With increasing competition across all markets, environmentally-friendly operations offer a powerful way to differentiate a business. This was the driving force behind our client’s ambition for a commercially competitive sustainability strategy.
The client, a leading electrical distributor in the US, was looking to gain a competitive advantage in a consolidating US market by positioning itself as a sustainability leader in the field. With this background, the client sought support to identify the company’s sustainability focus areas in the next 3-5 years to inform their overall sustainability strategy and targets.
230
External stakeholders, suppliers, and employees engaged in the project.
25
In-person interviews conducted with employees, supplier and customers.
$90m
Level of engaged customer revenue in the project
The initiative
The key objectives for the engagement:
- Conduct a robust ESG, commercial and operational (ESGCO) risks & opportunities assessment
- Perform a CSRD aligned double-materiality assessment (DMA) that identifies and prioritises focus areas
- Build a sustainability operating model that lays out targets, governance model, and data frameworks
Xynteo’s role
Market assessment and analysis:
- Built comprehensive overview of the industrial and electrical distribution market
- Conducted a CSRD-aligned double materiality assessment against 50 ESG factors
Stakeholder engagement:
- Brought together and aligned 25 internal stakeholders
- Engaged key suppliers and customers in the process (>12% of annual spend and revenue)
Toolkit development:
- Produced a comprehensive data collection tool
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