ESG Risk Management and Due Diligence
There is a need for transparency regarding ESG risks; your business won’t hear the end of it from shareholders until it achieves that. So, how do you identify and mitigate these risks effectively? They come in various forms, and their complexity is indisputable. Fortunately, that will be the least of your worries when entrusting these processes to Riverstone ESG Consulting. Our services ensure that your reputation is excellent, and compliance is top-notch. Only then can an organization benefit from the opportunities available. Besides, excellent ESG risk management and due diligence promote agility.
Remember the requirements and scope of ESG standards and regulations. With so much on your plate, these changes can be challenging to keep up with. Fortunately, entrusting us with the due diligence processes will ensure they follow the latest regulations and standards. Your company will always be on the right track, from the SEC to the EU to the Corporate Sustainability Due Diligence Directive to other disclosure regulations. Our services cover diversity, equity, human rights, and climate change issues. For accuracy, we use unbiased and reliable resources and networks. Here are the details of what we offer our clientele.
What We Offer
Considering our ESG risk management and due diligence, expect a holistic package covering everything. We will focus on several crucial areas, including the following;
ESG Risk Assessment
Regarding the company’s investment, ESG risk assessment is paramount. For instance, how do the ESG risks affect investment opportunities? The same applies to the impact of ESG opportunities. Our ESG risk management service offers you the insight you require for diligent investment risk planning. As an investor, you will understand a transaction’s opportunities and risks. Besides identifying risks, we also offer the way forward. You learn plans that can serve as remedies and how much an improvement will cost. That’s a perfect way of making informed decisions. What we offer in this regard includes the following;
- Assessment of ESG’s positive impact
- Compliance assessment per international best practices and local regulation
- How to improve human rights
- Ways of reducing the consumption of natural resources
- How to improve ESG based on available opportunities
- Value creation opportunities
- Identification of any other potential opportunity
ESG Due Diligence
One of our areas of expertise is ESG due diligence. We focus on the risk factors and policies associated with environmental, social, and governance topics. Remember that our findings will inform crucial processes and decisions, so we only offer the best ESG due diligence services. We understand that investments, mergers, and acquisitions, among other important choices, will depend on our processes. We aim to ensure these decisions are always less risky and more effective. As for ESG risk factors, here is something worth noting.
Environmental Risk Factors
For these ESG risk factors, our focus is assessing the company’s impact on the environment and its sustainability practices. We consider all the practices that affect climate change. Some of the examples are sustainable sourcing and high carbon emissions.
Social Risk Factors
What’s the company’s treatment of communities and people? It affects customers, employees, vendors, suppliers, and the general public. Is the company violating any human rights, such as adopting child labor? The correct ESG due diligence ought to capture that.
Governance Risk Factors
Lastly, we have governance ESG risk factors. Its focus is on the company’s operations. Do they run the organization based on fair policies? Are work ethics upheld at all times? Poor auditing, accounting, and bribery are assessed and highlighted during the ESG due diligence processes.
It would be unfortunate for your brand if there were any connection between your business and such wrongdoings. That’s why ESG due diligence services are a game-changer. With the proper ESG due diligence, your businesses also choose suppliers who promote their ESG responsibility and sustainability. It is a crucial building block facilitating a resilient supply chain that benefits the company significantly. It is one way of meeting ESG standards, but businesses often overlook it. We ensure that yours isn’t one of them. Do you see why Riverstone ESG Consulting is an ideal partner for the service?
Supply Chain ESG Audits
Gone are the days when people didn’t see the relationship between the supply chain and environmental, social, and governance factors. After all, we have had the COVID-19 pandemic and the war in Ukraine. These supply chain risks have proven interrelated and complex. Our supply chain ESG audits will help you prevent or solve such problems. Failure to prioritize this can lead to supply chain disruptions, legal liabilities, and reputational damages. Fortunately, Riverstone ESG Consulting can help you avoid such repercussions. Every company should avoid its dire consequences at all costs. Otherwise, your long-term sustainability, competitiveness, and financial performance might be at risk. So, partner with us to avoid such a misfortune.
Climate Change and Carbon FootPrinting
Transparency is crucial in controlling carbon impact. That’s why you need regular reporting even for your legislation compliance. Our services can help you with everything, including what’s beyond your control. Excellent issues include the company’s investment portfolio, business travel, and supply chain. We will calculate your carbon footprint, thus ensuring that your operations impact the climate positively. We provide it complies with all the requirements, including the international standards. So, get in touch with us right away.
How Does ESG Reporting and Disclosure Services Benefit Your Company?
