A sound culture reflecting organisational strategy and values is a key driver for both financial and operational success and, influences ethical behaviour. It drives innovation, attracts talent, and protects the brand.
Auditing culture
Boards and audit committees are increasingly having to examine and assess the concept of culture and if it supports their strategy and mandate. Executive management teams are examining what aspects of the culture they should change and how.
This is particularly pertinent in the current environment and through periods of change as it can highlight both successes to be replicated and recommendations to address areas of divergence.
As a result, many HR and internal audit functions are being asked to conduct a review or audit of their organisational culture. Many are not sure where they should start.
How can Mazars help
Mazars has created an award-winning tool called the ‘Mazars Culture Compass’ which measures cultural alignment throughout an organisation.
It uses a proprietary six-dimensional framework to examine culture. Within each of the six dimensions, there are 5 variables (either a trigger or a response) that serve as the basis for our analysis.
By exploring these six dimensions and the 30 variables across them, it allows us to examine the Culture that is present in the organisation.
As a framework for sustainability reporting, the first set (“Set 1”) of European Sustainability Reporting Standards (ESRS) lay the foundations of the standardised common language for sustainability-related matters throughout Europe.
To be effective, your ESG strategy must be fully integrated into your business model
Implementation & transformation
Solutions for embedding sustainability into your strategic business plans
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Solutions for embedding sustainability into your business practices
Task force climate-related financial disclosures
TCFD has become the baseline framework for reporting on climate-related reporting and disclosures.
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The Irish Government has committed to a climate action plan that includes achieving a 51% reduction in our greenhouse gas emissions by 2031 and sets a path to deliver net-zero emissions by no later than 2050.
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Transforming organisations by aligning people, processes and technology
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Protect your strategic vision through a dynamic approach to internal audit
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Transparency builds trust with stakeholders and balanced reporting is required to demonstrate authenticity
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The onset of mandatory non-financial reporting has placed more emphasis on assurance to provide greater confidence in the credibility of organisation’s reporting.