“We cannot let ESG ratings dictate our ESG strategy; we must first honestly know our material issues, our strengths and vulnerabilities; put actions in place to address those weaknesses – and then toggle to the ESG ratings to see where they can add value.”
Scott Tew – Executive Director – Trane Technologies
“ESG Navigator provides benchmarking insights that an internal framework simply cannot give.”
Michel Washer – Deputy Chief Sustainability Officer – Solvay
Below are additional comments shared during our 2019 and 2020 monthly webinars.
Measures Sustainability Integration
- “Every company I know has an overarching goal of integrating sustainability into the core of business — governance, strategy, etc.”
- “This tool actually measures sustainability integration.”
Saves Money
- “Instead of paying ‘a million dollars’ to BCG to assess sustainability governance and strategy, we can just use this.”
- “I was going to hire a MBA summer intern to analyze TCFD – but you are already doing it.”
Aligned with Investor Interests (and TCFD)
- “This Scorecard aligns perfectly with TCFD – with the dominant focus on Governance, Strategy, Risk, Metrics.”
- “Investors increasingly want to know how we plan to grow our business revenue from ESG; this tool is the most robust out there.”
By Industry – For Industry
- “We can be brutally candid in our scoring, knowing the data is completely confidential. No other company will see our ratings.”
- “This Scorecard is an organized compendium of world-class practices globally.”
- “We like seeing concrete examples of companies that are in Stage 3 or Stage 4 on areas highly relevant to us.”
Board-Friendly
- “This Scorecard speaks the language of our C-suite and board.”
- “External ESG ratings focus predominantly on environmental and social risks – with hardly any focus on governance or strategy.”
- “We showed our CEO the rainbow charts and he loved them.”
Internal Alignment – Gets Us On the Same Page
- “Say the words sustainability or ESG to different people in our company and they all have a slightly different view.”
- “Once we went through the Scorecard as a group, we all had a shared view.”