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Environmental, Social & Governance (ESG) Advisory and Audit Services in Melbourne

Whether you're interested in devising an ESG strategy, generating a sustainability report, or mitigating your company's climate change risk, RSM is your trusted partner

ESG considerations are becoming imperative for businesses aiming for lasting success. Explore the eco-smart business opportunities in Victoria today.


KEY CONTACT

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Jacob Elkhishin Partner

E: Email Jacob

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Nicole Mohan Principal - ESG Services

E: Email Nicole

Sustainability and Environmental Consulting Services:

Here is a few commonly asked questions about our ESG services to get you started:

  • Local Expertise: We understand the environmental nuances of Brisbane better than anyone else. Our consultants are well-versed in the region's climate challenges and regulatory landscape, ensuring you get solutions that truly fit.
  • Proven Track Record: Our track record speaks volumes. We've successfully assisted numerous businesses and organisations in Melbourne in achieving their sustainability goals, reducing carbon footprints, and enhancing their ESG performance.
  • Tailored Solutions: One size doesn't fit all. We craft customized strategies and action plans to align with your specific goals, industry, and budget.
  • Cutting-Edge Knowledge: Our consultants stay at the forefront of climate change science, sustainability trends, and ESG developments. You can trust us to provide you with the latest insights and strategies.

Our dedicated ESG team in Melbourne, can offer you an extensive range of ESG services, designed to empower your company on your sustainability journey. Supported by our nationwide network of sustainability and climate change consultants, we are experienced in helping businesses across a wide range of industries meet their ESG needs.  

  • ESG Assessments: We will perform a thorough assessment to help you understand where you stand on the ESG spectrum and identify areas for growth and improvement.
  • Develop ESG Roadmap: We will work with you to develop an ESG strategy and comprehensive roadmap tailored for your business, to help you meet your ESG goals. 
  • Material Matters Assessments: We will help you to identify and prioritise the ESG matters most critical to your stakeholders and business.
  • ESG Risk Assessments: Dive deep into ESG risks, including scenario testing, to fortify your resilience in the face of evolving challenges.
  • ESG Targets and Goals: Define clear, measurable ESG targets and goals to drive progress and accountability.
  • Performance Monitoring: Set up robust processes for monitoring your performance against ESG targets and goals.
  • ESG Governance Frameworks: Establish governance structures that ensure ESG considerations are integrated seamlessly into your decision-making processes. and operations.
  • ESG Reporting: Prepare comprehensive sustainability reports,  ESG reports and non-financial risk disclosures to communicate your sustainability commitments to stakeholders and to attract responsible investors.
  • Supply Chain and Modern Slavery Assessments: Assess and enhance the sustainability and ethical standards of your supply chain.
  • Partnerships and Investments: Evaluate potential partnerships or investments in alignment with ESG criteria to empower you to make informed decisions for your business.
  • Global Reporting Standards: Conduct gap analyses against industry standards such as the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), or Carbon Disclosure Project (CDP) standards.
  • Training and Workshops: Equip your team with the knowledge and tools to drive sustainability initiatives effectively

Absolutely! Transitioning to renewable energy sources is a great way to improve your ESG score. It can also help you save on operational costs. We have a great team of experienced specialists including Jacob Elkhishim, the National Leader, Resources, Mining, Energy & Sustainability at RSM Australia.

Here's how we can help:
  1. Energy Audit: We will start by assessing your current energy consumption and needs. This includes understanding your energy goals and budget constraints.
  2. Energy Transition Strategy : Based on the assessment, we'll work with you to define clear renewable energy targets that align with your business context and goals.
  3. Renewable Energy Procurement: Our team will provide insights into the various renewable energy options available, helping you choose the most suitable and cost-effective solutions for your business. We will then guide you through the process of procuring renewable energy, including exploring Power Purchase Agreements (PPAs) to secure a stable and sustainable energy supply.
  4. Energy Efficiency: Alongside renewable energy adoption, we'll explore energy efficiency measures to further optimise your energy use, lower emissions and reduce waste.
  5. Monitoring and Reporting: Once your renewable energy system is in place, we'll establish monitoring processes to ensure it operates at peak efficiency. If you're interested in showcasing your renewable energy efforts in sustainability reports, we can help you report on your renewable energy usage and its impact on your overall carbon footprint.
 

Our goal is to make the transition to renewable energy as seamless and cost-effective as possible, helping you reduce your carbon footprint and embrace sustainable practices. Please contact us for a detailed consultation tailored to your organisation's needs.

