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ESG partnership offer with Devoteam

ESG partnership offer with Devoteam

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Environmental, Social, and Governance (ESG) considerations have become increasingly relevant in today's ever-evolving business landscape. Navigating the complexities of ESG initiatives while ensuring compliance with regulatory frameworks presents a multifaceted challenge for companies. Recognising this, we have partnered with Devoteam, a prominent technology consulting firm specialising in digital strategy, technology platforms, and cybersecurity, to offer a comprehensive solution tailored to organisations at various stages of their ESG journey.

At maze we understand the overwhelming nature of ESG and compliance responsibilities and that’s why we are committed to helping businesses tackle these challenges head-on by leveraging our partnership with Devoteam. Together, we offer tailored solutions designed to assist companies in navigating the intricate landscape of sustainability legislation while strategically integrating impact into their core operations.

Whether by crafting pluriannual sustainability strategies, integrating ESG in business operations and decision making, implementing effective impact management and reporting frameworks, or staying informed about the latest regulatory developments, our collaborative approach ensures that businesses are compliant and positioned for long-term sustainability success.

The integrated offer targets three different client profiles:

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Pioneer "We are at the beginning of our ESG process, and the requirements and points of demand involved are unclear to us." OR "We want to significantly improve our ESG strategy and performance in terms of key indicators.ā€
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Data Miner "We have an ESG strategy in operation with well-defined objectives and purposes, but we face difficulties in collecting data and managing the metrics and KPIs necessary for ESG reporting - the process remains slow and intensive for our organisation."
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Specialist "We have already published our ESG report and have a functional data governance model. However, for data processing and obtaining final KPI values, data collection, compliance, and report preparation are still a very manual process prone to errors.

These profiles represent different stages of sustainability practices within organisations, ranging from initial exploration and understanding of requirements to operational challenges in data collection and reporting, and finally, to more advanced stages with established processes but facing efficiency and accuracy issues.

At maze, we focus primarily in organisations that identify as ā€œPioneersā€, as they do not yet have an ESG strategy, or want to improve the existing ESG strategy where maze expertise will help to develop an effective ESG strategy and define concrete targets. By leveraging our experience across multiple sectors, we deliver a customised approach to industry-specific regulations and policies, ensuring organisations remain compliant in today's rapidly changing regulatory environment while driving meaningful change - from assisting companies in designing their sustainability strategies to ensuring compliance with the obligations arising from new directives, such as the Corporate Sustainability Reporting Directive (CSRD).

Our approach with clients that identify as ā€˜Pioneers’ follows three phases:

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Phase 1 Diagnostic

BENCHMARK Research and analyse the best players in the clients’ market, national and international.

LISTENING Focus groups, individual interviews, and surveys with key internal and external stakeholders (employees, clients, suppliers, etc)

RESULT Diagnostic report (including Double Materiality Matrix)

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Phase 2 Structure

INFORMATION Identification of the economic, social, and environmental indicators that result from the double materiality analysis, and who the owners of this information are.

INDEX Agreement on the overall structure and contents to be included in the report.

PROCESSES Definition of internal processes for collection, management.

RESULT Processes flow for information management.

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Phase 3 Report (integration with devoteam)

EXECUTION Handover to devoteam for profile customisation.

Monitoring of sustainability information.

Preparation of the report within the agreed structure and contents, based on inputs in devoteam’s ESG solution from all consulted areas and individuals.

Output produced in Portuguese and/or English.

COMMUNICATION Supporting the internal and external dissemination of the report, according to the client's defined guidelines.

RESULT Sustainability Report

If you identify as a ā€˜Data Miner’ or ā€˜Specialist’ you are likely to be ready to adopt devoteam’s solution straight away.

The importance of ESG in businesses

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In today's business landscape, companies are increasingly confronted with the multifaceted challenges of managing their Environmental, Social, and Governance (ESG) initiatives while navigating the evolving regulatory framework. From data collection and management to stakeholder engagement and compliance, businesses encounter a number of complexities in their journey towards sustainability. Challenges might also occur in sourcing, validating, and managing the vast data collection required for comprehensive ESG reporting.

Addressing these challenges requires proactive planning, efficient data management systems, good stakeholder engagement, and a real commitment to sustainability integration. This will allow businesses to enhance their ESG performance and foster long-term value creation and resilience.

The coming years will undoubtedly be spent making all ESG first-movers as examples of how adapting early to sustainable business practises is a competitive advantage while benefiting all stakeholders including our planet.

Impact advisory: PLMJ case

To illustrate the practical impact of our partnership, consider the case of PLMJ, one of our valued partners. Since 2018, PLMJ has published three annual sustainability reports, each strengthened by maze's advice and expertise.

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2022

Start your ESG journey today

Is your organisation seeking guidance in crafting its first ESG strategy or ensuring compliance with regulatory standards? Do you have questions about sustainability management and reporting? We're here to help. Contact us at cristina@maze-impact.com to discuss your needs and explore how we can support your sustainability journey.

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