Verdantix

Stuart Neumann shares his highlights from the Verdantix Climate Summit and gives his top advice for CSO’s and other professionals involved in climate and sustainability. #climate #sustainability #CSO

And that’s a wrap! The Verdantix Climate Summit comes to a close with the Climate Innovation Awards & English Sparkling Wine Reception 🏆🍾🥂 Congratulations to all the winners: Aviva with Cority TfS - TOGETHER FOR SUSTAINABILITY AISBL with Siemens Schneider Electric’s Energize program #climateawards #sustainability

How is climate change impacting the wine industry? 🍾 In the final panel of today’s #VerdantixClimateSummit, experts Julien Lonneux, James Simpson and Simon Mason join Verdantix CEO David Metcalfe to discuss the rise (and risks) of the English wine industry. They emphasise that, while global warming may have had some benefits to crop yields at English vineyards, sustainability needs to be at the heart of what they do. Other takeaways include: 🥂 As knowledge of growing at these vineyards increases, so will the quality of the wine. ✅ Many English vineyards already have clear routes to net zero. ♻️ The rise of the industry provides an opportunity to reuse glass bottles in a nationwide circular system. #SparklingWine #WineIndustry #EnglishWine #ClimateChange

How should firms be using climate scenarios? Martin Sutton, Eszter Haberl, Alex Hardwick and Steven R Smith join Stuart Neumann in today’s panel ‘Making Climate Scenarios Decision Useful: From Strategy To Risk Management.’ Key takeaways include: ⏳ The importance of bringing findings back to a short timeline - translating risk to the next five years is how to get attention on the board level. ⚠️ Understanding that a lot of systemic risks are already taking place, and that delays in climate action could cost billions of dollars. 🤝 The need to expand our thinking around the impacts of extreme weather events to include the individual level - this is sometimes overlooked by current models. #VerdantixClimateSummit #ClimateModelling #ClimateScenarios #BusinessRisk #ClimateRisk #CorporateSustainability #ClimateAction

“Right now, small sustainability teams are using a lot of manual effort.” In today’s Benchmark Gensuite® workshop at the #VerdantixClimateSummit, Peter Walsh and Kevin O'Neill address how AI can streamline sustainability tasks from CSRD reporting to scope 3 calculations. They remind us of the opportunities to be found in moving sustainability teams away from the manual detail of spreadsheets to thinking about big picture impact. Though AI outputs always require checks, benefits such as the ability to aggregate data and automate its categorisation can save organisations a huge amount of time. #ClimateReporting #EmissionsReporting #RegulatoryCompliance #Scope1 #Scope2 #EmissionsCalculations #CorporateSustainability #ESG

“What we took for granted in the past we can no longer take for granted in the future.” Panellists Paula Hermogenes, Sandrine Ricard, David Croft and Clare F. join Lily Turnbull in a discussion about the importance of biodiversity to business operations. With half of global GDP highly dependent on nature, our speakers unpack the array of industries that are reliant on our ecosystem and how to mitigate our impact upon it. Their comments include the importance of giving back with regenerative projects, why you should think local when engaging with suppliers and restoration schemes, and how peers can learn from each other on best practices. #VerdantixClimateSummit #Biodiversity #SupplyChain #TNFD #ClimateAction #CorporateSustainability #NatureRestoration

“ESG reporting: the reality is, this is the direction of travel.” Whether embracing the change or dragging their feet, firms must respond to growing ESG demands and climate risks. EcoOnline Global’s David Picton and Neil MacRae talk us through the influence and impact of increasing climate risks and ESG regulation in their illuminating presentation at the #VerdantixClimateSummit. Key insights include: 🎯 ESG has gone beyond compliance to become a key boardroom priority, with 4/5 at a boardroom level held accountable. 📊 Data quality and visibility remains a number one ESG challenge. ⚠️ One of the best ways to compare climate risks is to look at both severity and rate of change. They also emphasise the importance of viewing climate action through a lens of opportunity rather than sacrifice. #ClimateRisk #ESG #CorporateSustainability #SustainableBusiness #ClimateStrategy #RegulatoryCompliance #ClimateAction

How important is it to combat greenwashing? Renée Lenore, J R Van Order and Rt Hon Chris Skidmore kick off the afternoon at the #VerdantixClimateSummit with an insightful discussion on establishing climate credibility. They remind us that there are serious risks to greenwashing, as legal liability increases and pressures from investors, shareholders and customers grow. Their suggestions include moving from sampling to real time reporting, being honest about your baseline and limitations, and applying assurance methods to climate data. #SustainableBusiness #SustainabilityReporting #CorporateSustainability #RegulatoryCompliance #Greenwashing #BusinessRisk

“We see a remarkable shift in the market here.” Senior Analyst Connor Taylor talks us through the digital carbon and climate software market at today’s #VerdantixClimateSummit. His takeaways include the market shift towards easier data collection, and the importance of integrating multiple solutions rather than selecting a single tool. #CarbonReporting #SustainabilitySoftware #ClimateSoftware #CorporateSustainability

“There’s no one size fits all solution.” Merck Group’s Senior Vice President of Sustainability Management, Kai Zinn, joins today’s #VerdantixClimateSummit for a session on creating sustainable data ecosystems. He emphasises the importance of identifying your firm’s specific pain points and finding a software solution that addresses them, as well as considering the accompanying change management needed for adoption. #SustainabilitySoftware #SustainabilityData #SustainableBusiness #CorporateSustainability #CSRD