Would you like to assess your company or fund’s level of ESG readiness? If so, take our 10-question ESG readiness quiz.
When assessing their Environmental, Social and Governance (ESG) readiness, funds and companies should consider the governance structures in place to manage ESG, the frameworks and metrics chosen to measure ESG performance, and whether risks and opportunities have been assessed, amongst other things. With the first batch of CSRD-qualified companies soon to start collecting data for the financial year 2024, companies are now also increasingly beginning to think about double materiality and how that affects their ESG management processes (for a timeline of if or when your company will be required to report under ESRS requirements, pertaining to CSRD, click here).
This quiz provides a high-level starting point for companies and funds to assess their ESG readiness. When you complete the quiz, your fund or company will be sorted into one of four different categories and given access to relevant resources and best next steps guidance.
· ESG New starters – organisations taking first steps to put ESG processes in place.
· ESG Pragmatist – organisations who have begun implementing a reporting process but who aren’t considering improvement strategies.
· ESG Strategist – these organisations have advanced reporting processes in place which are efficient and streamlined to allow resources to be focussed on achieving ESG improvement targets.
· ESG Champion – these organisations are leading the way and their ESG strategies are fully-integrated with their business strategy. Their ESG strategy enables them to drive improvements across the entire business, whether that is attracting top talent, securing finance or reducing operational costs.
Whatever your result in this quiz, remember that every organisation started on their ESG journey once, and that there are vast gains to be made from managing, and not just reporting on ESG. Book a personalised demo of our platform to find out how we help companies and investors at all stages of ESG readiness.