What is an ESG integration? The ESG integration describes the inclusion of environmental, social and governance aspects in the business activities of a company or an investment portfolio. In order of an investor to invest in a sustainable company, ESG reporting is required. A company's ESG reporting documents how environmental, social and corporate governance aspects are implemented and what the company's goals are. This provides stakeholders with an overview of the topic of sustainability.
Our offer. As ESG consultancies, we support you to integrate ESG into your company. The materiality analysis underlines the levers and the ESG strategy is defined together with the management. The ESG roadmap helps to integrate the ESG strategy until the ESG reporting is available, which can be renewed annually.
All starts with a materiality analysis
A materiality analysis is a process that helps companies to identify and prioritize the aspects of their business operations that are material to them. Environmental, social and governance (ESG) factors are strongly considered.
The materiality analysis is based on the assumption that not all ESG issues are of equal importance to different companies. Instead, the company focuses on identifying those aspects that have the most significant impact on ESG, business strategy, performance and stakeholder expectations.
There is a wonderful podcast episode with Dr. Christina Bannier, during which we deep dive into this topic.
(The podcast is in German.)
The integration of an ESG strategy is the change of attitude
An ESG strategy supports the company to integrate environmental, social and corporate governance factors into its business activities.
An ESG strategy should promote the long-term value creation of the company by not only pursuing financial goals, but also taking social and environmental concerns into account. The ESG strategy can help to save energy costs, improve risk management, have a positive impact on biodiversity, strengthen corporate reputation, increase employee retention, open up new business opportunities and gain the trust of stakeholders. It is a fact, that an ESG integration through a basic strategy change is not a project, but a new corporate mindset. I have discussed this topic in greater depth with Dr. Martin Bethke in one of our podcasts.
(The podcast is in German.)
Let's go on a journey
The ESG roadmap provides a roadmap for implementing an ESG strategy in a company. Step by step, you reach the goal of a new and better strategic direction.
- Stakeholder Engagement
- Materiality Assessment
- Set ESG Goals and Targets
- Gap Analysis
- Develop Action Plan
- Integration into Business Processes
- Build ESG Capacity and Capability
- Monitor and Measure Performance
- Report and Disclose
- Continuous Improvement