sustainability insights
Sustainability insights involve identifying and prioritising the most relevant and pressing sustainability issues for your business. With an understanding of these issues, together we can form a plan of how to respond effectively.
The process can involve a number of actions, including:
By gaining clear insights into your sustainability landscape, you can develop a well-informed, targeted, long-term strategy that maximises your positive impact and minimises your risks.
Our approach ensures that the insights we provide are tailored to your unique business context, enabling you to make confident decisions and drive meaningful change.
​
why do you need to gain sustainability insights?
Gaining sustainability insights helps businesses stay ahead of the curve in an increasingly competitive and sustainability-conscious market. By understanding the most pressing issues relevant to your business and industry, you can:
​
-
Identify potential risks and opportunities environmental, social and governance issues present to your business
-
Prioritise your sustainability efforts on the issues most material to your business
-
Develop a targeted, effective sustainability strategy that responds to these issues
-
Enhance your reputation by demonstrating your commitment to sustainability to customers, investors, employees and other key stakeholders.
-
Ensuring your business stays compliant with the ever evolving regulatory landscape to avoid potential financial risks.
​
By investing in sustainability insights, you lay the foundation for a resilient, future-proof business that is well-positioned to thrive in a rapidly changing world.
our process to sustainability insights
At BayNel, our process for gaining sustainability insights is tailored to the unique needs of each client. We begin by identifying the key ESG issues relevant to your business and industry, followed by a comprehensive stakeholder engagement process to gather valuable input from both internal and external stakeholders.
​
-
Stakeholder Engagement
We conduct surveys, interviews and focus groups to understand the perspectives and concerns of your key stakeholders, such as employees, customers and community members. This helps us identify the sustainability issues that matter most to them, which can then inform the overall plan.
​
-
Sector Analysis & Peer Review
We perform an in-depth analysis of your industry, using our bespoke scoring system to assess the performance across a range of material sustainability issues. This review highlights areas where your industry is placing a high focus, as well as potential leadership opportunities for your business.
​
-
Regulatory and Non-Regulatory Review
We evaluate the current and upcoming regulatory landscape, as well as non-regulatory disclosure frameworks, to ensure that your sustainability strategy is compliant and aligned with best practices.
​
-
Materiality Assessment
Using the insights gathered from stakeholder engagement and sector analysis, we conduct a materiality assessment to evaluate the relative importance of different sustainability issues. This assessment establishes the business case for setting strategic targets and actions in certain areas, whilst clarifying the ESG issues that are less urgent to address.
​
The precise approach we take depends on the type of materiality assessment being conducted and the business involved. The end result is a set of materiality insights and a strategic framework that guides your sustainability efforts.
​
how can we help you with sustainability insights?
It’s our goal to help businesses like yours gain the sustainability insights needed to drive meaningful change and create long-term value. Our experienced team with over 30 years of industry experience will work closely with you to:
​
-
Identify the most material sustainability issues for your business
-
Engage with your key stakeholders to gather valuable input and perspectives
-
Conduct a comprehensive sector analysis and peer review to benchmark your performance
-
Evaluate the regulatory and non-regulatory landscape to ensure compliance and alignment with best practices
-
Develop a customised materiality assessment and strategic framework to guide your sustainability efforts
​
Ready to gain the insights you need to take your sustainability performance to the next level? Contact us today to learn how we can help you achieve your goals and long-term success.
contact
other sustainability services we can help you with ​​
our clients
