ESG Center of Excellence
Overview
A center of excellence model to centralize initiatives around ESG across the organization ensures that the focus is ramped up. Across product/service categories of an organization, we see that organizations have launched and successfully implemented a whole suite of initiatives, however learnings and corporate visibility is often missing resulting in rediscovering the wheel or unproductive endeavors. CtrlSpend team will help establish ESG center of Excellence driving the right organizational alignment, bringing best practices across the company together, assess cross-departmental applicability and provide an opportunity to cross-leverage innovative models to drive sustainable practices across functions.
Our Approach
With years of experience in build and run of COE across technology, procurement, supply chain and sustainability, CtrlSpend team follows a customized model to deliver a functioning COE on a Build Operate Transfer basis or help you support run of the COE with our expertise and team experience. We focus on the following key elements in build/run of the COE:
- ESG Program design: CtrlSpend team will work closely with the identified sponsor and leadership members to define measurable objectives and assess the impact delivered for the aligned measures. Leveraging CtrlSpend’s industry expertise and research databases, CtrlSpend team will benchmark and assist in setting ESG goals for the organization. The team will leverage existing tools or provide recommendations and assist you in identifying the best in class, compliant tools to land the ESG COE
- Data model maintenance: One of the key issues we see in large organizations in implementation of ESG initiatives is on ownership of data and creation/maintenance of data models for any new portfolio of tools to ingest and analyse the data. CtrlSpend team will work closely with the leadership to drive data ownership/stewardship for ESG related parameters. We would recommend the required changes to data model across your corporate systems to get them to be ESG ready and subsequently build teams to cleanse, update and maintain the data.
- Compliance: CtrlSpend
- Innovation:
- Knowledge Management
- ESG Capability Academy:
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