Sustainability Strategy, Risk Assessment, Reporting and Assurance

Transforming risks into opportunities

Managing sustainability-related risks and transforming them into opportunities allows organisations to achieve their corporate objectives, directly related to revenue, brand equity, operations, risk management, and corporate social responsibility.

Hence, at Deloitte, we work with our clients to:

  • Facilitate the application of ‘integrated thinking’ within their organisations, to achieve strategic objectives and communicate corporate performance through integrated reporting. Integrated reporting requires the consideration of dependence and impact on a broader set of capitals beyond financial and manufactured capitals, to include natural, human, social and relationship, and intellectual capitals
  • Identifying and incorporating economic, environmental and social (ESS) criteria into their investment decisions to enable more effective management and valuation of natural capital and ecosystem services and to drive tangible economic value and more positive environmental and societal impact in the financial sector
  • Advancing the sustainability agenda of organisations through stakeholder engagements and assessments, including engagement measurement and design services, in order to achieve performance objectives and demonstrate accountability to the market
  • Increasing the credibility and reliability of sustainability disclosures by providing both internal and external assurance on sustainability reports, greenhouse gas (GHG) statements, and other forms of non-financial information
  • Reporting in compliance with the existing GRI standards and UNGC principles for organisations to communicate their sustainability performance effectively and gain global recognition on sustainability achievements

Sustainability, which encompasses environmental, social, and governance (ESG) issues, is increasingly positioned at the top of board agendas as expectations of investors around ESG continue to increase. Investors also continue to reinforce their belief that ESG factors provide critical insight into how the company is driving and protecting value, but in the absence of effective disclosure, they cannot price that risk effectively. Against this backdrop, directors have a critical role to play.