Sustainability Gap Analysis is essential for companies to identify the gaps in the company’s ESG practices vis-à-vis industry leaders who follow some of the best practices. This supports the companies to recognize the areas that require or have an opportunity to improve and proactively address them to achieve the desired ESG goals.
It is recommended for the companies that have already started the ESG journey but struggling to get out of the black box and also for the companies that want to start their ESG journey, but don’t know where to start from. Basically for companies a gap analysis will work as a guide in terms of highlighting the missing pieces in their ESG practices.
The Gap Analysis is conducted in three steps