Services
Activating Your ESG Strategy
A successful environmental, social and governance (ESG) strategy helps to elevate your organization's purpose, strengthen and protect your brand and position your company for success in meeting current and emerging risks and opportunities.
At Blue CSR, we work to define and activate an ESG strategy that engages your team to create positive returns by helping to differentiate you in the marketplace.
ESG Program Management
Organizational capacity is always limited.
At Blue CSR, we provide programmatic support by being an extension of your internal team to advance ESG within your organization. Driving business results to achieve positive returns is core to creating a successful ESG program. We utilize our years of insights into corporate best practices to help your company be an industry leader in ESG management.
Each year, ESG issues become more and more critical to a company’s long-term success, and key stakeholders increasingly want evidence of how your company is managing ESG issues.
We will work with you to develop an ESG program that fits your business and meets stakeholders’ expectations.
Diversity, Equity & Inclusion
Diversity, equity & inclusion (DEI) are foundational to creating a successful, adaptive organization prepared to respond to the changing demands of today. DEI requires trust, authenticity and transparency. An organization that embraces DEI is a place of belonging and empowers individuals to show up authentically.
Companies focused on DEI perform better. According to the International Labour Organization, companies with more inclusive business cultures and policies see a 59% increase in innovation and 37% better assessment of consumer interest and demand. Diverse, equitable and inclusive workplaces also attract and retain top talent.
Because of this evidence, now more than ever, key stakeholders (including investors, employees, suppliers and customers) want to see companies track and disclose DEI-related metrics.
At Blue CSR, we support you in developing and implementing a DEI strategy and policies and procedures, as well as tracking and disclosing metrics that align with your business and stakeholders.
Climate-related Financial Disclosures
The business environment is constantly changing.
At Blue CSR Strategies, we help businesses understand and manage climate-related risks and opportunities in alignment with the Task Force on Climate-Related Financial Disclosures (TCFD) guidelines. We can help future proof your business strategy and comply with regulations like California’s SB 261.
Our services include:
- Conducting peer benchmarks for climate-related risk and opportunities
- Mapping and implementing your climate-related risk governance framework
- Conducting and interpreting scenario analysis
- Quantifying physical and transition risk, where possible
- Evaluating business impacts and identifying responses
- Implementing internal strategies in response to climate-related risk findings
- Supporting public reporting, including creating a TCFD index
We pride ourselves on being an extension to your team, delivering outstanding results and helping you create a resilient business.
ESG DISCLOSURE AND STAKEHOLDER ENGAGEMENT
If people are not aware of the good you are doing, it limits the positive impact those efforts have.
Communicating progress with internal and external stakeholders is an essential part of shaping how others view your impact. At Blue CSR, we create communication plans that employ a variety of communications channels to maximize the impact of your efforts.
Our team has a deep understanding of standard reporting frameworks, such as the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD). Blue CSR Strategies is aer.
We also have strong experience in helping companies disclose to platforms, such as CDP and EcoVadis, and respond to supplier surveys, investor inquiries and ESG ratings and rankings firms, such as ISS, MSCI and Sustainalytics.
CDP is a nonprofit organization that runs a widely used global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.
Each year, more and more organizations disclose through CDP. In 2021, a record-breaking 13,000+ companies representing over 64% of global market capitalization disclosed through CDP.
Responding to CDP has become a gold standard for investors and suppliers to gauge a company’s environmental performance: in 2021, 680+ investors with over $130 trillion in assets and 200+ large purchasers with over $5.5 trillion in procurement spend requested companies to disclose.
CDP has developed questionnaires for Climate, Forest, Water Security and Supply Chain, all of which are in alignment with recommendations from the Taskforce on Climate-Related Financial Disclosures (TCFD).
The questionnaires are seen as a good benchmark across companies and sectors because they ask every company the same questions. CDP is known for its rigor: Companies are scored from A to D with only 200 of 13,000 participating companies receiving an A score in 2021.
EcoVadis is another method of disclosure that companies are coalescing around to ensure their suppliers meet their environmental and social standards. It is an evidence-based assessment that scores companies on environment, labor and human rights, ethics and procurement.
The platform is used by both public and private companies across a growing number of use cases, including Scope 3 carbon emissions management, private equity, ESG-linked loans, supply chain finance and third-party risk and resilience.
EcoVadis has become a go-to method for companies to ensure their suppliers are meeting expectations.
- Widely used: More than 95,000 businesses across 200 industry categories and 175 countries use EcoVadis to monitor and improve the sustainability performance of their own business and trading partners.
- Easy peer comparison: The rated company can see how its score compares to the benchmark in their industry, which EcoVadis argues creates a "'race to the top' in which whole industries compete to achieve global best practice."
- Growing quickly: The company raised $500 million in June 2022 – the largest equity fundraising for a sustainability data SaaS company to date.
We are proud to share that we received a gold rating for our own company from the EcoVadis assessment, putting us in the 96th percentile of reporting companies.
Blue CSR has a gold rating from EcoVadis, putting us in the 96th percentile of reporting companies.