1
2
3
Situation Analysis
Awareness building and engagement with executives, functional team and general staff. Built concepts, knowledge and structure leading to action, business benefits and sustainable outcomes
Diagnosis of status and readiness on sustainability, gaining understanding of client’s needs. Select standards, structure and establish sustainability policies, prioritizing key initiatives and financial resources
ESG Framework & Strategies
Develop ESG strategy, framework and system as well as data repository in line with the enterprise risk management (ERM). Mapping Corporate’s value chain with related ESG initiatives
6
5
4
Implementation & Review
Strategic Alignment
Reporting & Disclosure
Compliance and Disclosure on the progress and celebrate of the achievement. Communicate effectively with both internal and external key audiences, especially customers
Set up action plan, realistic targets to facilitate the transformation. Monitor and audit selected sustainability projects and review the quantified KPIs with continuous improvement
Harmonize and integrate ESG measures with current Corporate strategic direction and culture. Engage stakeholders to manage the planned changes and identify new opportunities in industries
1
Introductory Training/Engagement
Through a series of workshops, training sessions, and seminars, our objective is to introduce:
-
Key concepts surrounding sustainability and the significance of corporate risk management
-
The concept of ESG and understanding the importance of ESG reporting standards and metrics
-
UNSDG best practice guide and the Sustainable Development Goals (SDGs)
-
Carbon Neutrality and understanding its implication for business competitiveness
-
Carbon Asset Management and the Importance of Carbon Trading
-
Climate Risk Management and understand its financial implication and related framework
-
Waste Management: an overview of the Government’s waste charging policies and measures
-
Green Washing, Climate Washing and SDG washing and understand the principles to avoid pitfalls
International
ESG Trend
ESG Topic
Highlights
Green Finance &
Investment
Regulations &
Standards
ESG Investing /
Rating
Sustainable
Reporting
ESG Metrics
Each training session will be enriched with pertinent case studies and real-world examples, providing valuable practical insights for participants.
Sustainability
Concepts
Triple Bottom
Line
UN Sustainable
Development Goals
Corporate Risks &
Opportunity
Climate
Risks &
Carbon
Neutrality
Phase of
Transformation
Sustainability
Leadership
2
Situation Analysis
-
Through a series of workshops and coaching, diagnose the corporation’s status via a sustainability checklist while identifying missing elements. Review different sustainability standards and disclosure requirements and select a suitable framework to start off with
-
Organising consultation meetings to plan for pursuing international standards or establish linkages with international organisations where appropriate to build corporate reputation
-
Review and strengthen different sustainability policy requirements and update the principles in line with the latest development of standards and regulations
-
Establish internal structure with different layers and division of work after reaching a consensus
-
Build a governance structure and execution arm to plan, do, check and act
Committee
Sustainability Team
Task force
- Define Sustainability Vision & Strategy, Risks & Opportunities
- Approval of policies and frameworks
- Oversight of implementation of sustainability policies & frameworks
- Review and approve sustainability plans, targets, projects and investments
- Set sustainability plans, and targets, follow up and report regularly
- Follow up on project implementations
- Assist with sustainability project research and creating sustainability awareness throughout the company stakeholders
- Develop action plans to enhance sustainability performance
- Responsible for project research analysis, implementation, follow up and revision when necessary
- Report progress on projects and KPI’s
3
ESG Framework & Strategies
-
Formulation of ESG strategies and initiatives & integration into business processes and function
-
Through consultative meetings/coaching, introduce ESG risk and ESG audits. Seek to effectively use analytical tools and systems to ensure that proactive risk management flows through
-
Understand climate change is becoming an increasingly important global issue and how Climate Risks can significantly impact a company’s operations, supply chain and financial performance
-
Preparing for the Carbon Neutrality Roadmap and understanding the required investment and resources commitment phase by phase
-
Preparing for the selection of related UN Sustainable Development Goals (UNSDGs) for the company according to the impact and nature of the business operation
-
Mapping the SDGs across the company values chain
4
Strategic Alignment
-
Manage stakeholders' expectations and concerns by exploring stakeholder engagement methods and identifying key stakeholders via consultation, training and surveys
-
Identifying topics, strategies, and other forms of qualitative and quantitative measures to assist the company on its journey to achieving SDGs
5
Implementation & Review
-
Through consultative meetings, evaluate internal resources and manpower before committing to achieving standards or goals
-
Review the company’s ESG metric and build a data repository to ensure data are accurate and plan for reduction targets and compliance
-
Review the company’s waste amount, recycling measures and compliance rate to ensure data accuracy and plan for waste reduction targets with an aim to reduce future waste charging expenses
-
Review the company’s energy consumption pattern by basic energy diagnosis and measurement. If the budget allows energy usage by segment/type, it will be measured by IOT technologies and smart meter
-
Review the company’s energy consumption pattern by basic energy diagnosis and measurement. If the budget allows energy usage by segment/type, it will be measured by IOT technologies and smart meters
-
Trial usage for 3 months on AI Energy Saving Solutions. A technological application can only be adopted if the company manages its own chiller operation instead of fan coil unit distribution by the property management company
-
Carbon Audit by Carbon Auditor: Measure Carbon Footprint on Organisational level based on ISO14064-1:2018 GHG – Part I and plan for carbon reduction
-
Review company’s carbon asset management to meet with future carbon neutrality goals and financial implication with internal carbon pricing in place
6
Reporting & Disclosure
ESG reporting typically focuses on:
-
Environmental Impact: ESG reporting often includes information on a company's environmental footprint, including its greenhouse gas emissions, water usage, waste management practices, and efforts to mitigate climate change.
-
Social Responsibility: ESG reporting also covers a company's social impact, including its treatment of employees, diversity and inclusion initiatives, labor practices, human rights policies, community engagement, and philanthropic activities.
-
Governance: ESG reporting assesses a company's corporate governance practices, including board composition and independence, executive compensation, shareholder rights, risk management, and ethical conduct.
-
Stakeholder Engagement: ESG reporting considers how companies engage with their stakeholders, including shareholders, employees, customers, suppliers, and local communities. This includes communication and transparency efforts, as well as mechanisms for feedback and accountability.
-
Materiality: ESG reporting focuses on issues that are material to a company's business and stakeholders. This means identifying and reporting on the most significant ESG risks and opportunities that could impact the company's financial performance and reputation.
-
Performance Metrics: ESG reporting typically includes specific performance metrics and targets related to environmental, social, and governance issues. These metrics allow for benchmarking, tracking progress, and comparing performance across companies and industries.
-
Integration with Financial Reporting: Increasingly, ESG reporting is being integrated with financial reporting to provide a more comprehensive view of a company's overall performance and value creation. This includes disclosing ESG risks and opportunities, as well as the impact of ESG factors on financial performance.