Though ESG adoption and implementation in business is amplifying, a lack of nuanced understanding of ESG principles and inconsistent ESG disclosures across companies, among other challenges, hinder sector advancement. ESG consulting solutions are thus critical to assist companies in adopting appropriate measures and sustainable practices aligned with the evolving regulations. Additionally, tackling pressing challenges like greenwashing where companies appear to be ESG-compliant without taking proper measures, measuring ROI of ESG initiatives, and development of a skilled workforce, demands stringent regulatory push and standardization of reporting frameworks.
In this dynamic landscape, Tirkha Consultants & Advisors LLP offers comprehensive ESG and sustainability advisory solutions. Committed to supporting businesses in their effort to navigate through the web of ESG frameworks, the company strives to bridge the knowledge gap in the understanding and implementation of complete ESG frameworks by simplifying compliance, driving sustainability performance, and enhancing stakeholder value. Offering tailored consulting services and leveraging global standards like GRI, SASB, and TCFD, the company supports businesses in building robust sustainability strategies.
End-to-End Consulting Solutions
Tirkha Consultants & Advisors' tailored solutions include ESG strategy development, materiality assessments, gap analysis, and ESG reporting. These comprehensive services enable businesses to effectively identify areas needing improvement in their sustainability practices. Through proactive guidance, the company helps businesses enhance transparency and comply with evolving regulatory requirements like BRSR in India. Additionally, the company helps streamline efficiencies within the client organization through capacity building initiatives like training and workshops.
“At Tirkha Consultants & Advisors, we strive to act as a catalyst for sustainability transformation, enabling companies to integrate ESG into their core business strategies while addressing investor expectations, regulatory requirements, and global sustainability standards”, shares CA Hemant Kumar Gupta, COO, Tirkha Consultants & Advisors.
The company, equipped with seasoned specialists with expertise in ESG strategy, carbon management, life cycle assessments, and sustainability reporting, excels in helping businesses unlock long-term value. Adopting a client-first approach, the firm emphasizes measurable impact, designing strategies to enhance business resilience, whether the company is beginning its ESG journey, or striving to fine¬tune its approach. Through its solutions, the company caters to diverse industries including manufacturing, IT, FMCG, financial services, and data centers.
Understanding each sector’s unique requirements, the solutions are tailored, with emphasis on key challenges specific to the domain. In manufacturing, carbon footprint reduction, resource efficiency, and worker health and safety are prioritized, whereas in data centers, energy efficiency, e-waste management, inclusivity, and reduction of water usage are areas of focus. This sectoral focus approach sets Tirkha Consultants & Advisors apart from other players in the industry, enabling value creation for all stakeholders.
Tirkha Consultants & Advisors' bespoke solutions comprise gap analysis, ESG strategy development, materiality assessments, life cycle assessment, decarbonization study, and ESG reporting
Providing Sustained Growth
Despite rising awareness, many business¬es struggle with ESG implementation due to the inability to align ESG principles with core business objectives, and other challenges. Tirkha Consultants & Advisors' ability to provide industry and company-specific advisory solutions helps businesses realize the long-term value of ESG implementation. This enables them to adopt and integrate ESG principles in alignment with business objectives and smoothly transition towards responsible business practices.
“For businesses beginning their ESG journey, the key is to align sustainability with core values, conduct a materiality assessment, and establish clear objectives. A phased approach ensures effective integration. Most importantly, ESG should be seen not as a burden but as a strategic advantage that drives innovation, resilience, and long-term value creation”, adds Hemant Gupta.
The path forward for ESG will be shaped with global initiatives like the EU Green Deal Corporate Sustainability Reporting Directive (CSRD) and Carbon Border Adjustment Mechanism (CBAM), along with India’s BRSR framework, and emerging carbon pricing mechanisms, setting stricter ESG disclosure and compliance requirements. The impact of these changes will echo across business practices, and those that embrace and align with these dynamics will thrive. In this volatile landscape, Tirkha Consultants & Advisors aims to emerge as a partner of choice, guiding businesses towards continued success.
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