ESG, Sustainability & Climate

Together we can make an impact that matters

The decisions we make today can impact the quality of life for the generations to come. A better future is entirely possible, but it will require a profound and lasting change in attitudes and behaviors. And it will depend on sharing knowledge and experience more broadly than ever before. Deloitte helps organizations make progress on their journey toward long-term sustainability and value creation.
Together, let’s reimagine the way we work – and build vibrant economies that are sustainable well into the future.

Enabling a business imperative

Many organizations are facing growing pressure from investors, regulators, consumers and internal stakeholders to set ambitious carbon reduction targets and implement abatement strategies. According to the Deloitte 2023 CxO Sustainability Report, many CxOs ranked climate change as a “top three issue” and 75% said their organizations have increased their sustainability investments over the past year. However, moving from strategy to action can be overwhelming and confusing, and over a third of organizations haven’t implemented more than one of five “needle-moving” sustainability actions.

How Deloitte helps organizations toward a more sustainable future

For over 20 years, Deloitte has helped organizations make progress toward delivering sustainable value for their stakeholders – from investors, customers and business partners, to regulators, governments, and communities. Deloitte serves organizations as they redefine their strategies, embed sustainability into their operations, meet disclosure and regulatory requirements and helps them accelerate the transformation of their organizations.
Through innovative approaches, digital solutions, deep industry experience, and lessons learned from our own journey, Deloitte works with organizations to meaningfully embed sustainability into decision-making and operations.

Our ESG, Sustainability & Climate services:

We help organizations develop and implement comprehensive strategies that embed environmental, social, and governance (ESG) factors in their business models and operations.
 

We work with organisations to accurately measure, track, and report their sustainability performance and ESG metrics to stakeholders, enhancing transparency and accountability and responding to regulatory requirements.

We help companies develop tailor-made approaches to prepare their corporate governance functions (compliance management, risk management, internal control, internal audit) for ESG requirements.

We support organizations in identifying their sources of GHG emissions, quantifying their carbon footprint across the entire supply chain and defining the abatement options that create both environmental and financial benefits.

We help financial institutions implement robust ESG data management frameworks aligned with the regulation, assess and manage their exposure to ESG and climate risks, set up sustainable financing frameworks and launch new products.

We assist governments and international development organisations in adopting and implementing sustainable policies and projects that drive the green agenda in private sector.

We support companies in screening and managing risk in their entire supply chain by leveraging data, technology, partnership models, operational excellence and best practice governance.

We guide companies in transitioning to a circular economy model, where resources are used more efficiently, waste is minimized, and products are designed in a way to promote sustainability and reduce environmental impact.

We guide start-ups and SMEs on their sustainable innovation journey, through the sustainable business model redesign, capacity building support and sustainable business optimization.

Key figures

• 20+ years of experience in sustainability advisory
• 100+ sustainability experts in Central Europe
• 100+ ESG reporting projects (GRI, IIRC, SASB, TCFD)
• 1,000+ sustainability projects delivered

Partnerships

Our technology solutions

GreenSpace Tech by Deloitte

GreenSpace Tech navigates the rapidly changing climate tech landscape and identifies opportunities for organizations to both decarbonize and create a sustainable competitive advantage.

GreenLight Solution by Deloitte

A true end-to-end sustainability solution that unlocks a clear, actionable path to net-zero emissions. Step by step, you can transform strategy into action, and start working to reduce your company's carbon footprint in weeks, not months.

D-Carb

D-Carb enriches your Supply Chain Planning process with carbon footprint data, in order to support business decisions on your journey to decarbonisation. It allows you to walk the talk by providing the missing link between your climate strategy and your day-to-day planning activities.

Deloitte CE is an accredited Carbon Disclosure Project (CDP) partner on climate change and an Science-Based Targets (SBT) Advisory Partner in Central and Eastern Europe. CDP accredits leading providers of Environmental services worldwide in order to provide organisations with high-quality support in disclosing non-financial data. Accredited providers help companies that disclose information to CDP identify gaps in their Environmental reporting and identify new opportunities to become leaders in the field of Environmental sustainability.

Deloitte is a long-standing strategic partner of the World Economic Forum (WEF). Drawing on Deloitte’s experience and capabilities from across our network, we help WEF address critical global challenges through our contributions to WEF communities, initiatives, and participation in events throughout the year - including the Annual Meeting at Davos. As a strategic partner, we work with a broad spectrum of global decision makers to develop frameworks, ideas, and approaches that address some of the world’s most pressing and complex challenges. Deloitte Global CEO is a member of the World Economic Forum’s Alliance of CEO Climate leaders.

Deloitte partners with Rocky Mountain Institute (RMI), a leading nonprofit dedicated to accelerating the global energy transition, on a Sustainable Systems Initiative to help organizations challenge linear thinking and embrace the disruptive actions that can help create long-term value. The first in a series of reports, "Systems Transformation for a Sustainable Future," helps guide businesses on how to adopt systems thinking to urgently drive corporate climate action. The joint report outlines a new approach to support leaders as they rethink and reinvent to thrive in the transition to a climate-aligned economy, which is well underway.

