Binomial’s sustainability programme helps companies align their Environmental, Social, Governance (ESG) goals with their overall business objectives by implementing sustainable strategies and measurement targets.
Binomial’s sustainability programme helps companies align their Environmental, Social, Governance (ESG) goals with their overall business objectives by implementing sustainable strategies and measurement targets.Some of the ESG challenges we can help clients tackle:
1. How can we integrate ESG into our strategy, avoid greenwashing and use it as a competitive advantage as a part of our business strategy?
2. How can we differentiate ourselves and stand out from competitors?
3. How can we communicate our ESG commitment with consistency, authenticity, and coherence across all marketing efforts?
4. How can we select the appropriate ESG reporting frameworks while complying with relevant regulations and guidelines?
5. How can we effectively collect, aggregate, and analyse diverse and unstructured ESG data?
What’s your sustainability strategy? If you don’t have one yet, should you prioritise developing it? What should you take note of when getting started with sustainability? Read more…
“There is no business to be done on a dead planet.” - David Brower, Environmentalist
Sustainable practices are no longer just “nice-to-haves” - they’re essential for long-term business success, and businesses are finding themselves needing to close the gap between knowing and doing.
At Binomial, we can work with you to develop an actionable roadmap that addresses the ESG challenges and concerns to help you get started, close the gap, and eventually stay ahead. Here are the key areas we can help you in.
There may be low-hanging fruits that you can already start with to show your brand’s desire for change. Areas like energy, waste, and water provide easy opportunities to get started. In the mid and long-term, we can also adopt a circular economy perspective to identify opportunities to become a more sustainable business across your value chain.
Knowing how you can change to be part of the solution is a good first step. Following on, we can work with the leadership team and gather insights from stakeholders (qualitative and quantitative) to articulate your ESG goals and strategic positioning. These can then be further fleshed out in an implementation roadmap that you can stick to and track.
With your new ESG strategy and positioning, it’s important to also share your efforts so you can boost your reputation and customer loyalty. To this, we can work with you to create a set of compelling brand messages and brand assets to help you communicate your new brand in an authentic manner, and share your sustainability story in a way that inspires and engages the different stakeholders.
Transparency and accountability are key components of sustainability practices, and ESG reporting is a key tool for communicating your sustainability goals and performance to stakeholders. Using global standards like GRI, we help clients get started on ESG reporting by identifying key sustainability metrics, collecting and analysing relevant data to produce a clear ESG report for stakeholders.
Binomial’s ESG programme will get you off on a rolling start as you look ahead in the next few years. Get in touch below to discuss how we might help you. We don’t stop here. Your ESG strategy is part of your business, but that is not all to it. A strong business strategy, brand and innovation efforts are equally important in building a sustainable brand. Check out our innovation, strategy and branding offer to know how we can help you elevate your business.