23/05/2025

ESG Business Boost

Non classé

At the TGS EMEA Brussels Conference, members from around the world came together to explore what it truly means to be ready. Each session highlighted one key truth: firms that innovate, collaborate, and stay ahead of change don’t just survive—they thrive.

Find out more about the conference!

ESG is no longer a buzzword—it’s a business imperative. In this session, we broke down why ESG matters not just for compliance, but for resilience, growth, and future-proofing. From risk mitigation to attracting talent, ESG is a strategic lever—and TGS firms are already leading the way with smart, scalable approaches.

Why It Matters to have a ESG business strategy for Businesses

Anticipating Regulation

  • New EU laws (e.g., CSRD & CSDDD) will require ESG compliance from large companies and their suppliers, including SMEs.
  • Early adoption = competitive advantage.

Profit Optimization vs. Business Resilience

    • Example: Porsche lost €1–2 billion after a climate event disrupted production
    • ESG helps firms mitigate operational and environmental risks, building long-term resilience.

Risk Mitigation & Adaptation

  • ESG prepares companies to handle climate, biodiversity, and supply chain risks.
  • “We can’t stop the storm, but we can build stronger shelters.”

Organizational Culture & Governance

  • Diverse leadership (e.g., gender-balanced boards) correlates with higher business performance.
  • ESG improves internal motivation, staff retention, and cross-functional collaboration.
  • New generations seek purpose-driven employers and businesses, not just profit.

How advisors can support ESG

  • Educate clients on upcoming regulations.
  • Highlight ESG as a risk management and value-creation tool.
  • Shift the narrative from “sacrifice” to “strategic advantage.”
  • Start small (e.g., internal impact reporting) and scale step-by-step (“white belt to black belt” approach).
  • Avoid green/social washing: be honest about progress and gaps.
  • Learn from each other, and promote what other members are doing

What changes can I make?

The changes will depend on the firm, but here are some ESG business strategy ideas!

  • Setting emissions reduction targets / investing in renewable energy sources
  • Reducing waste and encouraging circularity – create challenges (e.g., “no plastic for a week”)
  • Getting involved in philanthropy, volunteering, and partnerships to support local communities.
  • Getting continuous feedback from staff and their needs

Share your ESG-driven actions with us and on social media!

Make ESG your competitive edge.

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