Lucion’s Post

GRI applications are a good example of this type of “reporting trap”. GRI standards are a widely used framework for sustainability reporting. However well-intentioned, their use can inadvertently lead to the "reporting trap" if not strategically implemented. While GRIs offer structure, many organizations fail to adopt a holistic approach. Companies often focus on a couple GRIs and call it good. This can result in: * Focus on Compliance Over Impact: Treating GRIs as a checklist rather than adopting a culture of change for good. * High Costs and Resource Intensive: Investing heavily in reporting without commensurate returns. * Limited ROI Measurement: Struggling to quantify the value of sustainability efforts as there are few consistent comparison metrics. To avoid this trap, GRIs should be integrated into the core business strategy, not seen as an add-on. A robust business case is essential. While including GRIs in KPIs is a step, it's insufficient to drive meaningful change. They need to be a part of how business is done.

Sustainable innovation is crucial for businesses aiming to integrate ESG principles. It involves purposeful adjustments to generate long-term benefits while maintaining profitability. Eco-conscious companies attract talent, foster resilience, and contribute to global sustainability goals. Key steps include setting goals, integrating sustainability, and embedding principles into every stage of the innovation process. Embrace innovation with a focus on responsibility for a prosperous and sustainable future.   Read more at :https://lnkd.in/evdmm3bp   #Sustainability #Innovation #ESG  #BusinessStrategy #SustainableDevelopment #CorporateResponsibility #ClimateAction #CircularEconomy #SocialImpact #GreenTechnology #SustainableInnovation #ESGStrategies #EnvironmentalResponsibility #BusinessGrowth #Resilience #GlobalSustainability #FutureofWork

Unlocking limitless potential through sustainable innovation isn't just about meeting today's challenges; it's about seizing tomorrow's opportunities. Embrace the power of ESG strategies to drive business growth, foster resilience, and carve a path towards a brighter, more prosperous future. #BusinessGrowth #SustainableInnovation #ESGStrategies

💡 Did You Know: 91% of all our new innovation projects in 2023 were deemed as having #sustainability value propositions according to our internal Innovation for Sustainability scoring methodology? 🔬 This tool enables us to: 🔹 Enhance our future portfolio in terms of sustainability and positive impact for our customers and consumers. 🔹 Identify sustainability benefits and risks associated with our innovations from a life cycle perspective. 🔹 Embrace better-informed decisions through transparency. An innovation assessed as having a sustainability value proposition must show a relevant and realistic sustainability benefit without substantial, unmanageable risk. 👉 Learn more: iff.co/I4S #DoMoreGoodxIFF #DoMoreGood #ESG

🌱 The C-suite's Sustainability Revolution: From Checkbox to Strategic Innovation Exciting insights from our analysis of the 𝟮𝟬𝟮𝟰 𝗗𝗲𝗹𝗼𝗶𝘁𝘁𝗲 𝗖𝘅𝗢 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗥𝗲𝗽𝗼𝗿𝘁! Key findings that are reshaping business: - 85% of executives increased sustainability investments - 92% believe growth and emission reduction can coexist - 85% of leading companies are creating climate-friendly products What's changed? Sustainability isn't just about compliance anymore—it's driving innovation and creating real business value. The question has shifted from "if" to "how" we transform for a sustainable future. At Massivue, our 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗔𝗴𝗶𝗹𝗶𝘁𝘆 𝗳𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 helps organizations turn these sustainability challenges into opportunities for innovation and growth. From sustainable finance to green operations, we're here to guide your transformation journey. Read our full analysis and discover how your organization can lead in this new era of sustainable business: https://lnkd.in/gkqrFDyK #Sustainability #BusinessStrategy #Innovation #CSuite #ClimateAction #SustainableTransformation #GreenBusiness #Massivue

According to esgresearch.pro, businesses that perform well in terms of environmental, social, and governance (ESG) stand out from the competition. This boosts a positive brand image for businesses which increases financial performance! SusTek.ai we help companies keep a strong corporate reputation in the ever-changing market by streamlining sustainability reports while staying competitive! Start your sustainability journey today with SusTek.ai #SusTekAI #Sustainability #ESG #ActNow #SusTekLinkedInCountdown #SustainableBusiness

Why should companies report on sustainability? Because it offers a different perspective on their operations. What does this different perspective usually imply? It reveals new opportunities for growth, innovation, and long-term resilience, while also improving stakeholder trust and aligning with regulatory demands. #sustainability #esg #sustainabilityreporting

🌱 Driving Sustainability in IT: ESG Awareness for Growth 🌍 Join us for an insightful webinar exploring how ESG (Environmental, Social, and Governance) principles fuel innovation and sustainable growth in the tech industry. 🚀 Register Now: https://lnkd.in/g-eZZ5K5 Let’s shape a future where technology meets responsibility. Together, we can drive impact and growth! 💡 #Sustainability #ESG #TechInnovation #Growth #Webinar #IT #SustainableTech M S Sujith Unni

Businesses today need to shift their focus from merely reporting inputs on sustainability initiatives to demonstrating tangible outcomes and lasting impacts. Ultimately, the fusion of financial stability and impactful sustainability is where future success lies. #Sustainability #Innovation #Impact

🌿✨ Unlock Your Business Potential with Terran Industries ✨🌿 Stop juggling sustainability demands while trying to grow your business. At Terran Industries, we've got your back! Our comprehensive #ESG solutions handle the backend, so you can focus on what you do best – driving business growth. 🌱 Leave the Carbon Footprint Measurement, ESG Reporting, and Sustainable Supply Chains to Us. 📈 You Focus on #Innovation, #Expansion, and Making an #Impact in Your Industry. 💼 Let's Partner Up and Take Your Business to New Heights – Sustainably! Ready to thrive while making a positive difference? Let's chat! Email admin@terranindustries.com.au today! #BusinessGrowth #Sustainability Evannah Jayne Katherine Rocchio Benedek Sipiczki Sienna Simkins