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ESG risk and impact management, in support of sustainability due diligence

 

 

 

In today’s rapidly evolving landscape, businesses are under increasing pressure to integrate ESG principles into their core operations. Environmental, Social, and Governance (ESG) factors are critical drivers of long-term value creation and risk mitigation, and core elements of a business sustainability due diligence approach.

Navigating the complexities of ESG can be challenging, but it is essential for future-proofing businesses. Poor risk and impact management can lead to reputational, legal, and operational risks, negatively impacting bottom line, workforce, profits, and supply chain.

 

 At Hyacint Consult, we prepare businesses to meet the evolving expectations around responsible business conduct and ESG principles. We empower our clients to confidently embrace ESG principles by embedding risk management and due diligence into their core operations. Together, we help businesses build robust systems, fostering resilience and creating a positive impact on their operations, stakeholders, and communities.
 

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Key Activities

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At Hyacint Consult, we bring experience and a strong track record in delivering ESG solutions, and have a strong experience in supporting over-all functioning of sustainability due diligence systems and processes. Some of the key themes where we excel include:

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  • Sustainability risk and impact assessment: identifying and assessing key environment, social and human rights and governance risks from business activities at operations and in the value chain.

  • ESG Strategy Development: Crafting comprehensive strategies aligned with your organization's goals and global sustainability standards.

  • Sustainable Supply Chains: Enhancing transparency and resilience within supply chains to promote ethical sourcing and reduce environmental impacts.

    • Conduct light maturity scan and/or gap assessment on sustainability due diligence and ESG risk management performance (incl CSDDD preparedness, standards allignment maturity)

    • Set-up traceability and chain of custody systems to support raw materials' origin claims 

    • Conduct supply chain mapping on raw materials' sourced​

    • Develop and enhance functioning of risk identification through supplier engagement, grievance mechanism and/or stakeholder engagement

    • Guide responsible sourcing standard alignment (LBMA Gold/Silver, RMI, RMAP, CopperMark and related standards)

    • Develop and implement in-house training and/or skills development, or supplier trainings (e-learnings or on-site)

    • Conduct on-site ESG risk and impact assessment, including community / stakeholders impact assessment as per interest

    • Risk mitigation and corrective action planning, including with Government, NGO's and supply chain actors

    • Stakeholder engagement; mapping types and interests of stakeholders to stakeholder engagement strategy and implementation

    • ESG risk and impact data management (environment, social, governance indicators)

    • Support reporting on key indicators and KPI's for in-house and/or external purposes (and in line with GRI, CSRD, CSDDD reporting guidelines)

  • Risk Assessment and Mitigation: Evaluating suppliers, geographies, and industries for ESG risks, and creating actionable mitigation plans.

  • Corporate Governance: Strengthening governance frameworks to ensure accountability and ethical decision-making.

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Relevant Projects

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Grainy Texture

Interested in working with us? 

At Hyacint Consult, we work in a highly customized manner. Before engaging in a client engagement, we aim to gather a solid understanding of the needs and challenges to be addressed, objectives and over-all context of the organisation. 

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