ESG Ratings

What is an ESG Rating?

An ESG rating is a means of determining how effective a company’s Environmental Social Governance (ESG) strategy is. Ratings are used by investors large and small to help them decide whether to invest in or acquire a company. Quite simply, the better your ESG rating, the more appealing you It quantifies costs totalled during the process of combating environmental, social, and governance risks. An ESG rating is often undertaken to complement a more traditional financial review.

Importance of an ESG Rating

Opting to achieve an ESG rating is a clear sign that a business is taking its impact on the planet extremely seriously. Not only does this benefit the environment and society, but research has also shown that accountability can be an important factor for investors.

Over 70% of potential investors believe a company has a responsibility to share ESG performance results, meaning transparency is essential if you are looking to secure the necessary funding to expand your operations. Starting your journey towards sustainability has never been more important.

The Benefits of an ESG Rating

More is expected of businesses than ever before. Nowadays, key stakeholders are paying serious attention to the environmental and societal impact of whoever they are dealing with. A transparent ESG rating shows that you are taking the situation seriously and doing your bit. These stakeholders include:

Shareholders
Clients
New hires
Businesses you may want to work with

With so much scrutiny on the effect a company is having on the environment and society, you do not want to be left behind.

How to Improve ESG Ratings

ESG issues have never been more important to potential investors and anybody looking to work with a company. Therefore, it is important for any and all businesses to strive to improve their ESG rating, any way they can.

Analyse

Any business seeking to improve their ESG rating should first assess what their current output is, and then identify where they can improve. An independent specialist, such as ourselves, can carry out an in-depth review of your situation and recommend the steps you should consider next.

Integrate

Developing your ESG strategy with the goal of integrating it into the values of investors, shareholders, customers, and staff will create the feeling of everybody pulling in the same direction towards a shared goal. Following globally accepted frameworks like CDP or GRI can go a long way towards this.

Engage

It’s much easier to carry out wholesale changes if everybody is fully on-board from the very beginning. Clearly discussing the particulars of your company’s position and how you believe you can improve your ESG rating can do wonders to ensure your stakeholders ‘buy in’ to the process.

Communicate

Reporting your ESG rating and strategy to interested parties can also have the knock-on effect of increasing transparency and trust with potential clients/customers, but also turn the heads of potential investors. If you’re ever unsure about the best way to shout about your achievements, we can help.

Want to Know More?

Learn more about our other ESG consulting services and how they can benefit your business. Alternatively, click here to browse our FAQs.

Our Clients

We chose to work with the team at Good Management as it was clear from the outset that they had the passion and expertise needed to help us create and execute our CSR strategy. Their work has been invaluable.

Kevin Gibbons

Managing Director, Re:Signal

Good Management Group Ltd undertook a full review of our ESG performance. The cost was extremely competitive and the results exceeded expectations. Great, knowledgeable and enthusiastic team. I look forward to working with them again soon.

Mark Sahal

Chief Operating Officer, Unily

The main statement that I would like to make is that the whole piece was brilliantly tailored to our individual situation. Thank you once again for the effort you put in to helping us make the first few steps in changing the travel industry for the better!

Mark Gardner

Managing Director, MSG Tours

How We Can Help You

Our team of leading ESG consultant specialists possess all the experience and knowledge needed to guide you to improve your ESG rating, thereby improving the impact you have on the planet and people around you. Begin your journey and start the conversation today.

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