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IROs: Professional & Commercial Services (SPC)
Jasper Akkermans avatar
Written by Jasper Akkermans
Updated over 4 months ago

ESRS E1 - Climate change

Topic

Climate change

Sub-topic

Energy

Sub-sub-topic

IRO

Impact - potential positive

Location

Own operations

Time-frame

Medium-term

Title

Renewable energy in offices reduces carbon footprint.

Example

Deloitte has committed to sourcing 100% renewable electricity for its global operations by 2030. They are installing solar panels and purchasing renewable energy certificates to reduce their carbon footprint significantly.

Reference

Deloitte Global Impact Report, 2023

ESRS E3 - Water and marine resources

Topic

Water and marine resources

Sub-topic

Marine resources

Sub-sub-topic

Extraction and use of marine resources

IRO

Opportunity

Location

Downstream

Time-frame

Long-term

Title

Protecting marine resources can increase eco-tourism.

Example

Protecting marine ecosystems can benefit tourism and recreational services, increasing their popularity and thus financial success.

Reference

Coolset, 2024

ESRS E4 - Biodiversity and ecosystems

Topic

Biodiversity and ecosystems

Sub-topic

Impacts on the extent and condition of ecosystems

Sub-sub-topic

IRO

Opportunity

Location

Own operations

Time-frame

Long-term

Title

Eco-projects enhance company reputation.

Example

Engaging in ecosystem restoration can improve company reputation and environmental impact. Many professional companies are investing in restoration projects to rehabilitate damaged ecosystems.

Reference

Professional & Commercial Services Sustainability Report, 2023

ESRS S1 - Own workforce

Topic

Own workforce

Sub-topic

Equal treatment and opportunities for all

Sub-sub-topic

IRO

Opportunity

Location

Own operations

Time-frame

Short-term

Title

A diverse workforce enhances innovation.

Example

Diverse workforce composition has been shown to enhance innovation and diversity of thought. PwC is committed to increasing diversity in its workforce to drive creativity and performance.

Reference

PwC Sustainability Report, 2023

ESRS S4 - Consumers and end-users

Topic

Consumers and end-users

Sub-topic

Information-related impacts for consumers and/or end users

Sub-sub-topic

IRO

Risk

Location

Downstream

Time-frame

Medium-term

Title

False information poses reputational damage to the business.

Example

A professional services company offers a smart AI Analyst feature on the platform, and employees use ChatGPT (Open AI) internally to improve efficiency. Whilst AI can provide efficiency benefits, there is a risk of false or inaccurate information misleading customers. This could have negative reputational damage for the business and could negatively impact customers.

Reference

Position Green Report, 2023

ESRS G1 - Business conduct

Topic

Business conduct

Sub-topic

Corporate culture

Sub-sub-topic

IRO

Opportunity

Location

Own operations

Time-frame

Long-term

Title

A diverse board improves company governance and reputation.

Example

Diverse board composition can improve governance and decision-making, as well as company reputation. PwC aims for a diverse board with varied expertise and backgrounds.

Reference

PwC Sustainability Report, 2023

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