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Governance
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Governance
Overview
Embedding sustainability into your corporate governance structure
Many companies choose to delegate sustainability initiatives as an add on responsibility to existing functions, but this is unlikely to achieve optimum results. Sustainability transformation requires ESG governance to be embedded at all organisation levels starting at the highest.
This ensures that Sustainability is given due weight and can be fully integrated with the corporate strategy, culture and business model in order to achieve maximum impact.
The benefits of embedding ESG within the governance structure include:
- Better alignment of your sustainability strategy and corporate strategy
- More effective and efficient implementation of your sustainability strategy
- More transparency, accountability, and effective oversight of ESG matters at board and executive management level
- More effective ESG risk assessment and management
- Reassure stakeholders that sustainability is a priority for the company
However, there is no ‘one-size-fits-all’ approach to effective sustainability governance. RenoirESG will analyse and assess your existing governance structure and recommend a bespoke approach to embedding ESG factors.
We can advise on the most effective structures required to embed ESG factors into your business model, including:
- Establish a Sustainability Committee and Charter to ensure effective oversight of sustainability matters
- Assign board and management level roles and responsibilities
- Embed sustainability into the performance and remuneration structure
- Increase sustainability knowledge and build internal capacities at all levels of the company
Lacking data to validate or support key business decisions
Lack of knowledge to define a cohesive business or data strategy
Low speed to market and trouble adapting quickly to customer and market needs
High operational costs due to lengthy data processing times
RenoirESG Solutions
Stakeholder Engagement & Materiality Assessment
Gap Analysis
Strategy
Governance
Why RenoirESG
ESG Excellence
We have established a dedicated ESG Centre of Excellence, using best-in-class and adaptable tools tailored for your company’s specific needs. Our proven track record ensures the delivery of effective sustainability and climate change solutions.
Beyond Strategy
Our expertise goes beyond developing and implementing strategy. Our management consulting expertise enables us to analyse the financial value of ESG integration within your business context. We work with you every step of the way to transform plans into actionable initiatives. Our support extends to the implementation of sustainability and climate change strategies, ensuring tangible results and lasting impact.
Measurable Results
Our methodology allows for opportunity identification across any business and prioritises the delivery of tangible business benefits. We will analyse how your company can most effectively enhance its sustainability practices and develop a practical programme to execute the solutions.
Want to know more?
Let’s talk.
Let us help you navigate the increasingly demanding ESG landscape.