Grow Sustainability Consulting was founded with the vision of contributing in the creation of a just and sustainable world through purpose-led mobilization of resources.
Our mission is to help organizations grow in a sustainable way by making a positive impact on the environment and society.
Our goal is to deliver sustainability expertise to organizations by providing advisory services that can be scaled to meet the needs of all kinds of organizations and improve their performance through the development and implementation of ESG (Environment- Society- Governance) which ultimately create shared value for all stakeholders.
We are passionate about tackling the challenges facing society today and we know that no single individual, organization or even sector can do it alone. We adopt a cross-sector approach to our clients and partners, working with diverse organizations that are unified in their desire to create value and deliver change.
We truly believe in the power of mobilizing resources for the greater good, and want to help those with resources, manage them in a way that has the biggest positive environmental and social impact but is also sustainable enough to ensure they can do it over and over.
About Sustainability
Building resilience. Generating shared value.
Organizations are facing increased pressures to be sustainable and responsible, whether that’s from clients, employees, regulatory bodies, shareholders, or other relevant stakeholders. Value is not only defined in financial terms, but it is also measured by positive and sustainable societal and environmental impact. Corporate responsibility is more than just making a donation. It is about making real contributions to your community and the world at large, even if no one is watching.
Contributing to a sustainable future will bring a range of benefits. In the short term you will benefit from enhancement of your ESG credentials, meeting and moving ahead of pressures from regulators and stakeholders and finding efficiency-based cost savings too.
Long term benefits include enhanced stakeholder and investor support, lower risks in your value chain, enhanced brand and reputation, better employee relations and knowing you are doing the right thing for our children and grandchildren.
Sustainability as a driver of value.
Sustainability is sometimes seen as a cost rather than a value creator however, sustainability can drive innovation, brand differentiation and win business. Sustainability is about bridging the gap between profit and purpose.
Sustainability is an organisational change issue. You can have the best plan in the world for your sustainability, but it can still fail if it is not effectively embedded into business priorities, processes, rewards and culture. We identify the essential elements of culture creation to drive meaningful change in your organisation.
Our Services
We partner with purpose driven organizations of all sizes, from publicly listed corporations to SME’s to advance and deliver their ESG agenda across their operations by maximizing their performance, sustainability and impact.
Sustainability Governance Advisory
There are various ways a company can structure its Sustainability governance. It is important to understand what dynamic would work well within your business and how we can help you achieve the optimal governance structure. Key considerations include the Board's composition, Roles & Responsibilities as well as related policies that need to be introduced.
Sustainability Training
Environmental, Social and Governance (ESG) issues have been gaining growing prominence at a global level. Within this evolving regulatory framework, all corporations, need to adapt and comply accordingly as well as educate their employees in order to understand the importance of Sustainability and be in a position to comprehend global developments, principles and practices; develop, report and communicate ESG policies to stakeholders; implement & evaluate action plans and secure that compliance is achieved within applicable regulations. Through its training programs, Grow's certified professional trainers, offer a thorough review of ESG and Sustainability, the regulatory developments at the European and global level, the requirements that need to be met by corporations and how a company’s relevant ESG performance can be best reported and communicated. We also offer more practical workshops that will help you define your organization’s purpose statement, map stakeholders and how to best engage with them.
Materiality Analysis
Materiality is the central point of sustainable development. Material issues are those that reflect significant economic, environmental and social impacts resulting from the organization’s activities. During this process we must take into account the company’s vision and strategic direction, as well as the KPI’s proposed by internationally recognized frameworks for sustainable development such as the European Sustainability Reporting Standards (ESRS), the Global Reporting Initiative (GRI) & the United Nations Sustainable Development Goals (SDG's).
