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Assessed the client’s pre-engagement ESG maturity
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Mapped the client’s emission to the Scope 1, 2 and 3 emission classification systems
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Undertook peer review and deep dive analysis on carbon management technologies
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Developed a road map detailing strategies, action plans, timelines, targets and KPIs
CLIENT CHALLENGES
- The client – a leading player in the industrial sector in Southeast Asia – produces a wide range of products used in the construction, automotive, and oil and gas sectors.
- The client wanted Acuity Knowledge Partners to analyse and develop its ESG road map comprising net zero carbon strategies, programmes and process to spearhead the client’s sustainability journey.
- The ESG road map had to include action plans showcasing the client’s commitment towards environmental sustainability and economic benefits.
OUR APPROACH
- Analysis of existing operations
Acuity Knowledge Partners’ Project Delivery team began with an analysis of the client’s existing operations and activities leading to carbon emissions and distributed emissions according to the emission type (i.e., Scope 1, 2 and 3 carbon emissions). The team also studied the client’s social and governance practices to gain a holistic view of its ESG maturity. Furthermore, the analysis of current processes and programmes unearthed ESG gaps, which could be filled through further actions. - Development of strategies and targets
The team then developed programmes and action items to facilitate the client’s multi-phased ESG journey. Strategies were supplemented by targets with definite timescales and associated KPIs to monitor progress. - Carbon management
To facilitate effective carbon management practices, the Project Delivery team conducted peer review to identify the technologies and methodologies used by peers to reduce carbon emissions. This approach was complemented by a deep dive analysis of these technologies on the basis of impact scale (low to high), costs and benefits, feasibility of implementation and implementation timelines. - Overall ESG road-map preparation
Next, a road map was drafted and shared with the client’s management for review, inputs, feedback and iterations, leading to the finalisation and delivery of the road map.
IMPACT DELIVERED
- The uniform, timely and structured approach allows the client to enhance its ESG maturity and embark on a sustainability journey.
- The road map, with strategies, action plans, targets, KPIs and methodologies, will help the client in its transformational journey, achieve competitive advantages and benefit from the proactive management of its ESG practices.
- The categorisation of emissions, along with the know-how of effective technologies, will assist the client in reducing its emission and reaching its net-zero goal.
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