What is an ESG strategy and transformation services?
An ESG strategy is a holistic enterprise strategy that helps create long-term value for all stakeholders. It is in alignment with business objectives and builds resilience to enable ongoing success in a future that is characterized by social and environmental change. It focuses on an organisation's need to act and adapt by taking into consideration emerging and future trends in ESG regulation, changing stakeholder behaviors and shifting expectations from lenders, investors, insurers and rating agencies.
Additionally, companies must know where they can have the greatest impacts on long term value creation, translating these areas into priority ESG topics.
How can we help you?
We offer a range of services from strategy to reporting; our strategy assessment solution typically entails the Assess & Strategy and Design & Implement phases, resulting in a roadmap with actionable steps to operationalize ESG programs and reporting.
Identify current state of ESG and prioritise critical areas:
Maturity & Materiality
Evaluate material ESG topic areas and current ESG maturity
ESG Baseline
Baseline current emissions footprint/level, social metrics (e.g. IDE, health & safety, ethical supply chain, etc.) and identify “needle-movers”
Market Positioning
Assess ESG performance relative to peers and develop synthetic ESG rating
Asset Vulnerability
Identify and quantify asset base’s current value-at-risk against several hazard types
Integration of current & future state into goals that feed the strategy
Cost-Benefit Analysis
Identify and estimate financial exposure to relevant ESG issues
Target-setting
Agree on disclosure frameworks to adopt and specify targets that will guide ESG implementation
Strategy Development
Create ESG strategy and integrate into enterprise-wide strategy
Roadmap Planning
Develop actionable plan for embedding ESG into Op Model (processes, data, roles, etc.)
Reporting Strategy
Develop actions to address and enhance ESG reporting gaps
Contact our experts and read more insights here
If you or your company are interested in hearing more about KPMG’s ESG strategy and transformations, you are welcome to reach out to our ESG experts below.
Morten Grønnebæk
Partner, NextGen Operations
KPMG in Denmark
Henrik Jürgensen
Partner, ESG Advisory Services
KPMG in Denmark