Establishing an energy client’s environmental, social, and governance (ESG) strategy and reporting process

Foundational ESG Strategy Development and Reporting

Driven by business partner expectations for environmental, social, and governance (ESG) reporting, performance improvement, and emerging regulatory requirements for climate-related financial disclosures, an energy company wanted to initiate their ESG strategy and reporting process. They reached out to our team to help.

We began by benchmarking our client’s performance against peers, expectations, and key frameworks such as the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB). Working closely with business leaders, we conducted their first materiality assessment, established ESG priorities and associated performance targets, and identified discrete, feasible actions to achieve goals. Building upon these actions, our team compiled the company’s first corporate sustainability report that will communicate meaningful progress and next steps.

With this strong foundation for continued ESG action and reporting, our client can align business activities with their core values and satisfy the goals of invested parties.