Strategic Focus: How Consulting Services Support ESG-Aligned Social Performance
03 Apr, 2023
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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.
Consulting Services Provide Corporates With Strategies To Measure, Manage And Improve Social Impact
Social Impact Is Growing As A Key Tenet Of Sustainability Agendas
Key Pain Points Can Stagnate Progress
Consulting Services Make Social Performance Improvements Achievable
Social Impact Is Growing As A Key Tenet Of Sustainability Agendas
Key Pain Points Can Stagnate Progress
Consulting Services Make Social Performance Improvements Achievable
Figure 1. European Sustainability Reporting Standards Social Requirements
Figure 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
Figure 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
Qualtrics, Refinitiv, McDonald’s, EY, Ramboll, KPMG, European Financial Reporting Advisory Group (EFRAG), Intel, RWE Windpower Netherlands (now RWE Renewables Benelux), RepRisk, KeyBank, Willis Towers Watson (WTW), WSP, Starbucks, Arcadis, ERM, Picterra, BCG, Korn Ferry, Danone, J.S. Held, Merlys, US Equal Employment Opportunity Commission (EEOC), Siemens, AECOM, TSC, Deloitte, PwC
About the Authors
Guy Lewis
Industry Analyst
Guy is an Industry Analyst in the Verdantix ESG & Sustainability practice. He currently leads research on circular economy software and services and supports research acro…
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Kim Knickle
Research Director
Kim Knickle is a Research Director at Verdantix, bringing more than two decades of analyst experience to the evolving world of sustainability. Her current research spans ESG a…
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