Strategic Focus: How Consulting Services Support ESG-Aligned Social Performance
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Executive Summary
Social performance is increasingly considered key to a firm’s ESG and sustainability practices. Corporates must take into account macro-level drivers that incentivize them to engage more with matters such as diversity, equity and inclusion (DEI), supply chain due diligence, talent attraction and retention, and inclusive leadership. Consultants offer a range of sustainability services specifically focused on the social performance and delivery of firms. In addition to detailing the challenges corporates must address and why, this report considers some of the key solutions firms should seek from service providers to develop their social strategy, performance and sustainability agendas.
Table of contents
Consulting Services Provide Corporates With Strategies To Measure, Manage And Improve Social ImpactSocial Impact Is Growing As A Key Tenet Of Sustainability Agendas
Key Pain Points Can Stagnate Progress
Consulting Services Make Social Performance Improvements Achievable
Table of figures
Figure 1. European Sustainability Reporting Standards Social RequirementsFigure 2. Social-Related Reporting Requirements Driving Corporate Action
Figure 3. Pressure Points For Firms Trying To Establish Best Social Practice
Figure 4. Key Characteristics Of CSR And ESG
Figure 5. Steps To Achieving Social Performance Improvements
Organisations mentioned
AECOM, Arcadis, BCG, Danone, Deloitte, ERM, European Financial Reporting Advisory Group (EFRAG), EY, Intel, J.S. Held, KeyBank, Korn Ferry, KPMG, McDonald’s, Merlys, Picterra, PwC, Qualtrics, Ramboll, Refinitiv, RepRisk, RWE Windpower Netherlands (now RWE Renewables Benelux), Siemens, Starbucks, TSC, US Equal Employment Opportunity Commission (EEOC), Willis Towers Watson (WTW), WSPAbout the authors
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