ESG Advisory

Stakeholders increasingly require businesses to act responsibly and proactively integrate ESG into their corporate strategy. Assessing and improving your business’s material ESG considerations isn’t easy. Implementing best-practice standards and understanding new responsibilities can be confusing while maintaining transparency, balancing business needs and monitoring progress is notoriously hard. 

As part of our ESG strategy service, our team of experts can: 

• Advise you on implementing relevant ESG-related technologies, with the support of our award-winning team of data scientists, developers and consultants at MDR Cyber and MDRx 
• Collect, monitor and report your ESG-related data to relevant stakeholders and regulators 
• Communicate your ESG achievements with your stakeholders clearly and transparently 
• Advise you on protecting your company’s reputation, including crisis management and simulation 

Action on sustainability used to be largely reputation-driven and voluntary, however, it's now increasingly regulation-driven and mandatory. From new reporting standards that are much more prescriptive about how companies disclose ESG impacts, risks, and opportunities, to enhanced due diligence obligations that require proactive mitigation and prevention of harms, the compliance bar is rising rapidly. 

The proliferation of ESG regulations and standards – CSDDD, CSRD, ESRS, TCFD, TNFD to name but a few – underscores the increasing importance of fully integrating sustainability matters into corporate strategy, governance, and risk management. This is essential to protecting and growing a business' ability to create and sustain value over time – not only complying with legal requirements, but also to building resilience and capitalising on opportunities for innovation in a rapidly evolving external context. 

The Purpose team can help you to:  

• Navigate complexity by determining which regulations are likely to apply and when 
• Fulfil compliance obligations in respect of specific regulations, such as, advising on effective 'double materiality' assessment and compliance of disclosures in relation to the EU Corporate Sustainability Reporting Directive 
• Implement the policies, practices, and processes necessary to fully embed sustainability matters into strategy, governance, and risk management, to support more informed decision-making and the ability to address multiple regulatory requirements 

Effective corporate reporting must reflect your purpose and progress towards sustainability goals. It should also address relevant stakeholder requirements, adhere to global best-practice standards, and be followed by a co-ordinated internal and external communications strategy. 

Based on the latest regulation and standards, our expertise will ensure you understand your reporting responsibilities, eliminating the risk of regulatory intervention, including greenwashing investigations and litigation. 

Our team of experts will work with you to: 

• Assess stakeholder expectations and the material issues that must be reported 
• Establish your current ESG profile to set science-based sustainability targets, including accurate reductions to carbon emissions 
• Advise on mandatory ESG-related disclosure requirements, including data, optimal reporting frameworks and compliance reviews 
• Align your ESG reporting with voluntary best-practice frameworks such as the SBTi or the UN's Sustainable Development Goals 
• Ensure your reporting is backed by sound governance, including training for board members and key management 
• Employ technology to ensure accurate and efficient reporting with the expertise of our award-winning team of data scientists, developers and consultants at MDR Cyber and MDRx 

Stakeholder expectations are changing rapidly. Regulators require mandatory reporting and market standards demand more detailed disclosure. At the same time, customers, employees and the public increasingly want to know where your business stands on key issues such as climate change, equity, diversity and inclusion, as well as human rights in your supply chains. Communicating your response to these demands and your sustainability impact is vital but must be managed carefully to avoid regulatory complaints. 

Communicate your sustainability impact with confidence and ensure compliance with the latest regulation: 

• Greenwash Guard training – customised, one-hour seminars to educate your key stakeholders on communicating ESG issues, how to deal with a crisis, and adhere to the current regulatory and legal environment 
• Pre-publication clearance – legal clearance for ESG-related statements for the market, regulatory reporting, market disclosures, advertising, and press responses 
• Crisis management – expert guidance on handling a crisis and developing a robust crisis plan using our network of specialists including overseas lawyers, international advisors, crisis communication experts, digital investigators, and experts in business strategy and public affairs 

With the need for transparency and ethical business practices intensifying, supply chain strategies must change too.  Improving environmental responsibility, labour standards, and human rights are all aspects which need to be considered to mitigate risk and enhance corporate reputation.   

Our specialist guidance will enable your business to embed sustainable practices into your supply chain strategy, ensuring compliance with voluntary standards as well as national and international regulation.  

Our expert team will work with you to: 

• Review your current supply chain strategy, policies and procedures to assess your risks and opportunities 
• Develop a supply chain strategy that promotes transparency, ethical and green business, fair-trade and the circular economy 
• Advise on the relevant regulations and reporting requirements faced by businesses in your supply chain 
• Implement tools to achieve compliance 
• Advise on best-practice standards, specific to your industry 
• Implement digital supply-chain technologies, designed to increase visibility, accountability and efficiency with support from our award-winning team of data scientists, developers and consultants at MDR Cyber and MDRx