If you partner with Riverstone ESG Consulting, our ESG reporting and disclosure services will benefit your company in the following ways;
- Quickly prepare the firm’s value chain analysis
- Get the advice you need on sustainable finance legal requirements
- Communicate and report human rights effectively
- Understand the UN guiding principles associated with business as well as human rights.
- Seamlessly implement these UN guiding principles and due diligence processes for human rights.
- Supply chain risk identification, especially the ones that impact human rights.
- Due diligence processes development following the OECD guidelines
- Reliable suppliers audit
- Suppliers Code of Conduct development
- Conducting buy and sell owing diligence
- Advancing corporate accountability
- Addressing existing and potential risks through elimination, prevention, or mitigation, depending on the circumstances
Our Approach
As we handle your ESG risk management and due diligence needs, our procedure is as follows;
Research
What is it that your company thrives to achieve? What are its goals and the progress so far? What about its operations? That’s the first thing we research as soon as you request for our ESG risk management and due diligence. We want you to deliver your mission, lead towards your mission, and uphold your core values. We also want to know how you operate. Once we do, we can give you ideal support.
Analyze
Since you need ESG risk management and due diligence services, we analyze how you are faring in these environmental, social, and governance issues. How are you handling opportunities and risks associated with ESG? We also pay attention to the dangers you haven’t handled at all because that’s often the major problem. Once we analyze everything regarding your company’s ESG situation, we will be in a better position to offer a perfect solution.
Come Up With the Solution
After the analysis, it is time to create a customized solution to your needs. We ensure that it handles all the issues excellently to guarantee great results. Besides risks, our services discover opportunities to take your business to the next level. We do comprehensive due diligence with processes customized to assess your company and identify its ESG strengths and weaknesses. It is also usually following the regulations of the locality of your organization and the international requirements.
Implement
Having developed a suitable ESG solution for your company’s risk management and due diligence, we are doing the most crucial part. We put what we have developed to work. We apply solutions to the problems we know are affecting your company. We maximize its opportunities, too, thus ensuring you benefit fully from ESG issues. The idea is to optimize the strengths while minimizing the weaknesses.
Review
How well is the plan working in favor of your company? That’s what the review of the ESG risk management and due diligence plan we implemented will answer. It informs us of things we can do better, thus increasing the success rate. If the plan is working, all we can do is improve it in the best way possible. We adjust it accordingly if it leaves a lot to be desired.
Report
We put everything into your writing so you can understand it well. It also enables you to comply and inform other stakeholders about your strides. You can always refer to these reports whenever a need arises.
Why Riverstone ESG Consulting?
If you are wondering why, you should consider us for ESG risk management and due diligence services, here are some of the many reasons;
We Follow Procedures
We understand that you need to comply with certain ESG local regulations and international standards. Consequently, we ensure that whatever we do abides by that. It saves you from the fines and inconveniences that come with non-conformity. We also provide you with everything the package offers by following a procedure. Procedures have proven to minimize the error margin significantly.
Affordability
So, you know, conducting ESG risk management and due diligence shouldn’t cost you an arm and a leg. We ensure that we make this service as affordable as possible. After all, it is crucial, and not all companies can afford to set a huge budget. We assess your ESG needs and the size of the organization. With that, we give you an appropriate bill. Rest assured that it will be within a reasonable range. We also offer free consultation for our ESG services, and this one isn’t an exception.
Experienced Staff Members
It is always easy to work with people who understands what your business needs. That’s a guarantee if you work with our staff members. They deeply appreciate ESG risk management and due diligence topics and requirements. So, expect the right answers on time. They are the go-to people for any environmental, social, or governance concept. Expect the right ESG solutions to benefit your business operations and promote compliance.
Diversification
Regardless of the industry your business falls under, Riverstone ESG Consulting has the perfect solution. That’s because our services are diversified to accommodate various industries. We have worked with multiple industries over the years and understand what each one expects from the companies under it. So, regardless of your situation and what your company needs, we will deliver.
Excellent Results
All our partners agree on one thing: the quality of our services. Our ESG risk management and due diligence services have seen them make huge strides in the right direction regarding environmental, social, and governance issues. Do you want to be yet another happy client? If nodding, consider partnering with Riverstone for ESG services. Everyone seeks and wants excellence, and that’s what we offer. So, do you see why we are a great ESG consulting partner?
Experience
Riverstone ESG Consulting has been offering ESG risk management and due diligence for a while now. Therefore, we know what to provide any business that approaches us for the service. Our vast experience ensures that your efforts yield fruits. We offer effective due diligence processes while assisting you with effective risk management. So, you can never go wrong if you choose us for your ESG journey.