Article | Bloomberg SmartPaper
How ESG can shape an organization’s sustainability
Jun 01, 2023 · Authored by Ed MahonThomas E. UnkeShane Lloyd
Environmental, social, and governance (ESG) is an umbrella term for operating in a way that embeds sustainability into an organization’s business strategy and core operating model. ESG concepts are not new, but with pressures from consumers, employees and institutional investors they are gaining momentum and can have a real impact on the bottom line of a business. A strong and meaningful ESG program can reduce costs, manage and mitigate risk, and attract and retain talent.
In “How ESG can shape an organization’s sustainability,” written in collaboration with Bloomberg, Baker Tilly leaders in ESG and diversity, equity and inclusion (DEI) reveal:
- Why organizations must embed ESG to be successful in the long term
- How supply chains are evolving with sustainability goals
- What are three key drivers for ESG momentum
- How to avoid greenwashing and create transparency
- Why organizations fall short on their sustainability journeys
- How the Inflation Reduction Act (IRA) supercharges clean energy ESG initiatives
- Why DEI is important in an ESG strategy
- How to start your ESG journey
Ready to start your ESG journey toward organizational sustainability?
We meet organizations where they are on their ESG journey with solutions that help them:
- Assess the current state of sustainability efforts and evaluate what topics and initiatives are most relevant to the organization.
- Develop a strategy that aligns with the organization’s goals and values.
- Communicate the strategy and an execution plan to key stakeholders.
- Execute the plan.
- Report reliable information to the appropriate regulatory and compliance agencies.
Baker Tilly understands the complexities organizations face regarding ESG strategy, compliance requirements and stakeholder pressures. Through an industry-focused lens, we help organizations manage risk, innovate, and create and protect value through detailed execution of ESG initiatives.
Environmental, social and governance
Going beyond responsibility to value and opportunity, we provide comprehensive and industry-focused ESG program advisory and assurance from development to execution.
Inflation Reduction Act
Find out how your organization can leverage IRA tax credits to save as much as 50% or more on qualifying project costs.
Diversity, inclusion, belonging
We are stronger when we celebrate and value the identities, perspectives and contributions of everyone.