Our latest insights

Deloitte 2023 CxO Sustainability Report

Over the last year, global executives have faced a number of challenges, including economic uncertainty, geopolitical conflict, supply chain disruptions, and talent shortages, among others. Despite these headwinds, concern over climate change continues to be a top priority for CxOs and their organizations.

The turning point

A Global Summary

Time is no longer running out to act on climate change; it’s up, and the global economy is at a crossroads. But, if the world acts now to rapidly achieve net-zero emissions by mid-century, the transformation of the economy would set the world up for stronger economic growth by 2070. Such a transformation could increase the size of the world economy by $43 trillion in net present value terms from 2021-2070. We have the technologies, business models, and policy approaches today to deliver rapid decarbonization and limit global warming to as close to 1.5°C by century’s end. We cannot afford to waste another year, another month, debating the merits of doing something versus doing nothing. As leaders, every choice, every day is a chance to speed the realization of that vision.

Systems change for a sustainable future

Rethinking corporate climate strategy

Climate change is transforming the global business landscape, but many corporate leaders continue to underestimate the speed and scale with which the shift to a low-emissions economy is likely to unfold—and they are failing to recognize the substantial business opportunity associated with the transition. As leaders shift from ambition to action, understanding and accelerating systems transformation will be crucial. Explore a framework that can help organizations design a corporate climate strategy to drive change and create new value in the climate-aligned economy.

The Global Circularity Gap

The global economy has fallen to be 7.2% circular.

Circularity poses opportunity to relieve planetary pressures progress to climate goals, and create thriving societies.

Damir Vukotić

Risk Advisory Partner in Charge for Deloitte’s CE South Region

Damir is a partner in Deloitte’s office in Zagreb, responsible for further developing the Financial Industry Risk & Regulatory service line for CE South Region (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Montenegro, North Macedonia, Serbia, and Slovenia).

He brings more than 15 years of experience from the banking industry, given his work in large international banking groups in Vienna, Austria.

Damir has hands-on experience in managing regional projects with the goal of enhancing different elements of risk management frameworks and aligning them with regulatory standards. His fields of expertise are risk organization transformations and establishment of systems of controls, model governance, design and implementation of different digital solutions used in risk management practice (e.g., Early warning systems, Model risk Management, Fraud management, Collateral management, Datawarehouse’s, Default management), Business intelligence and Data management, Rollouts of Internal Rating Based approaches, Fraud prevention and whistleblowing, etc. He has a deep understanding of the region and its banking environment.

Damir graduated from the Bluefield University in Bluefield, Virginia, USA and completed his Master’s Degree in International Business of the School of Economics and Business in Sarajevo, Bosnia and Herzegovina, and an MBA of School of Business Management in Turin, Italy.

Muhamed Semić

Director, Risk Advisory

Muhamed Semić is a Director and Head of Consulting and Risk Advisory services Bosnia and Herzegovina as well as the International Donor Organization Sector Leader for Central Europe South region. He has more than 14 years of experience in sustainability services, management consultancy, financial and ICT industry, with focus on private sector support in the region through international development projects, market growth, implementation of relevant industry practices in an organization etc. His major area of expertise includes green economy, circular economy, sustainable innovation, renewable energy, resource efficiency, digital innovation etc.

Muhamed has been a project manager / lead expert for several large sectoral development projects for different clients such as World Bank, UNDP, EBRD, GIZ across the Western Balkan region, and is experienced in coaching and guiding of SMEs on different topics such as sustainability, circular economy, ESG, green economy etc. He is also experienced in supporting the financial sector clients, commercial banks and board members across the Western Balkans on developing ESG strategies and green lending support.

He participated at the 2019 UNLEASH program held in Shenzhen, China where he held the role of a facilitator, working extensively with young teams on SDG 9 focusing on industry development and innovation and creation of new solutions. He is a frequent conference panelist and speaker on the topic of green economy and sustainability and recognized subject-matter expert in this area in the BiH and Western Balkans.

Sema Čorbo-Lindov

Senior Consultant, Risk Advisory

Sema is a Senior Consultant with more than 4,5 years working with the International Donor Organizations and the public sector on the large sectoral and international development projects related to private sector support, circular economy, ESG, economic development, sustainable innovation, capacity building, as well as green and circular transition.

Throughout her experience at Deloitte, she has been managing projects & teams, and collaborating and building partnerships with different private and public sector stakeholders in the region. She is experienced in coaching, mentoring and training SMEs on innovation, circular economy, ESG and sustainable development, as well as developing case studies for new sustainable solutions, SDG impact measurement and transformation roadmaps towards circular business models. She is the co-author of two Circular Economy Roadmaps of the Western Balkan countries and has led and provided subject-matter expertise in the areas of sustainable resource management, waste and water management for the Financial evaluation of Environmental Strategy and Action Plan for BiH. She is experienced in developing ESG strategies for the financial sector and educating board members on the ESG, circular economy and sustainable development topics.

She is also involved in the NGO sector and is an environmental activist and Project Coordinator for BiH for the global Let’s Do It project and conference panelist for the EU funded NextGen project on the topics of circular and green economy, civic movements and sustainable development.