Shield Scientific shifts to sustainable operations
Discover how Shield Scientific transforms their business model through comprehensive sustainability roadmapping and operations.
ABOUT SHIELD:
Manufacturer of single-use nitrile and latex gloves for laboratory, cleanroom, and general workplace usage.
Specialists in creating innovative gloves safeguarding compliance, protection and comfort
Project objectives:
Future-proof themselves ahead of sustainability-related requirements from clients, jurisdictions they export to,
and to be ahead of the competition.
These include:
Accelerate sustainability efforts to achieve carbon neutrality
Maintain industry-competitiveness as sustainability demands rise in prominence
Engage stakeholders on a whole-of-supply-chain approach to enhancing sustainability
Problem statement:
How can SHIELD Scientific’s better position itself as a sustainability leader in the glove industry?
key deliverables:
Gap analysis: Analysis of current approach to areas with relevance to sustainability (including business model, governance areas, sustainability approach and initiatives) to identify sustainability-related risks and opportunities, performance against criteria/best practices for sustainability leadership
External analysis: Benchmarking ESG strategy and initiatives of competitors and identifying best practices, regulation/compliance review for 2025-2030, scan of external operating context for opportunities and threats
Materiality assessment: Customised materiality assessment process with bespoke methodology, giving rise to list of material topics suitable for ESG reporting, communication and for the development of sustainability approach
Customised sustainability approach: Customised sustainability approach giving effect to results from gap analysis, external analysis, materiality assessment
Carbon accounting and decarbonisation plan: In-depth carbon accounting for Scopes 1 - 3 and decarbonisation plan for mid term
Roadmap of projects: Implementation of projects to operationalise sustainability strategy
Project management tools: Tools to enable client’s autonomous project management and legacy (monitoring and refinement of approach)
Our approach & methodology:
For all projects, take a holistic approach of evaluating sustainability positionality, performance and approach – sustainability not as siloed but as integrated within wider business strategy and functions
For this project
Pain point we seek to address:
Client is increasingly exposed to
a) sustainability-related information queries by clients exposed to reporting and/or decarbonisation requirements,
b) requirements by regulators in different jurisdictions they serve,
c) increasingly ambitious sustainability mandate by operating market, industry and competitors
Our approach:
Take stock of and evaluate current sustainability status (including integration within wider business strategy and operations, governance and implementation of sustainability strategy and initiatives), identify gap and opportunity areas from gap analysis and external analysis that result in customised sustainability approach refinement suggestions and roadmap of projects, execute carbon accounting and decarbonisation plan in line with organisational targets
Project Outcome or results:
Project key objective 1:
Accelerate sustainability efforts to achieve carbon neutrality
Client has a clear and strategic decarbonisation plan and has TTP’s support to implement it to accelerate progress toward carbon neutrality goals
Project key objective 2:
Maintain industry-competitiveness as sustainability demands rise in prominence
Client has clarity on risk and opportunity areas, gaps and opportunity areas to prioritise for action
Client receives a holistically considered sustainability approach and roadmap that future-proofs the organisation in light of physical climate change events, regulatory developments, industry and geopolitical developments in the near to mid term
Processes and tools in place to support the operationalisation of this approach and roadmap
Project key objective 3:
Engage stakeholders on a whole-of-supply-chain approach to enhancing sustainability
Client has TTP’s support to execute roadmap of projects include stakeholder engagement on areas to enhance green and ethical supply chain outcomes
