Corporate Sustainability

We help organizations ensure that they, along with their partners, maintain efficient and manageable processes and systems that comply with stakeholder requirements in areas such as quality, health and safety, environmental management, corporate social responsibility, and other facets of sustainable development.

As the demand for environmental, social, and governance (ESG) initiatives grows, organizations must demonstrate a commitment to sustainability, uphold strong ethical standards, and operate responsibly in all aspects of their business. Companies are increasingly turning to their partners and leveraging technology to embed sustainability into their operations, creating new sources of value while staying true to their values.

Our dedicated teams possess deep experience and industry expertise, helping businesses develop and implement strategies, operating models, processes, and technologies to achieve their sustainability goals. Now is the time for collaboration—businesses must partner with governments and society to reimagine, rebuild, and transform our global economy into one that benefits all stakeholders.

Our services include

  • Environmental and Social Due Diligence
  • Environmental and Social Risk Management Systems
  • Building Sustainable Strategies
  • Stakeholder Engagement

Environmental, Social & Governance (ESG)

Environmental, Social, and Governance (ESG) refers to the three central factors used to measure the sustainability and societal impact of a company or business investment. ESG metrics are increasingly being applied by investors as part of their analysis process to identify material risks and growth opportunities.

While ESG issues are not always part of mandatory financial reporting, companies are increasingly disclosing them in annual or standalone sustainability reports. ESG concerns present shared risks to development institutions, communities, businesses, cities, governments, and society at large, providing strong incentives for innovation and collaboration.

As the investment community moves from questioning whether to adopt ESG principles to determining how to implement them, institutions like the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI) are working to integrate these factors into the investment process.

Why ESG Matters

Today, companies face new challenges in generating profit at an unprecedented pace and scale.Growing  social tensions and escalating environmental issues pose significant risks to business survival. Consequently, there is a greater demand for corporations to effectively manage ESG issues. We assist businesses and investors in assessing the risks and opportunities associated with ESG policies and help them navigate the public and political expectations that drive these initiatives. Our services include:

  • Developing ESG Strategies
  • Monitoring and Communicating ESG Performance
  • Conducting ESG Due Diligence for Investors
  • Performing Compliance Assessments

ROAD TO NET ZERO

In today’s business landscape, the term "pathway to net zero" has become increasingly prevalent. With greenhouse gas (GHG) emissions no longer a fringe concern, a growing number of consumers, investors, and governments are keenly interested in how businesses plan to achieve net zero.

New Direction

Regulatory authorities worldwide are responding to the need for greater action on GHG emissions. New legislation mandates that organizations report their carbon footprints. Investors, too, are shifting their focus—while financial materiality remains core, environmental, social, and governance factors are now integral to decision-making. GHG emissions and a company’s ability to meet climate pledges are fundamental to this assessment.

Verified GHG emissions inventories ensure your data's accuracy and enable transparent disclosure of
your progress towards meeting net zero targets.

GHG MANAGEMENT

Managing greenhouse gas emissions and monitoring GHG reporting is a critical step in any organization’s journey toward decarbonization.

GHG Inventory

A greenhouse gas inventory is a comprehensive list of emission sources, quantified using standardized methods. Our GHG Inventory Service helps organizations better manage their carbon footprint by quantifying and reducing emissions. Our team supports clients in developing GHG inventories that adhere to ISO 14064 and/or the GHG Protocol, ensuring alignment with your environmental objectives.

Objectives:

  • Managing GHG risks and identifying reduction opportunities
  • Participating in voluntary or mandatory GHG programs
  • Engaging in GHG markets
  • Achieving recognition for early voluntary action

Inventory Development Process:

  • Review accounting standards and methods, determine organizational and operational boundaries, and choose a base year.
  • Identify sources of emission.
  • Collect data and quantify GHG emissions.
  • Present data for discussion at the corporate level.
  • Set a GHG emission reduction target and track and report progress.

GHG Management Plan
This plan identifies management and mitigation measures to minimize emission impacts. It includes:

  • A series of management actions to avoid, reduce, and offset emissions.
  • Establishing interim emission targets and revising aspirational long-term emission reduction goals.
  • Complying with all Federal and State laws regulating greenhouse gas emissions.

Science-Based Targets (SBTs)

Science-based targets are ambitious carbon reduction goals aligned with the latest climate science. Our SBTi Advisory Service guides organizations through every step of setting and achieving carbon reduction goals, ensuring alignment with critical global benchmarks.

OSTEN VERIFICATION

Osten GHG emissions verification complies with ISO 14064-3 requirements. The GHG inventory must be verified annually to demonstrate progress against defined targets, adhering to internationally accepted standards such as ISO 14064-1 or the GHG Protocol.

GREENHOUSE GAS EMISSIONS SOLUTIONS

Since 1998, following the adoption of the Kyoto Protocol, we have developed specialized GHG verification and advisory services. Our services consider all aspects of a business’s approach to GHG management, catering to companies of all sizes across various industry segments.

Our Services Include:

  • Voluntary Carbon Market (VCM) services for GHG project validation and emission reduction verification.
  • Compliance verification under ISO 14065 accreditation for a range of emissions schemes, including the European Union Emissions Trading System (EU ETS).
  • Disclosure and reporting services, including GHG emissions inventories and product verification against internationally accepted standards such as ISO 14064-1, GHG Protocol, PAS 2060, and PAS 2050.
  • Carbon footprint services to help businesses develop verifiable organizational or product carbon footprints, identify cost-saving opportunities, and establish a GHG emissions reduction roadmap.

CLIENT BENEFITS

Clients partnering with OSTEN for GHG emissions verification enjoy numerous benefits, including:

  • Identification of risks, errors, and omissions, alongside an assessment of their impact onmateriality.
  • Expert recommendations for improving compliance.
  • Greater consistency and harmonization across operating companies through standardized checks.
  • Immediate access to laboratory and measurement specialists to address potential issues.