nature2world
process
We advise on the implementation of ESG policies, support reporting, compliance and up- & downstream due diligence with a special focus on China and Southeast Asia.
Process
The net-zero transition will trigger he largest transformation of the industrial sector since the beginning of the Industrial Revolution. Decarbonizing operations and product offerings present manufacturing companies with the most significant opportunity in a generation. Still, decarbonization is a difficult transformation, especially Scope 3. The costs for scaling climate technologies and building new capabilities can be high. Start-ups have become early leaders in decarbonization (renewable energy, electric vehicles, and disruptive biomaterials, for example). Start-ups often have a higher tolerance for risk-taking and the ability to operate at faster speeds with agility.
ENVIRONMENTAL
The "Environmental" aspect focuses on a company's impact on the natural world. It assesses how a company manages and mitigates its environmental risks, and how it contributes to environmental sustainability. Key environmental factors include carbon footprint, energy efficiency, waste management, resource conservation, pollution control, and adherence to environmental regulations.
SOCIAL
The "Social" aspect of ESG looks at how a company interacts with and affects its employees, communities, and society at large. It encompasses topics like labor practices, employee diversity and inclusion, human rights, community engagement, and product safety - within the own company, upstream and downstream. Companies with social ESG practices are committed to treating their employees and stakeholders ethically and responsibly.
GOVERNANCE
Governance relates to the company's management structure, internal controls, and overall business ethics. It covers aspects like corporate governance, executive compensation, board diversity, and transparency in financial reporting. Effective governance helps ensure that a company is well-managed, transparent, and accountable to its shareholders and stakeholders.