It has become increasingly clear that Environmental, Social and Governance (“ESG”) metrics are no longer ‘a nice to have’ – for many investors and businesses they are now ‘a must have’.

The EU’s transparency framework, the Sustainable Finance Disclosure Regulation (“SFDR”), makes it a requirement for financial markets participants within the EU – includ­ing asset managers, private equity and venture capital funds, banks and financial advisors – to document and report their sustainable economic activities on an annual basis.

Large and listed businesses operating within the EU now face similar mandatory reporting demands as part of the Corporate Sustainability Reporting Directive (“CSRD”), as do those in India as part of the Business Responsibility and Sustainability Report (“BRSR”) framework introduced by the Securities and Exchange Board of India (“SEBI”), as do issuers operating in certain sectors in Singapore – in the financial, food and forest products, or energy sectors, with more sectors to be added to that list next year.

Other authorities have also acted on or exploring ESG frameworks and standards, notably in the UAE, China, Australia, New Zealand, the UK and the US.

You can find a summary of the latest global developments on ESG frameworks and standards below.

How can Amicorp help ?

Amicorp ESG Services helps asset managers, fund managers and businesses to analyze, report and develop their ESG performance levels.

  • Climate change action plan
  • Commitment to energy efficiencies
  • Waste management
  • Biodiversity preservation
  • CO2 and greenhouse gas emissions
  • Equal employment rights
  • Fair pay policies
  • Responsible supply chain network
  • Worker benefits
  • Occupational health and safety standards
  • Community commitments
  • Labor law stewardship
  • Accounting transparency and reliability
  • Risk management
  • Corporate standards and governance
  • Sound moral business practices
  • Regulatory compliance
  • Addressing conflicts of interests

Our platform analyses all the required ESG data points and more – including Scope 1, 2 and 3 emission levels – and then provides an independently validated ESG Report, Certification and Rating using the latest industry benchmarks. The auditable report can then be shared with regulators, stakeholders and shareholders.

The platform, which is powered by one of the leading credit and business information companies, also provides a basic gap analysis to help you identify where key improvements to your ESG commitments can be made.

To add to that, our team offers a consultancy service that works with your team to plan, develop and execute an ESG strategy to suit you:

  • Help diagnose your current ESG positioning, and then create an action plan to bridge any gaps and achieve short and long-term goals
  • Help draft ESG policies and build engagement and commitment among internal and external stakeholders
  • Help identify and manage the right ESG related initiatives to support your ambitions – including potential options available through our Amicorp Community Foundation

ESG – Giving you a competitive edge

Amicorp ESG Services are not just aimed at companies that are obliged to do so because of regulatory requirements. There is plenty of evidence across most regions that having an ESG program in place can help attract investors and customers, improve financial performance through operational cost and energy savings, and attract talent, giving you another competitive edge.

Our multi-national team can support investors and businesses looking to measure their performance and develop an ESG strategy across most jurisdictions, not just the EU.

If you would like to find out more about our ESG services, please contact the team here.