Page 59 - CESD Annual Report 2022_Page01-46
P. 59

The Centre launched ESG Intelligence &            Methodology
               Analytics Services at the 17th
                                                                                                                         Outcomes
               Sustainability Summit, organized in New           ESG Intelligence & Analytics services
               Delhi. The objective of these services is         offer evaluation of the company
               to help companies identify key ESG gaps           performance on each of the three
               in line with key ESG material issues for          dimensions of ESG: Environment, Social
               the sector to which the company                   and Governance.  These dimensions are
               belongs to. The identified gaps can be            subdivided into a total of 13 aspects,                    Scorecard
               around Leadership, processes, key                 each of which is further represented by a
               resource deployment, engagements                  selected set of parameters. These                         The scorecard consists of the
               with stakeholders and or results of a             parameters are aligned with the                           total score, score at dimension
               company. This helps companies take                national and global standards like BRSR,                  level and score at aspect level.
                                                                                                                           This gives a clear picture of the
               strategic actions to close the gaps.              GRI, TCFD, TNFD, DJSI, etc. Further, scoring              aspects that pose a higher risk
               These services are part of the continued          methodology for these parameters has                      to the organisation.
               efforts of the Centre to increase the             been developed using national and
               adoption of sustainable business                  global benchmarks.
               practices by the Indian Industry.

                                                                 The entire evaluation process is
                                                                 hosted on SaaS based tools which
                                                                 follows the steps:                                        Gap Report
                                                                                                                           This report provides a detailed
                                                                                                                           gap analysis of the company’s
                                                                             Data Collection
                                                                                                                           performance on the ESG
                                                                                                                           parameters, covering the
                                                                             Data Sanitisation
                                                                                                                           strength, the weaknesses, and
                                                                             & verification
                                                                                                                           the opportunities of
                                                                             Assessment                                    improvement.
                                                                             validation
               The identified gaps can be
               around Leadership, processes,                                 Scorecard
                                                                             Generation
               key resource deployment,
               engagements with stakeholders                                 Gap report
               and or results of a company.                                  preparation







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