- Area
- ESG
The acronym ESG comes from the English language and represents the terms “Environmental, Social and Governance.” It is a common way of how companies should conduct their business, adding these three guidelines to the economic/financial viewpoint.
Implementing initiatives based on ESG criteria is considered essential. They indicate that the company has a plan for its perpetuation and seeks to bring about a positive environmental and socio-economic impact, showing socio-environmental, reputational, and credibility responsibility.
The more ESG practices, the better a company’s reputation will be with customers, partners, suppliers, and shareholders, which can currently bring opportunities, such as access to investment lines.
Finocchio e Ustra’s ESG area works to identify a company’s strengths and weaknesses concerning this topic, assists in developing solutions and implementing positive routines, seeks opportunities, and, above all, supports the manager in the dissemination of good practices in environmental, social and governance aspects.
Among the main areas of activity, the following stand out:
ENVIRONMENTAL
- Management of Environmental and Regulatory Licenses
- Implementation of reverse logistics and solid waste management
- Adaptation to the Forest Code
- Environmental labeling and certificates
- Monitoring of sustainability committees
- Assistance in preparing reports for investors and sustainability reports with emphasis on ESG
- Supplier Environmental Due Diligence
- “Green” tax benefits
SOCIAL
- Support in the selection of impact projects for investment
- Support in developing a culture of diversity, inclusion, and social engagement
- Monitoring the opinion of relevant stakeholders
- Process of monitoring best practices in the supply chain
- Tax impacts of donations and welfare projects
GOVERNANCE
- Policies related to the topic (waste management, energy efficiency, use of water and water resources, exploitation of natural resources, sustainability, socio-environmental investments)
- Legal audits of obligations established by the Government and of certificates.
- Support in structuring the ESG Strategy for the company
- Third-party Due Diligence (suppliers)
- Booklets about good practices and corporate governance policies
Partners and Area Coordinators
HEAD | MARCO AURELIO BAGNARA OROSZ