We develop a deep understanding of the sustainability and social impact landscape in Saudi Arabia, positioning ourselves as a leading provider of sustainability and social impact consulting services.
Sustainability and social impact consulting is a broader term that encompasses social factor consulting as well as other areas such as environmental sustainability and corporate social responsibility.
Social factor consulting specifically focuses on analyzing and addressing social factors that impact business outcomes, such as consumer behavior, cultural values, and lifestyle choices. It aims to improve the customer experience, drive revenue growth, and establish a competitive advantage in the market.
Sustainability and social impact consulting, on the other hand, encompasses a broader range of topics related to the social and environmental impact of businesses. It includes areas such as sustainability strategy, supply chain sustainability, stakeholder engagement, and community impact. The goal is to help businesses operate in a way that is socially responsible, environmentally sustainable, and contributes positively to society.
As consulting firms specializing in sustainability and social impact, we help clients to develop and implement strategies that align with their environmental, social, and governance (ESG) goals. This may include conducting ESG assessments and audits, developing sustainability and social impact plans, and providing ongoing support for sustainability reporting and stakeholder engagement.
Specifically, we can provide clients with the following services:
- ESG Strategy Development: We work with clients to develop an ESG strategy that aligns with their business objectives and reflects their values and commitments. This may include conducting materiality assessments, identifying key performance indicators (KPIs), and developing action plans to achieve sustainability and social impact goals.
- ESG Reporting: We assist clients in developing sustainability reports that provide transparent and accurate reporting on their ESG performance. This may include developing reporting frameworks, gathering data and metrics, and analyzing and interpreting the results.
- Social factor consultancy: Social factors refer to the cultural and societal influences that affect individual behavior and decision-making. These factors can include demographics, values, beliefs, attitudes, and lifestyle. Understanding social factors are critical for businesses looking to market products or services effectively, build strong customer relationships, and create a positive organizational culture. As a consulting firm, we understand that social factors play a critical role in shaping organizational success. We offer a range of services to help our clients address social factors and achieve their goals.
- Firstly, we conduct comprehensive social impact assessments to identify the potential social risks and opportunities associated with our client’s operations. Our team of experts has extensive experience in stakeholder engagement, community outreach, and impact measurement, enabling us to provide actionable insights to improve social outcomes.
- Secondly, we offer tailored solutions to address social challenges and drive positive social impact. This includes developing and implementing social responsibility strategies, enhancing diversity, equity, and inclusion (DEI) practices, and supporting community development initiatives. Our solutions are designed to align with our client’s core values and business objectives, enabling them to create sustainable social value.
- Thirdly, we provide training and capacity-building services to help our clients embed social factors into their organizational culture and operations. We work closely with our clients to develop customized training programs that build awareness, skills, and knowledge of social issues and equip their employees to make a positive impact.
- Stakeholder Engagement: We help clients engage with key stakeholders, including investors, customers, and employees, to build trust and improve transparency around their ESG performance. This may involve developing stakeholder engagement plans, conducting surveys and focus groups, and analyzing stakeholder feedback.
- Sustainability and Social Impact Assessments: We conduct assessments of a client’s sustainability and social impact performance, identifying areas of strength and weakness and making recommendations for improvement. This may include conducting site visits, reviewing policies and procedures, and analyzing data and metrics.
- Sustainable Supply Chain Management: We help clients manage their supply chain sustainability risks by developing sustainable procurement policies, conducting supplier assessments, and providing training and support for suppliers.
In order to differentiate ourselves from the competition and offer our services to the market, we leverage our expertise and knowledge of the local market to provide tailored solutions to clients. We also stay up-to-date on the latest trends and best practices in the industry and provide thought leadership on sustainability and social impact issues to help clients stay ahead of the curve. By offering a comprehensive suite of services that address the full spectrum of ESG issues, we position ourselves as trusted advisors and partners to our clients, helping them to achieve their sustainability and social impact goals while creating value for their stakeholders.
Examples of our work
Sustainability Strategy Development for a Government Agency:
We worked with a government agency to develop a sustainability strategy that aligned with their goals and values. Our team conducted a comprehensive assessment of their operations and identified key areas for improvement in terms of environmental sustainability and social impact. We then developed a tailored sustainability plan that included specific goals, action plans, and KPIs to monitor progress. Our ongoing support enabled the client to implement their sustainability plan successfully, achieve their goals, and make a positive impact on their community and environment.
Environmental Sustainability Strategy for a Retail Company:
We worked with a retail company to develop an environmental sustainability strategy that aligned with their business objectives and values. Our team conducted a thorough assessment of the company’s operations and identified opportunities to reduce their environmental footprint, such as improving energy efficiency, reducing waste, and sourcing sustainable materials. We developed a customized strategy that included specific goals, metrics, and action plans to achieve their environmental sustainability targets. We also provided training and support to their employees, enabling them to adopt environmentally sustainable practices in their daily operations. Our environmental sustainability strategy helped the client reduce costs, improve brand reputation, and mitigate environmental risks while contributing to the broader goal of achieving environmental sustainability.
ESG Reporting for an Investment Fund:
We worked with an investment fund to develop a comprehensive ESG reporting framework that aligned with their investment strategy and goals. Our team conducted a thorough analysis of their portfolio holdings and identified ESG risks and opportunities. We developed a customized reporting framework that included specific metrics and indicators to measure the ESG performance of their investments. Our ongoing support enabled the client to integrate ESG considerations into their investment decision-making processes, attract ESG-minded investors, and enhance their reputation as a responsible investment firm. Our reporting framework also enabled the client to comply with emerging regulatory requirements related to ESG reporting, ensuring their long-term sustainability and success in the financial industry.
These examples demonstrate our expertise in providing customized solutions to address sustainability, social impact, and climate change issues for clients across different industries. By partnering with us, clients can leverage our knowledge and experience to develop and implement sustainable strategies that align with their values and goals, improve their ESG performance, and make a positive impact on their communities and environment.
GICC has proven experience, expertise, relevancy, and wisdom across top industries such as public, utility, telecom,
and private sectors.