Strategy, governance and purpose
ESG is an extremely wide field. What matters is that those material issues which have significant real or potential financial implications for your business are well understood and managed, from both a risk management and value creation perspective. We find the most successful businesses align this with a focus on purpose and strategy, and through ensuring they have the right skills and diversity of thought at Board level. We assist our clients to review roles, responsibilities and governance for ESG, to develop strategy, and to explore and define organisational purpose.
ESG, climate risk & impact reporting & assurance
Reporting requirements for financial services on ESG are increasing in rigour and complexity in many jurisdictions. For example, the EU’s Action Plan on Sustainable Finance has some far-reaching implications, whilst implementation of the Taskforce for Climate-Related Financial Disclosures (TCFD) is now relevant in different contexts, including for UK listed companies and asset managers, and for signatories to the Principles for Responsible Investment (PRI). Take-up of voluntary best practice standards for impact investing are also increasing, for example the IFC’s Operating Principles for Impact Management. Working with our global experts in this field, we can support you with implementing requirements, such as strengthening governance and scenario testing under the TCFD. We can review your readiness for disclosure, help you develop your reporting, or alternatively we can provide independent verification and assurance over your disclosures to relevant international standards. We are also delighted to provide third party certification for funds under the Guernsey Green Fund and for TISE Green.