About Us
Who We Are
SP Advisory is committed to working collaboratively with businesses and communities to achieve shared success through sustainable and responsible practices. We are more than just a consultant; we are a dedicated partner in empowering positive change and fostering a brighter, more sustainable future for all.”
Here is how we do it
Environmental
We assess how your organization functions as a steward of our natural environment, focusing on all aspects of sustainability, including waste and pollution, resource depletion, greenhouse gas emissions, deforestation, and climate change.
It is imperative that you acknowledge that unless your organization acts responsibly as a member of the global community, it will only exacerbate the effects of climate change, jeopardizing not only our planet but also its ability to operate.
Increasingly, businesses are recognizing that rather than seeing environmental damage as an unavoidable consequence of business operations, now is the time to be part of the solution.
Economic processes interact with power dynamics and decision-making processes at community level. Research & experience have proven that some communities gain from corporate presence and others do not. Hence company-community relations are critical in the success of extractive and infrastructural projects.
Corporate impacts can be either positive or negative but in any context of social and political dynamics, they can never be neutral.
When societies are unstable or in conflict, external factors that enter these societies become part of the society and their activities feed into, exacerbate, and prolong instability and conflict, or feed into, reinforce, and support systems that support stability & development.
Your success is a direct function of your external environment.
Social
The social aspect of ESG evaluates the effects of an organization’s operations on the labor practices and human rights of its employees and other members of the community. It encompasses a wide range of factors, including diversity and inclusion initiatives, employee volunteer hours, workplace conditions, and pay parity and equity. By addressing these issues, organizations can mitigate risk and promote responsible business practices.
Governance
The concept of responsible governance within a corporate entity encompasses a range of endeavors pertaining to transparency, accountability, and compliance. This encompasses the utilization of accurate and transparent accounting practices, the pursuit of diversity in leadership selection while steering clear of conflicts of interest, accountability to shareholders, the avoidance of any unlawful activities, and more. The cultivation of relationships with stakeholders is pivotal to governance initiatives, as the organization strives to engender trust through transparency and accountability. Our examination centers on the internal policies and governance structures of your organization.
Where to start
Our expertise, local insights, and global vision empower businesses to thrive while preserving the rights and benefits of all stakeholders. We help you redefine success through purpose-driven, profitable, and responsible practices.
Win-win for all
A well done ESG report communicates critical non-financial information to key stakeholders like investors, customers, employees, civil society, and more. This report can differentiate your organization and attract investors aligned with your growth strategy. It’s a great way to share your risk mitigation strategy for environmental and social risks, with a view to increase positive impact and reduce the negative.
ESG Reporting Process
Develop a comprehensive ESG strategy and establish clear, measurable sustainability goals that position your organization for long-term success. Prioritize environmental consciousness, demonstrate a commitment to social responsibility, and align your strategy with sound corporate governance principles. The ESG strategy must link to your overall business strategy, providing a way for your organization to identify ESG related risks and opportunities.
When adopting a framework for your organization, it is essential to select one that aligns with your specific needs and goals. Consider frameworks such as the IFC Performance Standards, the BII ESG guidelines, or the BRSR Core, which are recognized and recommended by local and national regulations. Additionally, choosing a framework that is preferred by investors and stakeholders can enhance its effectiveness and acceptance.
by ensuring that responsibilities are clear, and everyone knows their role. A structured governance plan sets the stage for a successful ESG report.
In the realm of ESG reporting, data serves as the indispensable cornerstone upon which a remarkable report is built. The process of compiling ESG data entails a rigorous examination of figures to ensure their accuracy and representativeness. By meticulously collecting data, you can elevate your ESG report to unrivaled excellence.
Forge your report meticulously, ensuring that the data is showcased in an aesthetically pleasing and easily comprehensible manner. A skillfully crafted ESG report will undoubtedly garner recognition and acclaim from stakeholders and investors regulations. Additionally, choosing a framework that is preferred by investors and stakeholders can enhance its effectiveness and acceptance.
