Environmental, Social, and Governance (ESG) Advisory and Assurance Services

UL Solutions ESG advisory and assurance services can enhance your ESG program from initial mobilization through verification of environmental data and content for reporting.

Move your sustainability journey forward with UL Solutions

As stakeholder expectations and regulatory demands for environmental, social and governance (ESG) reporting continue to rise, companies all over the world must take action to provide relevant, transparent and accurate ESG information.

Whether your company is emerging or leading, navigating solo through the world of ESG reporting and keeping pace with evolving demands can be daunting. UL Solutions ESG management services can provide the end-to-end guidance, services and tools needed to succeed.

Transparency and profitability can go hand in hand

Recent surveys highlight the challenges organizations face around changing ESG rules and regulations, undefined industry operational roles, a lack of disclosure transparency and more.

According to the Index Industry Association (IIA) survey, 85% of asset managers say ESG is a high priority for their companies, but 64% were concerned about a lack of transparency and corporate disclosure on firms' ESG activities. (Qontigo Blog, July 2021)

The IIA survey also found that 56% of respondents said they are finding it difficult to comply with constantly evolving ESG rules. (Qontigo Blog, July 2021)

Only one in four companies are at advanced stages of preparation to obtain independent assurance on their reported ESG information, even though 66% are required to disclose ESG data or expect to be soon — including 78% of listed companies — according to a new survey released by global professional services provider KPMG. (KPMG ESG Assurance Maturity Index - KPMG Global)

From initial mobilization through to verification, UL Solutions can help take your ESG and sustainability efforts to the next level with our pragmatic, science-driven approach to:

Identifying focus areas to drive ESG performance
Building robust approaches to measure ESG execution
Defining ESG performance policies and targets
Managing content for internal and external ESG reporting

Watch the video: ESG advisory and assurance services

Why UL Solutions

UL Solutions’ 20+ years of expertise in ESG measurement, standards application and pragmatic processes can empower your business to confidently navigate sustainability challenges — from beginning to end, and every stage in between.

Select from a wide range of services to develop an ESG management program that meets your company’s needs, including access to:

Third-party verification of carbon emissions statements and ESG data

Simplified CDP (Carbon Disclosure Project) reporting, disclosure submissions, improved questionnaire quality, initial KPI establishment and more

Advanced carbon data management, including scope 3 emissions

ESG advisory services for materiality assessments and science-based targets

Reporting regulations and compliance gap analysis review

Transforming data into more than numbers

“UL Solutions has been a valuable partner as we continue on our ESG journey. Their skills in compiling and interpreting data, aligning objectives with the United Nation’s Sustainable Development Goals and recommending best practices for reporting have helped us identify aspirational goals for the future.”

Leann Mester

Director of corporate marketing and communications

Physicians Realty Trust (DOC)

Discover enhanced opportunities and collaborative innovation with UL Solutions’ expert ESG and sustainability services, pioneering safety solutions, broad global impact, cutting-edge research and more.

Services offered

UL Solutions can help you mobilize, measure, manage, report and verify your ESG data with expert guidance on establishing ESG programs, optimizing for growth, overcoming integration and sustainability alignment barriers, and much more.

Mobilize

ESG and carbon training
ESG double materiality assessment
ESG materiality assessment
ESG system readiness
Independent third-party opinion on sustainability-linked bonds

Scope 3 carbon screening
Scope 3 materiality and methodology
Sustainable procurement gap analysis
Workshop on carbon measurement and management
Workshop on environmental, social, and governance

Measure

Development of scope 3 baseline
ENERGY STAR^® account management, data collection, ordinance benchmarking, and certification
ESG key performance indicators and methods