Rent-A-Center
Rent-A-Center is a leading rent-to-own company in North America specializing in furniture and electronics with total revenues of more than US$2 billion. It recently acquired a technology company, Acima, to expand their rent-to-own operations into the consumer finance and digital space.
Integrating ESG into the company’s business model and growth strategy
Challenge
The client recognised the opportunity to integrate ESGconsiderations into their evolving business model and growth strategy and align it with investor expectations.
The client also sought to optimise communication of ESG efforts and ambitions to key stakeholders with a databacked, cost-effective, and pragmatic approach.
Solutions
KKS Advisors created a materiality framework by collecting data on the most material issues based on reporting standards, rating providers, and company insights. They then benchmarked, assessed, and ranked issues via proprietary methodology. In addition, KKS:
- Developed a disclosure framework to identify disclosure gaps. This was also used to support data collection, performance assessment, and future sustainability disclosures.
- Translated findings from the materiality and disclosure analysis as well as ESG trends into a Strategic Action Plan for the client. Recommendations applied to the short-, medium, and long-term ESG strategy.
- Aligned inaugural Sustainability Report with SASB disclosure guidance.