Helping small and medium-sized enterprises get started on their sustainable journey
It is nothing new that working with ESG and sustainability is an important and required part of all companies’ agendas. But it can be a bit of a jungle to find one’s way around sustainability and to truly understand what it consists of and demands. As requirements for companies’ sustainability efforts and reporting are increasing, it is also becoming more complex and more difficult for them to find out what to do and how to report on their efforts.
In Deloitte, this is an agenda we are fully aware of – as our clients are increasingly coming to us and requiring our assistance and guidance when it comes to making their business more sustainable. We want to help our clients transition into a sustainable future in the best way, and we believe that ESG Profilen can help small and medium-sized enterprises get started on their own sustainable journeys.
ESG Profilen helps by providing an overview and in turn providing concrete outputs for working with ESG. It is an intuitive tool that maps out a company’s existing initiatives against the requirements and potential of their market within environmental, social, and governance criteria. The tool gives an overview which enables businesses to work strategically with sustainability and guides them through four steps: what they do today; expectations from stakeholders; focus areas going forward; and performance. The tool is in Danish and is free to use for all companies.
A good starting point for working with ESG
At the companies Nordic Computer and Procudan, working with ESG and sustainability is also nothing new and something they have been working on for several years.
Both companies have been testing ESG Profilen and they both emphasise that the tool gives a good overview, particularly for firms just beginning on their ESG journey.
“It is without doubt a great tool that I imagine we could have benefited from when we started to look into this area and measuring our CO2 footprint two years ago," Lars Juhl Frandsen from Nordic Computer said.
“I think that if you are a small company, who has never been working with ESG before, it can be a good to-do list tool. It gives a very good overview of the efforts you make,” Lene Andreasen from Procudan said.
It is important to point out that the tool is particularly aimed at SMEs that are in the very early stage of working with ESG and reporting on their efforts. The tool offers a helping hand for these companies to get started or to continue working with ESG, while at the same time making the companies more aware of what they are already doing and where they need to make further efforts.