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Defining a corporate sustainability strategy has become critical to strengthening a brand’s image, mitigating environmental and social risks, and building a competitive advantage.
Our services will put your organization on the right track towards leading sustainability performance, while meeting international standards such as the Global Compact, the OECD Guidelines for Multinational Enterprises and ISO 26000. Our tailored services enable each company to receive guidance that is specific to its business and to its current level of engagement towards corporate sustainability.
Through intensive research, stakeholder engagement and industry benchmarking, we at Terracon will perform a thorough identification of the social and environmental issues at stake for your company and design a strategic roadmap to guide you towards the implementation of sustainability actions across the organization. Our mission is to provide you with a customized sustainability strategy that is aligned with your corporate vision, values and objectives.
Materiality analysis will enable your company to determine and give extra attention to those performance areas that are a priority - in terms of stakeholder expectations, sustainability relevance and corporate benefits.
If your company is already engaged in the path of sustainability, Terracon’s comprehensive performance assessments against international standards will highlight your current strengths and weaknesses, and lead to better sustainability decision-making and more efficient resource allocation. By delivering innovative and differentiating sustainable solutions, we aim to help your company become a pioneer in its sector. Our approach does not only focus on the reduction of social and environmental impacts but also on the identification of new opportunities.
Sustainability benchmarking is a powerful tool to gain insight into a company’s sector performance. It is also a first step towards elaborating a relevant strategy, reinforcing leadership in the field of sustainability, and ultimately achieving ‘best-in-class’ status. Through the analysis of publicly available information (annual and CSR reports, press articles, NGO reports, etc.), we can compare your sustainability performance with any of your competitors. Benchmarks can cover all sustainability issues or focus on specific themes such as biodiversity loss, climate change or occupational health & safety.
| Stakeholder Mapping & Engagement |
Stakeholder collaboration is essential to ensuring a relevant identification of corporate sustainability issues and priorities. Terracon can plan, coordinate and organize workshops to engage dialogue with various key stakeholders, in accordance with the international AA1000 Stakeholder Engagement Standard. These workshops’ numerous benefits include the improvement of internal satisfaction (employees and shareholders) and enhanced relationships with external groups (suppliers, customers, local residents or the public community), as well as the possibility to gather critical feedbacks and foster innovative ideas.
| Supply Chain CSR Performance and Risk Assessment |
In today’s economy, integrating social and environmental components into supply chain management has become necessary to secure the long-term supply of raw materials and avoid major reputation risks. We at Terracon can help you identify your supply chain’s key risk areas, conduct supplier sustainability screenings and ensure that your main suppliers’ sustainability policies are in line with your own. We believe that collaborating with suppliers in the field of social and environmental stewardship will rapidly yield positive results – for example, a more efficient supply chain or a higher quality of supplier relationships.
| Sustainability/CSR Reporting |
Repeated social and environmental scandals and higher stakeholder expectations have prompted a stronger demand for transparent external corporate communications. Moreover, international initiatives such as the Global Reporting Initiative (GRI) and the Carbon Disclosure Project (CDP), and the assessment of sustainability performances by NGOs and CSR rating agencies have grown. These new players have driven companies towards the publication of more structured and more focused reports, answering the questions and concerns of each stakeholder group. Internally, efficient communications have also demonstrated positive effects on employee motivation and cohesion.
Terracon can help you optimize your corporate reporting and communicate your sustainability strategy, performance and results efficiently. We can assist you in improving the relevance of your messages – thus gaining more trust from the public community - or gathering data for reporting in accordance with international standards.
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