Environmental, social and governance
Incorporating environmental, social and governance (ESG) factors into investment decisions can help you better manage risk and generate sustainable long-term growth. There has been an increased focus on ESG in the last few years largely due to:
- political, regulatory and policy shifts, both national and global
- increasing importance of environmental risks for CEOs; dominating the World Economic Forum’s 2020 Global Risks Report
- some sectors now being considered at significant risk of disruption and material financial losses as a result of ESG issues
- greater ESG interest from investors
We can support private equity houses/funds to establish ESG strategies, policies and procedures and provide ESG support throughout the deal cycle. We have assisted over 30 UK, global and mid-market private equity firms with ESG engagements, and in the past few years have conducted more than 200 ESG assessments for a wide range of PE firms. We are actively engaged in driving the ESG agenda forward within the industry through representation on both the Invest Europe and British Private Equity & Venture Capital Association (BVCA) Responsible Investment Roundtables/Committees.
Climate risk and reporting
Climate change is on the radar of all forward-thinking business leaders. Rapidly changing policies, a developing market and evolving low-carbon technology make it essential that you future-proof your business.
We use different climate scenarios to help you assess your exposure to related risks and opportunities, and formulate risk management strategies, including decarbonisation and adaptation plans. We can help you respond to increasing regulatory, investor and public expectations to disclose your management of climate-related risks in line with the TCFD recommendations and the PRA supervisory statement.
Modern slavery is one of the biggest global human rights issues today, with an estimated 40+ million slaves worldwide. Companies operating in the UK with a global turnover over £36 million must publish a statement describing how they are eliminating modern slavery and human trafficking from their operations and supply chains. Many of these businesses are still yet to comply with this regulation.
In response to this lack of compliance, we’re likely to see increased scrutiny and consequences for non-compliance. Because of this, companies need get ahead now, so they can identify, target, prevent and respond to incidences of modern slavery in their operations and supply chains.
We can provide support with advice on governance; risk assessment; introducing measures to mitigate modern slavery; due diligence; grievance and remediation; training; monitoring and reporting. We can also help you assess whether your modern slavery disclosures reflect your business activities, and whether your activities and disclosures are adequate, given the sectors and geographies you operate in and compared with your competitors’ and customers’ disclosures.
Health, safety and environment
Businesses have a duty to provide a safe and healthy environment for their people. At a minimum this involves keeping people safe by managing Health, Safety and Environment (HSE) risks associated with their operations. Many businesses are now also considering how they can help improve the health and wellbeing of their employees. Not meeting health and safety requirements can lead to fines of up to £10 million and prison sentences for company directors. Getting health, safety and wellbeing right can improve staff morale, lead to improved engagement, efficiency and productivity, as well as reduced employee absence and turnover.
HSE is heavily regulated and technically rigorous, but with 20 years of experience, we can provide qualified and experienced staff to deliver you real value and share our best practice. We apply our HSE review methodology in a range of services including internal audit, management system health checks, strategy development and health and safety culture reviews.
A responsible approach to security considers the organisation and its stakeholders, and what’s important to them. Security is a commitment by the business to do the right thing: to deliver a responsible business strategy with a data-driven, risk-based approach, to protect your people, operations and assets across the globe.
Understand and manage your security risk exposure and meet your duty of care responsibilities with our strategic consulting and operational security experience. Our corporate security framework helps you consider the complete security spectrum from strategic through to operational security outputs.