Christos Malikkidis
Royal Pine, as an innovative business solutions provider anticipating this shift in business sustainability, partnered up with Sustainability Knowledge Group and together we have created a comprehensive package of Sustainability/ESG solutions.
“Innovation is always at the forefront of everything we do. The collaboration with Sustainability Knowledge Group is a powerful combination. Royal Pine’s thorough understanding of clients’ advisory needs and challenges, and Sustainability Knowledge Group’s, deep ESG expertise, is uniquely complimentary in formulating our new Sustainability/ESG business solutions. We believe that this collaboration will generate industry leading ESG advisory support in Cyprus, Greece and the Middle East” said Constantinos Economides, Founder and Managing Director of Royal Pine.
This partnership brings together decades of experience, impeccable reputation and practical market knowledge. Our solutions aim to help businesses overcome the immense pressure of creating ESG strategies and staying ahead of ESG trends, while being successful and creating social value. We understand that each business faces different challenges. Hence, through our tailor-made solutions, we aim to help our clients to deal with their unique pressure points and manage any obstacle or risk arising.
“Combining powers with Royal Pine will allow us to drive far more growth and business impact for our existing clients.” said Aglaia Ntili, Managing Director of Sustainability Knowledge Group. “Royal Pine expertise across investments, taxation, finance, legal and corporate matters will allow us to support our client needs for ESG compliance, help them lead in a highly competitive environment, create social value and be recognized for their performance. Together, we design and implement, the next generation of Sustainability/ESG products for businesses, investors and financial and government institutions”
Why is ESG important today?
In recent years, one of the most common developments in the global financial markets has been the adoption of sustainable investment decisions. Now, more than ever, investors are expecting businesses to make sustainable decisions which are focused on long-term profitability rather than short-term solutions which might create future financial difficulties or even create barriers to the company’s success journey.
Sustainable investing requires businesses to create, develop and integrate methodologies that will allow them to achieve Environmental, Social and Governance (ESG) development goals. This means that in every decision they make, they need to consider potential effects on stakeholders, including employees, investors, customers, the environment and take into account all possible social impacts. In 2022, being a sustainable company is not an option but rather an essential element of a successful company. The importance of Sustainability and ESG is also proven by the adoption of this concept into the EU’s 2030 strategy.
Another must factor which makes the adoption of sustainability imperative is millennials. This generation is taking over the executive positions across businesses and places sustainability at the top of their priorities and requirements when they are looking for an investment option. It has been observed that millennials are more likely to invest in a business with purpose and clear ESG objectives.
Our comprehensive Sustainability/ESG solutions’ package includes:
- Current State & Materiality Assessment
- Sustainability/ESG Strategy
- Reporting & ESG Disclosures
- Gap Analysis
- Governance and Management Systems Development
- Standards’ Integration and Alignment
- Stakeholder Engagement
- EU taxonomy, CSRD, SFDR data alignment
- Training: ESG fundamentals for Businesses as well as advanced, internationally certified training courses
ESG has never been more relevant than it is today. Businesses that choose to commit to ESG are those that are going to outperform their competitors and skyrocket their company’s competitive advantage.
* This publication has been prepared as a general guide and for information purposes only. It does not purport to be comprehensive or to render professional advice. Before making any decision or taking any action that may affect you and/or your business, bespoke advice should be obtained.