RESPONSIBLE MANAGEMENT
CORPORATE POLICIES
The implementation of appropriate corporate policies is critical for organisations to be able to respond to the growing demands of customers, financiers, and business partners. Companies need to develop and implement policies that underpin and assist the defined sustainability goals and targets. Some of these corporate policies may be:
- Sustainability Policies;
- Environmental Policies;
- Human Rights Policies;
- Gender Equality Policies;
- Work-Life Balance Policies;
- Diversity and Inclusion Policies;
- Responsible Investment Policies;
- Sustainable Procurement Policies;
- Anti-Corruption and Bribery Policies;
- Codes of Ethics.
Sustainability Policies should be at the heart of corporate policy in all organisations. Other policies are developed according to the needs, specificities, and strategic and operational needs of organisations.
Waste, Water and Energy
Even if you don’t produce a product, you certainly create some waste. Develop a policy that recognizes the need to reduce the waste you create.
Water is scarce, and it is a valuable resource.
Create a policy that aims to monitor and reduce water consumption.
Your energy consumption can also be reduced.
Find out what you can do to save energy. A corporate policy helps change behavior.
Which policies do you already have in your organisation? Which ones could you develop?
Environment
- Climate Change
- Biodiversity
- Energy Efficiency
- Water Efficiency
- Waste Management
- Greenhouse Gas Emissions Offsetting
- Pollution Mitigation
Social
- Human Rights
- Decent Work Conditions
- Value Chain
- Impact on the Community
- Health and Safety
- Diversity and Inclusion
- Work-life Balance
Governance
- Business Ethics
- Corruption and Bribery
- Transparency and Conflict of interests
- Stakeholder Relations
- Responsible Investment
GREEN PROCUREMENT
In evaluating your Green Procurement practices, we go beyond compliance with laws, environmental targets, and the disposal of hazardous materials. We evaluate the supply chain to ensure that the products and services you purchase have the lowest possible environmental impact and the greatest possible social impact.
We improve the impact of your procurement by:
- Incorporating sustainability criteria in the organisation’s procurement processes;
- Developing green/ ecological/ sustainable purchasing policies;
- Developing action plans to minimize negative externalities;
- Supporting the process of obtaining eco-certificates/labels;
- Developing monitoring mechanisms for suppliers;
- Raising awareness on green procurement solutions;
- Providing feedback on green procurement policy and regulation.
We help organisations to deal with procurement procedures gradually, assisting them in the implementation of Sustainable Procurement models that promote the adoption of environmental, social and economic factors.
ESG INDEXES
We support companies to be listed in several sustainability indexes (DJSI, FTSE4Good, Vigeo EIRIS, MSCI, among others), and in obtaining an ESG Rating to subsequently be able to issue green bonds or obtain green loans.
ESG Ratings, whose methods and indicators vary among rating agencies, reflect a company’s resilience to environmental, social, and governance risks in the medium- and long-term.
Nowadays, it is not only listed companies that seek to obtain an ESG rating. SMEs seeking innovative financing (investment funds, private equity, and even banks) aspire to have an ESG Rating that attests their commitment and the sustainability of their practices.
Systemic helps your organisation to meet the requirements demanded by Rating agencies. We help you in the implementation and monitoring of the information required by the implemented measures, and KPIs that you need to disclose over time.
ESG DUE DILIGENCE
We build ESG questionnaires and due diligence forms, considering the specificities, objectives, and the business ecosystem.
Conducting an ESG Due Diligence process on an SME is naturally quite different from conducting this process in a large company. Due diligence processes must consider the size, sector, level of maturity in sustainability issues, and geographical location of the organisation.
Do you want to start your ESG due diligence today?
Three essential factors you should know about ESG Due Diligence.
What is the purpose? To understand the risk profile and exposure to environmental, social and governance risks in order to minimize financial risk.
What is its value added? Enables you to make an informed decision on the relevance, significance, and nature of ESG impacts.
Why companies should conduct an ESG Due Diligence? It identifies gaps with respect to applicable laws and regulations, and environmental, social and governance (ESG) expectations. In addition, it allows you to identify specific ESG opportunities.
EUROPEAN REGULATORY AGENDA
The growing awareness of sustainability issues has been followed by strong regulatory intervention, particularly in the European Union. With over 20 years of experience in the area, our team of experts understands current regulation and is able to anticipate its trends.
Thus:
- We help responding to the latest sustainability legislation, including the EU Taxonomy, the SFDR Regulation, and the CSRD Directive, among other upcoming regulations, for example, in the areas of governance and labels;
- We help organisations to anticipate future regulatory interventions, and prepare them for these changes in a timely manner.
We help, in a pragmatic way:
- Micro Enterprises and SME´s investors to respond to the set of KPIs that the SFDR Regulation requests. It is expected that these same KPI’s will also have to be reported by the baking sector. To this end, we prepare tailor-made reporting templates for each company, training employees on how to complete them;
- Investment funds to disclose how their investments are aligned with the SFDR Regulation, and the EU Taxonomy;
- Banks to incorporate ESG issues into their risk analysis, policies, and pricing of their products;
- Companies and financial institutions to report on their corporate sustainability goals, and targets.
SFDR REGULATION
Sets out how financial market participants must disclose sustainability information to end investors and asset owners.
This regulation took effect on March 10, 2021, and since financial institutions are asked to publish policies related to the integration of sustainability risks. To meet these requirements, financial market participants need specific information from companies, such as quantitative and qualitative ESG indicators.
CORPORATE SUSTAINABILITY REPORTING DIRECTIVE (CSRD)
Under the CSRD, listed companies, banks, and insurance companies with more than 500 employees have to provide, every year, information on: environmental, employment and social, human rights, anti-corruption and bribery issues in their non-financial statements. The first draft is to be prepared by the European Financial Reporting Advisory Group (ERFRAG), with input from stakeholders, presumably by mid-2022.
EU TAXONOMY
Defines what environmentally sustainable activities are. Social criteria is expected to be defined until the end of 2021. The Delegated Act of the Taxonomy Regulation under Article 8 has already been published and identifies how companies and financial institutions will have to report their alignment with the Taxonomy, as early as 2022.
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