Sustainability readiness assessment and roadmap

Project overview and objectives

When one global health company came to Clearsulting and Sodali & Co, they had the following goals:

  • Align with regulatory emissions disclosure requirements (SEC’s climate-related disclosure rules, California’s climate disclosure regulations (CA SB 253), and the EU’s Corporate Sustainability Reporting Directive (CSRD))
  • Assess and enhance existing emissions-related processes and controls for upcoming compliance deadlines
  • Address gaps in internal emissions data collection processes, Scope 3 calculations, and disclosure readiness
  • Develop a strategic plan for establishing future Internal Audit Controls after identifying gaps and determining new areas for monitoring

Clearsulting + Sodali & Co’s joint approach

Together, we helped:

  • Conduct a comprehensive review of public disclosures and internal documentation against emissions requirements
  • Identify gaps in emissions-related disclosures, focusing on alignment with the latest version of the SEC’s climate-related disclosure rules, California SB 253, and the CSRD ESRS E1 Climate change regulations
  • Conduct stakeholder interviews to gain insights into current processes, controls, owners and data management
  • Evaluate current emissions calculation processes, emissions sources, figures, and controls in alignment with the Greenhouse Gas Protocol
  • Develop recommendations to enhance emissions-related disclosures and prioritize areas of focus for Scope 3 emissions

Impact

After providing analysis on the organization’s alignment with emissions-related disclosure regulations and helping them understand their current readiness level, we:

  • Created a clear roadmap for addressing gaps in emissions reporting and improving compliance
  • Assisted in strengthening internal processes, controls, and emissions data accuracy
  • Improved the organization’s ability to meet regulatory deadlines for climate-related disclosures and enhanced its public sustainability reporting
  • Delivered an Excel-based workbook with detailed recommendations for emissions calculation improvements, including prioritizing Scope 3 emissions
  • Provided the organization’s Internal Audit team with insights on control impacts after completing the assessment

Learn how Clearsulting and Sodali & Co can help guide you on your sustainability journey.

 

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