Due to the legal requirements for sustainability reporting (Taxonomy Regulation, CSRD), companies must disclose the systematic and risk-based management of transformation risks regularly. Issues such as climate change, climate neutrality, skills shortages and human rights in the supply chain exemplify current challenges in the risk landscape.
As a risk specialist, we are your main partner when it comes to environmental, social and governance (ESG) risks. Our specialists at GrECo Risk Engineering pride themselves in sharing their in-depth experience in the operational implementation of ESG issues in industry and commerce.
This robust skill set positions GrECo as the ideal ally for companies facing challenges related to climate change, climate neutrality, skills shortages, and human rights in the supply chain. GrECo’s commitment to understanding and managing these risks is why it is best suited to assist its clients in this critical area. The specialists at GrECo Risk Engineering boast extensive experience in operationalizing ESG issues, ensuring clients are well-equipped to navigate the evolving risk landscape.
Our competencies and strengths are:
- Extensive know-how in developing ESG strategies, deriving targets and defining measures. Many years of experience with ESG risk analyses and assessments
- Effective application of best practice methods with data management systems that meet data verification requirements
- Lots of practice in designing efficient workflow organisations, control loops and processes in risk management
ESG risks are multifaceted, and this is why we offer many different solutions every step of the way. From checking, managing, and prioritising your risks, to tackling them head on and reporting on them, GrECo’s experts are on hand to help you be future ready. We’ve outlined below a selection of our solutions, each of which can be personalised to your company and the unique risks you face:
Quick Check ESG Risks: We analyse your company’s status on ESG, identify areas for action and prioritise them according to the ESG requirements of internal and external stakeholders.
Prioritise ESG risks: We conduct a context and materiality analysis involving all stakeholders, this serves as the basis for your sustainability reporting.
Manage ESG risks: We help you develop an ESG strategy and plan ESG measures (e.g. in the areas of climate protection, supply chain, etc.) with a comprehensive inventory. For a successful outcome, we accompany you in the implementation of the necessary processes in your company.
Tackle climate risks: After analysing the impacts (physical and/or financial) of different climate scenarios on your company, we support you in identifying measures to make your company “climate-ready”.
Sustainability reporting: We help you design and produce a sustainability report that is tailored to both your company and your defined goals. In doing so, we ensure that the report complies with current requirements such as CSRD and other regulations.
With our proactive and independent risk management advisory services, we will help you optimise your existing risk and identify new risks and opportunities before they happen. Our forward-looking analyses are crucial to effectively representing your interests in discussions with all stakeholders, from clients and authorities to banks and insurers.
By taking a holistic view of your company’s risks and opportunities, both financial and technical, we will develop comprehensive solutions for suitable insurance coverage, protecting your peace of mind regarding climate change and ESG risks. And as if that wasn’t enough, our advisory services are resource-friendly, understandable, and tailored to your company –which includes both large international companies and SMEs.
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Sabine Bradac
Risk & ESG Consultant
T +43 664 962 39 57