CASE STUDY
Comprehensive Sustainability Strategy and Roadmap Development for Melrose Industries plc
_edited.jpg)
CLIENT REQUIREMENTS
CEN were mandated to develop a comprehensive sustainability strategy and roadmap for Melrose that aligned with the client's business objectives and stakeholder expectations. The engagement identifying and mapping material topics across stakeholders, optimisation of sustainability disclosures and recommendations to improve ESG ratings. We also supported the client in strengthening internal understanding of sustainability performance, momentum and reporting.
OUR APPROACH
We conducted a comprehensive materiality assessment to identify and prioritise the sustainability topics most relevant to the business and its stakeholders. Using Cascade, we carried out a detailed gap analysis against SASB and CDP requirements, identifying over 150 recommendations to strengthen reporting and disclosure. We established internal material topics, KPIs and targets aligned with the UN Sustainable Development Goals, benchmarked performance against peers and developed the client's Sustainability Report and annual responses to four leading ESG rating agencies.
OUTCOME AND DELIVERABLES
The engagement resulted in a comprehensive Sustainability Report for Melrose and supporting website sustainability content, including factsheets, policies and targets. We also developed an internal sustainability reporting dashboard to improve ongoing performance monitoring. The client's external ESG performance improved significantly, with its MSC ESG rating increasing from BB 'Average' in 2020 to AA 'Leader' in 2024, alongside positive feedback from Sell-side analysts.