ESG Advisory Services 

Sustainability Solutions: 

Implement the right strategies to establish your ESG KPIs, measure performance, set goals, and build decarbonization roadmaps.  

Decarbonization Strategy

Development and support in meeting global decarbonization targets through tailored strategies that consider both macro and microeconomic transformations

ESG Strategy, Goals, and KPIs

Development and support in formulating sustainability management systems and strategies, enhancing stakeholder engagement, and establishing KPIs for monitoring progress

EcoVadis Certification

Guarantee on EcoVadis score improvement strategy

CDP Certification

Support on CDP assessment and score improvement strategy

SBTi Commitment

Support in committing to SBTi and developing strategies to meet the commitment

ESG Ratings Assistance

Aligning ESG policies and disclosures as per DJSI/MSCI/Sustainalytics ratings

ESG Training

Strengthen ESG knowledge base across your organizational workforce, and your suppliers.

ESG Topics Training for Employees

Training on Human Rights, Business Ethics, Anti-corruption/Bribery, and Introduction to ESG.

ESG Training for Leadership Team

Training on the evolution of ESG, the Board’s role in ESG adoption, leveraging Sustainability-Linked Finance, and ensuring Supply Chain Sustainability.

In-depth
Trainings

For sustainability teams covering the ESG landscape (Reporting, frameworks, and ratings), scope 3 accounting, BRSR, CDP, TCFD, GRI, and cracking ESG ratings of DJSI, MSCI, and EcoVadis.

Training for Supply Chain Partners

Providing ESG adoption basics, emphasizing the importance of governance, human rights, employee health and safety, and carbon accounting.

Reporting Assistance

Be report ready with assistance in choosing, and approach to report across various frameworks.

Guidance of ESG Reporting Framework

Providing guidance on which ESG framework would be suitable based on the stakeholder requirements.

Materiality Assessment and Stakeholder

Identify priority material topics based on peer analysis and ESG ratings requirement and engage stakeholders to create materiality map

Gap Analysis and Peer Benchmarking

Identify gaps in ESG related data, policies and initiatives. Providing comparison with global and local peers.

Policy Advisor

Gap analysis of existing policies as per ESG disclosures and ratings requirements and modifying the policies and creating new policies wherever needed

Outsourced Sustainability Team

Identify gaps in ESG related data, policies and initiatives. Providing comparison with global and local peers.

Sustainable Supply Chain

Ensure the right mechanisms are in place to advance sustainability across your supply chain through our established processes:

Scope 3 Accounting

Comprehensive accounting of Scope 3 emissions across the value chain, considering all 15 categories, with access to an up-to-date emission factors database.

Supply Chain Risk Assessments

Customizes assessments designed for suppliers to evaluate physical and transitional risks based on geography, size, scale and type of business.

Supply Chain Benchmarking

Evaluation of supplier’s ESG performance, uncovering gaps and risks using our digital platform.

Supply Chain Assessments

Comprehensive assessments across all your organization’s material topics like emissions, water management, waste management, employee health and safety, human rights, governance policies and practices.

Climate Risk Advisory

Lead sustainable change through future-looking assessments and implement the right strategies to mitigate adverse operational, or financial impacts.

Climate Risk Assessment

Physical Risks: Analyze the potential impacts of climate-related events (e.g. floods, heatwaves, storms) on assets, supply chain, and operations using historical data, climate models, and predictive analytics.

Transitional Risks: Evaluate risks related to policy changes, regulatory developments, and market shifts as companies transition to a low-carbon economy.

Scenario Analysis

Develop future climate scenarios (e.g. 1.5C, pathways) to assess how different climate futures might affect business continuity, revenues and supply chains

Risk Mitigation and Adaptation Strategy

Mitigation: Identify opportunities to reduce climate-related risks through emissions reductions, energy efficiency programs, and investments in renewable energy.

Adaptation: Develop strategies to improve resilience, such as infrastructure upgrades, diversifying supply chains, and enhancing business continuity plans.

Financial Impact Analysis

Assess the financial implications of climate risk on business operations, including potential losses, increased costs, and changes in insurance premiums.

FAQs

Decarbonisation refers to the process of reducing or eliminating carbon dioxide (CO2) emissions and other greenhouse gases from various sectors of the economy. This effort is crucial in combating climate change and achieving global temperature targets, particularly the goal to limit warming to 1.5°C above pre-industrial levels. 

Many companies aim to reach net zero emissions by 2050, which means balancing the amount of greenhouse gases emitted with an equivalent amount removed from the atmosphere.

The Science-Based Targets initiative (SBTi) is a global organisation that empowers companies and financial institutions to set greenhouse gas (GHG) emissions reduction targets that are aligned with the latest climate science. 

By providing a common framework, it helps to reduce confusion and accusations of greenwashing, ensuring that companies’ climate commitments are credible and transparent.

As of 2023, over 4,000 companies and financial institutions have committed to setting science-based targets, demonstrating leadership in climate action and contributing to the global effort to mitigate climate change.

The Carbon Border Adjustment Mechanism (CBAM) is a carbon tariff introduced by the European Union to put a fair price on the carbon emitted during the production of carbon-intensive goods imported into the EU. 

Its primary objective is to address the issue of carbon leakage, where EU manufacturers move carbon-intensive production to countries with less stringent climate policies. potentially leading to an overall increase in emissions.

  1. Scope 1 emissions are the direct GHG emissions that occur from sources owned or controlled by the company. Examples: Fuel combustion.
  2. Scope 2 emissions are indirect GHG emissions associated with the generation of purchased energy. Examples: Electricity
  3. Scope 3 emissions encompass all other indirect emissions that occur in a company’s value chain, both upstream and downstream, and are often the largest share of a company’s total emissions. Examples:
  • Upstream examples: production of purchased goods and services, employee commuting, and waste disposal.
  • Downstream examples: emissions from the use of sold products and transportation of products to customers.

EcoVadis is a globally recognized assessment platform that evaluates and rates the sustainability performance of businesses across various industries. Founded in 2007, EcoVadis focuses on four key categories: environmental impact, labour and human rights, ethics, and sustainable procurement practices. 

The platform provides companies with a score ranging from zero to 100 based on a comprehensive assessment that includes self-reported data and external verification by sustainability experts. With over 130,000 companies rated in more than 180 countries, EcoVadis serves as a critical tool for organisations seeking to manage ESG risks, comply with regulations, and enhance their corporate sustainability strategies. 

Its assessments help businesses benchmark their sustainability performance against industry peers and drive improvements throughout their supply chains, ultimately promoting responsible and ethical business practices.

Learn more about SHI Locuz’s ESG Advisory Services and how we can help your organization develop and implement effective ESG strategies, reporting, and risk management solutions.