ESG strategy and implementation

Helping organizations begin or move forward on their sustainability journeys.

A well-defined strategy propels an organization’s sustainability journey. We help you develop a tailored, achievable sustainability and ESG1 strategy, from design and implementation to reporting and assurance. We can also guide you in integrating this strategy into your organizational culture and broader governance.  

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  • sustainability/ESG strategy integrates social, environmental and economic considerations into an organization’s operations and business plan. The goal is to create long-term value for the organization and have a positive impact on people, the economy and the planet.  
  • Organizational culture is key to the successful execution of a sustainability strategy (and overall strategic plan). The board of directors and executive management are accountable for an organization’s culture, which must be aligned with its people and values and be effectively communicated (Cultural Compass). 
  • Governance is needed to oversee the sustainability strategy’s design and execution (Guide for Leadership). A company’s governance manages its impact on the environment, on people and the economy, and should also ensure the sustainability strategy is aligned with the organizational culture. 

 

ESG Graphic - ESG Strategy

Mazars can help you:

  • Identify and manage the ESG material topics with the biggest impact on your business and stakeholders, based on sustainability standards and frameworks (e.g., TCFD, ISSB, GRI, SDGs).
  • Develop a strategy based on key sustainability risks (e.g., physical, reputational) and opportunities (e.g., efficiencies, talent attraction and retention).
  • Conduct a stakeholder analysis, manage KPIs, enact ESG initiatives and targets.
  • Embed sustainability in your governance and corporate culture, aligned with your broader corporate mandate

ESG strategy formulation 

An effective ESG strategy needs to be integrated into your wider business and mission of creating long-term value for your organization and your stakeholders, while caring for people, planet and sustainable profit.

We can assist clients in managing the complexities of ESG, based on a five-step approach:

ESG Five Key Areas

More in our Practical Guide for Leadership (below).

At Mazars, we have the expertise to help you connect the dots and design a customized ESG strategy that ensures regulatory compliance, meets stakeholder expectations, facilitates execution and showcases your commitment to sustainability.

ESG implementation and transformation

ESG Graphic - ESG Implementation

          

One of the biggest challenges that companies face today is embedding sustainability in every facet of their business. By implementing a sound ESG strategy, companies can embark on a transformative path toward economic growth and resilience.

Sustainability is a business investment. An ESG strategy helps organizations be more nimble, adaptable, innovative, and proactive in the face of unanticipated social, economic, and environmental incidents. A commitment to ESG, which can enable company transformation, requires a customized strategy that is rooted in leadership and organizational buy-in.

        

More and more organizations are adopting sustainability strategies as part of their operations and overall strategic management, addressing various ESG factors that include, but are not limited to:

ESG Graphics - Responsible business

ESG: Where are you on the journey?

As environmental, social and governance (ESG) issues rise in global importance and increasingly dominate the business narrative, the Mazars report ESG: Where are you on the journey? sets out choices and pathways for companies of all sizes and sectors as they look to embark on the transition to a more sustainable business model.

Our report looks at key insights from business leaders around the world, along with guidance from our sector specialists, to support you to navigate through challenges and capture opportunities.

         

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ESG Report: where are you on the journey cover

[1] Used Interchangeably. Sustainability comprises three pillars: social, economic, and environmental. ESG is a private sector-led framework for managing sustainability, including a company’s governance.