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Baker Tilly Annual report 2022 | What we impact | ESG

What we impact

Beyond Tomorrow™

To us, environmental, social and governance (ESG) means erasing the boundaries between company, client, community and planet. It means understanding how our organization can do its part to help nurture a more connected world. 

We intend to dedicate ourselves to making a difference inside and outside our organization. Our impact will be traceable through our footprints and fingerprints and will leave a legacy that will last Beyond Tomorrow. 

Going into 2022, this was our north star when organizing, analyzing and formalizing our ESG strategy. Here’s how it came to be. 

ESG is not a checkbox

Theresa Nickels
Theresa MeinersPrincipal, General Counsel

It’s not cookie cutter. Nor is it one size fits all. And by no means is it a task to just check off your list. ESG is an opportunity to reveal what’s important to our organization. It’s rooted in who we are.

At Baker Tilly, we are authentic, transparent and forward-thinking. We reflect our core values and recognize where we are on our ESG journey. In 2022, we set off to make ESG official and formalize our intentions.

The foundation of our ESG strategy is solid, and now is our opportunity to expand.

Internally, we empowered E, S and G teams to set and meet goals that enhance what we already do and ignite what we should be doing. For our clients, we concentrated our collective expertise on creating custom solutions spanning the ESG life cycle. We covered strategy, reporting and everything in between.

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Collecting what matters

In bringing our ESG strategy to life, we did our research. We studied the best of the best in ESG, inside and outside our profession. We explored what our clients ask for. We gathered what we do today. We identified where we need to improve.   

Before we penned our next steps, we dove even deeper. We asked our stakeholders what matters to them and what they think is material to Baker Tilly. We started with our team members – our internal stakeholders – and plan to survey our external stakeholders next.

What rose to the top of our internal materiality assessment included ethics, compliance and independence; team member health, safety and well-being; data privacy and cybersecurity; talent attraction, retention and development; and diversity, equity and inclusion.

Different paths, same destination

As an advisory CPA firm, we have the privilege of guiding our clients through their own ESG journeys. We use our diverse and collective knowledge to provide sound industry-focused strategies and creative solutions that align with our clients’ vision. 

High level, we meet clients where they are with ESG, using the following stages to determine a path forward. 

ESG solutions

Deeper, we listen to understand what matters most to our clients’ organizations and offer a custom-fit road map, from navigating climate change regulation and verifying sustainability bonds to mapping out smart tax and assurance guidance. 

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