0482 - Key Strategies for Business Sustainability

• Understand the components of an organization’s carbon footprint
• Methodology overview behind measuring carbon emissions.
• Considerations for setting carbon targets to reduce carbon footprint in an organization and supply chain
• Understand how science-based topics such as biodiversity, and advanced social topics impact sustainability.

Explore the importance of:

• Understanding your organization’s current state of sustainability
• Identifying your organizational ESG strategy / mission / vision / values.
• Double materiality

Approach to: 

• Identification of both internal and external organizational stakeholders necessary for materiality assessment
• Identify those topics that matter most to stakeholders.
• Identify topics with the greatest organizational impact.
• Methodology to develop a materiality matrix and identify key organizational focus areas to manage risk and capitalize on opportunities.

• Considerations in establishing baselines for metrics and in setting future targets.
• Investigate alternative metrics aligning with identified ESG/sustainability priorities.
• Explore challenges in obtaining and utilizing data for metric calculations.

• Explore how sustainability integrates into operational processes and systems such as data governance; enterprise risk management; and controls.
• Explore the strategic advantages of integrating sustainability into corporate strategy.
• Explore how ESG factors intersect with higher-level processes and systems such as strategic planning and goal setting; budgeting and reporting; capital planning; and, compensation and bonuses.