Environmental Risk and Sustainability Consulting
Published: 01-Nov- 2011 | Product Category: Risk Consulting
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As organizations develop their sustainability programs, it is important that they look beyond the four walls of their operations. Given today’s sophisticated business environment and intricate interdependencies, leading “green” organizations are expanding their outlook to include upstream and downstream partner processes, and improving their sustainability risk quantification techniques to make better control decisions.
Marsh Risk Consulting’s (MRC) Enterprise Sustainability Program helps companies understand and take advantage of all the dimensions involved in sustainability. We will design a program that will help you to meet your objectives with a focus on reducing costs, managing risks, increasing revenues, capitalizing on competitive advantages, and strengthening your brand.
Enterprise sustainability is defined as: evolving businesses to minimize their impact on the global or local environment, community, society, or economy. This includes sustainable economic practices, sustainable environmental practices, and sustainable social practices. MRC’s Enterprise Sustainability Program is designed to assist organizations in enhancing value and reducing or mitigating risks while implementing sustainability programs across all three integrated dimensions of sustainability: environmental, social, and economic.
Many firms seek simply to reduce their impact on the environment and improve the work environment for their employees. Others see the potential economic and brand value in implementing a comprehensive sustainability initiative throughout their operations and supply chain. MRC’s Enterprise Sustainability Program can help to accomplish all of this by economically measuring the synergies among the sustainability dimensions. As a result, an organization can justify its sustainability program based upon its financial impact as well as environmental and social advantages.
MRC’s worldwide team of consultants works with an organization to develop a better understanding of the relevant sustainability issues, concepts, and drivers within its industry, organization, and geography. Comparing an organization’s current state of sustainability to industry benchmarks and best management practices such as the Global Reporting Initiative (GRI), International Organization for Standardization Standard on Corporate Social Responsibility (ISO 26000), Dow Jones Sustainability Index (DJSI), and Carbon Disclosure Project (CDP), MRC then guides that organization in defining its strategic goals for reducing its impacts on the local and global environment, community, society, and economy, and improving its long-term sustainability.
Experts from our extensive network of global practices provide the essential resources to address all three dimensions of sustainability, tailoring programs to an organization’s corporate culture, financial goals, and risk tolerances.
MRC’s environmental risk management consultants offer a complete range of services designed to help reduce an organization’s impact on the environment and identify the associated cost savings and revenue enhancement opportunities of doing so. Environmental sustainability services include lifecycle analysis of an organization’s operations and management procedures to evaluate the optimal use of raw materials, water, energy, and other natural resources, and the minimization of risks from the resulting emissions and waste.
A key benefit of establishing an enterprise sustainability program is the positive impact it can have on an organization’s bottom line and brand image. By analyzing process alternatives, operational efficiency, risk quantification and management options, and cost/benefit, our consultants work with organizations to deliver economic value by incorporating a sustainable enterprise culture into day-to-day operations. Our reputational risk and communications experts help organizations to achieve maximum recognition for their efforts by developing comprehensive internal communications and public relations programs to inform key stakeholders, the media, opinion leaders, potential customers, and the general public about sustainability programs.
Many organizations operating in a global environment seek to ensure that their operations and value chain function in a manner consistent with their values. MRC’s social sustainability consulting focuses on supporting organizations’ efforts to verify that their commitments to social responsibility are understood by stakeholders and are actively practiced. Our Corporate Social Responsibility Assessment is based on global standards, and is customized to reflect an organization’s priorities and emphasis. Our global network of safety and health consultants provides feedback based on a consistent, company-wide standard of measure that also incorporates cultural variance.
Marsh’s Customized Solutions and Global Expertise
Marsh Risk Consulting, the broader Marsh organization, and our sister companies in Marsh & McLennan Companies offer independence in designing true custom and integrated solutions to meet all of our client’s sustainability goals. We do not force-fit organizations into plans; rather, we customize our industry-specific approach, tools, and knowledge base for each client.
We are uniquely positioned to provide a full spectrum of services by drawing upon our global expertise from business continuity, supply chain, reputational risk, crisis management, product recall, risk modeling, workforce strategies and property risk professionals. Where beneficial, we can also integrate the risk management expertise of our network of industry practice specialists. As a global thought leader, we assist clients in reducing and managing sustainability risks as well as finding and optimizing new economic opportunities in emerging global issues.
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