Are You Ready for the ESG revolution?
Societal need and business opportunity are coming together to transform the way companies craft strategy, drive performance and report results.
Keeping three ESG dimensions in mind can kickstart transformation by:
Translating aspirations into plans
Reimagining management and measurement
Driving strategy and transformation
and create momentum for change.
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But there are barriers to effective ESG adoption.
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These barriers can be overcome by:
Review common standards in your industry or region, but augment those critical metrics for your business
Using that data, establish a baseline against which to measure your progress, and set targets Enhance you reporting capability to match granular expectations of rating agencies
What else can you do to develop an effective agenda for ESG transformation?
Don’t make ESG a bolt-on. Connect your ESG initiatives with the overall strategy of the company
Support initiatives and aspirations with real resources, framing ESG as a long-term investment not a short-term cost
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