Our Services
ESG and Climate Strategies
Some of our clients start their sustainability journey with individual measures such as setting up a reporting, a green product or collecting selected data (e.g. GHG emissions data).
Magnolia Consulting helps clients to bundle their activities in a pragmatic strategy and implementation roadmap to achieve ambitious goals by setting priorities and using resources efficiently.
Depending on the progress and maturity of existing or planned activities, we tailor the approach to the needs of our customers.
While we accompany and support some customers on their entire journey from the selection of the standards and market initiatives that are essential/appropriate for them (e.g. such as Global Reporting Initiative (GRI), Principles for Responsible Investment (PRI), Sustainable Development Goals (SDGs)) through planning to the successful implementation of the resulting requirements, we advise others on very specific questions on individual topics (e.g. such as Science Based Targets Initiative (SBTi), Net Zero Banking Alliance (NZBA)).
Possible work packages:
- Overview of relevant market standards and peer analysis to derive the target ambition level
- Gap analysis comparing the existing efforts to the target ambition
- Integration of recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) into the overall strategy
- Development of a (holistic) climate strategy taking into account the double materiality (effect of climate change on the business and the effect of the business on climate change), e.g. by linking decarbonization targets and financial performance
- Development of a plan for the operational implementation climate targets, e.g. with the help of the design of an ESG KPI system
- Support with the operational integration and cross-functional trainings