Meet the Expert – Tim Millar

Tim Millar, Director

What I specialise in…

I lead Incendium’s sustainability capability in the UK, working where sustainability meets commercial decision-making. I help leadership teams understand their sustainability risks and opportunities, develop credible strategies and transition plans, and put the data, governance and processes in place to deliver them.

I help clients with…

  • Sustainability strategy and transition plans: translating commitments into science-based targets, supplier engagement and decarbonisation roadmaps that fit business priorities and can actually be delivered.
  • Reliable sustainability data: building the processes, inventories and controls businesses need to understand their impacts, track progress and report with confidence.
  • Reporting, assurance and governance: meeting evolving disclosure requirements, independent assurance of sustainability reports, and the governance needed to make sustainability information count in decisions.

One of the major challenges the I am seeing in the market is….

The gap between sustainability strategy and business execution.

Sustainability teams have made significant progress in setting commitments and building reporting processes. The next challenge is embedding those commitments into how companies allocate capital, manage suppliers, operate assets, develop products and manage risk.

Increasingly, the question is not simply whether a company has a sustainability strategy. It is whether that strategy changes the decisions the business makes.

How do you think the market will change in the next 12-24 months?

Scrutiny will shift from emissions to plans. Until now, the central question has often been: “What did you emit?” Increasingly, it will be: “Is your plan to reduce it credible?” Companies are already being asked to disclose more about their transition plans. I expect investors and other stakeholders to look more closely at whether targets, budgets and actions actually add up. A target without a funded plan behind it will be much harder to defend.

Resilience will become a bigger part of the sustainability agenda. Climate adaptation, energy security, supply-chain disruption, resource constraints and physical climate risk are increasingly being considered alongside transition risk. Sustainability teams will need to think not just about reducing environmental impact, but also about how businesses remain resilient as conditions change.

Recent impact

  • Led the independent assurance of a global asset manager’s financed emissions, helping strengthen confidence in one of the most complex areas of sustainability data and reporting.
  • Identified how a global workspace business’s decentralised procurement model was creating barriers to delivering its Net Zero Transition Plan, helping translate a strategic ambition into practical changes in how the business operates.

Get in touch with Tim

Follow Tim on LinkedIn for more insights