Gap Analysis

ESG Gap Analysis is a strategic process used by companies to evaluate their performance and commitments in relation to environmental, social and governance (ESG) criteria.

This type of analysis helps identify gaps between the current state of a company’s ESG practices and desired or required standards, thus enabling targeted interventions to be planned to improve corporate sustainability and responsibility.

The objectives of an ESG Gap Analysis are:

1. Identify Gaps: reveal areas where ESG practices do not meet regulatory, market or stakeholder expectations.

2. Improve ESG Performance: provide a clear framework to improve the company's ESG performance through corrective action planning.

3. Comply with Regulations: ensure that the company meets emerging ESG reporting regulations and standards, such as the Corporate Sustainability Reporting Directive (CSRD) in Europe.

The main advantages of this type of analysis are:

•  enhanced sustainability strategy with a clear roadmap;
•  transparency and accountability, attractiveness for investors and customers;
•  prepare for future regulations and reduce compliance risks;
•  alignment with stakeholder expectations to strengthen stakeholder engagement.

ESG Gap Analysis is an essential tool for companies looking to improve their sustainability and responsibility practices. By identifying gaps between current ESG performance and desired standards, companies can develop strategic action plans to close these gaps, not only improving their reputation and compliance, but also contributing to a sustainable future for all.