As part of long-term sustainability, it’s important to ensure that your ESG governance practices are regularly reviewed. This will give your stakeholders confidence in your business and ensure that your long-term aspirations are supported by consistent ESG policies.
We split our ESG Governance reviews into three phases:
- Assessment – this stage would include a review of the board, observation of the board and a review of current documentation.
- Triangulation – here we would identify a number of key themes that can be explored in one-to-one appraisals.
- ESG Reporting – finally, we would then present our recommendations for the review of external statutory reporting, ensuring that ESG and equality, diversity and inclusion policies are appropriately communicated.
Within the summary report that we will prepare, we will use nine different assessments, ranging from code compliance and board reviews, through to workforce and stakeholder engagement, to ensure that you have the best advice that is tailored to your business.
Do you want a quality mark for governance?
The Governance Assessment Framework (GAF) service is designed for private and public sector organisations of all sizes. The GAF is accredited by the Chartered Governance Institute, the international qualifying and membership body for governance professionals.
The GAF combines self-assessment with expert independent facilitation and review. The aim is to help boards, and the governance professionals that support them, to ensure that their governance systems are effective. The service is unique because it focuses solely on governance and leadership. It examines how your organisation measures up in the areas of:
- Stakeholder review
- Board effectiveness
Undertaking the assessment will give your board and its stakeholders the assurance that the right governance structures and processes are in place. The recommendations from the reviews reinforce the value of good governance in your organisation, and are a strong mandate for ongoing improvement.
Those that achieve or exceed the benchmark standards are awarded a quality mark. The quality mark indicates to internal and external stakeholders alike that the organisation takes governance seriously, and is prepared to invest in the skills and processes that deliver it.
RSM delivers a number of key ESG governance solutions, and we bring a wealth of expertise and experience to the assessment process.