Benchmarking

While an ESG Benchmarking Audit can be a self-contained body of work, it is usually delivered as a part of a cohesive ESG strategy.

If you can’t measure it, you can’t fix it!

• Identification of Policy Gaps: Uncovers gaps in existing ESG policies, allowing HR and management teams to develop strategies for change management and ensure alignment with evolving industry standards. 
• Assessment of Environmental Impact: Provides detailed insights into your company’s environmental footprint, enabling operational teams to implement targeted sustainability initiatives to reduce emissions, waste, and resource consumption.
• Social Responsibility Benchmarking: Highlights areas in social performance, such as employee welfare, diversity, and community engagement, guiding HR and leadership to refine practices and improve social responsibility.
• Governance Practices Evaluation: Identifies weaknesses in corporate governance structures, offering insights for boards and senior management to enhance transparency, accountability, and ethical decision-making.
• Regulatory Compliance Gaps: Detects potential areas where your organisation may fall short of current or upcoming regulations, allowing legal and compliance teams to take proactive steps to avoid non-compliance penalties.
• Supply Chain Insights: Provides detailed analysis of how your suppliers measure up against industry ESG standards, enabling procurement teams to foster more sustainable and responsible supply chain practices.
• Resource Efficiency Opportunities: Pinpoints inefficiencies in energy and water usage or other resource management practices in order to implement cost-saving and environmentally friendly improvements.
• Employee and Stakeholder Engagement: Identifies strengths and weaknesses in internal communication and engagement, helping HR teams enhance employee involvement in ESG initiatives.
• Investment and Financial Risk Identification: Highlights ESG-related risks within your financial portfolio, guiding financial teams and investors in re-evaluating investments and mitigating risks.
• Preparation for Future Risk Identification: Anticipates emerging ESG trends, giving our clients a competitive edge in strategic planning and enabling the business to stay ahead of the market.
• … and much more!