Green & Digital
The ‘Twin Transitions’
How we help our clients
We facilitate the development of strategic plans and reports to accelerate the green and digital ‘twin transitions’ and help government and business:
- build clarity, direction and focus
- identify and quantify value creation opportunities
- understand social, environmental and economic impact
- inform policy creation
- communicate to stakeholders
- and attract funding for development
Green & Digital. The ‘Twin Transitions’
The ‘green transition’ is necessary to mitigate the consequences of climate change and the degradation of the environment. ‘Digital transformation’ has changed how business creates value and continues to transform the way we live. The term ‘twin transitions’ refers not only to two concurrent transformational trends (the green and digital transitions); the term also refers to uniting the two transitions, which could accelerate necessary changes and bring societies closer to the level of transformation needed.
Green Transition
The green transition refers to the fundamental shift in production and consumption patterns to allow us to live within planetary boundaries. It means mitigating climate change by introducing climate-friendly lifestyles and taking environmental costs into account. It includes addressing the loss of biodiversity and its multiple ecosystem services that are crucial to healthy living and resilient societies. At the same time, the green transition must be fair and inclusive.
Digital Transition
Using digital technologies, systems management can cope with an increasing complexity while optimising operations. Monitoring and tracking can provide real-time information. Simulation and forecasting can improve efficiency, for example in the form of Digital Twins that can simulate the entire life cycle of a product or process. Data and data analysis will be the backbone of the green and digital transitions. Sensors, can help to collect and disseminate such data.
Our mission is to help government and business to successfully manage the green and digital ‘twin’ transitions as the cornerstone for delivering a sustainable, fair, and competitive future.
The Twin Transitions & ESG
ESG (Environment, Social & Governance) is a framework that helps stakeholders to understand the impact a company has on the environment and society, the impact the environment and society has on a company, and how well the company is governed. Increasingly, investors consider ESG as they consider investing in a company. ESG data and the analysis of this data has becoming an important aspect of corporate due diligence. ESG frameworks and standards will establish greater accountability for the twin transitions and help identify value creation opportunities. Listed companies and larger companies are increasingly subject to ESG related legislation. To assess whether your company is subject to legislation, use our rapid assessment tool.
See the wood from the trees
with our rapid ESG assessment
Confidential 5-10 minute assessment
RAPID ESG ASSESSMENT
Our rapid ESG assessment will help you better understand both mandatory ESG disclosures and where you are with your current practices
ESG & value creation opportunities
ESG is more than just a compliance framework. It is a lens on a business that will help to identify both risk and opportunity. Those companies that invest in making a more positive impact on the environment and society have been able to create value across the following 6 dimensions:
Customer acquisition
Selling sustainable products will attract new customers. Stronger community and government relations will also achieve better access to resources and markets.
Customer retention
Building customer satisfaction, loyalty and lifetime value will lead to increased revenues at a lower cost of sale and advocacy will lead to new customer acquisition.
Cost reductions
Continuously and automatically monitor your environment and analyse data to identify opportunities to optimise operations.
Productivity uplift
Purpose driven organisations can attract and retain top talent and lead to a more motivated workforce.
Regulatory and legal interventions
Achieve greater strategic freedom through deregulation, reduce fines and penalties. Reduce restrictions on advertising.
Investment and asset optimisation
Attract investors. Enhance returns by better long term capital allocation. Reduce risk on longer term environmental issues.
DOWNLOAD OUR GUIDE: POSTIVE ESG FOR VALUE CREATION
“Innovative, collaborative approach”
Anderson brought an innovative, collaborative approach.
I would happily recommend them to any organisation.
Marco Vassallo
partner KPMG