Yesil Buyume International

🌍 Why Should Sustainability Reporting Go Digital? Sustainability reports are no longer just tools used to showcase ESG performance, but are becoming essential components of corporate strategy. However, manual reporting methods can be time-consuming, costly and error-prone. According to Reuters' Sustainability Data Management Report (April), nearly 60% of companies still manage their sustainability data using Excel spreadsheets. This is expected to drop to 20% within three years as digital solutions become more widespread. Why is digitalization so critical? 🔍 Data Collection and Accuracy: Digital tools enable faster and more accurate data collection compared to manual processes, reducing errors and increasing data reliability. 📊 Transparency and Traceability: Real-time performance data can be easily tracked and shared with stakeholders. Often time-intensive processes such as stakeholder surveys become much more efficient with collaborative digital platforms. ⏱ Real-Time Reporting: Decision makers can make faster and more effective strategic decisions by having instant access to up-to-date sustainability metrics. 📋 Standardization and Comparability: Compliance with global reporting frameworks such as GRI and SASB can be seamlessly automated through digital tools. 🤖 Analytics and Predictive Insights: AI-powered reporting tools generate actionable insights from sustainability data, helping companies assess risks and develop long-term strategies. 💰 Cost and Time Efficiency: Managing sustainability data can be expensive, especially across supply chains. Digital tools allow more data to be managed with fewer resources. 🧮 Carbon Footprint Calculation: Many platforms now include integrated carbon footprint calculation modules, simplifying direct emissions reporting for sustainability reports. If these challenges sound familiar, it's time to consider a digital solution. Sustainfinity offers next-generation sustainability reporting technology to streamline your processes and increase efficiency. 👉 Book your free demo using the link: https://lnkd.in/d8dDFV2R #Collaboration #Sustainability #DigitalTransformation #ESG #SustainabilityReporting #TechnologyforGood #Innovation

🌱 Key Updates on Türkiye's Sustainability Reporting Standards (TSRS) The Public Oversight, Accounting, and Auditing Standards Authority (KGK) has clarified the scope of Türkiye’s Sustainability Reporting Standards (TSRS) with a recent decision. Here are the highlights: 1️⃣ Who is Covered? Publicly traded companies with SPK-approved prospectuses or issuance certificates must comply with TSRS. 2️⃣ Who is Exempt? Companies listed on Borsa İstanbul's Watchlist Market and Venture Capital Market are excluded. Non-listed companies issuing capital market instruments without public offering are also exempt. 3️⃣ Flexibility for Small Financial Institutions Banks and financial entities with fewer than 250 employees or single branches are not required to disclose Scope 3 greenhouse gas emissions. Reporting remains voluntary for them. 🌍 Why It Matters: This decision balances reporting obligations while supporting transparency and sustainable growth. For Türkiye’s businesses, TSRS aligns with global sustainability standards, fostering accountability and competitive resilience in financial markets. Türkiye’s progress in sustainability reporting is worth watching! 🚀

Sustainability reporting doesn’t have to be complicated. Traditional methods often involve months of data collection, lengthy consultancy processes, and scattered stakeholder input—eating up valuable time and resources. Sustainfinity changes the game. With AI-powered automation, the platform transforms sustainability reporting into a fast, flexible, and seamless process, delivering results in just one month. 🚀 Here’s How It Works: 🔹 Smart Data Collection: AI analyzes stakeholder inputs to generate instant preliminary reports. 🔹 One-Click Reporting: Replace weeks of manual analysis with sleek, data-driven reports at the touch of a button. 🔹 Metrics That Matter: The GRI-integrated platform identifies the KPIs aligned with your sustainability goals. 🔹 Performance You Can Track: Monitor progress and ensure your strategy stays on course. 🔹 Comprehensive Insights: Create fully customized, AI-generated 100+ page reports in record time. 💼 Also a Game-Changer for Consultants: Sustainfinity helps consultants work smarter—streamlining customization and delivering faster, more impactful results. ⏩ Ready to see it in action? Request your free demo via the link in the comments.

