Robust sustainability reporting processes are fundamental to transparency, accountability, stakeholder communication and disclosure which leads to sustainable management. Effective communication strategies play a key role in reframing organisational cultures, establishing trust and enhancing collaborations.
We create sustainability communication strategies within and amongst organisations and society and support sustainability reporting processes.
Consultivo in sustainability reporting
Consultivo can assist you throughout the different stages of sustainability reporting initiative namely from the strategic analysis to the reporting and disclosure of the information presented to the various stakeholders of your organisation.
We can help you build a step-by-step approach towards sustainability reporting using the different levels of detail and sophistication of reports provided by international bodies such as the Global Report Initiative (GRI), Dow Jones Sustainability Index (DJSI), Business Responsibility Reporting (BRR) etc. Our services include:
Development of sustainability vision, strategy, policy and objectives
Consultivo helps an organisation to disclose their corporate responsibility and sustainability performance to investors, employees, communities, and other stakeholders through measuring, monitoring and analysing sustainability performance and report development.
Consultivo sustainability internal assurance service offering is an objective activity designed to add value and improve an organisation’s environmental, social, and governance initiatives.
Sustainability reporting evaluation service includes a gap assessment of the existing report against global standards, best practices and stakeholders’ expectations and providing recommendations to improve report structures, content, processes and management systems.
Consultivo offers in-house and public training courses on the Sustainability Reporting Practices. The objective is to support organisations on enhancing the transparency and comparability of their sustainability performance based on different international sustainability standards/guidelines like GRI G4.
WHAT MATTERS A LOT!
The 2 driving forces for ensuring a sustainable business.
Companies are under constant scrutiny by numerous stakeholders on various aspects of their performance. Some of them are already informing stakeholders about their sustainable strategy and performance.
Non-financial aspects of corporate performance are key differentiators among competitors and finding a structured way to present this information is becoming a top priority for most of the companies.
What differentiates us?
Consultivo’s specialisation in providing clients with Sustainability-related service offerings comes based on its high level of experience and thought leadership, both within the Indian context and global standards and practices.
Our focus is on providing our clients with service offerings that are tailored to your requirements based on the demography, sector, and company specific issues.
The principles, standards, guidelines, methodologies and tools used to provide these services are globally accepted, tested over time, and are updated on a continual stakeholder feedback process.
Our specialised resources have been leading the way to safer workplaces for more than 500 organisations/units since 2009.
Steps for development of a Sustainability Strategy
- Discussion with the management team to find out company’s vision towards sustainability
- Identification of stakeholders
- Define and prioritise material issues – materiality assessment
- Define sustainability strategy and sustainability framework
- Identification of goals and targets
- Develop a roadmap for achieving these goals
Steps for development of a Sustainability Report
- Develop or assist with closing the gaps in your sustainability strategy, policy, framework or guideline
- Identify, prioritise or engage with your stakeholders
- Perform materiality assessment
- Advise on how to close the gaps in your sustainability data measurement and monitoring processes, systems and procedures
- Develop integrated and/or sustainability reporting frameworks
- Compile integrated and/or sustainability reports
- Perform pre- readiness audits of your sustainability information
- Audit (internal) your sustainability information disclosed in your integrated and/or sustainability reports
Frequently Asked Questions
Q1. Can an organisation link GRI G4 reporting with SEBI BRR Framework?
A: Yes. The GRI Standards relate to many other reporting frameworks and sustainability initiatives including SEBI BRR Framework. GRI’s linkage documents are designed to highlight these connections and enable organisations to fulfill multiple reporting requirements.
The information collected for these disclosures allows companies to create a sustainability report based on the GRI Standards at the same time as complying with the SEBI BRR Framework, without duplicating effort.
Q2. Can any organisation publish a report based on the G4 Guidelines?
A: Reports published on or after 1 July 2018 are required to use the GRI Standards. If a report is published after this time that is not prepared using the GRI Standards, it will not be considered as a GRI-based report.