myConsole ESG

Develop and ESG Roadmap

• Develop an understanding of ESG and the main drivers of each element E, S and G
• Determine the role ESG will play in your future.
• Review your ESG ethos, purpose, ambitions, and goals with a review your industry key materiality issues, typical projects, initiatives, and programme to help you consider your ESG vision.
• Choose which frameworks and metrics you wish to align with to address new legal and regulatory requirements.
• Develop high level business strategy goals, objectives, purpose and intentions.
• Establish the scope and timescale of business strategy goals, objectives, purpose, and activity intentions to implement your ESG roadmap.

Assess and agree strategy goals

• Review portfolio of the key materiality issues and projects relevant to your industry and sector
• Define which ESG criteria are most important to your stakeholders.
• Set appropriate market and non-market Benchmarks.
• Access and agree the feasibility of your range of ESG Goals and that they align with your business objectives.
• Undertake gap analysis to compare with peer benchmarking and industry trends.
• Undertake a baseline assessment to assess the impacts ESG is having on maintaining existing organisational commitments.
• Identify internal and external stakeholders and engage in educating and outreach with stakeholders and managing communications.
• Consider available option to undertake a double materiality assessment across your stakeholders.
• This would help identify what you are doing in the organisation which already aligns with ESG and how well you are doing it.
• Requires a communicating with internal and external stakeholders and reaching out to draw in their thoughts on which issues are material to the organisation and relative risks and impacts

Create and prioritise objectives and impacts

• Create list of objectives to address key materiality issues and what it means for the organisation.
• Prioritise and set goals and KPI targets for each ESG initiative aligned to with timeframe,
• Decide the required level of resources needed to achieve successful outcomes.
• Identify internal collaboration team.
• Identify wider Stakeholders and set up value creation plans to achieve stakeholder expectations.
• Start impact data collection activities.

Plan tasks and actions

• Forecast roadmap vision and set time-bound data collection targets and develop KPIs for each specific goal.
• Identify activities and allocate tasks to achieve each project and/or initiative.
• Ensure project and initiative leaders can track all tasks, actions and activities allocated to each team member.
• Consider Risk and Opportunities mitigations for each project and initiative.

Embed ESG Strategy

• Implement ESG projects by starting the management of collaboration activities.
• Leverage built-in ESG cultural change programme.
• Prioritise focus on ESG Initiatives/projects embrace ESG.
• Evaluate impact capabilities and capacity.
• Consider consolidation under ESG programmes i.e. Net Zero, Circular Economy etc.
• Set up audit trails and Governance to be able to demonstrate compliance.

Track and evaluate ESG performance

• Monitor real-time data for analysis and ESG performance.
• Measure and confirm outcomes are being delivered to your beneficiaries.
• Ensure individuals do allocated actions and activities.
• Evaluate and manage impact and project progress across all milestones.
• Collect impact data from Project, Portfolio or Stakeholders data owner.
• Consolidate all ESG Policies& Procedures to maintain standards & practices.
• Manage RFP Q&A collateral.

Disclosures and reporting

• Confirm project and initiative defined objectives have achieved their stated outcomes.
• Check consistent reporting to stakeholders across lifecycle processes.
• List, track, and assign Q&A to manage disclosure status for mandatory reporting requirements.
• Identify and review risk and opportunity mitigation lessons learnt.
• Check governance and compliance across life cycle workflows progress.
• Use feedback for continuous improvement from lessons learnt.
• Select and approve aggregated dashboards and reports for sharing with wider stakeholders.