Together with our partners, we assist our clients in reimagining their companies on a large scale, generating profit and having a long-lasting effect on all stakeholders.
Strategic sustainability is essential for businesses to thrive in today's world. It helps organizations to integrate environmental, social, and governance concerns into their operations, which in turn drives innovation, improves reputation, reduces risks, and increases profitability. By taking a long-term perspective and considering the interests of all stakeholders, businesses can create sustainable value and contribute to the well-being of society and the planet.
ASAP can assist you in identifying the pressure points and increasing awareness of the steps required to make your business more sustainable. This includes prioritizing issues from both a sustainability and commercial standpoint, and mapping short- and long-term goals while evaluating risks and delivery gaps. Additionally, ASAP ensures that sustainability goals are integrated into your overall corporate strategy, and implements a measurable sustainability program with a priority ranking of goals, enablers, milestones, and initiatives. They also analyze the tax implications of a commitment to net-zero energy and changes in tax policy, and assist in selecting non-financial metrics to assess and direct sustainability performance. Finally, ASAP helps create compelling and trustworthy reporting to monitor the fulfillment of sustainability commitments.
Sustainable Development Goals (SDG): Impact on Business
Businesses are greatly influenced by the Sustainable Development Goals (SDGs) as they present a structure for companies to harmonize their plans with the worldwide goals for sustainable development. By implementing the SDGs, companies can boost their image, lessen risks, and discover fresh opportunities. Additionally, the SDGs offer a shared vocabulary for stakeholders to converse and cooperate, leading to more effective partnerships. Businesses can employ the SDGs as a mechanism to gauge and reveal their sustainability performance. In conclusion, companies that incorporate the SDGs into their strategies can aid in creating a more sustainable future for both society and the environment.
ASAP offers various services to help businesses engage with the Sustainable Development Goals (SDGs). The first step is building a business case for SDG engagement, which involves introducing concepts and exploring background research. Businesses can read ASAP's comprehensive guidance on the SDGs to understand their relevance for business and investors, and use the SDG Selector to identify the worst performing SDGs per country and those with the most potential opportunity and impact by industry.
To align with the SDGs, businesses must understand which SDGs are relevant to their operations. The Global Goals Business Navigator can help identify the most relevant SDGs based on countries, territories, and sectors of operation. After identifying the most relevant SDGs, businesses can evaluate which SDGs they can best contribute to and identify significant risks and opportunities.
The next step is to define the approach and engage internally to align business activity and practice to the SDGs. This may involve identifying new opportunities for revenue growth, altering existing systems for cost reductions or system efficiencies, and analyzing which options give the highest shared value for both the business and society. Businesses should set and communicate performance indicators and targets, and monitor and track progress regularly.
To measure the impact and performance against the SDGs, businesses can use ASAP's Total Impact Measurement and Management framework to quantify SDG-related impacts in terms of societal value created or destroyed. They can compare their contribution across different types of goals such as education and health and contribute to improved decision making.
Finally, businesses should align their reporting to the SDGs and share progress with stakeholders. They can use established standards, frameworks, and business disclosures to improve their corporate reporting for the most material SDG issues to their business and get third-party assurance on their non-financial information. By following these steps, businesses can effectively engage with the SDGs, enhance their reputation, reduce risk, and identify new opportunities while contributing to a more sustainable future.
The tax and regulatory environment in sustainability refers to the laws, regulations, and policies that governments put in place to promote sustainable practices and discourage unsustainable ones. These can include taxes and subsidies on products and activities that impact the environment, as well as regulations and standards that businesses must adhere to in order to reduce their environmental impact. Such measures can help incentivize businesses to adopt more sustainable practices and encourage innovation in the development of environmentally-friendly technologies and products.
Tax & Regulatory
We can help your company improve its reputation by implementing sustainability-focused initiatives, while also assessing your exposure to environmental taxes and regulations globally. We'll help manage risks and optimize your tax position from a sustainability perspective, and work proactively with regional policymakers. Additionally, we'll ensure that sustainability investments are evaluated on an after-tax basis, taking into account any available incentives. Your tax department will play a crucial role in supporting your sustainability strategy. We'll develop strategies to minimize the effects of carbon, climate change, and resource scarcity on your tax position, prepare for future policy developments, and ensure compliance with sustainability obligations.
Measurement and Management
With our support, business executives can assess the outcomes of their strategies and investments by quantifying the social, economic, and environmental impacts of their operations, enabling them to make more informed decisions.
Measures and values the consequences of business activities on society such as health, education and community cohesion.
Puts a value on the impact business has an on natural capital eg. emissions to air, land and water, and the use of natural resources.
Values a business' contribution to the public finances, including taxes on profits, people, production and property, as well as environmental taxes.
Measures the effect of business activity on the economy in a given area, by measuring changes in economic growth (output or value added) and associated changes in employment.
Investing with Impact:
Transforming Your Impact Vision into Reality
/ Developing and Integrating Impact
We will collaborate with you to transform your aspirations into a realistic strategy that incorporates impact factors into the investment lifecycle and ties in with current governance frameworks.
/ Impact Assessment and Due Diligence
We can assist you in creating and using consistent, objective, doable impact measurement and management approaches to guide your investment decisions.
/ Making a Difference and Demonstrating Impact Return
We can help you find and take advantage of opportunities to increase the net beneficial impact of an asset. We specialize in measuring, monetizing, and reporting impact to help you effectively evidence and communicate progress to key stakeholders, as shown by our Total Impact Measurement and Management (TIMM) framework.