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
Commitment Towards a Sustainable Future 59