Environmental, social & governance consultancy
ESG stands for environmental, social and governance and it refers to a set of criteria used to evaluate an organisation’s performance and impacts in these three areas. ESG criteria are used to make the sustainability efforts of an organisation measurable and quantifiable.
Sustainability is the framework to make an organisation responsible in a number of areas, such as its environmental impacts, human rights and community issues, labour and operating practices, client processes and organisational governance. Responsible and ethical practices can sustain the long-term health and well-being of the organisation, the planet and its people.
It’s no secret that it’s a world of new priorities for businesses that is dynamic and shaped by many different factors besides profit. The list includes:
- increased demand for diversity, equity and inclusion (DEI) in the workplace;
- transparent and accountable governance structures;
- mitigating climate change-related impacts that lead to increased operational and insurance costs; and
- embracing circular economy principles, due to increased demand for sustainable organisations, products and services from clients.
If you don’t embrace this new business reality and adapt as an organisation, you will endanger your long-term survival and put your clients at risk.
There are many benefits of taking organisational action on ESG, which include:
- achieving regulatory compliance, avoiding fines and reputational damage;
- improved risk management, so that you can identify all relevant risks and opportunities linked to ESG issues;
- promotion of innovation and operational efficiencies by identifying areas of inefficiency, enhancing productivity and reducing operating costs;
- addressing stakeholder expectations, which are increasingly becoming more important, beyond just shareholders and investors, providing the organisation with a social license to operate;
- accessing more capital at more favourable terms, and gaining a competitive advantage in the marketplace; and
- attracting and retaining high-calibre employees and loyal customers.
All of these reasons can help create long-term value for your brand, a global reputation that can positively influence relationships with government bodies, partners, NGOs, etc., improve returns and give rise to new growth opportunities. Embedding ESG in the organisation’s operations, ethos and culture is more than a compliance tick box exercise, it’s a new way of being for companies who wish to be resilient and remain competitive in the marketplace.
Our ESG consulting services
Our firms can help you at any stage of your ESG journey, whether you are just starting out or you’re further advanced.
Our services include:
- ESG reporting, compliance with regulation and assurance
- ESG strategy development (including gap analysis and materiality assessments), climate change risk assessment and stakeholder engagement
- Circular economy practices (carbon, waste, energy and resource management) to achieve net zero
- Sustainability standards and policies, ESG training, and executive coaching
- Sustainability supply chain management
- Sustainable finance and responsible investment advisory
- Social impact assessment and diversity, equity, and inclusion (DEI) strategy
We can support you in your ESG reporting and other legal requirements, whether you’re based in the EU, North America, Latin America, Asia Pacific, the Middle East, or Africa. We can also provide assurance services for your existing sustainability or ESG report, as prescribed by key legislation such as the EU’s Corporate Sustainability Reporting Directive (CSRD).
We work with you to develop an ESG or net zero strategy by conducting climate change-related risk assessments, gap analyses, and double materiality assessments. We also engage your stakeholders to establish a baseline and work towards improving your performance.
Our firms assist in implementing circular economy practices across energy, waste, carbon, and resource management to enhance efficiencies, reduce costs, and support your net zero journey.
We provide ESG training for employees and executive coaching for senior management, alongside implementing sustainability standards and policies such as the GRI Standards, Task Force on Climate-Related Financial Disclosures (TCFD), UN Sustainable Development Goals (UN SDGs), CDP, various ISO standards, and more.
We also support sustainability supply chain management by optimising ESG performance and mitigating risks within your supply chain.
ESG reporting
We ensure your organisation’s environmental, social, and governance (ESG) practices are accurately reported, fully compliant with relevant regulations, and independently verified. Our services enhance transparency and build stakeholder trust.
ESG strategy development
We develop tailored ESG strategies that align with your organisation’s values and goals. Through gap analysis and materiality assessments, we identify critical ESG issues, assess climate risks, and engage stakeholders to prioritise and address sustainability challenges effectively.
