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Sustainability

 

Our clients represent a cross-section of sectors and business strategies, but most companies are on similar paths towards implementing a more sustainable practice. As trusted advisors on finance, risk, digital transformation, governance, and supply chain etc., we are in a privileged position to be right in the centre of the transformation process. We can look deep into each silo, and we can take a broad perspective and connect all the dots. 

That unique position not only helps our clients move forward but also makes it possible for us to take on the role as bridgebuilders of knowledge between companies. We are all still in the early stages of a very long journey to create a more sustainable future for coming generations, and we need to learn from each other along the way. That is why ESG is at the heart of everything we do: ESG is deeply integrated in our own corporate strategy and in all aspects across our business areas.  

Three focus areas
In the past year, we have made huge progress in three areas. First, we have become a preferred partner for driving change on end-to-end sustainability. Previously, we mainly focused on delivering compliance offerings, innovation or strategy as single-point services in the market. Today, companies use us to help integrate sustainability in every part of their business transformation. They no longer handle sustainability as an afterthought but see it as an integral part of their overarching business strategy. 

Second, we are bringing in the right talent who can push the agenda and meet our ambitious targets. We have 80 consultants who are passionate subject matter experts on sustainability. 

Third, we have been able to use sustainability as a business accelerator in client projects. If sustainability is merely perceived as a compliance exercise, valuable opportunities are wasted, and excitement drops. We are involved in projects where companies build new operating models and create new products based on sustainability. For example, circularity is becoming a business area with growing ecosystems evolving around green innovation.  

A data-driven future
Going forward, we expect continued growth on our sustainability activities in Deloitte Denmark. One of our guiding principles when we work with clients is to stay curious. We might have a formalised understanding of how to work with ESG, but our clients are the ones who face the biggest challenges every day. We want to learn from them and use their accumulated experience to help steer others in the right direction and create winning formulas for implementing sustainability in their core business processes.

Finally, we will continue to have a strong focus on data within ESG and sustainability. Companies are used to navigating by financial data, but we have not yet reached that level of transparency and maturity when it comes to building a data foundation for sustainability. However, the trend is moving in that direction. EU’s Digital Product Passport (DPP), traceability, and digital capabilities that can prove sustainability will be areas of interest for us in the coming years.   

 

 

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