Examples of our successful ESG projects
Our Experience:
Performing an environmental impact assessment for a chemical company
Challenge faced by our client:
A leading chemical industry company whose mission is to promote sustainable development asked us to create a model to estimate its actual environmental and social impacts. In light of its scale and diversity, the company was looking for a sufficiently flexible framework to measure and evaluate its social impacts at the level of both the whole corporation and products.
Our solution:
Throughout the project, we worked closely with the client’s team responsible for sustainability strategy. We adapted our Total Impact Measurement and Management (TIMM) model by using a repeatable approach to monitoring the corporate footprint in its economic, social, and environmental aspects. We analyzed the client’s operations, supply chain, and impact on customers. We examined the company’s impact on GDP, health and safety incidents, through human capital development, and contribution to climate change and local air pollution. We also supported the client at the level of investment decisions and the planning of future locations.
Implementing a sustainability strategy for a coffee manufacturer
Challenge faced by our client:
A global coffee manufacturer needed to analyze the extent to which its strategy was linked to the Sustainable Development Goals (SDGs) and how this strategy could be implemented based on a better understanding of significant problems facing our client’s key stakeholders.
Our solution:
In the first stage of the project, we focused on identifying and mapping the company’s key stakeholders. After that, we analyzed the significance of the sustainability challenges faced by our client. The next step was to create a matrix of connections illustrating how the client’s strategy could affect stakeholders in terms of sustainability criteria. This approach helped us to clearly identify the measures that the client should take and to develop indicators to evaluate the effectiveness of such measures.
Implementing ESG regulations in a bank
Challenge faced by our client:
One of the banks operating in the EU sought our advice and assistance in developing a path to implement ESG regulations.
In addition to the need to meet legal requirements and work towards sustainable finance, the client also wanted to improve its competitive advantage.
Our solution:
We analyzed the impact and scope of the necessary EU legislation, and we helped the client to understand how sustainable finance requirements translated into the conditions of doing business as well as to adjust its product and customer portfolios to the EU taxonomy. In the next step, we worked with the bank’s risk management team to create a data map that enabled us to identify key data, collect them properly, and ensure their quality at relevant level. By performing an analysis of the bank’s stakeholders, we also defined the next steps to be taken to achieve full compliance with the EU reporting requirements.
Compiling a non-financial report for a stock exchange
Challenge faced by our client:
A European stock exchange sought our assistance in compiling a non-financial report in line with the GRI Standards and developing an ESG strategy.
Our solution:
One of the elements of our work involved conducting dialogue with key stakeholders on non-financial disclosures and sustainability reporting. In addition, we defined major areas of non-financial risks and performed an international benchmarking analysis of the best reporting practices in the client’s industry. As such, we worked out a new strategy of non-financial reporting as well as determined the scope of data to be presented in ESG reports and streamlined the process of obtaining such data. The client also received a sustainability report compiled in line with the GRI Standards, taking into account the requirements and recommendations included in the following standards and guidelines: WFE ESG guidelines and indicators (2018); SASB Security & Commodity Exchange, Sustainability Accounting Standard; CDP Climate Change (2019).
Preparing a process for monitoring ESG strategy in a private equity fund
Challenge faced by our client:
A private equity fund needed support in defining goals and metrics as well as monitoring the operationalization of ESG strategies in its portfolio companies.
Our solution:
We developed a methodology for calculating over 200 ESG indicators, including identifying data sources, determining the correct calculation of indicators, and then drafting guidelines for Power BI dashboards. In addition, we provided the client with calculations of the organization’s carbon footprint.
Supporting a car manufacturer in the transition to zero emissions
Challenge faced by our client:
One of the largest car manufacturers wanted to reduce carbon emissions to zero and potentially “erase” its past carbon footprint within a time frame of several years. The client no longer wanted to use electricity produced from the burning of coal, and chose to invest in generating its own electricity based exclusively on renewable sources (such as photovoltaic technology, wind energy, and so on).
Our solution:
We are supporting our client in selecting the best source of energy and later in ensuring compliance with electricity generation regulations (obtaining a license, calculating excise tax, record keeping, and so on). We are working with the client’s team of experts on tax and legal issues as well the technical aspects of factory maintenance. Owing to our broad knowledge and experience in this field, we have been able to help the client both on strictly technical, electricity-related issues and by providing tax and legal consultancy services.
Supporting a lubricant distributor in the fulfillment of reporting obligations
Challenge faced by our client:
One of our clients is a lubricant distributor in the EU. The introduction of the EU’s SCIP and PCN databases necessitated ongoing reporting on the hazardous substances that our client places on the EU market. Failure to comply with these requirements could lead to high financial penalties (for example, up to 5 million euros in Portugal, up to 50,000 euros in Poland, and so on).
Our solution:
We have provided our client with an analysis of substances, indicating those that are regarded as hazardous. In addition, we submit the necessary notifications on behalf of our client, thus ensuring that the client complies with relevant requirements and risks no financial penalties. Since these are EU-wide regulations, as opposed to national ones, this means compliance at the European level.
Assisting a client in the retail sector in obtaining funding
Challenge faced by our client:
A client in the retail sector decided to build a new automated warehouse to streamline the supply chain and use low-energy control technology to eliminate errors and reduce emissions associated with transport inefficiencies. The client sought our assistance in obtaining funding to finance the investment.
Our solution:
We provided the client with comprehensive support in entering the Polish Investment Zone, including:
analyzing the financing options available for the investment project
verifying the fulfilment of formal requirements
assisting in completing application documents and holding discussions with the unit administering the funds
providing ongoing support in the financial settlement of the investment and investment-related reporting.
Implementing a zero waste project for a client in the bakery sector
Challenge faced by our client:
Implementing a zero waste project for a client in the bakery sector looking to reuse production waste.
Our solution:
We analyzed the possibility of obtaining public funding for the construction of a waste processing facility that would allow the client to obtain raw materials for a separate production process. The analysis also covered a review of available subsidy programs and tax incentives for research and development in the area of a new processing technology.