Circular economy
We help embed circular economy principles into your operations, focusing on reducing carbon emissions, minimising waste, and optimising resource use. Our approach supports your journey to net zero, ensuring long-term resilience and sustainability.
Sustainability standards and policy development
We guide you in establishing robust sustainability standards and policies that meet international benchmarks. Our ESG training and executive coaching equip leadership with the expertise needed to drive ESG initiatives forward.
Sustainability supply chain management
We help integrate sustainability principles into your supply chain, ensuring operations minimise environmental impact, enhance social responsibility, and comply with ESG standards.
Sustainable finance and responsible investment advisory
We support organisations in integrating ESG principles into financial decision-making, helping businesses align their investment strategies with sustainability objectives, green financing, and responsible investment practices.
Social impact assessment and diversity, equity, and inclusion (DEI) strategy
We provide social impact assessments to measure your organisation’s influence on communities and society. Our DEI strategies help foster inclusive workplaces, ensuring fair representation and equitable opportunities for all.
What are Kreston Global’s environmental, social, and governance standards?
Our experts track ESG standards globally as they evolve, ensuring our services align with the latest developments.
Depending on your region, your firm may be subject to different ESG legislation. The European Union currently has the most advanced legal framework, with key legislation such as:
- Corporate Sustainability Reporting Directive (CSRD)
- EU Taxonomy
- Sustainable Finance Disclosure Regulation (SFDR)
- Corporate Sustainability Due Diligence Directive (CSDDD)
However, other regions, including North America, Latin America, Asia Pacific, the Middle East, and Africa, are also enacting ESG-related regulations. Our global network ensures you receive region-specific support tailored to your compliance needs.
Understanding which requirements apply to you is the first step. Factors such as company size (employees, turnover, assets, IPO status) will determine your ESG reporting obligations. Our ESG advisors can help clarify legal obligations and voluntary frameworks best suited to your sector and industry.
Why choose Kreston Global’s ESG services?
Kreston Global’s network firms are ideally positioned to support your ESG journey. Our seasoned ESG experts bring years of practical experience across public and private sectors and multiple industries.
We support businesses at all ESG maturity levels—from those just beginning to assess their impact to organisations with established sustainability practices. Our firms maintain the highest professional standards and actively integrate ESG principles into their operations, with many achieving certifications that reflect their commitment to sustainability.
Whether you are a small or medium-sized enterprise or a multinational corporation, we leverage our global network to provide local expertise and tailored ESG solutions that meet your specific needs.
Contact Kreston Global
Want to know more about our ESG services? Get in touch with one of our ESG experts below.
Key contacts
Christina Tsiarta
Head of Advisory Services on Sustainability, ESG & Climate Change at Kreston ITH, Kreston Global ESG Advisory Group Chair
Daniel Šalamún
Audit and Sustainability Partner, Kreston Slovakia, Kreston Global ESG Advisory Group member
Marco van Ackooij
Head of Sustainability Managing Partner, Kreston Van Herwijnen, Head of Advisory Services on Sustainability, ESG & Climate Change at Kreston NL, Kreston Global ESG Advisory Group member
Sandrine Behrens
Junior ESG Consultant, Kreston Bansbach, Germany and Kreston Global ESG Advisory Group member
Sally Anne Hurn
Assurance Director at Duncan & Toplis, Kreston Global ESG Advisory Group member
Our ESG services are provided in the following locations:
Africa
Asia Pacific
Europe
Middle East
North America
South America
Further reading
ESG in Europe: Death of ESG greatly exaggerated
Interpreneur data shows a weakening resolve in Europe to prioritise ESG in business operations- but this does not tell the full story.
Green hydrogen in Mauritania: Advancing a towards sustainable energy future
New plans have recently been announced to develop a $34 billion green hydrogen project in Mauritania. The country has taken ambitious steps in energy transition, with a focus on green hydrogen as one of the pillars of its strategy
