Company Needs
In the last years, the growing attention over sustainability has led Companies to reconsider their approach towards environmental, social and governance (ESG) issues. This shift has been fueled by both regulatory pressure and the ever-increasing expectations of investors, customers and other stakeholders. ESG reporting has not only become a tool for showing transparency and commitment to sustainable practices, but also a key factor in long-term business success.
Companies, nowadays, face multiple challenges related to managing ESG data and producing meaningful reports:
- Regulation compliance: Sustainability regulations are multiplying in different jurisdictions, making it challenging for Businesses to stay up to date and compliant with all current regulations. For example, the European Non-Financial Reporting Directive (NFRD) and the new Corporate Sustainability Reporting Directive (CSRD) place an obligation on Companies to disclose detailed ESG information. Failure to comply with these obligations may result in sanctions and reputational damage
- Investors expectations: Institutional investors are increasingly demanding transparency regarding Companies' ESG performance and they are interested in understanding how ESG issues impact a Cmpany's financial and operational results. The ability in reporting accurate and consistent data is essential to maintain market trust and access financing
- Reputation and consumer trust: Consumers are increasingly aware of sustainability issues. Companies that adopt strong ESG practices can improve their reputation and build customer loyalty. Transparent ESG reporting allows Companies to clearly communicate their progress towards sustainability goals, and strengthen trust in the brand
- Operative efficiency: Effective management of ESG metrics allows to identify risks and opportunities that might otherwise go unnoticed. Implementing well-structured ESG policies can lead to greater operational efficiency, reduced energy costs, improved waste management and mitigation of risks related to climate change and social issues
- Ability to attract and retain talents: More and more people, especially among the younger generations, want to work for Companies that demonstrate a genuine commitment towards sustainability. Companies which show an ESG leadership are more attractive to talent and can boast higher retention rates
SERVICE DESCRIPTION
Our consultancy service is designed to help Companies in managing successfully the complex challenges associated with collecting, managing and reporting ESG data. We offer a tailor-made approach that adapts to the specific needs of each Company, taking into account the sector to which it belongs, its size as well as the regulatory context of reference.
What We Offer
- Regulation compliance: We ensure that the ESG report complies with all relevant regulations, both locally and internationally. We stay up to date on evolving regulatory requirements and ensure that reports are aligned with the latest standards, such as those defined by the GRI (Global Reporting Initiative), SASB (Sustainability Accounting Standards Board) and TCFD (Task Force on Climate-related Financial Disclosures)
- Data collection and management: We help Companies in implementing efficient and automated data collection systems to monitor ESG metrics. Data accuracy and quality are crucial for effective reporting, and our team provides support to identify and track KPIs relevant to the company's specific sector
- ESG risk assessment: Our service includes an in-depth analysis of ESG risks, with a focus on how these can impact the Company's financial and operational performance. We identify the critical areas in which to intervene and suggest mitigation strategies
- ESG communication strategy: We provide advice on how to effectively communicate ESG reporting results to investors, customers and other key stakeholders. Our expertise in strategic communications will help create a clear and compelling narrative that emphasizes successes and ongoing commitment over sustainability
- ESG integration into corporate strategy: We go beyond simple reporting, supporting Companies in integrating ESG considerations into the Business overall strategy. This holistic approach ensures that sustainability efforts are not isolated but an integral part of the Company's growth and innovation
Application phases of our ESG reporting service
Our ESG reporting consultancy process consists of several phases, each of which is carefully planned to maximize results and minimize risks
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1
Preliminary analysis and needs assessment
In the initial phase, we work closely with our Customers to fully understand their specific needs. We carry out an in-depth analysis of existing ESG practices, applicable regulations and long-term business objectives. This allows to clearly define the relevant KPIs and areas for improvement to focus on
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2
Development of a customized ESG strategy
Once the analysis phase is complete, we develop a tailored ESG strategy for the Company, including clear and measurable objectives, a roadmap for ESG reporting and a precise definition of data collection processes. We work with the Business team to identify which resources are needed and set realistic deadlines
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3
Implementation of the data collection system
ESG data management is one of the most critical aspects of our service. We implement automated data collection systems that minimize errors and improve efficiency. We train Business internal staff and provide ongoing support. Our goal is to ensure that the data collected is accurate, consistent and aligned with regulatory requirements
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4
ESG report drafting
After collecting and analyzing the data, we proceed with the drafting of the ESG report. Our team of experts is highly qualified in writing reports that meet the criteria of international standards, such as the GRI or SASB. We ensure that the report is clearly structured, that it includes all relevant information and presents a complete view of the Company’s ESG performance
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5
ESG report check and review
Before publishing the report, we carry out an internal review to ensure the quality and accuracy of the information. We also offer an external report verification service, collaborating with certified Bodies to ensure that the document meets the highest standards of transparency and compliance
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6
Support in sharing and communication
We help Companies in planning and implementing an effective ESG reporting disclosure strategy. This may include presenting the report to investors, publishing it on the Company website and communicating the results to key stakeholders through targeted channels. We provide advice on how to improve the visibility of the Business’s ESG initiatives, thus strengthening reputation and trust of stakeholders
Contact one of our experts
Riccardo Rota
Digital Business Integration Manager
Email: riccardo.rota@zetaconsulting.info
Telefono: +39 3486158126
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