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At Enterslice, we understand the importance of environmental, social, and governance (ESG) aspects in today's business world. Our ESG services enable business practices in a way that enhances their long-term sustainability, reputation, and financial performance.
ESG investment has grown in popularity in recent years due to investors' increased awareness of the financial risks of environmental and social issues and the potential for long-term outperformance of companies concerning ESG. Investors can identify companies that manage environmental and social risks and opportunities by incorporating ESG aspects into their investing decisions. Enterslice offers a tailor-made solution to understand business opportunities; investing in ESG, investors can use capital markets to assess businesses and be informed in their investment decisions.
These considerations range from a company's carbon footprint to its handling of garbage to its usage of renewable energy. Companies wanting to lessen their environmental impact and build a sustainable future must consider these environmental criteria.
Consider how a business affects employee diversity, inclusion, and human rights policies. Social criteria are crucial for businesses aiming to make a meaningful contribution to society and maintain their moral and ethical business practices.
Board diversity, executive salary, and shareholder rights are all governance criteria. Governance standards are crucial for businesses aiming to conduct themselves properly and ethically, concentrating on openness and accountability.
In 2009, the Ministry of Corporate Affairs (MCA) released Voluntary Guidelines on Corporate Social Responsibility, introducing the idea of ESG reporting to India. The National Guidelines on Responsible Business Conduct (NGRBC) and Business Responsibility Reporting (BRR) were introduced. The adoption of sustainable practices and these guidelines for businesses promote the reporting of ESG performance.
The Indian Companies Act 2013 introduced one of the companies' earliest ESG disclosure requirements. Under this Act, Indian companies must include details regarding energy conservation and annual financial statements in their reports. Further, the director of an Indian company has a statutory duty to act in good faith to promote the company's objectives for the benefit of its members and in the interests of the company, the shareholders, employees, the community, and the protection of the environment.
SEBI has introduced several guidelines related to ESG reporting in recent years. In 2021, SEBI introduced the Business Responsibility and Sustainability Reporting (BRSR) requirement for listed entities. The BRSR wants disclosures from listed entities on their performance against the nine principles given under the National Guidelines on Responsible Business Conduct. Each principle is divided into essential and leading indicators, which should be mandatorily reported. Reporting leading indicators is voluntary, but listed entities should also endeavour to report the indicators.
The Reserve Bank of India (RBI) and the Insurance Regulatory and Development Authority (IRDAI), in addition to MCA and SEBI, have also released recommendations for ESG reporting for businesses operating in the banking and insurance sectors, respectively. Companies must follow these rules to implement sustainable practices and to disclose their ESG performance.
ESG reporting can help companies protect and create value for the business, people, society and the world, which can be done through the guidance of a recognised leader in ESG Reporting like Enterslice. Enterslice offers the following services in this regard:
To determine the ESG aspects that are most important to a client's business, Enterslice does a materiality analysis. This aids clients in setting priorities and concentrating on the most critical ESG concerns that may affect their company.
Data collection and analysis for ESG variables, such as measures for social and environmental performance and governance-related aspects, are assisted by Enterslice for clients. This entails creating standards for data gathering, assessing the data, and spotting significant trends and insights.
Enterslice assists companies in interacting with their stakeholders, including customers, employees, investors, and communities, in better understanding their expectations and worries around ESG issues. Creating a plan for engaging stakeholders, conducting surveys and interviews, and fostering stakeholder dialogue are all part of this.
In addition to sustainability reports, annual reports, and other disclosures mandated by regulators, Enterslice assists customers with preparing their ESG reports and disclosures. This entails creating frameworks for ESG reporting, gathering and analysing data, creating reports, and ensuring regulatory compliance.
To ensure that its clients' ESG reports and disclosures are accurate and comprehensive, Enterslice offers third-party assurance services. The data must be audited, reporting procedures and standards followed, and assurance reports issued.
To identify and evaluate the risks connected to ESG concerns, Enterslice conducts sustainability risk assessments. This entails conducting a thorough risk analysis, creating risk mitigation plans, and implementing them.
To assist clients in acquiring the skills and knowledge necessary to apply ESG successful practices, Enterslice offers training and capacity-building services. This includes leading workshops, creating instructional materials, and offering assistance and direction.
Enterslice helps the client implement the sustainable strategy by developing action plans, establishing governance and management structures, and providing continuing support and guidance.
Our experts help you create plans that improve your sustainability performance and establish you as a leader in your sector by analysing the ESG performance of your competitors.
The ESG reporting services from Enterslice assist you in identifying areas for improvement and establishing sustainability objectives.
Our team of professionals performs a complete analysis of your operations, pinpoints areas that need work, and suggests actions to improve your ESG performance. We assist you in establishing practical sustainability goals and creating plans to reach them. This boosts ESG performance and builds your organisation’s reputation as a trustworthy and sustainable one.
Enterslice directs the guidelines and best practices for ESG reporting. This involves awareness of the most current standards, rules, and guidelines for ESG reporting, such as the SEBI recommendations for Indian-listed businesses. The specialists at Enterslice assist clients in creating a comprehensive ESG framework that complements their company goals and aids in achieving their sustainability objectives.
ESG Strategy Development Enterslice assists clients in creating a solid ESG strategy that complements their corporate objectives. This entails determining ESG risks and opportunities, establishing goals and KPIs, and creating an implementation strategy considering all stakeholders.
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