Environmental, Social, and Governance (ESG) Assessment

Achieving meaningful progress on measures of environmental, social, and governance (ESG) is critical for organizations of every size and sector. These pillars are a growing priority for employees and consumers — and face growing scrutiny from regulators and investors.

The good news is that ESG is an ongoing journey: Success is not an endpoint — it’s the progress you make along the way that matters. This assessment will help you to better understand your progress on ESG and provide practical guidance to help you improve your maturity based on eight priorities for adoption and implementation. It has not been designed to prepare your organization for regulatory or legislative compliance. Rather, questions and recommendations align with MNP’s Sustainability Maturity Model and will inform further conversations internally and with your MNP advisor.

Governance

1. Does your organization have a policy that clearly describes ESG rules and principles?

a) ESG policy has been approved by the board of directors.

b) ESG policy is in development.

c) ESG considerations are included as part of existing policies for the next annual update.

d) Do not have an ESG-specific policy.

e) Don't know.

2. Are specific roles and responsibilities defined across your organization for ESG-related risk and opportunity monitoring and decision-making?

a) ESG roles and responsibilities are defined and allocated across all levels and departments of the organization.

b) Defined roles and responsibilities at the board and senior executive level only.

c) Defined roles and responsibilities are ad hoc within and across the organization.

d) There are no defined roles and responsibilities for ESG.

e) Don't know.

Strategy & Planning

3. Does your organization have an ESG strategy?

a) ESG strategy has been approved by the board of directors.

b) ESG strategy is a work in progress that has not been approved by the senior leadership team.

c) Need for an ESG strategy has been identified by management but not yet actioned.

d) Informal discussion of ESG topics by management.

e) Don't know.

4. Has your organization set clear ESG targets for short, medium, and long-term time horizons?

a) ESG targets have been set and are time-bound to short, medium, and long-term time horizons.

b) ESG targets have been set but not yet segmented to short, medium, and long-term time horizons.

c) ESG targets are being discussed for formal adoption.

d) ESG targets have not yet been discussed or identified.

e) Don't know.

Risk Management

5. Has your organization identified ESG-related risks?

a) ESG-related risk identification process is formalized and routinely applied.

b) Some ESG-related risks are identified but a formal identification process has yet to be developed.

c) Business risks are labelled as ESG-related risks in an ad hoc manner.

d) No ESG-related risks have been identified or evaluated.

e) Don't know.

6. Has your organization integrated ESG-related risks into your enterprise-wide risk management program (ERM)?

a) ESG-related risks are integrated within the ERM framework and are linked to strategy.

b) ESG-related risk integration is being discussed but not yet adopted for implementation.

c) ESG-related risks are being identified but not yet mature for integration with the ERM framework.

d) ESG-related risks have not been identified.

e) Don't know.

Reporting & Metrics

7. Does your organization measure, monitor, and internally report on ESG-related risks and opportunities?

a) ESG-related risks and opportunities are measured, monitored, and reported internally on a routine basis at the management and board level.

b) ESG-related risks and opportunities are measured, monitored, and reported internally on an ad-hoc basis at the management level.

c) ESG-related risks and opportunities are identified but not yet measured and/or monitored.

d) ESG-related risks and opportunities have not yet been identified.

e) Don't know.

8. Does your organization publicly disclose ESG information to external stakeholders as part of your routine reporting process?

a) Disclosures follow a globally recognized framework and are verified by an independent third party.

b) Disclosures follow a globally recognized framework but are not verified by an independent third party.

c) Disclosures are for internal purposes only and results are not publicly disclosed.

d) ESG information has not been disclosed internally or externally.

e) Don't know.

Culture

9. Are ESG principles embedded in your organization’s mission, vision, and values?

a) ESG principles are core to our organization and are reflected in our mission, vision, and values.

b) Adding ESG principles to our organization's mission, vision, and values is under development.

c) Currently identifying ESG principles.

d) ESG principles are not part of our organization's mission, vision, and values.

e) Don't know.

10. Does your short-term incentive program and employee performance evaluations include ESG-specific objectives?

a) ESG-specific objectives are part of all evaluations and are tied to short-term incentives throughout all levels of the organization.

b) ESG-specific objectives are part of management evaluations only and are tied to management's short-term incentives.

c) ESG-specific objectives are being considered for inclusion in the short-term incentive plan.

d) Our short-term incentive program does not include any ESG-specific objectives.

e) Don't know.

Stakeholders

11. Has your organization created an inventory of all internal and external stakeholders?

a) A stakeholder inventory is taken at routine intervals for all stakeholders, both internal and external.

b) A stakeholder inventory is taken at routine intervals for internal stakeholders only.

c) Performing an up-to-date stakeholder inventory is on our agenda but is a work in progress.

d) Our organization has yet to complete an inventory of stakeholders.

e) Don't know.

12. Does your organization routinely perform stakeholder consultations?

a) Internal and external stakeholder consultations occur routinely.

b) Internal and external stakeholder consultations have occurred once with no plan to complete on a routine basis.

c) Consulting stakeholders on ESG-related risks and opportunities is on the agenda, but it is a work in progress.

d) There is no plan to consult with stakeholders.

e) Don't know.

13. Has your organization completed a materiality assessment of ESG factors?

a) A materiality assessment of ESG factors occurs routinely and involves internal and external stakeholder input.

b) A materiality assessment of ESG factors occurs routinely but is based on management's interpretation of importance.

c) A materiality assessment is being considered but has yet to be undertaken.

d) A materiality assessment is not yet planned.

e) Don't know.

Operations & Supply Chain

14. Has your organization conducted an assessment of ESG-related risk and opportunities within its supply chain?

a) An assessment of the supply chain has been performed with the specific purpose of identifying ESG-related risks and opportunities.

b) An assessment of the supply chain is underway but not yet complete.

c) An assessment of the supply chain is being considered, but not yet planned.

d) There is no perceived need to conduct an assessment of the supply chain.

e) Don't know.

15. Is your organization changing procurement strategies within your supply chain to align with identified ESG-related risks and opportunities?

a) Our organization is influencing change through procurement activities to mitigate ESG-related risks and take advantage of opportunities.

b) Our organization conducts strategic procurement decisions on material contracts only considering ESG-related risks and opportunities.

c) Our organization is evaluating current procurement activities for potential change, yet no action has yet been taken.

d) Our organization has not considered ESG-related risks and opportunities within the supply chain.

e) Don't know.

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