Sustainability and ESG Criteria

UHY Fay & Co offers specialized services in sustainability and ESG (Environmental, Social, Governance).

Our team of experts advises and works with companies and organizations in the implementation of sustainability and ESG criteria as a central axis, creating sustainable business models with a fixed and realistic strategic vision that unites interests and expectations of businesses and organizations with their stakeholders.

DIAGNOSIS

We support organizations to understand their current sustainability situation and ESG criteria, to establish a starting point and get started. We examine their weaknesses and strengths, as well as national and international sustainability and ESG trends.

The aim is to incorporate sustainability and ESG criteria into the organization and its business model in a way that reduces risk and increases differentiated value, the organization’s competitiveness and generates greater trust among stakeholders, shareholders and pressure groups.

DIRECTOR PLAN

Taking into account the results obtained in the diagnosis, a plan of projects, actions and specific key business indicators in terms of sustainability and ESG, tailored to the company and its requirements, is drawn up. Thus, a realistic approach to the efforts and time needed to implement these plans is defined.

We offer advice and support to our clients in the creation and dissemination of their sustainability reports, Non-Financial Information Statements (NFS) and Integrated Reports, taking into account the most recognized national and international trends, regulations and standards, such as the Global Reporting Initiative (GRI), the Global Compact and the Sustainable Development Goals (SDGs), among others.

Companies have to comply with multiple requirements to comply with current regulations. Beginning in 2021, entities with more than 250 employees are required to report non-financial information, which is in addition to the obligation for large companies with more than 500 employees.

The Non-Financial Information Report must comply with recognized national and international frameworks, such as the Global Reporting Initiative (GRI) or Integrated Reporting (IRCC), both in terms of descriptive content and the choice of indicators for each area. In addition, the report must be verified by an independent third party.

Non-Financial Information Statements and sustainability reports should include at least the information necessary to understand the group’s situation, its environmental and social impact, its human rights policies, measures to prevent corruption and bribery, and equality and inclusion policies. It should also provide a description of the main risks related to the activity, products and relationships, as well as the results of the aforementioned policies.

As certified consultants with experience in the implementation of systems, we provide support to companies so that they can understand, develop and implement the necessary mechanisms to manage sustainability and ESG criteria, adapting them to their specific needs.

These are some of the systems we can help you implement:

  • SGE 21: Ethical and Socially Responsible Management System.
  • IQnet RS10: Certifiable requirements for corporate social responsibility management systems.
  • EFR Implementation: Reconciliation Management System.

The evaluation and audit of formal management systems implemented (SGE21, IQnet RS10, EFR, SA800, among others) or created internally by companies is essential to measure the effectiveness of sustainability measures and ESG criteria implemented in organizations. This process allows us to know if the established objectives are being met.

In our consultancy, we offer a professional, independent and external view that provides an accurate picture of the current situation of the company or organization. With this information, customers can make informed decisions about next steps.

Our service consists of accompanying our clients in the process of strategic reflection on the purpose and values of their company. During this process, we review the corporate culture and ensure that the values are in line with the purpose and people management.

UHY’s objective is to help companies better channel their ethical leadership and effectively execute their strategy, which will result in higher levels of motivation, efficiency and impact in their communications.

It is important to have indicators to measure the value, return and progress of sustainability and ESG initiatives in companies.

At UHY Fay & Co, we offer:

Sustainability scorecard: includes key sustainability indicators adapted to the business model, objectives of the Master Plan and stakeholder expectations.

Social impact: we provide the necessary tools to quantify the social impact of sustainability and ESG related activities implemented by companies and organizations.

  • Research of best practices.
  • We carry out sectorial studies.
  • Comparative analysis.
  • We identify the main sustainability initiatives and trends.

We provide companies and organizations that are committed to sustainability and ESG criteria with customized training programs, workshops and conferences for professionals who lead the change processes necessary to implement more sustainable business management.

The Sustainable Development Goals (SDGs) are fundamental tools for companies to manage their sustainability and Corporate Social Responsibility, aspects that are increasingly relevant in international markets. A strategy based on the SDGs is key to becoming more competitive and contributing to the achievement of a sustainable planet through the 2030 Agenda.

Our team, made up of experts from various disciplines, advises companies of all sizes on defining and communicating their commitment to the SDGs, so that they can effectively integrate them into their business strategy.

Sostenibilidad

Why choose us?

  • Multidisciplinary service.
  • Highly specialized team.
  • Local knowledge and global capability.
  • Commitment to transparency, integrity and honesty.
  • Personalized and close service.
  • Focused on their objectives.
  • Enrolled in the PCAOB.
  • Members of the Forum of Firms.

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