The client wanted to enhance the quality of ESG reporting considering upcoming disclosure requirements and address gaps to ensure alignment with globally accepted reporting guidelines and compliance disclosures.
• As-is analysis of previous financial year’s report to identify gaps in reporting
• Gap analysis of the company’s disclosure quality with respect to presently adopted as well as globally accepted reporting frameworks
• Peer review to assess quality and alignment of sector-wide reporting processes
• Review of the existing stakeholder engagement procedures
• Indexing the company’s performance in the gap assessment to weighted scores
• Drawing structured insights from the gap assessment to help improve data and statement framing and representation
• Indicator-specific performance commentary with respect to presently adhered reporting and compliance frameworks
• Assess the company’s multiple public disclosures to ensure consistency and clarity in reporting
• Identifying stakeholder requirements for the sector and inculcating the same in the company’s reporting
• Recommend opportunities for improvement in upcoming reporting cycles
Providing a critique and technical review of the client’s ESG disclosures encompassing the current and upcoming regulatory developments, external frameworks/benchmarks, and examples of best practices in the relevant sectors, industries and geographies. Additionally, formulating recommendations for a phased approach over the next three years, with clear prioritization of goals.
A detailed assessment of the most relevant areas for potential improvement across ESG aspects in its business operations
• A comprehensive peer benchmarking exercise on key ESG aspects to understand current trends and market requirements
• A thorough insight into the gaps in maturity, consistency, and relevance of its ESG disclosures
• Better communication in addressing the stakeholders’ concerns
• Significant improvement of ESG scores
• Enhance disclosure quality across guidelines, reporting frameworks and compliance requirements
• Identified upcoming and leading materiality topics in the sector and the company’s preparedness for its reporting
