Sustainability
Sustainable Development at the Heart of Corporate Strategy
Recent years have been marked by an increase in extreme climatic events, highlighting the urgent need for businesses to address climatic and societal emergencies. Wavestone’s Sustainability Consulting helps organizations integrate these considerations into their economic activities effectively.
For major companies and institutions, this climate and societal emergency highlights major risks, coupled with opportunities for strategic differentiation that challenge the rules of the game, established business relationships, and strategic positioning:
- European Green Deal
- Legislative « Fit for 55 » Packet
- CSRD directive on non-financial reporting methods
- Energy Efficiency
- Massive Infrastructure Investment Plan in the United States (US Infrastructure bill), etc.
- New rules and practices for accessing capital and analyzing investment opportunities
- New business activity classifications (European taxonomy, Socially Responsible Investment – SRI), etc.
- Pressure from various stakeholders (internal teams, NGOs, and other civil society players)
- Crisis risks involving key players in the value chain: suppliers, competitors, etc.
- Gradual change in preferences in both B2B and B2C markets
- Consumer demands and expectations: transparency and traceability of environmental and social impact measures, circular economy, etc.
In addition to the challenges of strategic differentiation, companies are facing greater challenges in terms of operational continuity and therefore the sustainability of their activities, in a context of growing interdependence between value chains and the services provided by ecosystems (raw materials for industry, regenerative capacities for essential networks, recreational areas for tourism…).
This situation is prompting companies, and more broadly all economic players, to make far-reaching changes and develop new reflexes when it comes to assessing their impact. Firstly, as a duty (corporate citizenship), but also to achieve a positive contribution and thus:
For example, by developing a high value-added offering and customer experience, providing concrete answers to new societal expectations.
By improving energy efficiency, for example, we can reduce our environmental footprint, cut costs, and unlock new investment opportunities.
By attracting and retaining talent, for example, through a responsible and committed employer brand.
Proven Expertise to Help you Define and Implement Sustainable Transformations
Faced with the urgency and necessity of action, we have over 20 years’ experience in transformations linked to ecological and societal transitions, in France and internationally. We can support you in:
Designing and implementing your sustainable strategy
- Assessing the impact of activities on nature and society
- Stakeholder relations, strategic vision and purpose
- Integration of issues into corporate strategy (short, medium, and long term)
- Co-construction of new business models, value sharing
- Competitive analysis, benchmarking, and market studies
Supporting the implementation of your sustainable transformations
- Definition and management of transformation programs
- Stakeholder governance & organization
- Integrated financial and non-financial management (ESG KPIs)
- Involvement and coordination of critical corporate functions
- Change management
Partnerships in Sustainability Consulting
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