ESG Benchmarking
- Essential GAP analysis to create a strategic plan for ESG reporting
- We cover all ESG frameworks, from B Corp through to CRSD
- Gain clarity, save time and resources through targeted improvements
A methodology tailored to your business so you can meet your strategic objectives on-time and on-budget.
Expert ESG Consultants
ESG Benchmarking: it’s the Quality Approach
ESG – and sustainability overall – covers a vast array of considerations. Benchmarking brings everything into focus and helps us to help you plan where to best invest your energies and resources to improvement.
Your ESG benchmark report will address everything from the depth and quality of your GHG carbon emissions reporting through to your HR and ESG policies and procedures.
We then design a detailed project plan which is mapped to the timescales, budgets, and resources available. Your board will appreciate the clarity.
Identification of Policy Gaps: Uncovers gaps in existing ESG policies, allowing HR and management teams to develop strategies for change management and ensure alignment with evolving industry standards.
Assessment of Environmental Impact: Provides detailed insights into your company’s environmental footprint, enabling operational teams to implement targeted sustainability initiatives to reduce emissions, waste, and resource consumption.
Social Responsibility Benchmarking: Highlights areas in social performance, such as employee welfare, diversity, and community engagement, guiding HR and leadership to refine practices and improve social responsibility.
Governance Practices Evaluation: Identifies weaknesses in corporate governance structures, offering insights for boards and senior management to enhance transparency, accountability, and ethical decision-making.
Regulatory Compliance Gaps: Detects potential areas where your organisation may fall short of current or upcoming regulations, allowing legal and compliance teams to take proactive steps to avoid non-compliance penalties.
Supply Chain Insights: Provides detailed analysis of how your suppliers measure up against industry ESG standards, enabling procurement teams to foster more sustainable and responsible supply chain practices.
Resource Efficiency Opportunities: Pinpoints inefficiencies in energy and water usage or other resource management practices, empowering facilities and operations teams to implement cost-saving and environmentally friendly improvements.
Employee and Stakeholder Engagement: Identifies strengths and weaknesses in internal communication and engagement, helping HR teams enhance employee involvement in ESG initiatives and improve overall stakeholder satisfaction.
Investment and Financial Risk Identification: Highlights ESG-related risks within your financial portfolio, guiding financial teams and investors in re-evaluating investments and mitigating risks tied to unsustainable practices.
Preparation for Future Trends: Anticipates emerging ESG trends, giving management a competitive edge in strategic planning and enabling the business to stay ahead of market demands and regulatory changes.
… and much more!
While an ESG Benchmarking Audit can be a self-contained body of work, it is usually delivered as a part of a cohesive ESG strategy.
Contact us today to learn more about our ESG consulting services and how we can help you achieve your sustainability goals.
ESG Benchmarking Audit
If you can’t measure it, you can’t fix it!
At ESG Pro, our benchmarking audit process is designed to provide our clients with a comprehensive evaluation of their ESG performance, aligned with their chosen or required ESG frameworks. Whether your business is working towards standards like B Corp certification, adhering to Global Reporting Initiative (GRI) guidelines, or complying with the Corporate Sustainability Reporting Directive (CSRD), our process ensures that your ESG practices are measured and compared to these specific benchmarks.
We begin by thoroughly analysing your existing ESG policies, processes, and data, mapping them against the key requirements of the chosen framework. This includes evaluating environmental impact, social responsibility initiatives, governance practices, and supply chain sustainability. We then conduct a comparative analysis against industry peers and leading companies to identify where your organisation excels and where there are opportunities for improvement. This targeted approach not only highlights gaps but also provides actionable insights to align your business practices with the standards of your selected framework, ensuring that you are on track for certification or compliance.
ESG Benchmark Audits
Which ESG frameworks are supported?
At ESG Pro, our audit process is designed to be flexible and directly aligned with each client’s chosen ESG framework, such as B Corp, GRI, or the CSRD. This tailored approach allows us to focus on the specific criteria and metrics that matter most to the client, ensuring the audit is highly relevant and targeted. By conducting the audit with direct reference to the client’s required framework, we ensure that the evaluation not only provides a clear view of where the company stands, but also gives specific, actionable guidance on how to meet the framework’s requirements. This alignment is particularly beneficial for companies aiming for certification or compliance, as it helps them to track progress and close any gaps in a structured and efficient manner.
One of the primary advantages of this approach is that it enables the client to concentrate on the most relevant issues within the scope of their ESG commitments. Rather than attempting to address every possible ESG factor, which can be overwhelming and resource-intensive, the audit focuses on the key areas outlined by the specific framework. This targeted methodology ensures that the client’s efforts are optimised, and resources are allocated where they will have the greatest impact. For instance, if a company is working toward B Corp certification, we ensure the audit addresses the core areas of social and environmental performance that are most crucial to achieving this status.
By focusing on the specific ESG framework requirements, our audit process also helps streamline decision-making within the company. Management and key stakeholders can rely on the audit results to prioritise actions and develop strategies that are directly aligned with their ESG goals. This removes any ambiguity about which ESG factors to address first, helping businesses avoid distractions and maintain focus on initiatives that will bring them closer to certification or compliance. Ultimately, this approach promotes efficiency and clarity, reducing unnecessary expenditure and ensuring that sustainability efforts are goal-oriented and impactful.
Furthermore, our framework-specific audit also provides a clear pathway for long-term improvement. As the client works through the recommendations we provide, they are not only addressing immediate compliance or certification needs, but also building a more robust ESG foundation that can be adapted as regulatory landscapes and market expectations evolve. This future-proofing is a significant advantage in a dynamic ESG environment where frameworks like the CSRD are continuously evolving to include more stringent requirements. Our audits help clients stay ahead of these changes, giving them confidence that their ESG efforts will remain relevant over time.
In conclusion, ESG Pro’s ability to tailor benchmarking audits to the client’s specific ESG framework is a major advantage for businesses looking to optimise their ESG strategies. This targeted approach helps companies focus on the most relevant issues, provides clarity in decision-making, and ensures that resources are effectively utilised to meet their sustainability goals. It not only streamlines the certification or compliance process but also prepares the company for long-term ESG success in a rapidly evolving market.
