Developing an ESG Pathway for a Not-for-Profit Organisation.
This project included evaluating the ESG governance structure, conducting a business readiness assessment, ensuring regulatory compliance, conducting materiality assessment, analysing data & analytics, setting objectives, analysing risks, and aligning reporting frameworks.
Phases & Activities:
- Evaluate:
- ESG Governance: Set policy, agree on structure and timeframes.
- Business Readiness: Engage the board, craft vision, align strategy.
- Compliance & Best Practice: Review financial, legal, procurement aspects.
- Materiality Assessment: Identify crucial issues and set priorities.
- Data & Analytics: Evaluate captured data, tools, and risks.
- Objectives: Establish topic-focused work groups, set ESG priorities.
- Risk Analysis: Identify barriers to ESG strategy.
- Decide:
- Draft Strategy: Align strategy with capabilities, ensure feasibility.
- Procedure: Define responsibilities, establish KPIs, integrate ESG into practices.
- Measurement: Track progress with specific and relevant metrics.
- Disclose:
- Communication: Set channels, report progress to stakeholders.
BENEFIT
Redd Zebra built a comprehensive ESG pathway, integrated ESG principles into operations and communication. Regular reviews ensure continuous improvement and alignment with stakeholder expectations and industry best practices.
