Client: Mid-Sized Financial Services Firm
Challenge:
A rapidly growing financial services firm was struggling to meet evolving B-BBEE and ESG compliance requirements. Leadership viewed compliance as a costly burden rather than a strategic enabler, leading to minimal investment in transformation initiatives. The firm also faced investor hesitancy due to gaps in its sustainability reporting.
Solution Provided by Future Focused:
- Appointed a Fractional Chief Sustainability Officer to guide compliance strategy.
- Developed a B-BBEE and ESG Compliance Roadmap aligned with the firm’s capital-raising goals.
- Conducted executive coaching to shift leadership’s perception of compliance from a regulatory box-ticking exercise to a business growth driver.
- Designed a Sustainability & Impact Strategy, embedding ESG considerations into investment portfolios to attract ESG-aligned investors.
Outcome:
- Improved B-BBEE score from Level 6 to Level 3, opening new business opportunities.
- ESG-compliant investment framework led to 20% increase in investor interest.
Shifted compliance costs into revenue-generating opportunities, including new sustainable financial products.