Building lasting value through responsible business practices
The Middle Way Pty Ltd is a specialist, independent consultancy that assists clients in commerce and government across Australia to:
- identify and prioritise their environmental, social and governance (ESG) topics when developing their business plans;
- analyse the implications of relevant ESG laws or policies released by government or relevant industry bodies;
- develop non-financial performance indicators for their core activities and assets and benchmark them against international frameworks;
- disclose non-financial information on the performance of the organisation.
Enhancing corporate reputation
Organisations that voluntarily disclose relevant non-financial influences on their performance have been shown to improve their reputation and credibility with their investors, customers, suppliers and corporate regulators.
Many of these stakeholders reasonably seek timely assurances about the organisation’s ongoing capabilities, and especially its resilience during times of change or high-risk circumstances.
The latter is particularly topical. An enormous global effort is underway to respond to two immediate force majeure threats, namely the COVID-19 pandemic and climate change. Collectively, they are having a global impact that is unprecedented.
Each presents its own set of challenges for all organisations – the pandemic as an immediate health and economic crisis; and climate change that is now well established as generating a progressive and fundamental alteration to all aspects of life on earth.
To be successful, organisations in all industry sectors will not only need to adapt to to the consequences of both threats, but also communicate strategically about how they are responding in the short and medium terms to ensure their future viability.
We work with clients to identify pathways for designing and implementing measures to address the ESG challenges they face.
The process capitalises on those attributes of the client’s activities that highlight its commitment to perform in a socially responsible manner. It also provides the opportunity to discuss how it maintains the flexibility needed to address emerging challenges.
Each sends vital signals to the increasing number of major investment houses that carry out risk assessments on their asset portfolios, to minimise their exposure to potential non-financial causes of value destruction.