Design Your Strategy

Develop an impactful ESG strategy with our simple, actionable steps for effective ESG strategy development.

The Ensogo Blueprint

Ensogo empowers ESG strategy development, enhancing the process and streamlining execution for sustainable success.

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Frequently asked questions

What is an ESG strategy?
An ESG strategy defines a company’s approach to environmental, social, and governance issues that are material to its business. The strategy often includes initiatives and programs designed to enhance long-term value creation and mitigate risks.

The key elements of an ESG strategy vary by industry, geography, and company size. Common elements seen across industries include:

  • Environmental: carbon footprint reduction, sustainable sourcing, and resource efficiency
  • Social: community engagement, labor practices, and worker diversity and inclusion
  • Governance: ethical business practices, executive compensation transparency, and board diversity
ESG is a strategic approach to identifying and managing risks and opportunities related to environmental, social, and governance factors. It can strengthen stakeholder relationships, improve reputation, and promote accountability, resilience, and innovation.
Ownership of the ESG strategy often resides with senior leadership, such as the CEO, and is supported by the board and executive leadership team. Many companies employ a Chief Sustainability Officer to support effective ESG integration across the company.
ESG is most effective when included as an integral part of corporate strategy. Integrating ESG into corporate strategy supports resilience, competitiveness, and long-term value creation.

According to Morningstar, approximately 90% of companies have or are creating a formal ESG strategy. The depth and adoption of ESG strategies vary by industry and geography.

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Request a demo today to discover how Ensogo can help you collect and manage ESG data more efficiently and advance your sustainability initiatives.