Corporate Sustainability Reporting
At Grow, we compose Corporate Sustainability Reports based on Internationally acknowledged Standards such as the European Sustainability Reporting Standards (ESRS), the Global Reporting Initiative (GRI) Standards, IFRS S1 & 2 by disclosing the organization’s impacts on material topics as identified in the Materiality Matrix. Tell your sustainability story in a way that can be heard by company leadership, investors, owners, customers and all stakeholders. Together with you we will define clear KPI’s that will enable you to measure the effectiveness of your impact strategy and tweak it accordingly in case it’s not working that well. There is a mass of sustainability information out there. We can help you cut through the information overload to focus on the right things in the right order with the right level of ambition to allow you to effectively and simply identify, prioritize, manage and communicate your sustainability performance.
ESG Strategy Advisory
A good ESG strategy provides the basis for all sound business decisions. It can build resilience, improve performance and meet high level strategic business objectives. The ESG Strategy formulation includes specific goals on the material issues raised in the sustainability report. When developing an ESG strategy, companies must consider many aspects, including their scale as well as the industry and the markets in which they operate. There is no one size fits all when it comes to ESG strategy and it takes careful consideration and planning by an expert. Achieving your strategic goals requires clear and meaningful plans and pathways for action. Structured action and management plans that will guide your progress, assist on its implementation and report on the results of the actions agreed on. Clear KPI’s need to be defined that will enable you to measure the effectiveness of your impact strategy
Decarbonization Services
To keep the planet from warming more than 1.5°C above pre-industrial levels, most countries have goals to reduce greenhouse gas (GHG) emissions and reach net zero through national policies. Achieving this will require rapid decarbonization of all sectors and companies must be able to understand and manage their GHG risk if they are to ensure long-term success in a competitive business environment, and to be prepared for future national or regional climate policies. At Grow we help businesses, through the use of global standards and protocols (e.g ISO 14064-1:2018 and GHG Protocol Corporate Accounting and Reporting Standard), with the quantification and reporting of greenhouse gas (GHG) emissions and removals. We guide you through the design, development, management, reporting and verification of your organization's GHG inventory and our services are always based on relevance, completeness, consistency, transparency and accuracy.
ESG Impact, Risk & Opportunity (IRO)
Assessment & Management
Businesses face an evolving landscape of ESG-related risks that can impact their profitability, success and even survival. Given the unique impacts and dependencies of ESG-related risks, we have developed guidance to help our clients better understand the full spectrum of these risks and to manage and disclose them effectively. Each company has different ESG risks depending on its business model; internal and external environment; product or services mix; mission, vision and core values etc. So there isn’t a pre-determined list of these risks. We don't only focus on risks and negative effects (such as revenue reduction or reputation damage) but also positive impacts and opportunities such as an emerging market for new products or cost savings initiatives.
Sustainable Supply Chain Management
It is extremely important that an organization- especially ones with large supply chains- aligns its culture and values with their external partners and suppliers. It’s not enough that we demonstrate responsibility in all aspects of our operation. Our partners must too. Effective sustainability increasingly requires management up and down the value chain. Issues in one part of the chain can impact others. That is why we help our clients set up the right ESG Due Diligence processes to manage ESG risks throughout heir value chains and become more resilient.
Communication
We live in a world where the more attention something gets, the greater the impact it has. The best campaigns are built around stories. So to successfully communicate your sustainability actions, you must tell your sustainability story in a way that can be heard by company leadership, investors, owners, customers and all stakeholders. You must determine where and how you can make the most impact and then package that in a world driven by mass and social media to make it more newsworthy, shareable, and viral. You must also consider the best ways to raise attention to both your efforts but also the cause you are trying to support.
Our Competitive Edge
What sets us apart?
Grow has developed its own proprietary ESG data management software to facilitate the complex data collection, consolidation, analysis, presentation and strategic decision making.
Automating the often manual and repetitive process of gathering ESG data from multiple sources offers many benefits such as:
💡 Improved efficiency and productivity leading to a significant resource optimization, allowing our clients to focus on ESG’s most critical aspects such as strategic decision- making.
