ESG Advisory 

Trialogue provides support on embedding material environmental, social and governance (ESG) elements of sustainable business based on our holistic integrated thinking model. Analysis of a corporate performance against this model assists companies in identifying actions and processes that can be improved to advance internal integrated thinking and ESG performance across the business.

Specific services include:

  • integrated thinking advisory 
  • ESG management framework development and roll-out 
  • Farsight ESG briefings, gap assessments  
  • Task Force on Climate-Related Financial Disclosures (TCFD) advisory, skills development and framework integration  
  • Webinars and thought leadership  

Integrated thinking advisory

Trialogue offers a range of services related to the concept of integrated thinking. These can be run in tandem with, or independent to, the annual integrated reporting process.

Gap analysis to assess positioning and practices as viewed against lead practice, undertaken based on public domain information or in more depth through an internal engagement process

Benchmarking of positioning against peer companies

Development of a sustainability strategy and roadmap, incorporating management workshops to reflect on performance, identification of easy wins and development of a roadmap plan

Advisory support in advancing practice and processes, covering elements such as sustainability positioning, conscious adoption of standards and codes, materiality and stakeholder engagement processes, internal management accountability and performance tracking and internal and external communication.

Our approach

Integrated Reporting presupposes integrated thinking. The integrated report should reflect the status and outlook of processes, systems, achievements and plans for holistic value creation. However, whereas there are well developed frameworks to guide integrated reporting, the process for adoption and embedment of sustainable and responsible business practice is less well defined. As a result, the depth of integrated thinking frequently lags the messaging of the integrated report.

Trialogue has developed an integrated thinking framework for assessing the status of adoption of integrated thinking within a business. This framework can be applied as a gap analysis tool, based on public reporting, or through additional engagement with a business. The analysis serves to identify levels of adoption and to frame a roadmap for advancing integrated thinking practices. This can be set out as a sustainability strategy and roadmap, that combines aspirations, priorities, capacity and resources and timelines. It also enables a company to identify ‘quick wins’ and make conscious choices about where practices are to be improved and over what time period.

The tool is ideally applied between reporting cycles, so that year on year tangible gains can be demonstrated. Unless internal practices are advanced, progress in reporting will constrained. Furthermore, preparers of reports will continue to be frustrated in their effort to locate and extract information in accordance with the principles and elements of integrated reporting.

Our integrated thinking principles

Principle 1: Integrated awareness and understanding Principle 2: Integrated leadership commitment and capability Principle 3: Integrated structures Principle 4: Integrated organisational performance management Principle 5: Integrated communication
The organisation demonstrates clear awareness and understanding of the connectivity and interdependence of matters material to its ability to create value over time. Leadership provides the mandate for integrated thinking and makes a deliberate and coordinated effort to connect and integrate matters material to organisational sustainability. Organisational structures and systems are conducive to integrated decision making and reporting Performance management of targets and KPIs is balanced and integrated to express the holistic and comprehensive performance of the organisation over the short, medium and long term. Communication to internal and external stakeholders offers an accurate, holistic, balanced and integrated view of the organisation’s performance and ability to create value over the short, medium and long term.

The Value Reporting Foundation released prototype integrated thinking principles in 2021, focusing on purpose, strategy, risks and opportunities, culture, governance, and performance. Trialogue’s integrated thinking framework and principles align with these principles, as well as the VRF’s Framework content elements and guiding principles.

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Based on our integrated thinking principles is the development of an ESG management framework that integrates ESG material matters into a foundational organisation framework that underpins the strategy. Trialogue plays a crucial role in advising and developing ESG management frameworks for organisations.

Our approach involves a cycle of reflection, prioritisation and planning, followed by phased implementation.


Trialogue is the official advisory partner of Farsight, a South African ESG analysist firm (winners of the FM/Intellidex Best Analyst Award for 2019, 2020, 2021 and 2022). Trialogue offers our clients guidance to understand weaknesses in their ESG outcomes based on Farsight’s in-depth research.

Farsight’s approach

The FarSight model differs from traditional ESG research by making a strong link between governance, ethics, labour, society, customers and the environment (GELSCE) issues and the business case. By applying proprietary FarSight model analysis to weighted material issues, Farsight tests leadership’s ability to engage constructively, act boldly, measure honestly and build long-term value for shareholders.

See: How FarSight works

Trialogue’s service offering

Trialogue and Farsight are independent of each other to ensure arm’s length approach in our business engagements with Farsight engaging only with the investment community and Trialogue assisting companies to understand the model, analysis and actions that could be undertaken to improve rating outcomes.


The TCFD framework was created by the global Financial Stability Board and is a useful tool for identifying, analysing and communicating your understanding of the materiality of climate-related factors to your business. The framework provides a set of recommendations across four thematic areas (see graphic on right), which businesses can implement in an effort to better identify, assess and address climate-related risks. It is not a reporting framework, but a business strategy development and communication tool. It is not a once-off exercise, but a commitment to continuous learning and improvement.

The IFRS® Sustainability Disclosure Standard Exposure Draft (March 2022) is based on the above thematic areas and includes recommendations made by the TCFD and provides more detailed disclosure requirements on each area.

Why you should get started on TCFD

An overview of TCFD, why it is important to start the journey, and how Trialogue can assist you.

Our approach

Trialogue offers advisory support to clients in an approach that involves the following three phases:

From advisory to reporting

The TCFD report is a useful tool for communicating progress with respect to specific targets identified as part of the strategy development process, going a long way to build understanding of the organisation’s unique position and actions among key stakeholder groups. Trialogue’s experience and expertise in Integrated and Sustainability Reporting mean that we are uniquely positioned to support organisations in meeting the standards set with respect to TCFD-aligned disclosure.

See more: our corporate reporting service offering

Contact Matthew Le Cordeur (