Developing your robust ESG strategy so that it mitigates risk, creates opportunities, and is effectively embedded into the organisation is a multifaceted challenge that impacts all your stakeholders.

Your ESG priorities need to reflect incoming regulations, the reporting systems you use and the priorities of your organisation. As well as setting credible targets, you need to bring the agenda to life, engage stakeholders, and understand the implications of any action you take. Modelling the impacts of ESG policies in terms of the risks and opportunities will ensure your solutions are effective and authentic. We work with our clients to create ESG agendas that are an asset, not an obligation.

Why Grant Thornton

ESG measures can be complex and wide-ranging. We can help you decide where your key priorities lie, whether that’s with climate change and transition risks, environmental impacts, sustainable and ethical supply chains, inclusion and diversity, current and future tax implications or reporting and communication. Our expert teams around the world collaborate to ensure that our clients are seeing the big picture, and their place within it, while also doing this for our own business.

 

Supporting the unique needs of our clients

Each organisation will have specific requirements and goals. Your first step in establishing your ESG strategy should be to ask these core strategic questions and considerations.

  • How can you bring your ESG priorities to life across your organisation?
  • What opportunities could ESG bring to your organisation, and how can you take advantage of them?
  • What would a credible carbon/pollutant reduction strategy look like for your organisation? 
  • How do you effectively engage the board and your wider organisation with the ESG agenda?
  • How can ESG be embedded into your organisations business strategy?
  • What is the impact to profitability with a greater ESG focus, what is the impact of doing nothing?
  • How inclusive and diverse is your organisation and what impact does this have on your ability to attract and retain talent you need?
  • What skills and resources do you need to support your ESG ambitions, where are the gaps and how will you fill these?
  • Do you understand, and have you modelled, the impact of current and future tax policy across your business and key geographies?
  • How can you effectively take advantage of tax incentives available in the UK and globally?
  • How can you align your M&A strategy to reflect ESG considerations?
  • What opportunities do you have if you base your funding around 'sustainable finance’? 
  • Whichever reporting framework or standard you choose, we can help you identify the specific disclosure requirements which must be followed. These will inform the level of detail that the strategic plans need to address
  • If you have regulatory driven reporting requirements such as the Task Force on Climate-Related Financial Disclosures (‘TCFD’), we can help you work through the required specific strategic, risk and opportunity assessments

ESG: themes and insights

Our experts provide a summary of key themes facing the market and answer frequently asked questions.

Report

ESG and access to capital: the mid-market needs to stay alert

How is ESG influencing mid-market lending in 2024? Find out with the results of our annual survey of UK-based lenders.