The Objective
Engineering and mining contractors NRW had already established a strong foundation for their ESG governance but wanted to improve their sustainability strategy and reporting scope. Working with Futureproof, the company set about strengthening their alignment to international reporting frameworks, gathering stakeholder views on sustainability priorities and enhancing data and climate-related disclosures.
The Work
Futureproof conducted a stakeholder engagement and materiality assessment to ensure NRW’s material topics accurately reflected stakeholder views. We developed custom data collection templates and a content index to improve alignment with the new GRI Standards.
NRW also wanted to ensure they were addressing their climate risks. Futureproof reviewed NRW’s progress on TCFD alignment and provided recommendations for future actions. The team prioritised UN SDGs and mapped material topics indicators against relevant indicators. Finally, we reviewed NRW’s Sustainability Report and provided recommendations for report structure, flow, highlights and story-telling elements.
The Result
NRW’s stakeholder survey achieved a 61% response rate and provided valuable feedback from a broad range of stakeholders across different business units. In addition, Futureproof developed a new GRI, TCFD and UN SDG content index, improving alignment to these standards and frameworks. Climate risk was a special focus of the report, with new disclosures added for TCFD and GRI Standards.
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