Professional services in Environmental, Social, and Governance (ESG) for corporations aiming to contribute to the United Nations Sustainable Development Goals (SDGs) involve specialized consulting services that help businesses align their operations, strategies, and sustainability efforts with the global agenda for sustainable development. The SDGs are a collection of 17 interlinked global goals designed to be a “blueprint to achieve a better and more sustainable future for all” by 2030. By doing so, companies can play a vital role in addressing the challenges while achieving business success and creating long-term value for both society and shareholders. Here’s how professional services can assist corporations in contributing to the SDGs through ESG initiatives:ESG Strategy Development & Alignment with SDGs.
• Environmental (E): Carbon Footprint, Energy Efficiency, Waste Management,
• Biodiversity Conservation
• Social (S): Labor Practices, Human Rights: Community Engagement, Health and Safety
• Governance (G): Board Structure & Independence, Executive Compensation; Anti-Corruption Policies, Stakeholders Rights
• Sustainable Investing & Finance: ESG Investment Strategies, Green Finance, Sustainable Bonds
• ESG Reporting & Disclosures: Sustainability Reports, Integrated Reporting, Stakeholder Engagement
• ESG Risk Management: Identifying Risks, Integration with Enterprise Risk Management
• ESG Standards & Frameworks: Adherence to Standards [Global Reporting Initiative (GRI), Task Force on Climate-related Financial Disclosures (TCFD), and
• Sustainability Accounting Standards Board (SASB)], Certifications from professional bodies
• ESG Consultancy & Advisory Services: Strategic Guidance, Assessment & Benchmarking