Supply Chain ESG is about ensuring that your company's supply chain is not only efficient but also sustainable, ethical, and aligned with responsible business practices. Here are some of the reasons supply chain ESG is an increasingly important business consideration:

  1. Risk Mitigation: Evaluating and addressing ESG issues in the supply chain helps identify potential risks, such as disruptions due to climate events, labour disputes, or regulatory changes. By proactively managing these risks, companies can safeguard their operations and protect their brand reputation.
  2. Regulatory Compliance: Many regions and industries have enacted regulations related to ESG practices in supply chains. Non-compliance can result in legal consequences and financial penalties. Staying in line with these regulations is essential for avoiding legal issues.
  3. Consumer and Investor Demand: Modern consumers and investors increasingly prefer businesses that demonstrate a commitment to sustainability and ethical practices. Companies with strong Supply Chain ESG can attract a broader customer base and access a growing pool of responsible investors.
  4. Brand Reputation: Supply Chain ESG initiatives can enhance a company's brand reputation by demonstrating a commitment to ethical and sustainable practices. A positive reputation can lead to increased customer loyalty and trust.
  5. Operational Efficiency: Implementing ESG practices in the supply chain can lead to greater operational efficiency. For example, energy-efficient processes and waste reduction measures can result in cost savings over time.
  6. Resilience: Climate change and social disruptions pose significant threats to supply chains. Companies with robust Supply Chain ESG practices are better prepared to adapt to these challenges, ensuring continuity in their operations.
  7. Ethical Considerations: Supply Chain ESG reflects a company's ethical values and commitment to responsible business practices. It aligns with broader societal expectations for businesses to operate in a socially and environmentally responsible manner.
  8. Competitive Advantage: As more companies prioritise Supply Chain ESG, it can become a source of competitive advantage. Being an ESG leader can differentiate your company in the Melbourne market and open up new business opportunities.
  9. Long-Term Sustainability: Embracing Supply Chain ESG is essential for the long-term sustainability of both businesses and the planet. It contributes to reducing environmental degradation, social inequalities, and unethical practices, helping to create a more equitable and sustainable global economy.

Australia is taking significant steps to align its financial markets and corporate practices with international standards and expectations in the realm of ESG and climate risk. While there is currently no mandatory ESG reporting framework in Victoria, Australia is considering mandatory climate and sustainability reporting standards for large, listed businesses and financial institutions, which will come into effect from July 1, 2024.

As these regulations develop and come into effect, businesses and financial institutions operating in Australia will need to proactively adapt their reporting practices to comply with the evolving standards. Staying informed about these changes and preparing for their implementation will be essential for organisations looking to thrive in a sustainable and responsible business environment.

Speak to one of our advisers for more information about the reporting requirements applicable to your business. 

Environmental Strategy

Develop strategies to reduce your carbon footprint, conserve resources, and implement eco-friendly practices.

Social Responsibility:

Foster positive community relationships, diversity, and inclusivity initiatives that reflect your commitment to ethical business practices.

Governance Excellence:

Strengthen your corporate governance, transparency, and accountability for sustained growth.

An ESG consultation can help you understand the environmental, social, and corporate governance factors relevant to your organisation. That means we assess the risk to your organisation as well as how your business operations are impacting the environment and society.

 

Watch the video to learn more about how an ESG consultation works. 

 

Take advantage of Victorian Government funding opportunities.

The Victorian Government offers a range of grants aimed at assisting businesses in their shift towards green and renewable energy and in fostering greater action towards climate sustainability. Our grants specialist is available to assist you in identifying potential grants for which you qualify, as well as providing ongoing support in the application process for grants and various government incentives.

GET IN TOUCH

MEET THE MELBOURNE ESG TEAM

Jacob is a Partner in Risk Advisory and ESG Services based in Brisbane, boasting an extensive 18-year career focused on delivering exceptional Risk advisory and ESG consulting solutions across public and private sectors. 

His comprehensive expertise encompasses a broad spectrum of risk advisory and compliance offerings, coupled with unparalleled proficiency in ESG consulting, providing clarity and insights into the risks and opportunities associated with addressing Environmental, Social and Governance issues. 

Jacob is also well known in Brisbane for his excellence in Sustainability Reporting, having adeptly guided the creation of public sustainability reports in alignment with Global Reporting Initiative (GRI) Standards and Sustainability Accounting Standards Board (SASB) Standards. Additionally, Jacob holds the distinction of being a Category 2 registered greenhouse and energy reporting auditor, engaging in a multitude of assurance assignments pertaining to emissions reporting for diverse organisations, spanning from oil refineries and coal miners to manufacturers and generators. Get in touch with Jacob >

Nicole holds the role of Principal at RSM in Brisbane, where her expertise lies in ESG Consulting and Assurance services.

In this capacity, she assumes a pivotal role in bolstering our capabilities and overseeing teams engaged in a diverse range of ESG, climate change, and sustainability-focused projects. With a wealth of experience, Nicole has led the charge in conducting comprehensive climate change risk assessments and reviews, a vital contribution to the landscape of sustainability reporting. Her adeptness extends to aligning these efforts with the most commendable practices in both mandatory and voluntary reporting frameworks. As RSM's National Sustainability Lead, Nicole occupies a strategic position in propelling the firm's own sustainability agenda. She spearheads the development of initiatives aimed at fostering the adoption of sustainable practices and values across RSM, thus magnifying the impact of sustainable principles in both the firm's operations and the broader business arena. Get in touch with Nicole >>

Sustainability Matters Video Series