Customized Advisory Services Tailored to Your Unique Needs
Developing cohesive strategies that balance environmental, social and governance objectives and effectively communicate results.
Regardless of the business or asset owned, invested in, managed or operated – from manufacturing to chemicals and pharmaceuticals, industrial, professional services, real estate, power, transit and technology – management of environmental, social and governance (ESG) matters is now a critical part of value protection and enhancement.
Whether for new acquisitions or existing operations, TRC supports our clients’ ESG strategy and reporting needs with customized advisory services focused on enhancing resilience, improving access to capital, assuring credibility, accomplishing goals and metrics and creating value.
Adapt to Change with TRC’s Sustainability Advisory Services
TRC has seen ESG topics rise up the corporate and investor agenda, including concerns about the financial risks posed by climate change, biodiversity loss, environmental justice and diversity and inclusion. Recent regulatory changes from the U.S. Securities and Exchange Commission (SEC) now require more public disclosure than ever before, aligning with foreign policies across Europe and beyond.
Concurrently, the Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD) has issued updated and more robust disclosure guidelines on climate risk and the Sustainable Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) has increased focus on human and social capital issues.
Integrated ESG Consulting Solutions for the Modern Era
The focus on ESG risk management by customers, employees, investors and other stakeholders has accelerated in recent years and is changing conversations in board rooms and raising expectations. Demands for transparency and accountability are key business drivers for ESG/sustainability disclosures, but what should be measured, managed and disclosed varies significantly depending on many factors including the sector, geographies and specific operations of the asset.
The development of taxonomies globally will define sustainable outcomes and move us towards a more decarbonized and circular economy, and for operations like yours, TRC is here to help you ease the transition. Our sustainability advisory services include:
- Strategy Development – Including Materiality Assessments and Benchmarking and Reporting and
- Verification (TCFD, GRI, CDP, SASB, etc.)
- Greenhouse Gas Mitigation and Climate Strategies
- ESG Risk Screening and Due Diligence
Related Materials
Gain insight into the industry’s challenges and opportunities by reading our research reports.
Greenhouse Gas Emissions Inventories
Greenhouse Gas Emissions Inventories Published December 10, 2021
CSRD: Building a Practical Approach
Published November 14, 2024
Connect With Our Sustainability Advisors Today
At TRC, we take a multi-disciplinary approach to integrate global sustainability and ESG frameworks into your operations to manage risk and drive long-term value creation.
Sharing Our Perspectives
Our practitioners share their insights and perspectives on the trends and challenges shaping the market.
SEC Rules in Favor of Climate-Related Disclosures
March 8, 2024
In a long-awaited climate ruling, the Securities and Exchange Commission (SEC) ruled 3-2 in favor of the climate-related disclosures on March 6, 2024.
EPA Proposes Rules for IRA-mandated Waste Emissions Charge for Methane
February 6, 2024
EPA proposed rules to implement the Waste Emissions Charge (WEC) program for facilities that exceed a waste emissions threshold
What You Need to Know about the EU Corporate Sustainability Reporting Directive (CSRD)
January 19, 2024
January 1, 2024, marks the start of the first reporting timeframe for companies in scope of the European Union’s Corporate Sustainability Reporting Directive (CSRD).
New Jersey Implements Landmark Environmental Justice Regulations
August 2, 2023
A new landmark Environmental Justice (EJ) law is now effective in New Jersey following a lengthy rulemaking process surrounding the New Jersey Department of Environmental Protection’s (NJDEP) Administration Order (AO) No. 2021-25. It is the first rule of its kind and the strongest EJ regulation in the nation.
EPA Proposes Regulation of Green House Gas Emissions
July 10, 2023
This article highlights the EPA’s proposed rules to regulate greenhouse gas emissions from power plants and the potential impact on new and existing fossil fuel-fired facilities.
Organizing for Project Success
June 22, 2023
Many organizations are establishing Project Management Organizations (PMOs) to improve project management within their organizations. While there can be many reasons for establishing a PMO, most are established to improve project management with respect to schedule, cost, quality and risk. This article provides an overview of factors to consider when deciding on which type of PMO is most suitable for your organization and how best to implement a successful and high-performing PMO.
New Executive Order 14096 Broadens Environmental Justice Initiatives
May 9, 2023
Executive Order 14096, Revitalizing Our Nation’s Commitment to Environmental Justice for All, seeks to deepen the Biden administration’s “whole-of-government” approach to environmental justice (EJ) by fully integrating the consideration of unserved and overburdened communities and populations into all aspects of federal agency planning and delivery of services.
Proactive Enforcement is Key in the EPA FY2022-2026 Strategy
October 19, 2022
A core element of the EPA FY2022-2026 Strategic Plan focuses on environmental compliance.
