Projective Group Earns Bronze in ESG

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by KnowESG
KnowESG_Projective Group Earns Bronze in ESG
Image courtesy of Projective Group

Projective Group has announced that it received a Bronze medal in its first EcoVadis sustainability rating, placing it among the top 16% of management consultancies globally.

This achievement reflects their ongoing commitment to becoming a leader in sustainable business practices.

Projective Group is embedding a comprehensive Environmental, Social, and Governance (ESG) strategy across all aspects of their business. These efforts align with the expectations of their clients, employees, and other stakeholders.

Key Sustainability Achievements

Bronze EcoVadis Medal: Achieved a Bronze medal in their initial EcoVadis assessment. They are now working towards a Silver rating by year-end.

Net Zero Commitment: Set an ambitious goal of achieving net zero emissions across all scopes by 2040, a decade ahead of the Paris Agreement. They are currently formalising this target through the Science Based Targets Initiative (SBTi).

UN Global Compact Signatory: Joined the world's largest corporate sustainability initiative, the UN Global Compact. This demonstrates their commitment to upholding principles related to human rights, labour standards, environmental protection, and anti-corruption.

Supporting Clients' Sustainability Needs

Projective Group has extensive experience helping clients navigate ESG and Sustainable Finance challenges. In the coming year, they will focus on supporting clients with the upcoming Corporate Sustainability Reporting Directive (CSRD) and implementing recommendations from the EcoVadis assessment.

Sustainability – A Core Mission

Projective Group's sustainability initiatives reinforce their mission to promote sustainable growth within the financial sector.

Quotes

Will Thomas, ESG and Sustainable Finance Lead at Projective Group, highlights the growing demand for ESG services: "Over the last couple of years, we have seen a significant increase in client demand for ESG & Sustainable Finance services as a direct result of regulations including the CSRD and SFDR. Through activities such as EcoVadis and commitments to net zero and the UN Global Compact, we are demonstrating that we are on the journey with them and take our own environmental and social impact very seriously.”

Stefan Dierckx, CEO of Projective Group, emphasizes their commitment to sustainability: “We are dedicated to becoming a force for good and have full support from our board and investors, Gimv, who drive a robust sustainability strategy and integrate ESG throughout their investment process. It won’t be easy, but together with our partners, employees, and wider communities, we are fully behind our ambitious sustainability goals as there is no question that it is the right thing to do.”

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Source: Projective Group

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