The ESG end-to-end approach from msg Plaut
ESG (Environment, Social, Governance) can be seen as the paradigm shift of recent decades. A transformation that affects all sectors simultaneously and, in addition to regulatory requirements, also puts our understanding of business to the test.
Companies and the financial industry need to take action for the following reasons:
- Timely preparation and long-term fulfilment of regulatory requirements
- Utilisation of the changed competitive conditions.
- It quickly becomes clear that ESG influences all areas of a company and must be considered holistically. This is exactly where our consulting approach comes in!
We therefore see the implementation of these 5 key factors as a necessity for an effective ESG transformation:
- Understanding the impact on the business model (incl. ESG vision and opportunities)
- Targeted organisational and strategic anchoring
- Creation of regulatory compliance
- Mapping and integration in the processes
- Decision-making, control, and planning security
Do you have questions?
Tamara Elisabeth Meiböck
Lead Consultant in ESG, Certified Expert in Sustainable Finance
Advantages of your ESG partnership with msg Plaut
1 CSRD: Corporate Sustainability Reporting Directive | 2 SFDR: Sustainable Finance Disclosure Regulation | 3 PAI: Principal Adverse Impacts |
4 IFRS: International Financial Reporting Standards | 5 ICAAP: Internal Capital Adequacy Assessment
Our ESG services for you
A customised solution for implementing ESG requires industry expertise, extensive ESG knowledge and the right technology. Combining these three elements at msg Plaut, we have developed an ESG framework that can be used to effectively implement ESG.
By implementing ESG at these three levels, you can achieve a sustainable ESG transformation:
End-to-end ESG transformation
 |
 |
 |
 |
 |
|||
6 Focus for insurance companies
Your advantages
Flexible and customer-centred approach
Holistic end-to-end support
Expertise from a single source
Level I: Strategy & Organisation - Initial situation
The first step provides clarity about your specific ESG requirements and thus creates the basis for further steps.
- Definition of ESG objectives
- Identification of plan parameters and fields of action for long-term management
- Organisational analysis and anchoring in the organisational framework including recommendations for action
- Regulatory roadmap over a defined time horizon
- Preliminary study on the implementation of regulatory requirements
- Definition of data catalogue according to regulatory requirements
- Derivation of initial recommendations for consideration in processes and risk management
- CSRD support (e.g. carrying out a double materiality analysis)
Your advantages
Elaborated and formalised ESG vision
Understanding of strategic and organisational implementation
Clarity on key management KPIs affected by ESG
Creation of regulatory compliance
Level II: Business units & offerings - realisation
This allows you to effectively integrate ESG into your core business and successfully implement it in your products and market presence.
- End-to-end product analysis
- Definition of ESG product criteria (incl. regulatory requirements)
- Carrying out the fit-to-gap and deriving measures
- As-Is analysis and identification of positions with an impact on profit or loss (ESG perspective)
- Mapping to regulatory requirements catalogue
- Derivation and preparation of measures
Your advantages
Defined and targeted measures for the core business
Clarity about effects on the income statement in the assessment
Knowledge of regulatory and end-to-end levers in the product landscape
Implementation plan and technical advice
Level III: Data & technology - further development
Defining the right data and selecting the right tools will help you to anchor ESG efficiently in your organisation.
- ESG database analysis
- ESG data management process
- ESG data governance
- Review and Improvement
- Definition of ESG (e.g. CSRD / ESRS) Overall architecture
- Software selection
- Anchoring and controlling of organisational measures
- Technical basis
- Design
- Data processing and report implementation (e.g. preparation of CSRD report)
- Run
Your advantages
Understanding of data requirements and data process
Tool selection and technical mapping
Clarity about governance, roles and potential for improvement
Support with ESG report preparation
Further sustainable solutions for you
easy!sustain
Our easy!sustain solution provides the information required for a legally prescribed sustainability report. The collected data and improvement potentials are in line with the legal requirements.
SAP Sustainability
Control Tower
Use SAP Sustainability Control Tower to create a centralised register for your company's environmental, social and economic efforts and ensure that there is only one point of information.
Climate Stresstesting
as a Service
Our Climate Stress Testing as a Service offers the possibility to integrate dynamic requirements for data (sources) and at the same time keep pace with the further development of climate stress testing.
Contact us!
Tamara Elisabeth Meiböck
Lead Consultant in ESG, Certified Expert in Sustainable Finance