Environment, Social and Governance (ESG) Strategies
DOstartup helps businesses design and implement ESG strategies that align with compliance goals, stakeholder expectations, and long-term profitability through expert-led frameworks, internal controls, and global reporting standards.
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What is ESG?
ESG stands for Environmental, Social, and Governance—three key dimensions that guide ethical, sustainable, and socially conscious business practices. ESG criteria help businesses assess and improve how they impact the planet (Environment), interact with people (Social), and operate internally (Governance). For investors and conscious stakeholders, ESG performance is a critical indicator of a company’s long-term value and resilience.
The 3 Pillars of ESG
🔹 Environment ("E"): Includes energy use, emissions, pollution, waste, and natural resource consumption. Evaluates climate impact, deforestation, biodiversity, and water usage. 🔹 Social ("S"): Examines employee well-being, labor practices, diversity, health and safety, human rights, and community engagement. 🔹 Governance ("G"): Covers internal structures, board diversity, ethics, executive compensation, anti-corruption, tax strategies, and transparency.
Why ESG Matters
● Builds long-term resilience and profitability ● Enhances reputation among clients, partners, and regulators ● Attracts ESG-conscious investors ● Supports global sustainability goals and regulatory alignment
1. Common ESG Topics Covered
● Environment: Climate change, emissions, air/water pollution, biodiversity, deforestation, waste, water scarcity
● Social: Customer satisfaction, labor standards, gender diversity, human rights, data privacy, community relations
● Governance: Board composition, audit committee, anti-corruption, executive pay, political contributions, whistleblower policies
Steps to Build an ESG Strategy
1. Define Company-Specific Strategy: Tailor ESG frameworks to reflect operations and values.
2. Set Clear, Top-Down Goals: Leadership-driven broad sustainability vision.
3. Conduct Materiality Assessment: Focus on stakeholder-relevant issues.
4. Involve Independent Experts: Add credibility via external assessments.
5. Engage Stakeholders: Include voices from employees to communities.
6. Budget & Cost Analysis: Assess implementation vs. inaction costs.
7. Build a Dedicated ESG Team: Recruit or train internal governance teams.
8. Third-Party Verification: Ensure ESG actions are independently audited.
9. Strengthen Supply Chain: Use global frameworks like UN SDGs for supplier ESG alignment.
10. Make ESG Dynamic: Regular audits and updates to adapt strategies.
Listicles
Internal Audit & ESG Control
- Internal Audit: Planning, monitoring, performance review, risk identification and assurance.
- Internal Control: Establish reliable ESG data systems for compliance and decision-making.
- Governance Model: Builds accountability, strategic ESG resource allocation, and internal audit-backed improvement.
Reporting & Monitoring Frameworks We Use
- GRI (Global Reporting Initiative)
- SASB (Sustainability Accounting Standards Board)
- TCFD (Task Force on Climate-related Financial Disclosures)
- IIRC (International Integrated Reporting Council)
Role of DOstartup in Your ESG Journey
- Regulatory compliance
- ESG reporting accuracy
- Internal and external audit readiness
- Training and awareness programs
- ESG policy and culture integration
Why Choose DOstartup?
With over 10+ years of experience, a team of 400+ in-house CAs, CS, and lawyers, and a 99% SLA delivery rate, DOstartup supports ESG strategy across 10,000+ pin codes in India.
Expert-led planning to execution support
Tailored ESG framework implementation
Lifecycle cost-benefit ESG analysis
Third-party verification and transparency
Automated compliance workflows