ESG Disclosures Are Rising To The Same Level Of Importance As Financial Disclosures.
Therefore, Companies Today Must Have A Fact-Based, Investor Grade, Data-Led Approach To Managing ESG And Impact.
ESG has become central to corporate strategy, profitability and valuation. Yet, companies are challenged when navigating through this massive transition with fragmented ESG knowledge, a lack of critical insights, and no comprehensive tool bringing the puzzle pieces together.
WE ARE CHANGING THAT.
Our methodology aligns with ISSB , SASB, TCFD, follows general accounting principles is verified and 3rd party auditable.
Demand for sustainability and ESG information is steadily increasing and becoming a regulatory requirement. Therefore business leaders need a way to evaluate, measure, manage and communicate to stakeholders ESG strategies, risks and performance relative to material ESG issues. *ESG Scores are that measure.
The current problem is ESG scores are largely derived by outside analysts and artificial intelligence algorithms searching the internet for company-related ESG practices and reports associated with that company. These scores are subjective at best and leave companies vulnerable and at high risk due to misinformation, inconsistent, not auditable, and inaccurate ESG scores.
The Impakt IQ ESG Assessment, Statement, and Score Report (IIQ ESG Report) changes that.
The IIQ ESG Report is to ESG what a Financial Report is, relative to finance. Our Report when viewed alongside your financial statement, provides true holistic insight into critical financial and reputational risks, and value creation opportunities, of your organization.
The foundation of our methodology is based on the most relevant ESG frameworks in the world: Task Force For Climate Change Disclosure (TCFD), Sustainability Accounting Standards Board (SASB), International Sustainability Standards Board (ISSB), and the SEC.
*An ESG score is the measure of a company's exposure and management of environmental, social, and governance, relative to risk/opportunity, performance, governance, and leadership.
"At Tree Range Farms, we knew we needed to engage in the ESG disclosure process because demonstrating how we are different – and better – is the foundation of our business model’s potential success. With specific metrics for the right practices and a plan for how to improve them, our employees, customers, and investors will have faith in our brand story and support our growth.
The pleasant surprise about Impakt IQ was the team’s ability to delve into our highly specialized and unique livestock and food business, identify material issues, and understand our approach within the context of our business ecosystem. From there, Impakt IQ provided us with extensive, detailed questionnaires to capture our leadership’s ESG awareness, strategies, and targets across many different business functions. That process proved critical to expanding our own understanding of our business. Now everyone at Tree Range Farms remains mindful of the importance of the long-term strategic ESG disclosure process while undertaking the alignment between the ESG framework, their day-to-day duties, and how this can result in the ultimate goal of building a truly regenerative, best-of-its-kind, food company.
Of course, we are thrilled with our starting scores and our ESG assessment and impact statement. We also know exactly where to focus, and how to show year-over-year improvement. The whole ESG process undertaken with Impakt IQ is now recognized as part of our core company culture. Thanks, Impakt IQ!"
Reginaldo Haslett-Marroquin - CEO, Tree Range Farms