📥 With the new CSRD and ESRS, ESG disclosure requirements are becoming a lot more extensive with thousands of data points. External Assurance of this data will be required to provide further credibility and trust in the sustainability data disclosed by organisations. Grow’s ESG data management software will be able to extract an indisputable data entry path and provide evidence of who input which data and when as well as the full history of all changes made to the platform facilitating the external assurance process and increasing accountability among all stakeholders.
📈 Year on year comparison of an organization’s ESG performance and progress on specific indicators enabling management to react to indicators that do not meet expectations in a timely fashion.
📊 Moving from manual and retrospective annual reporting to real-time monitoring, analysis and reporting utilizing dashboards and infographics.
🔏 Reducing the margin of human error when collating, consolidating and analysing data thereby improving the reliability and confidence in the data disclosed something imperative for all stakeholders but mainly investors who wish to reduce the risk.
THE POWER OF COLLABORATION
At Grow Sustainability Consulting, we believe that the best solutions are created in collaboration with experts in each field. We look at the entire spectrum of sustainability issues that are important in your industry and your business model. We will put together a team of consultants with the specific skills you need for each phase of the project. Our diverse team has hands- on practical and long experience and each of us will provide real know-how, experience and exploration of the newest developments as well as best practices in the field of Sustainable Development and ESG.
OUR START- UP MENTALITY
Our passion for sustainability is contagious and it is what provides us the drive, determination and dedication to grow and thrive. Even though we are not a start-up, we continue to think and work like one as we strive to be agile, dynamic and flexible.
OUR BOUTIQUE APPROACH
TO CLIENT SERVICE
Transitioning to a greener economic model often requires transformative change. Culture change, behaviour change, systems change. The journey to Sustainability is often full of challenges. At Grow, we are with you every step of the way guiding you through it.
Why Grow?
Here’s why:
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We help you define what Sustainability means to your organization - today and on the long term
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We convert your Sustainability ambition into a tailor-made ESG strategy that aligns your day-to-day business reality
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We integrate your corporate identity in a sustainable corporate behavior that stretches into all operational disciplines transforming your organization into a decent corporate citizen
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We provide real know-how, experience and exploration of the newest trends and best practices in the field of ESG and Sustainable Development
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We are here to support you and your company in analyzing possible areas of action for improved ESG performance, develop, implement and regularly monitor your Sustainability projects. It's from these core values and activities where real value can be added to your brand, your people and your world
Through your partnership with us you can:
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Improve your relations with stakeholders
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Achieve higher customer satisfaction
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Motivate your personnel
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Lower costs and increase profit
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Build a positive image of your company
SOME OF OUR CLIENTS
Testimonials
“We have enjoyed a wonderful collaboration with Grow Sustainability Consulting for many years.
Sustainability is such a crucial and important topic. Of course, we only work with specialists who have a high level of expertise in this area.
I am delighted to have a partner who supports us with so much commitment and dedication. I highly recommend their services to any company that wants to make a difference.”
Claudia Paschkewitz
Managing Director Columbia Shipmanagement (Deutschland) GmbH Managing Director Hanse Bereederung GmbH
Columbia Group Director Sustainability and Diversity & Inclusion
We are proud members of
A few words about/ from our founder
Irene is a social impact strategist with more than 23 years of experience in sustainable development in both the business and civil society sectors. Irene works with organizations of all sizes to maximize the impact of their sustainability strategies by communicating how these are making a difference in their business and our world.
“I believe that solving the world’s most challenging societal problems requires new ways of thinking and behaving both on a personal and collective level. Meeting your organization’s objectives is best done through innovations that address society's needs and challenges.”
Irene Loucaides
Managing Director
Updates & Resources
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Get in touch
If we seem like a good fit for your organization, the next step is to contact us. We'll get some preliminary information about your company, then provide you with a quote for the kickoff engagement.
Regardless of whether you choose to work with us or not, remember that external consultants are just enablers. The most meaningful effort happens inside your organization with your own people.
So let's get this conversation started!
31-33 Christodoulou Sozou str., Ermis Building, 3rd floor, Off.301, 1096 Nicosia
+357 22766111