Preparing for EPA Inspections in Environmental Justice Communities
October 4, 2022
The EPA Office of Enforcement and Compliance Assurance Have Expanded Goals to Strengthen Enforcement and Protections Within EJ Communities
TRC Companies Inc. welcomes the Founder and Key Principals of ESG Advisory Firm Enzo Advisors, LLC
September 27, 2022
TRC Companies announces the expansion of its Climate Solutions offering and ESG capabilities with the addition of the Founder and CEO, and key members of Enzo Advisors, LLC
Climate Action and Environmental Justice are at the Forefront of EPA’s Strategic Plan
June 14, 2022
The EPA issued its Fiscal Year 2022-2026 Strategic Plan. Although the strategic plans emphases often change with administrations, we can be reasonably certain that the Plan reflects priorities through 2024.
TRC Companies Pledges to Achieve Net Zero GHG Emissions by 2040
April 26, 2022
TRC Companies, a digitally powered and environmentally focused global professional services firm, announced its commitment to achieve Net Zero greenhouse gas (GHG) emissions across its full value chain by 2040, aligning with the most ambitious aim of the Paris Agreement to limit global temperature rises to 1.5 °C.
Why Are ESG Frameworks Important?
April 13, 2022
ESG standards significantly impact long-term growth, leading many companies to integrate ESG reporting into their corporate social responsibility (CSR) strategies. ESG frameworks are broad and diverse, and establishing a reporting system that covers your industry’s most relevant metrics can be challenging.
How Does ESG Address Environmental Concerns?
October 22, 2021
When investors consider where to put their money, they may examine environmental, social and governance (ESG) criteria, learn about a company’s core values and decide if they align with their own. Young people, in particular, search out this information to make decisions that align with their morals.
What Is Environmental, Social and Corporate Governance?
October 10, 2021
Several key considerations help determine whether an investor decides to support a particular company. While many factors can tip the scales, investors are increasingly seeking out businesses that uphold higher standards. Therefore, companies should openly communicate their standards to make it easier for investors to understand their values.
NJDEP Implements New Jersey Environmental Justice Law Through Administrative Order
October 5, 2021
On September 22, 2021, the New Jersey Department of Environmental Protection (NJDEP) Commissioner announced the issuance of Administrative Order (AO) No. 2021-25 to implement New Jersey’s Environmental Justice (EJ) Law. This order is effective immediately, and applicants seeking to site new major source facilities, renew major source permits or expand existing facilities with major source permits (e.g., Title V air permits) in overburdened communities are affected. There are more than 4.5 million people that live within 331 municipalities that are overburdened communities in the state of New Jersey.
Cryptocurrency: The Environmental Threats and Opportunities
August 9, 2021
Cryptocurrency (also known as crypto) is taking the fintech industry by storm, despite the economic experts who still dismiss it as a viable form of currency. Although often criticized for this volatility, whistleblowers are also further shining a light on the severe toll that these digital currencies are taking on the environment.
Managing EHS & ESG Risks Through Integrated Systems Today and Beyond
July 22, 2021
It has been more than 50 years since the development and establishment of the federal Environmental Protection Agency (EPA) and the federal Occupational Safety & Health Administration (OSHA) which were formed to protect our environment and workplaces across the United States. Significant laws, policies and regulations followed to establish the “regulatory programs” that all applicable businesses and entities must address and meet to ensure these compliance-driven legislative programs would create a foundation to protect our society.
TRC Announces Collaboration with Greenstone Reinforcing Integrated ESG, Sustainability and Climate Risk Solutions
June 26, 2020
The dominant trend in improving the efficiency and profitability of the logistics and supply chain industry will continue to be achieved through automation. Environmental, social and governance (ESG) issues can be important considerations for investments in this sector due to potential reputational risks for the acquiring entity. Key issues include negative publicity surrounding the perception of job elimination, as well as the procurement of specialty materials required to produce batteries and other components of autonomous robots. The recycling or responsible disposal at the end of the life of the product is also a key focus especially in Europe. TRC was asked to provide ESG risk screening for a foreign auto manufacturer’s investment in a U.S.-based autonomous robotics company. A two-step approach was taken to access the risks associated with this target. The first step evaluated the inherent risks of the target company’s sector based on its geographical spread and operations using public information like the Sustainability Accounting Standards Board (SASB) and the CDC Investment Works Toolkit. The second step involved deeper analysis of ESG risk assessments & insights based on a review of specific controls that the company uses to manage its risks. This included a questionnaire, reviewing company documents and programs, and interviewing company representatives.
COVID-19 and Implications for ESG Investing
June 3, 2020
This global pandemic has exposed business vulnerabilities and recalibrated material Environmental Social and Governance factors for investors.