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Shaping your future as a responsible business
Sustainability is emerging as a source of competitive advantage. For organizations to gain this advantage, it is important to shift towards a focus on long term value. This offers leverage for a step forward. Deloitte can help you attain insight in your strategic non-financial topics and become a purpose driven organization.
The risk and opportunity sustainability offers is a top-of-mind issue across the C-suite. Affecting your strategic, compliance and reputational agenda, successfully exploring opportunities that are connected to occurring sustainability risks and opportunities is therefore key. The challenge is to approach this in an effective manner, since the opportunities can offer real long term value creation when financial and non-financial capitals are taken into account.
Climate change poses risks and opportunities for all organizations across all industries. Understanding what physical, transition and liability risks are and being able to quantify them is essential to mitigate and adapt—not only for an organization’s continuity, but also for external stakeholders, including investors and regulatory bodies. But where to start?
Awareness and Education
Deloitte Greenhouse lab: An one-day workshop at the Deloitte Greenhouse that will help to put climate change in context. What is the corporate responsibility to
address climate change? How does good climate-governance lead to new opportunities? How to set challenging and achievable science-based emission reduction targets? How to build and use scenarios of climate change and quantify their impact on business models?
Strategy and activation
Risk Assessment and Modelling: end-to-end support for assessing the risks and
opportunities for an organization’s business model/value chain arising from a
range of climate change scenarios and decarbonization pathways. Services
include: risk identification, scenario building, modelling and risk quantification, as well as integration within broader Enterprise Risk Management frameworks.
TCFD gap analysis: we have extensive experience of supporting clients report against recognized frameworks, such as TCFD, in a manner which demonstrates competent management of climate risk and opportunities to investors and other stakeholders. Senior leadership at Deloitte partakes as a member at the TCFD in the Financial Stability Board.
Next to those three main areas we also provide other sustainability-related services, for example on circular economy, responsible supply chain (e.g. ecosystem related issues with climate change or supply chain resilience), implementation of the SDGs and assurance and reporting of covid-19 responses to stakeholders. We help businesses with developing circular business models to support the transition towards a low-carbon economy, with increasing responsibility throughout the whole value chain and with translating the SDGs into strategic pillars in order to create long-term value.
In each of the services listed above, we combine our in-depth knowledge of non-financial topics, internal and external reporting and regulatory measures with an integral organizational approach. We bring added value by translating strategy and regulation into efficient and effective implementation in the organization. Our industry expertise and international network ensures that we can tailor-make solutions to complex challenges both on a national and an international scale and for your type of organization.
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Insights on responsible business podcast