Welcome & About Whistl
In 2022, we engaged an external consultancy to support us with our ESG strategy development. We were committed to focusing on the issues that mattered most, and it was worth taking the time to dig deep and figure out what these were and how best to manage them. The process we took involved identifying which ESG topics were the highest priority for our internal and external stakeholders, understanding the drivers for our ESG business approach and aligning these with best practice sustainability frameworks: the Sustainability Accounting Standards Board (SASB), the Global Reporting Initiative (GRI) and the UN Sustainability Development Goals (UN SDGs).
Whistl’s ESG strategy
Valuing colleagues
Fulfilling opportunities
Materiality assessment
Strategic analysis
Strategic framework
KPIs and targets
Action plans
Preserving our natural environment
We conducted a robust materiality assessment that considered both the stakeholder perspective (the importance of ESG topics to internal and external stakeholders) and the business perspective (the impact of ESG topics on the business).
We performed a detailed strategic analysis to identify the key internal and external business drivers for ESG. This comprised a competitor review, SWOT analysis, PESTLE analysis and a maturity assessment.
Using the findings from the materiality assessment and the strategic analysis, we identified the priority topics that would be the basis for our strategic approach to ESG. These were grouped into three strategic pillars, all falling within our unifying ESG vision.
To track progress against our strategic objectives, we developed a set of key performance indicators (KPIs) and targets. We have set up robust processes to capture this information regularly and remain accountable.
We created a set of action plans to enable the necessary progress against our targets and integrate the strategy across the business. The actions were tied to specific working groups aligned with each of our pillars.
Task Force on Climate-related Financial Disclosures
Appendices
7
2023 ESG Report
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