Case Study

Developing an Industry-Leading Sustainability Strategy

SUMMARY/OVERVIEW

How BDO Helped a Nonprofit Elevate its Sustainability Program

A strong sustainability strategy not only supports a nonprofit’s current mission but also serves as a catalyst for future growth. When nonprofits demonstrate accountability and commitment, they can earn trust within their communities and build their supporter base, while also establishing credibility to influence industry norms.

Motivated to further enhance its practices and programs focused on environmental and stakeholder impact, a nonprofit organization in the technology sector sought to create a strategic roadmap that would help distinguish it as a leader in sustainability. To gain the deep insight needed to chart a clear path forward, the organization reached out to BDO.

Key Takeaways

Conducted a thorough assessment of the nonprofit’s sustainability program

Identified gaps and areas of improvement in the program 

Developed a strategic roadmap to strengthen sustainability practices

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The Challenge

Identifying Opportunities to Further Integrate Responsible Processes

The client sought to become an industry leader in sustainability. To achieve this goal, the organization needed to create a strategic roadmap to further embed responsible practices and processes throughout its operations. Before developing its new strategy, the organization needed guidance to identify possible gaps, strengths, and areas for improvement in its current program. 

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The Approach

Taking Current Sustainability Practices to New Levels

The organization engaged our team to assess its current responsible business practices and develop an overarching sustainability strategy. 

Our approach included the following components:

  • Matrix Development: We created a matrix that integrated Global Reporting Initiative (GRI) Standards with relevant Sustainable Development Goals (SDGs) to develop a framework for target setting, measurement, and reporting informed by global standards. 

  • Benchmarking: Using this matrix framework, our team benchmarked the organization’s practices against its industry peers and sustainability leaders in the nonprofit space.

  • Materiality Assessment: In collaboration with the organization, we conducted a materiality assessment to identify and prioritize key focus areas.

    • Leveraging the insights gained through our team’s comprehensive review, we offered recommendations for improvements to the organization’s sustainability practices. 

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The Results

Strategic Improvements and Progress Toward Industry Leadership

Our team’s guidance resulted in a clear sustainability strategy that addresses gaps in the organization’s current program, with particular focus on reducing environmental impact and elevating sustainability reporting. With our ongoing support, the organization plans to implement the recommended improvements. These enhanced environmental and disclosure practices are designed to distinguish the organization from its peers and position it as an industry leader. 

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