Protect your brand from ESG risks
Assess, Prioritize, and Manage ESG Risk
Assess ESG Risks
Identify and assess the severity of any ESG risks facing your business with Good.Lab’s streamlined approach.
- Engage a targeted set of stakeholders
- Assess material ESG risks & opportunities
- Rate the impact of ESG risks & opportunities
Prioritize ESG Risks
Get a risk priority matrix along with expert recommendations to focus your team on key opportunities to mitigate material ESG risks.
- Gain insight into the potential impacts of each ESG risk
- Build leadership consensus on risk assessment outputs
- Get recommendations on managing critical risks and potential areas of strategic focus
Bolster ESG Strategy
Incorporate ESG risks into your broader risk management plans and prepare to address them by building your roadmap for ESG success.
- Integrate risk assessment outputs into ESG strategy & Enterprise Risk Management
- Set ESG targets that mitigate ESG risks and advance impact
- Conduct gap analysis to uncover areas to include in ESG performance improvement roadmap
Identify ESG Risk and React Accordingly
No matter the size of your company, your industry, whether or not you already have a risk management framework in place, Good.Lab can help your company to assess its ESG risks and opportunities.
With mandatory ESG disclosures on the horizon, simply disclosing ESG risk isn’t the same as preparing your response. Good.Lab helps companies evaluate ESG risks and build a strategic roadmap to navigate those risks.
Enhance ESG performance
Proactively comply with regulations
Respond to investors and other stakeholders
Define ESG Materiality
Good.Lab helps your stakeholders to reach consensus on ESG topics by conducting your Materiality Assessment and then engages a targeted set of your stakeholders to assess risk in each area.
Address ESG Risks
Good.Lab helps you to assess, prioritize and manage material ESG risks facing your business and incorporate the resulting analysis into your broader ESG and ERM strategies.
Enhance ESG Performance
Good.Lab leverages the findings from your performance baseline and ESG assessments to help you set realistic, yet achievable ESG targets, along with the plans and guidance to achieve your goals.
Plan for any threats that may be in your blind spot.
Reach out to learn how Good.Lab can help your company address potential ESG risks and comply with requests for your risk assessment analysis.Let’s Talk
ESG Risk Assessment Frequently Asked Questions (FAQs)
An ESG Risk Assessment Tool is a software or tool utilized to assess and quantify the Environmental, Social, and Governance (ESG) risks connected to a company or investment. It aids in the identification, measurement, and management of ESG risks and opportunities, empowering organizations to make well-informed decisions and enhance their sustainability performance.
An ESG Gap Analysis Tool is a software or tool designed to identify the gaps between a company’s current ESG practices and desired ESG goals or industry best practices. It helps organizations assess their ESG performance, identify areas for improvement, and develop strategies to bridge the gaps. This tool enables companies to align their operations with sustainable practices and meet the growing demand for responsible and ethical business conduct.
A: ESG risk solutions refer to strategies, tools, and methodologies aimed at managing and mitigating Environmental, Social, and Governance (ESG) risks faced by organizations. These solutions encompass a range of practices, including risk assessment, data analytics, compliance management, stakeholder engagement, and sustainability reporting. ESG risk solutions help companies identify and address potential risks, enhance their reputation, and create long-term value by integrating sustainability into their business strategies.
ESG risk software is a digital solution designed to support organizations in managing and analyzing their Environmental, Social, and Governance (ESG) risks. It provides functionalities such as data collection, risk assessment, performance monitoring, and reporting, enabling companies to systematically evaluate, track, and report on their ESG performance. ESG risk software helps organizations streamline their ESG management processes, enhance transparency, and improve decision-making related to sustainability.
An ESG risk analysis report is a comprehensive document that assesses and communicates the Environmental, Social, and Governance (ESG) risks associated with a company or investment. It provides an analysis of the organization’s ESG performance, identifies potential risks and opportunities, and offers recommendations for improvement. The report typically includes data on environmental impact, labor practices, corporate governance, community engagement, and other relevant ESG factors. ESG risk analysis reports help stakeholders make informed decisions and evaluate the sustainability of an organization.