Industries around the globe are likely facing the perfect storm of disruption in markets, supply chains, operations, technologies and regulations. And with the world still grappling with the impact of COVID-19, the question on how to grow Economic, Social and Governance regimes in firms has increased massively.
Climate neutrality has evolved to be the global test case for the delivery of comprehensive ESG strategies - with ambitious targets defined
Global organisations say “sustainability” is a priority – but they’re not doing enough
Most companies have climate strategies and targets that appear to vitally reduce, or even eliminate, their contributions to global warming. The rapid increase of corporate climate pledges, combined with the fragmentation of approaches makes it even more difficult to distinguish between climate leadership and greenwashing. This is compounded by a general lack of regulatory oversight at national level.
Leading players across sectors are addressing this challenge with large-scale initiatives to create transparency and get ready for the challenge
The integrity of most approaches seems to be weak, nurturing the fear of “greenwashing”
- “Net zero” targets commit to reduce aggregate emissions by only 40% on average, not 100% as suggested or required
- 19 of the 25 companies assessed will rely on offsetting for their future pledges, and only one company plans explicitly without offsets
- Hard to distinguish between real climate leadership and unsubstantiated greenwashing
Yet recent studies show that the integrity of most approaches seems to be weak, nurturing the fear of “unsubstantiated greenwashing” in most cases
TSETINIS - EFESO benchmarks confirm: firms don’t understand how to deliver a highly integrated ESG program
- TOP-1 GAP “Tools & Systems”: the wide variety of solutions with different functionalities makes it extremely hard for firms to choose the ”right” one
- TOP-2 GAP ”Strategy”: Corporate- / Product Carbon Footprints as well as potential impacts on underlying cost scenarios are not fully understood
- TOP-3 GAP”Organisation & Governance”: Program set-up does not carefully integrate all facets and aspects of the required transformation
TSETINIS - EFESO benchmarks confirm: firms just don’t understand how to deliver a highly integrated ESG program end-to-end, leaving major GAPs unattended
We help you to grow integrity
Identifying and promoting real climate leadership is a key challenge that, where addressed, has the potential to unlock greater global climate change mitigation ambition.
20 years ago, TSETINIS - EFESO has created what most experts see as today’s global industry standard for performance improvement and cost optimization – we are now applying this to ESG!
We will help you to make your ESG ambitions work in practice and deliver a transformation towards sustainability that is integer and really works
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