ESG Goals and Objectives

When developing or updating their ESG or sustainability strategies, companies facing the challenge of systematically recording all related goals and managing the achievement of these goals. It is not easy to coordinate ESG and goals formulated in this context. Focusing on a few goals that nevertheless make a significant contribution to the success of the overall sustainability strategy is often the better approach.

To achieve that it is not enough to define a list of goals. Each goal needs measurable indicators (for example, the resources required to achieve it, the timeframe, the contribution of the goal to the overall strategy, etc.).

Doing so enables companies to prioritize individual goals. This transparency is helpful for stakeholder communication because it is easy to explain why some goals are initially postponed, while others are implemented with a higher priority.

Closely related is the question of which projects and initiatives need to be launched to ensure that the goals will be achieved. This aspect is also mapped and supplemented by the respective responsibilities for the projects and initiatives.

Key Results

• A systematic overview of goals and objectives for all goals and objectives related to your ESG strategy. 
• Selection criteria for goals and objectives depending on priorities and contributions to the sustainability strategy.
• Management and effective goal tracking is supported by effective indicators.

Key Benefits

• Improved stakeholder communication through transparent target selection and prioritisation.
• Simplified assignment of competencies and responsibilities for target achievement.
• A solid basis for updating the target system.