ESG for Non Financial Reporting & Disclosure

ESG for Non Financial Reporting & Disclosure

ESG for Non Financial Reporting & Disclosure

Non-Financial reporting is the process and procedure of gathering and disclosing data on a company’s performance including environmental, social, ethical, governance aspects.

What is Non-Financial Reporting?

Non-Financial reporting is the process and procedure of gathering and disclosing data on a company’s performance including environmental, social, ethical, governance aspects. The definition of Environment, Social, and Governance (ESG) can differ from company to company and must be accurate to be effective. Though, ESG reporting must also be robust and consistent to guarantee that companies can be compared and held to account.

There are several best practice sustainability reporting standards used by companies, institutions and investors. Sometimes organisations are required to participate in multiple recording frameworks for various reasons.

Our sustainability expert can help to streamline the disclosure process and support tangible improvements in ESG scores.

How do Non-Financial Disclosures Affect my Company?

  • Investors are increasingly using non-financial reporting standards such as (CDP, GRI etc) to screening companies
  • Align your ESG Reporting to your existing and prospective customers values and expectations
  • Increased public scrutiny of companies environmental, social and governance
  • Demonstrate your public commitment and actions in tackling climate change and inequality
  • Gain competitive commercial advantage
  • Financial institutions will be required to report under TCFD regulations from 2023

Carbon Disclosure Project (CDP)

Carbon Disclosure Project (CDP) is a best practice standard which requires companies to report on Environmental, Social and Governance issues. CDP uses a robust scoring methodology to measure an organisations progress on tackling climate change, deforestation, water scarcity, and uses the data to rank companies’ performance. 590 investors with over US$110 trillion in assets and 200 large buyers with US$5.5trillon in procurement spend use CDP to measure the sustainability of its supply chain and investments.

The benefits of participating in CDP are:

  • Enhance company reputation through transparent reporting
  • Gain competitive advantage when accessing capital and winning tenders
  • Ensure compliance for upcoming mandatory environmental reporting under TCFD
  • Reduce climate-related risks and capabilities on new business opportunities
  • Compare environmental performance against industry peers and competitors

Our sustainability professionals are experts in the CDP process. We can support your to streamline and optimise your CDP reporting procedures, obtain better data, reduce impacts and improve ESG scores.

Why us

    • We support organisations of all sizes and industries to report their environmental, social and governance performance
    • Detailed understanding of the scoring methodologies of different reporting standards, helping you to maximise your scores;
    • We can coordinate your internal and external teams to make the gathering of data as smooth as possible

Global Reporting Initiative (GRI)

The Global Reporting Initiative provides a framework for consistent reporting of sustainability, ethics, and economic performance. The GRI publishes a set of specific standards for topics including:

  • Energy
  • Emissions
  • Water and Effluents
  • Waste
  • Biodiversity
  • Procurement practices
  • Supply chain environmental assessment
  • Supplier social assessment
  • Diversity and equal opportunities

Our team of sustainability experts can support you to set up robust reporting practices in line with the GRI and ensure transparency of disclosure to the most rigorous of standards.

Achieving sustainability in your organization

Net Zero Achieving Sustainability

Net Zero is an ambitious and required target for governments, institutions, and companies to intensely reduce global greenhouse gas emissions and prevent the damaging effects of climate change.

Streamlined Energy and Carbon Reporting is a legal obligation for all large organisations to disclose their energy and carbon emissions within their annual Director’s Report, or separate sustainability report.

Environmental Impact Assessment (EIA) is an integral part of planning and development.

Energy performance certificates are a rating scheme to summarise the energy efficiency of buildings.