Sustainability
Sustainable and responsible business practices, known as ESG (Environmental, Social and Governance), help organisations efficiently manage risks, increase profit, reduce costs and improve their reputation and branding.
Increasingly, key business stakeholders, including clients, employees, suppliers and investors, have been paying attention to these parameters and making decisions based on how your business approaches ESG issues.
At Forvis Mazars, we believe that profit generation and sustainable business are not in conflict. We can help you with your corporate social responsibility strategy from its design and implementation to the issuance of your Sustainability Report and its audit.
Based on your needs, we will build a team of ESG experts specialized in projects related to:
At the beginning of the process, we will help you define key stakeholders and conduct a stakeholder dialog to identify material ESG issues that are relevant for your company. We will set objectives and systems for managing and monitoring them.
We have cooperated with clients that have a strong global corporate responsibility strategy but lack the support and structure at a local level. If this sounds like you, we will be happy to provide you with high quality training sessions and advise you on how to properly set up corporate responsibility management at a local level.
Setting up CSR strategy and rules for managing responsibility towards
Implementing corporate social responsibility
Our services are performed in line with Global Reporting Initiative (GRI) standards, ISO 26000 standard and other regulations and solutions that will provide your business with a long-term support. Our approach to CSR is based on recent scientific research and our own studies. Read more about our regularly published studies below.
Following on from the previous overview of key EU regulations (found in the January newsletter), we have selected the Taxonomy and Standards, which we will talk more about today. These regulations stand side by side, yet they are intertwined.
In today’s business world, where environmental, social and governance (ESG) factors play an increasingly important role, it is essential that companies understand the relevant legislation, fully engage in its compliance and adopt its principles. Sustainability, the proper care of people and honest management should be an integral part of every company’s business. The subsequently acquired transparency...
Financial institutions have a leading role to play in shaping our sustainable future, and a strong need to reboot and shift to a more responsible finance model. As a core component of the economy, they bear the responsibility of upholding rigour and resilience in their risk management. With time running out to achieve a move towards nature-positive outcomes, what sustainability progress have banks...
On 26 June 2023, the International Sustainability Standards Board (ISSB) published the first two IFRS Sustainability Disclosure Standards: IFRS S1 – General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 – Climate-related Disclosures.
Our history at Mazars is one of sustainable and inclusive growth, and for the fourth consecutive year, we are proud to release our 2022 sustainability report, which reflects our core values and shares our public commitment in action. As a responsible firm, we have ensured that the contents of the information disclosed are transparent, comprehensive and consistent non-financial metrics that exhibit...
Discover our sustainability events.
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.
As a framework for sustainability reporting, Set 1 of European Sustainability Reporting Standards (ESRS) lay the foundations of the standardised common language for sustainability-related matters throughout Europe.
In April 2021, the European Commission adopted the draft Corporate Sustainability Reporting Directive, or CSRD, which significantly strengthens the current sustainability reporting requirements of the Non-Financial Reporting Directive (NFRD) and expands the scope of companies concerned.
There is increasing recognition that climate change and other ESG risks jeopardise the world’s economy and financial systems.
Financial services organisations around the world are rethinking how they work in order to better embed sustainability into their business models. At the same time, climate stress tests are entering the mainstream in many jurisdictions. But even though regulation is fast developing, there is still a lack of consistency in the methods used and the extent of the commitments.
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