Sustainability & ESG

UHY Fay & Co offers specialized services in sustainability and ESG (Environmental, Social, Governance) 

Our expert team advises and collaborates with companies and organizations in the implementation of sustainability and ESG criteria as their central axis, creating sustainable business models, with a clear and realistic strategic vision, which unites the interests and expectations of companies and organizations with their interest groups.


UHY Ibero-American Network’s First Sustainability Report 2023

A groundbreaking initiative for the firm on an international scale, spearheaded and crafted by the Sustainability Division of UHY Fay & COINTEGRA.

 





    DIAGNOSIS

    We help organizations to know their current situation regarding sustainability and ESG criteria, to establish a starting point from which to work. We analyze their weaknesses and strengths in relation to companies in their sector and national and international trends in sustainability and ESG.

    The objective is to integrate sustainability and ESG criteria in the organization and in its business model in a way that limits risks and enhances its differential value, its competitiveness and generates greater confidence among its shareholders and power groups.

    MASTER PLAN

    With the results obtained in the diagnosis, we design a plan of projects, actions and key business indicators in terms of sustainability and ESG developed to suit the needs of the company, realistically defining the time and efforts necessary to carry them out.

    We advise and accompany our clients in the process of preparing an strategic communication of their sustainability reports, EINF (Statements of Non-Financial Information), and Integrated Reports taking into account the latest trends, regulations and most recognized national and international standards such as Global Reporting Initiative (GRI), Global Compact, or the Sustainbale Development Goals (SDG).

    Companies that have more than 50 workers, those bound by a Collective Agreement or those in which the Labor Authority has agreed in a sanctioning procedure, are obliged to implement Equality Plans.

    We help you implement an Equality Plan that fits the structure of your organization, a plan that will add value by improving the reputation of your company and comply with the requirements of Royal Decree Law 6/2019, on measures urgent to guarantee equal treatment and opportunities between women and men in employment and occupation.

    There are many requirements that companies must meet to comply with current legislation. Said obligation to report non-financial information applies from 2021 to entities with more than 250 employees that are added to large companies with more than 500 employees.

    The Non-Financial Information Report must be prepared in accordance with recognized national and international frameworks such as the Global Reporting Initiative (GRI) or Integrated Reporting (IRCC), both in descriptive content and in the choice of indicators for each area. In addition, the report must be verified by an independent external party.

    The Non-Financial Information statements and the sustainability reports must include at least the information necessary to understand the situation of the group, its environmental and social impact, its human rights policies, measures to prevent corruption and bribery and policies related to equality and inclusion. Likewise, a description of the main risks related to the activity, products and relationships and the result of the aforementioned policies must be included.

    As approved consultants with experience in the implementation of these systems, we help companies to understand, develop and implement the necessary mechanisms to manage sustainability and ESG criteria that are adapted to their specific needs.

    • SGE 21: Ethical and Socially Responsible Management System
    • IQnet RS10: Certifical Requirements on CSR Management Systems
    • Implementation efr: Conciliation Management System
    • Strategic communication of sustainability

    To measure the effectiveness of the sustainability measures and ESG criteria implemented in companies and organizations, it is necessary to evaluate and audit the formal management systems implemented (SGE21, IQnet RS10, efr, SA800, etc), or those created by the company itself in order to know if they are meeting the objectives set.

    We offer an external, independent and professional vision that allows you to have a true image of the current situation of the company or organization, necessary to decide the next steps to follow.

    We accompany our clients in the process of strategic reflection on the purpose and values ​​of the company, reviewing the corporate culture and ensuring that its values ​​are aligned with the purpose and management of people.

    The objective is for the company to channel its ethical leadership in the best way and effectively execute its strategy, improving its levels of motivation, efficiency and impact in its communications.

    It is necessary to establish indicators that allow us to measure the return, value and progress of the efforts made in the areas of sustainability and ESG.

    We offer:

    • Sustainability dashboard: includes the fundamental sustainability indicators based on the business model, objectives of the Master Plan and expectations of the stakeholders.
    • Social impact: we offer the necessary tools to quantify the social impact of the activities, related to sustainability and ESG, that companies and organizations launch.
    • Search for best practices
    • Sector studies
    • Comparative analyzes
    • Identification of the best sustainability initiatives and trends
    • Training and awareness

    We offer companies and organizations that are committed to sustainability and ESG criteria, training courses, work groups and conferences adapted to the needs of professionals who must lead the change processes necessary to assume a more sustainable management of companies.

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