Developing Digital Training tools to establish Environmental and Social Governance in Organizations

The main objectives of ESG Diagnostic were the acceleration of the organizations’ sustainability transition and their training on how to measure and improve their ESG performance by inserting digi...

The main objectives of ESG Diagnostic were the acceleration of the organizations’ sustainability transition and their training on how to measure and improve their ESG performance by inserting digital tools into sustainability methods. The project aimed to enhance the knowledge of adults and professionals for the concept of ESG; an approach to evaluate the extent to which a corporation works on behalf of social goals that go beyond the role of a corporation to maximize profits on behalf of the corporation's shareholders. Via the project the consortium aimed to assist organizations to measure and evaluate their ESG performance by using appropriate digital tools. Our objective was to train the adults and professionals to recognize and track the key sustainability KPIs to deliver a representative ESG performance for their organization, as well as to provide practical suggestions to improve it, for the benefit of both the entity, the employees, the society, and the environment. At the end of the project, the provided knowledge and tools to adults and professionals added value to their portfolio while at the same time directly impacting their organization’s transition towards sustainability, as it was initially aimed.

During the ESG Diagnostic, we implemented 6 main activities: A1 The Kick-off Meeting, hosted by IRIS (Stockholm, Sweden) to establish the groundwork for effective project management, producing the Partnership Agreement; Risk Management and Quality Plan; Social media page, & logo. A2 The Expert's Workshop on ESG hosted by Omnia (Nicosia, Cyprus) covering a spectrum of needs, i.e. data analysis, digitalization, reporting, infographics, solution development, implementation & ongoing assessment of the ESG strategy. A3 The creation and public release of educational material in the form of an e-guide book to provide useful information for implementing the appropriate digital tools for an ESG performance evaluation. A4 The Transnational Workshop for Professionals, hosted by Dataphoria (Athens, Greece), to enchase participants’ ability to implement the ESG metrics’ methodology, using digital tools, with the participation of a Greek Company that showcased its sustainability approach and methods. A5 was the Information Day to present and disseminate the results and actions of the project. A6 The Final Meeting of the project when the consortium discussed the preparation of the necessary materials and documents for the closure of the project.

ESG Diagnostic generated the following tangible and non-tangible results: Tangible results: -The Focus Group Report – Including Best Practises Portfolio; a ready-to-use research tool that various stakeholders can customize for their individual research requirements, including 9 ESG Challenges & Solutions resulting from the ESG sustainability practices of Sweden, Cyprus, Greece -The ESG E-guide Handbook was dedicated to providing in-depth knowledge and practical guidance on the concept of ESG practices, including training material to explore the ESG frameworks and digital tools a company can use. Non-tangible results: The non-tangible results refer to the participants of the activities implemented (Experts Workshop on ESG, Transnational Workshop for professionals, Info Day) and the public who reached its intellectual outputs, as follows: -Knowledge and training in using digital tools to measure and improve an organization’s ESG performance, and accelerating its sustainability transition process -Experience in introducing a strategic sustainability plan and culture within an organization -Transnational network opportunities for professionals who face the same challenges -Enhanced skills and knowledge in the field of ESG reporting.