By John Thompson, Strategic Communications Director
Whether your company is big or small, Environmental, Social and Governance (ESG) reporting and investing is taking on a greater significance. Companies that fail to invest are likely to fall behind their competitors; and soon they may have no choice, with governments taking a tougher line on responsible business behaviour.
ESG is more than a simple box-ticking exercise. In the words of PWC, “it’s about making a difference – for your business and the world… creating sustained outcomes that drive value and fuel growth, whilst strengthening our environment and societies.”
A new report from Allianz on key risk trends for directors and officers in 2023 identifies that an inadequate or non-compliant response to ESG issues is among the key risk trends for companies and their directors.
From a purely operational perspective, ESG facilitates top-line growth in the long run, attracts talent, reduces costs, and forges a sense of trust amongst consumers.
At Lantern Comitas, we help clients face the challenges that come with building a business that is both environmentally sustainable and financially profitable.
Our ESG business is led by University of Buckingham Professor, Brian Sturgess, whose career spans academic research, journalism, investment banking and strategic consulting. He has worked as an Economist for the BBC, the European Commission and the African Development Bank.
We will deliver piece of mind: we provide a one-stop ESG service for clients that covers the entire process, from creation to execution:
Assist in identifying which ESG metrics are most suitable for disclosure
Evaluate the risks and opportunities that they may encounter
Assist in the auditing process
Provide a Sustainability Report for shareholders
Train teams on measuring and monitoring the data that will be disclosed in an ESG assessment
Our service meets the requirements of the Sustainability Standards Accounting Board (SASB), the Global Reporting Initiative (GRI), the UN’s Sustainable Development Goals (SDGs) and the Task Force on Climate-Related Financial Disclosures (TCFD).
When the time comes, we can also help you communicate, engage and inform your stakeholders about your ESG status. It’s important that your stakeholders know that your business is being run responsibly and sustainably.