ESG Services in India

We provide end-to-end support in integrating ESG with your business operations through ESG consulting, reporting, and assurance services.

To know more about our

ESG Services

ESG Services in India

We provide end-to-end support in integrating ESG with your business operations through ESG consulting, reporting, and assurance services.

To know more about our

ESG Services

With environmental, social, and governance (ESG) integration becoming critical in the fast-growing economy of India, ESG frameworks are enabling the government, investors, and enterprises to support and build a sustainable business economy. ESG consultants in India are adapting to the ever-evolving framework of ESG reporting to meet the criteria consistently and adequately. The rise of ESG investing in India is driving the incorporation of sustainability reporting. Through informed decision-making and bespoke sustainability consulting, enterprises can venture into the acclaimed ESG benchmarks to safeguard the environment and build ethical business practices.

Focus on ESG Topics Is Rising Exponentially

In the past, a company’s performance was judged solely based on its annual financial performance/reporting. Today, the demand for ESG performance has become an increasingly critical component based on which companies of all sizes are being evaluated. Companies are being assessed not just by investors but also by regulators, customers, clients, employees, and other relevant stakeholders. Businesses globally and in India are being held accountable for their environmental, social, and governance factors. Organizations are realizing that if ESG risks are not identified and assessed, these could pose a significant threat to operations and profits and have a negative impact on valuation and reputation.

Focus on ESG Topics Is Rising Exponentially

Drivers of ESG Adoption by Corporates in India

There are several drivers influencing ESG adoption by corporates in India:

Regulatory Requirements

SEBI (Securities and Exchange Board of India) recently made it mandatory for the top 1000 listed entities by market cap to report based on the BRSR (Business Responsibility and Sustainability Reporting) framework from FY2022-2023 replacing the BRR (Business Responsibility Reporting) framework. It is expected that ESG regulatory requirements will only increase in the coming years as more companies will be included under the regulatory purview of ESG reporting in India.

Investor Demand

Investors want to know where their money is being invested and if climate-related risks are being considered in their investments. Assessing ESG solutions and the performance of prospective portfolio companies is no longer just a risk mitigation exercise for asset managers but is becoming essential for value creation and value protection.

Consumers Behavior

ESG companies in India, like their global counterparts are seeing a shift in consumer behavior, with newer generations of conscientious consumers seeking more environmentally and socially responsible products and services. Companies need to respond to this shift in consumer behavior to stay viable in the long term.

Employee Preferences

ESG reporting in India is also becoming an important consideration for companies to attract and retain top talent as employees feel the need to be a part of an organization that conforms to their own ESG values.

Regulatory Requirements

Investor Demand

Consumers Behavior

Employee Preferences

As ESG solutions have become a key focus point, organizations must integrate ESG to attract investors, build trust with stakeholders, improve reputation, and retain talent. As capital flows, regulations, and consumer behavior will continue to drive ESG reporting in India and across the globe, ESG services need to become an integral part of a company’s DNA.

Heading the ESG Reporting Landscape in India

SG Analytics (SGA), one of the leading global ESG consulting firms, provides holistic and bespoke ESG solutions addressing the challenges faced by corporates.

We assist our clients in navigating through the complexities of the ESG arena

SGA’s customized ESG solutions help clients focus on improving their ESG performance by providing end-to-end support, thereby driving resilience to ensure business continuity. SGA has helped organizations in not only improving the quality of their strategic decisions but also developing and enhancing their ESG reporting based on locally and globally accepted ESG standards and frameworks such as BRSR, GRI (Global Reporting Initiative), SASB (Sustainable Accounting Standards Board), IR (Integrated Reporting), TCFD (Taskforce on Climate-related Financial Disclosures), CDP (Carbon Disclosure Project), and UN SDGs (United Nations Sustainable Development Goals).

Why Choose SG Analytics for ESG Solution and Services?

Our corporate ESG consulting solutions are arranged into five groups depending on where organizations are currently positioned in their ESG journey.

1. ASSESS 2. MEASURE 3. STRATEGIZE 4. REPORT 5. VERIFY

Assess

Materiality Assessment:

Identify and assess relevant ESG topics affecting the company’s business performance and its stakeholders

As-Is Assessment:

Gauge the current ESG performance assessment of the company with respect to existing policies and programs and availability of data for key ESG metrics

MEASURE

Maturity Analysis:

Analyze gaps in terms of ESG services, alignment with existing standards, and preparedness for upcoming regulations

Peer Benchmarking:

Understand the company’s ESG performance and its market position in comparison to peers and identify industry best practices

Greenhouse Gas Accounting:

Quantify the total greenhouse gas (GHG) emissions directly or indirectly from organizational activities

STRATEGIZE

Strategy and Roadmap Development:

Formulate an approach to improve ESG performance by setting goals and targets, developing initiatives to achieve the same, and monitoring progress

REPORT

ESG Reporting and Disclosures:

Communicate ESG strategy, goals, initiatives, and metrics to relevant stakeholders aligned with global and local standards and ESG reporting frameworks such as BRSR, GRI, SASB, IR, etc.

VERIFY

Assurance:

Confirm completeness, accuracy, and consistency of data on reported ESG metrics, targets, and ESG disclosures based on globally accepted AA1000 Assurance Standard

As an ESG consulting firm, SG Analytics provides a one-stop solution for your corporate ESG management goals, whether the requirements necessitate integrating ESG into your decision-making process and business operations or developing ESG frameworks aligned with global standards such as GRI and locally mandated regulations such as BRSR. Future proof your organization while boosting revenues, positively impacting society, and conserving our planet.

Case Study

How We Developed a Sustainability Report & Captured the Environmental Footprint...

The client published their integrated report in the last financial year and wanted to improve their sustainability performance...

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