Before conducting an ESG Audit, companies should..

Before conducting an ESG Audit, companies should..

  • Begin by explaining the ESG to everyone including internal teams, suppliers and buyers – Ensure everyone gets to know about ESG.
  • Understand the relevance of ESG – Let everyone assess as to how is it going to impact them and the organization ?
  • Quantify impact of ESG Agenda on your activities and organization – it is done in the context of risks and competitive advantages that can be accrued from ESG Implementation ?
  • Estimate the efforts - time and resources required to adopt the ESG – What kind of resources are required to be deployed and what would be there potential costs ?