ESG and sustainability
ESG and sustainability
Mallory Thomas
CPA, MBA, CIA, CITP, CISA
Partner
Joe Donnelly
CPA
Partner
Ed Mahon
Principal
Srinand Yalamanchili
Director
Susan Borries Reed
J.D.
Managing Director
Caitlin M. Humrickhouse
M.P.A., SWP
Managing Director
Mark Herzinger
Principal
ESG is not a passing trend
There is rising pressure from regulators, investors, employees, customers and the community at large on organizations to track, manage and report on ESG and sustainability goals and progress. This directly threatens an organization’s ability to compete and maintain profitability.
Action towards an intentional and strategic ESG and sustainability roadmap will help your organization manage ESG-related risks, enhance recruiting and retention, reduce costs, realize energy efficiencies, prepare for regulatory reporting and compliance requirements, heighten market competitiveness and ultimately, drive growth.
Your ESG growth journey
Every organization has unique priorities based on its business strategy and culture, so this journey looks different for all. No matter if you are initiating your sustainability journey, moving full force ahead with established ESG and sustainability targets and reporting, or facing ESG regulatory reporting requirements, we’ll meet you right where you are.
Guiding insights
How TCFD and the GHG protocol are driving ESG regulations
Don’t get lost navigating the U.S., U.K. and EU ESG regulations. Get started by developing an annual disclosure approach in alignment with the TCFD and GHG protocol.
Greenhouse gas emissions 101: GHG reporting basics
Organizations now face regulatory impacts and the need for GHG reporting, which can include scope 1, 2 and 3 emissions. Get started with the greenhouse gas reporting basics.
Fast approaching climate-related risk and reporting requirements impact the middle market
Middle market organizations may unknowingly face profitability and compliance issues with looming climate-related risk and reporting requirements. Learn more about the impact of proposed climate-related disclosure and what the middle market is doing today.
Companies are realizing the benefits of third-party ESG data assurance
ESG data assurance refers to the process of verifying and validating ESG data by a third-party assurance provider. Learn more about the importance of third-party assurance and the benefits it brings to ESG reporting and sustainability initiatives.
Keeping tabs on the EU ESG regulations
EU ESG regulations, such as CSRD and SFDR, play a crucial role in promoting transparency and sustainability in business practices for both EU and U.S. organizations. Learn the importance of these standards and the requirements for ESG disclosure and reporting.
How mandatory regulations are shifting the global ESG and sustainability reporting landscape
The global ESG and sustainability reporting landscape is shifting from voluntary reporting to mandatory disclosure. The most impactful of these regulations include the SEC’s proposed climate-related disclosure rule, CSRD, SFDR and the proposed FAR amendment.
How to execute your ESG strategy with data and cloud technologies
Learn how to develop and execute your ESG data and reporting strategies and recommended ESG data governance best practices to avoid common data shortcomings and reporting pitfalls.
How ESG can shape an organization’s sustainability
A strong ESG program can help shape an organization’s sustainability by reducing costs, managing and mitigating risks, and attracting and retaining talent. Why are organizations falling short on their sustainability journeys?
Proposed FAR amendment would increase GHG emissions reporting requirements for federal contractors
The proposed amendment to the Federal Acquisition Regulation (FAR) will increase the transparency of climate-related information reported by federal contractors. Significant and major contractors will be required to disclose scope 1 and scope 2 GHG emissions with additional requirements for major contractors.
SEC steps up enforcement on ESG reporting with climate disclosure rules looming
SEC climate-disclosure regulations are coming and companies should be able to answer three key questions to provide accurate statements in ESG-related disclosures and to establish a more sustainable ESG strategy.
How to prepare for the proposed SEC ESG disclosure requirements
As organizations await the final SEC climate change disclosure ruling, there are three steps to take to prepare for these SEC ESG disclosure requirements, while keeping ESG governance, strategy risk management and targets in mind. Are you prepared?
Is your internal audit function ready for ESG?
As the environmental, social and governance (ESG) landscape evolves, internal audit’s role is adapting to address emerging risk areas within an organization.Aligning ESG risks with existing ERM program key for creating value, attracting talent
A successful environmental, social and governance (ESG) strategy should build on your existing enterprise risk management (ERM) program and align with an organization’s strategic initiatives and priorities.
Jump-start your sustainability road map with an ESG maturity assessment
Before building a strategic and intentional sustainability roadmap, an organization must assess the current state of ESG maturity against four levels – initial, growth, operational and transformational
Unlock the power of a sustainability culture
Baker Tilly is proud to sponsor The Conference Board’s latest ESG Center Report: Building a Sustainability Culture. The report paints a compelling picture of where companies are today on their sustainability journey and where they need to go, offering guidance on how to get there.
Client stories
Not-for-profit makes internal reporting changes to align with its external ESG efforts
An organization that historically reported on external sustainability impact, as opposed to internal operations, prioritized advancing its ESG efforts to become a leader in not-for-profit ESG reporting.
Controlled Thermal Resources builds a foundation to align ESG strategy with business strategy
Controlled Thermal Resource (CTR) proactively aligned sustainable business goals to an ESG strategy, resulting in a strong foundation for the company’s future state ESG disclosures.
Private equity firm packages existing initiatives to build ESG strategy
Private equity firm serving middle-market businesses builds an ESG strategy by evaluating existing initiatives and prioritizing topics relevant to investors.
Manufacturing and kitchen design company begins their ESG journey
Food service business manufacturing and service provider creates an ESG policy and framework to meet critical stakeholder needs and to streamline and enhance RFP submissions.
Metlakatla Indian Community keeps the lights on and replenishes resources by restructuring their utility
The Metlakatla Indian Community in southern Alaska faced the prospect of the lights going out due to climate change, loss of industry and outdated, inflexible management protocols. Learn how Baker Tilly’s tribal services team mitigated the immediate crisis and developed a new management structure to better equip future generations to face the energy challenges ahead.
Seneca Nation continues quest for energy independence
The Seneca Nation sought Baker Tilly’s tribal energy consultants for development of a strategic energy plan. Learn how the Nation is making strides toward sustainable energy independence, utilizing green energy and existing fossil resources to develop their community and protect future generations.
Media mentions
Connect with ESG leaders
Count on our ESG team to serve as an extension of your organization. We leverage industry specialization to understand the regulatory, operational, financial and organizational pressures that organizations face. Our professionals are dedicated to helping clients drive ESG-related efficiencies, elevating them to become best-placed within their industries.
Baker Tilly imprints – 2022 annual report
ESG is not a checkbox for Baker Tilly
To us, 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.
Learn more about Baker Tilly’s ESG program – what we impact