📢 According to the document published by the U.S. Department of Energy, the biggest challenge in reducing industrial emissions is that the technological solutions needed in this area have not yet reached economies. of scale. Source: https://lnkd.in/dPNCbAT6

📈 KPMG's new report shows that ESG Due Diligence is increasingly crucial despite challenger. Here are key findings of the report👇 🧊 In the past 12 to 18 months, dealmakers have reported a rising importance of ESG due diligence, even amidst economic uncertainty and softer M&A activity. 🧊 Contrary to initial expectations, ESG factors continue to gain traction, driven by evolving regulations and stakeholder expectations. 🧊 Leading investors are integrating ESG into their investment theses to drive financial value. They leverage tools like comprehensive baselining, integrated 100-day action plans, and systemic scans for financing sources. 🧊 These strategies enhance investee performance through revenue growth, cost reduction, and investment de-risking, focusing on themes such as decarbonization, recycling, circularity, and supply chain management. 🧊 However, challenges remain: 👉 Scoping: Defining a meaningful and actionable scope for ESG due diligence. 👉 Data Quality: Ensuring high-quality ESG documentation from target companies. 👉 Quantification: Accurately quantifying potential findings. 🧊 Emerging solutions are addressing these challenges, emphasizing the shift from values to value. Despite these advancements, ESG due diligence budgets remain lower than those for financial, commercial, or legal due diligence, limiting the depth of analysis.

📢 Known as the 'Brussels Effect', which we can define as the European Union's power to set regulations, will be felt even more strongly in international trade with the publication of the 'Ecodesign for Sustainable Products Regulation' in the Official Journal of the EU in June 2024. Here are the new ecodesign requirements: 🧊 durability; 🧊 reliability; 🧊 reusability; 🧊 upgradability; 🧊 repairability; 🧊 the possibility of maintenance and refurbishment; 🧊 the presence of substances of concern; 🧊 energy use and energy efficiency; 🧊 water use and water efficiency; resource use and resource efficiency; 🧊 recycled content; 🧊 the possibility of remanufacturing; 🧊 recyclability; 🧊 the possibility of the recovery of materials; 🧊 environmental impacts, including carbon footprint and environmental footprint; 🧊 expected generation of waste.

🎯 Here are the key findings of the newly published "Carbon Prices and Inflation in a World of Shocks" report:👇 🧊 Future carbon prices and the extent of carbonflation are highly uncertain but could potentially challenge monetary stability. Simulated annual carbonflation ranges from 0.2 percentage points with moderate, linear price increases to 1.7 percentage points for a potential carbon price shock in 2027. 🧊 Six sectors are systemically significant for both shockflation and carbonflation: Electricity, Heating and Cooling; Coke and Petroleum Products; Oil and Gas; Real Estate Services; Food and Tobacco Products; and Land Transport. These sectors account for 77-78% of total carbonflation. Additionally, Agriculture and Warehousing are significant for shockflation but not included in our carbonflation simulation. 🧊 The key to preventing both shockflation and carbonflation lies in the energy, housing, food, and transportation sectors. Current macroeconomic stabilization policies, which rely on interest rate hikes and fiscal tightening, need to be rethought. A more targeted approach is necessary, focusing on preventing and containing price spikes in critical sectors. Systemically significant sectors must be monitored, stress-tested, and regulated. Public buffer stocks can help stabilize critical prices and serve as an industrial policy tool, ensuring market stability and encouraging investments. 🧊 Green industrial policy is essential, requiring massive investments to build renewable energy systems, decarbonize transportation, retrofit housing, and green the food system. Public investments should aim to enhance the resilience of these sectors, reducing the risk of shockflation and carbonflation. Outdated fiscal rules must be revised to allow necessary public investments for effective climate change mitigation. A new stabilization toolbox is needed to facilitate the green transformation and navigate a world of economic shocks. #ClimateChange #GreenEconomy #CarbonPricing #Sustainability #EconomicPolicy #IndustrialPolicy #RenewableEnergy #PublicInvestments #Macroeconomics #Carbonflation #Shockflation

🎯 The report prepared by We Mean Business Coalition examines the sustainability reports of companies that have proactively aligned with the #ESRS. Containing valuable information on the application of the double materiality principle, stakeholder analysis, and due diligence, the report serves as a guide for companies that will prepare CSRD-compliant reports for the first time next year. DoubleMateriality.org

🎯 The guide prepared by Mazars is highly useful for understanding the general outlines of the European Union Sustainability Reporting Standards

📢 The following statements in the Strategic Agenda 2024-2025 document published by the EU indicate a weakening of the will to implement the European Green Deal 👇 "On our path to climate neutrality by 2050, we will be pragmatic and harness the potential of the green and digital transitions to create the markets, industries and high-quality jobs of the future. We will provide a stable and predictable framework and create a more supportive environment for scaling up Europe’s manufacturing capacity for net-zero technologies and products. We will invest in ample cross-border infrastructure for energy, water, transport and communications."