The TDH ESG Assessment has been developed over a number of years after careful industry analysis and constant refinement, to ensure companies are only being asked the most relevant and informative questions. Our experts come from leading banks and investment houses with in-depth knowledge of the ESG landscape.
We regularly review our assessments to ensure that we have incorporated key developments in ESG. This will provide the most accurate analysis of your ESG business capabilities. Participating in the assessment will provide management with a valuable learning experience to promote ideas for action by simply taking the survey.
The focus for TDH is to give companies the tools required to develop a long-term strategy that supports their ambitions to meet urgent climate goals while ensuring the wellbeing of their workforce while positively impacting profitability and other key performance metrics.
The TDH ESG Survey provides your score Overall and by individual Pillar (E, S & G) in percentage terms and benchmarked against industry peers.
We award badges based on a company’s ESG credentials. The badges assigned are not static, and reassessment of the company’s ESG capabilities can change the status of the badge.
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STARTER: A business showing limited active ESG planning, with scores mainly reflecting a coincidental overlap between the established business function and some ESG metrics.
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BUILDER: A business that shows active ESG planning, incorporating short, medium and long-term targets, and demonstrating an effective track record of implementation.
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LEADER: A business that shows advanced ESG planning, incorporating clear short, medium and long-term targets, and providing documented validation of established ESG activity across most Topic areas. The business shows it can influence and engage with members of its value chain.
The box chart provides valuable insight about how your company is performing relative to its peers. The diamond represents your score vs the interquartile range, median and outlier scores across the 3 pillars and in total (see diagram below)
We have identified 24 key topics across E, S and G, that represent the most important areas a company should focus to improve their sustainability credentials.
Each dial represents a specific Topic within the Three Core Pillars of ESG. The output of the dial will be based a number of different questions, with some questions weighted more or less heavily depending on the Topic focus.
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Less than half dial informs us that the respondent has some room for additional action and improvement and would benefit from further education and advice.
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Greater than half dial indicates that the respondent is within appropriate ranges based on their maturity profile and is on track with an existing strategy. The goal from here is to work on expanding realistic and achievable targets to show momentum.
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Majority filled dial indicates that the company is in the fulfilment zone and the goal here is to ensure minimal slippage, and to frame clear communication strategies for internal and external stakeholders as well as considering how to influence your value chain.
The output produced is a score, rather than a rating, therefore there is no Pass or Fail, or even a wrong answer. Receiving a low or high score will depend on a number of factors such as maturity of the business or industry in which the company operates.
Business Maturity Will Impact the Score
TDH recognises your score will reflect different stages of growth and maturity of your business and your journey to improve your ESG credentials. Therefore, the actual % is relevant as an indicator of development stage. Over periodic assessments, the score should increase as a reflection of management’s ESG awareness and commitment.
Industry Will Impact the Score
Some topics typically score higher than others depending the industry in which a business operates. For example, the financial sector will have different priorities and regulatory requirements compared to manufacturing sector.
Reading the Boxplot (sample scores)
The overall approach to the environment pillar from energy consumption, waste and water management and supply-chain risk can make a significant difference to the long-term costs, value proposition and attractiveness to counterparties for small companies.
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Emissions : The carbon footprint of the company has been assessed and the company makes use of carbon emission schemes.
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Resource Consumption : The company monitors and records its energy consumption. The majority of their energy consumption comes from renewable sources of energy.
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Energy Management : The company effectively manages its energy consumption. It has a policy to reduce carbon footprint for corporate travel.
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Environmental Policies : The company has carried out environmental risk and opportunity assessments using external standards and has plans in place to become carbon neutral.
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Certification : The company is compliant with environmental permits and/or licences. It has a security management system certified to international standards such ISO 27001 for information security.
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Renewables and Recycling : The majority of the company’s facilities are in green buildings. The company pledges to use sustainable office-related items and recycle and repurpose materials back into the circular economy.
Social factors are becoming increasingly prominent within ESG as they impact the company through relationships with its workforce and the societies in which it operates. Improved social awareness results in a healthier, more productive workforce as well as an improved impact on wider society.
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Employee Welfare : Benefits including flexible working schemes are provided to employees. Junior employees are working appropriate hours per week.
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Employee Engagement : The company has a company handbook. Core values of the business are clear to employees. There is a formal process in place for employees to share their views and concerns.
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Diversity and Inclusion : The company has an adequate age, gender and ethnicity distribution of employees to represent a diverse workforce.
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Training and Career Progression : The company offers suitable training programmes and the company invests in suitable training for employees. There is a peer recognition system to promote talent within the workforce.
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Product Responsibility : A risk assessment has been carried out for digital bias. The technology cannot be used for maligned purposes. If so, there are measures in place to safeguard against this.
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Health and Safety : Health and Safety policy is reviewed by a senior team member. There is a valid insurance policy in place to cover employee claims.
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Customer Engagement : Discussions are held with customers regarding customer satisfaction in relation to products or services. Customer retention rate is high.
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Community Engagement and Charity Policies : The company is engaged with giving back to the community and has charitable policies in place.
Governance ensures everyone in an organisation follows appropriate and transparent decision-making processes and that the interests of all stakeholders (shareholders, managers, employees, suppliers, customers, among others) are protected.
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ESG Awareness : The company values the importance of an ESG strategy. The company engages with third party specialists rating agencies to better manage its ESG strategy.
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Business Ethics : The company is funded through green initiatives. The company has adopted, or are signatories to mainstream ESG framework providers.
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ESG Stewardship : There is an established ESG committee to monitor performance and meets regularly. ESG is discussed at the Board level.
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ESG Policies : The company has a documented ESG policy and is reviewed regularly.
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Supply Chain Management : Verification that suppliers adhere to local living wage standards. Third party suppliers have health and safety policies for workers which have been verified.
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Board Diversity : The board is diversified in terms of ethnicity and the company actively encourages board diversity.
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Board Independence : The company has a Board of Directors. There is a strong representation of Non- Executives Directors on the Board.
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Management Remuneration : The CEO is paid in line with their peer group for their company size/industry. There is an appropriate salary multiple between the highest paid and lowest paid full time employee in the firm.
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Risk Management : The company has carried out a risk assessment of its operations. Formal risk management documentation is regularly updated. There are contingency measures against key person risk.
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Data Security : The company has a data security policy and an IT security management system certified to international standard such ISO 27001 for information security. There have been no IT breaches.
Whether you are just starting out on the journey, curious to know how you can make a difference, or seeking to advance your sustainability agenda to the next level, TDH can support you with a range of services, including the ESG analyst report which can help you understand your ESG strengths and weaknesses or the ESG Employee survey to provide you with a holistic view of your organisation.
For much more information on products and prices please visit our website or contact a representative who can discuss solutions best suited to your company’s needs.
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This Report has been produced based on information contributed to The Disruption House by the Company reported on. The Company has confirmed under contract that such information is accurate in all material respects and can be relied upon for the production of this Report. While we have made every attempt to ensure that the information contained in this Report has been provided by reliable sources, The Disruption House is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this Report is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability and fitness for purpose. In no event will The Disruption House or its partners be liable to you or anyone else for any decision made or action taken in reliance on the information in this Report or for any consequential, special or similar damages, even if advised of the possibility of such damages.
For more information please contact info@thedisruptionhouse.com
This scorecard was produced using survey input that was completed on May 22, 2024
