Read the Air Coalition
Supercharge your business with the Outsourced Sustainability Office (OSO) from Read the Air
For Publicly Listed Companies, Service Providers
and Investors
The Outsourced Sustainability Office (OSO) is a package of services for Japanese and Southeast Asian companies that may currently lack the full resources they need to respond to new ESG-driven and sustainability-focused requirements.
Listed companies and suppliers of multinationals are experiencing pressure to do more to transform into fully sustainable businesses, and to be more transparent about how they are doing so. These pressures are coming from investors, regulators, ratings agencies, customers and clients, and civil society. Many of these companies may be facing their first and biggest test with the new reporting requirements from the Japan Financial Service Agency (FSA) as of April 1, 2023, ordering all listed companies to issue sustainability reports, and other new disclosure expectations from exchanges and government agencies across Asia.
Yet growing companies may not have the human resources or financial resources to hire a full-time Sustainability Officer to help embed sustainability thinking across the operations of the company. Work with Read the Air to solve this issue with our new OSO service offering.
The Benefits of Outsourcing to
Read the Air
BENEFITS
- Responsive
-
Able to respond immediately on reporting projects
-
-
Cost effective
-
Reduces internal costs dedicated to specialized activities
-
-
Time saving
-
Use our expertise to prepare documentation quickly and efficiently
-
Outsourced
Sustainability
Services
DELIVERED IN JAPANESE AND ENGLISH
Overview of OSO services from Read the Air:
-
Coordinating sustainability assessments with external partners (supply chain, distribution, etc.)
-
Designing potential changes to operations to improve sustainability
-
Executing sustainability practices
-
Reporting on sustainability activities to various company stakeholders
OSO Services (delivered in English and Japanese) and Package Levels
We can customize our OSO services to meet specific goals or requirements
WHO ELSE CAN BENEFIT FROM THE OSO?
Recruitment Firms
Recruitment clients today are seeking Chief Sustainability Officers, yet qualified candidates can be in short supply. Suitable candidates may not be available on short notice, or they might be unaffordable to SMEs.
-
Read the Air can provide the required sustainability-related activities via our outsourced services to support businesses that don’t have the internal resources or budget
Accounting Firms
Listed companies are facing increasing reporting requirements, increasing compliance costs, and more stakeholders than in the past. Accounting firms will soon be asked to respond with appropriate services.
-
Many of these new requirements are in non-financial fields that may be beyond the expertise of most accounting firms. Read the Air can offer support on meeting all such disclosure and reporting properly
Investment Fund Managers
Many fund managers engage directly with the senior management of the companies in which they are investing, especially those fund managers that invest in small cap stocks. The fund managers are sensitive to the material risks (and potential destruction of corporate value) of non-compliance with mandatory Sustainability Reporting.
-
Our services simplify completion of new sustainability disclosures and add value by reducing regulatory risk and improving the quality of disclosures for all investors and stakeholders.
Consumer-facing Food Businesses
Sustainability Reporting for fast food chains, supermarkets, convenience stores, and other companies in these sectors will need to include assessments, such as Scope 3 Greenhouse Gas Emissions, on the Tier 1 through Tier 3 companies in their supply chains. Clients will expect reporting on material issues from their suppliers to disclose this information to the FSA.
-
We are supporting major companies to assist the Tier 1 through 3 Japanese companies in their supply chains with ESG Reporting and alignment to the client’s sustainability goals.
