One of the recent business transformations is the shift from shareholders consciousness to creating positive Environmental, Social, and Governance (ESG) impacts. Responsible businesses have realized how long-term resiliency of every business is hinged on contributions towards the welfare of the people and the entire ecosystem.
Investors, regulators, communities, supply chain partners and other stakeholders are increasingly investigating and demanding the disclosure of material environmental and socioeconomic impacts of businesses and how they are governed. At GreenLife Sustainability Consulting, we help clients understand and proactively manage their ESG risks and opportunities.
Begin Your ESG & Sustainability Journey
The links between ESG and businesses are becoming increasingly complex and can slow or accelerate ESG risks and opportunities. As a result, investors and stakeholders’ expectations have shifted dramatically in line with the evolving sustainability trends.
GreenLife Sustainability Consulting helps organizations to identify material ESG impacts, develop sustainability agenda and pathways to achieve their sustainability ambitions.
Communicating Your ESG Journey
Further to regulatory obligations to disclose sustainability performance annually to key stakeholders, several businesses have leveraged on sustainability reporting to lead in financial performance among their peers and manage regulatory risks. At GreenLife Sustainability Consulting, we help businesses to plan and develop their annual sustainability using GRI, IFRS, and other standards. Our consultants have a strong industry experience that can be instrumental in the upgrading of company’s CDP Climate Change and Water Security ratings.
Mere sustainability statements are no longer enough to meet various stakeholders’ expectations. Companies are expected to set out clear ESG targets and to communicate quantifiable and verifiable ESG performance.
At GreenLife Sustainability we support businesses to set out ESG goals that are ‘SMART’ (specific, measurable, achievable, relevant and time bound) and with metrics for improvement. This enables our clients to track year-over-year trends and identify gaps.
Community needs assessment is a systematic process performed prior to acting and is used to gather accurate information that determine current situations, identify problems and service gaps as well as the resources and strengths available to meet the needs in a target community. This process is required to enable our clients to understand current development priorities and give direction to social investments.
Our Social Impact Assessment (SIA) supports organizations and project managers in the process of research, planning and the management of social impacts (positive and negative, intended and unintended) arising from their projects. GreenLife Sustainability community and stakeholder engagement approach supports our clients to build trust and gain Social License to Operate (SLO) from their impacted, access and host communities. Our team helps organizations to build the capacity to mitigate negative impacts, help affected people to adapt, and enhance positive impacts. Our team applies social science methodologies underpinned by community and stakeholder engagement to ensure rigorous assessment of social risks and opportunities in a manner that meets regulatory requirements and international standards.
Direct Your Effort and Resources on Material Issues
An accurate ESG materiality analysis enables organisations to direct resources to the ESG topics that are most critical across their value chain. If offers companies the opportunity to proactively respond to stakeholder concerns and align their business activities with investors’ expectations.
With proven track record of materiality assessment for different multinationals, GreenLife Sustainability can support organizations to conduct a double materiality assessment to identify and define the economic, social and environmental topics that have the most significant impact on their businesses and stakeholders. The outcome of materiality assessment exercise enables our clients to understand priority material topics that are needed to shape their business strategy and sustainability reporting.
Responsible organisations prioritise on tools like policies, Code of Conducts, and Standard Operating Procedures to describes their organization’s commitments, targets and management strategy to sustainable development goals.
The net-zero transition is reshaping the global economy, opening new markets and imperiling others. Leaders now face multiple imperatives: reducing emissions, ensuring affordability of energy and materials, providing reliable and secure energy systems, and strengthening competitiveness for companies and countries. Leaders need to take a holistic approach across these challenges, driving climate action and growth in the net zero transition.
GreenLife Sustainability help businesses to build an ambitious science-based targets and carbon reduction roadmap. We guide investments into the circular transition and help our clients to navigate and accelerate their decarbonization journey toward net-zero emissions.
The links between ESG and businesses are becoming increasingly complex and can slow or accelerate ESG risks and opportunities. As a result, investors and stakeholders’ expectations have shifted dramatically in line with the evolving sustainability trends. Investors and financial institutions are connecting environmental, social and governance (ESG) performance with financial performance and are increasing their investments in those companies that discloses their ESG performance. Regulators, communities, financiers and civil societies are also expecting that executive management teams will address unsustainable business practices and seek to make positive impacts in society.
The success of every social investment and nonprofit initiative often depends on the ability to measure and accounts for their actual impacts on the participants/beneficiaries, their organizations, families and the society.
With this comes the need for a Tracer Study – an impact measurement process that traces and records the activities of nonprofits and social investment beneficiaries, to enable the concerned stakeholders (grantor, grantee, beneficiaries etc.) to obtain information about the actual impact (benefits and deficiencies) of the programme against the mission and end goals.