In today’s business world, having a strong sustainability strategy isn’t just nice to have—it’s essential. When aligned with a company’s overall goals, a sustainability strategy goes beyond compliance and enhances resilience, drives efficiency, and meets the growing expectations of customers, investors, and communities.
ECOISM’s Sustainability Strategy Framework, developed by Elizaveta S Maslova, draws on insights from the Norwegian Business School, Cambridge Institute for Sustainability Leadership, as well as hands-on experience across European companies at various levels of ESG maturity. This framework brings structured approach to development of integrated sustainability strategy helping organizations not only reduce negative impacts but also embrace growth opportunities.
ECOISM’s framework is more than a checklist; it’s a structured, actionable roadmap to drive meaningful sustainability progress. Every step is supported by targeted models and assessments.
1.Current ESG State: Using the Maturity Model and Green Growth Ladder models, ECOISM guides companies in analyzing current sustainability practices, laying the groundwork for a targeted, high-impact strategy.
2. Materiality Assessment: Utilizing risk assessment, PEST analysis and stakeholder engagement assessments, this step helps to identify and prioritize the most material topics, ensuring that the strategy is aligned with both external factors and stakeholder expectations.
3. Resource Mapping: To ensure that strategy is achievable, this step is used to identify required financial, human, and time resources and explore both internal and external funding opportunities.
4. Data Collection: This step focuses on identifying, collecting and verifying the right data, building a foundation for future transparency.
5. Goal setting & Result Tracking: This step takes us from data to action by using the SMART framework and set of KPIs to establish measurable and relevant objectives, allowing organizations to effectively track progress and make informed adjustments.
6. Non-Financial Reporting: Transparent and accurate communication is essential. ECOISM assists companies in developing comprehensive sustainability reports by utilizing standards and frameworks such as the CSRD and GRI.
Corporate Sustainability Program: Turning Strategy into Action
In addition to its consulting services, ECOISM provides a Corporate Sustainability Program—a practical online program that equips participants with the tools to manage ESG in-house. This program covers every aspect of the ESG landscape, including climate-related risks, sustainable business models, supply chain management, carbon offsetting schemes and responsible communication. Participants gain a comprehensive understanding of the Sustainability Strategy Framework, complete with practical assignments that enhance their learning and offer valuable insights for customizing their strategies.
ECOISM’s Corporate Sustainability Program provides a comprehensive toolkit for businesses ready to integrate sustainability into their operations creating even greater value for the organisation and society through its sustainability efforts.