CBTW Strategy & Governance’s Post

At the end of the day, what we hope to achieve is the integration of sustainable practices as part of day to day business and the creation of meaningful value and impact to all our stakeholders. Then, we can choose however we think is the best way to report what we truly do.

Last week, I attended The Scope 3 #InnovationForum conference in Amsterdam with my colleague #IngridHadvig. The key takeaways? Mapping and clustering the #valuechain has become a crucial step for organizations, especially in light of the #CorporateSustainabilityReportingDirective (CSRD) requirements. Understanding the supply chain helps companies meet compliance and foster sustainability. 🌍 Accurate data from value chain partners is crucial for making informed decisions and taking effective actions to reduce Scope 3 emissions. With 70-90% of their emissions falling under Scope 3, businesses must prioritise accurate sustainability data from suppliers. This data is crucial for procurement professionals aiming to reduce emissions. Although collecting this data poses a significant challenge, it is the essential first step towards achieving meaningful reductions. To obtain quality data, #ProductCarbonFootprints (PCF) and #EnvironmentalProductDeclarations (EPD) are essential tools. Companies are increasingly demanding their value chain partners provide PCF and EPD for their products to drive actionable insights and sustainable practices. 📊 At GO2 Markets, our mission is to make sustainable impact and ESG reporting accessible for every business. We strive to ensure that companies maintain their integrity and stay relevant in a constantly changing market. Together, we can pave the way for a sustainable future. 🌱 #CSRD #GHGAccounting #Scope3 #Innovation

🌱 Drive your CSRD/ESG Initiative with a data-driven approach - but how? From 2025, the Corporate Sustainability Reporting Directive (CSRD) will impose new sustainability reporting requirements on over 50,000 companies in the EU, including 15,000 in Germany. This will require a massive effort in data and sustainability management. ➡️The upcoming transparency requirements and other ESG reporting challenges posed by CSRD are clear indicators that a data-driven sustainability approach right from the beginning, is crucial to deal with this transformation. ➡️Placing humans at the center of all activities is key to driving real change. Engaging all stakeholders and employees in the process fosters innovation and ownership. Additionally, a holistic approach ensures that sustainability initiatives recognize that a system is more than the sum of its parts. ➡️To implement your sustainability strategy effectively, keep the implementation processes in mind and reduce complexity to kick off your data-driven journey. ➡️By integrating sustainability metrics into traditional controlling processes, we provide a comprehensive view of actions from cost, complexity, and impact perspectives. 👉 Read the full article provided by CBTW! https://lnkd.in/dJPGY9PG #SustainableTransformation #DataDrivenSustainability #TechForGood #ESGData #CSRD

Join us for an exclusive CIPS Knowledge & Insight webinar on the future of ESG and navigating upcoming regulations with our partner Certa.ai 🌍 📅 Save the Date: Thursday 23 May | 3pm BST 🖥️ Register Now: https://lnkd.in/eA8B7ifE Speakers will explore key ESG trends, provide regulatory insight, and reveal strategies for sustainable growth. Don't miss out—reserve your spot today! #ESG #Sustainability #Webinar #RegulatoryInsights #SustainableGrowth

🌏Sustainability Disclosure Frameworks and Standards 🌏 📈 With sustainability reporting evolving at an incredible pace, it can be difficult to stay ahead of this fast-changing landscape. How can these disclosures and reporting standards be conceptualised? 📊 As stakeholders—whether they be investors, consumers, or regulators—are demanding more meaningful data. The focus has shifted towards ensuring that sustainability reports truly reflect a company's performance. This has made disclosures more comprehensive, and complex and increasingly require highly skilled internal teams to execute. 🔎 In the current landscape, the best reports are those that offer clarity, relevance, and context. They move beyond regulatory requirements to provide a comprehensive picture of how a company is addressing the complex challenges of sustainability and ESG. Below is a list created by Antonio Vizcaya Abdo in partnership with Voiz Academy for our 'Sustainability Simplified' series 💚. If you are interested in a career in sustainability, understanding the context of these regulations is a great step. #SustainabilityReporting #Stakeholders #ESG #Data

I'm starting a new series: 7 slides for your sustainability insights 🌱 On a regular basis, I will post short explainers —in just 7 slides— on the latest sustainability related developments to keep you up-to-date, such as new regulation requirements, industry challenges, relevant news updates, solutions, and more. The first edition: 7 of the most common ESG data management challenges faced by large corporations, which have become especially prevalent with the new mandatory CSRD reporting requirements. Be sure to follow to easily stay informed! #sustainability #regulation #csrd #esgdata NextWave-Infinium

This BARC study highlights a significant shift in ESG reporting, where legal obligations are no longer the primary driver. Instead, companies are prioritizing customer reputation, employee perception, and other stakeholder interests. Despite this, data quality and source variety pose significant challenges, leading firms to invest in training and external expertise. Interestingly, there’s no consensus on the best technology for ESG reporting, with a mix of specialized software and basic office tools being used. https://lnkd.in/gRnd5JR2

🌟 Reminder: Did you miss our previous post about the CSRD and ESRS webinar? Don't worry, there's still time. 👉 Register here: https://lnkd.in/dDpnhfna This webinar provides a comprehensive guide to the new regulations, helping you: - Understand Key Requirements: Demystify CSRD & ESRS and their integration with existing frameworks. - Unlock Hidden Benefits: Discover how CSRD compliance can improve efficiency, adaptation, and even boost your brand reputation. - Get Expert Insights: Ask your specific CSRD and ESRS questions directly to our sustainability experts. Speakers: Kayleigh Lee-Simion: Sustainability Expert Aaroh D.: Chief of Staff, Credibl ESG Join us on 21st November at 11:30 AM CET 👉 Secure Your Spot Today: https://lnkd.in/dDpnhfna #Sustainability #CSRD #ESRS #Webinar #Compliance #CrediblESG #SustainableReporting #ESG #CorporateSustainability #SupplyChain #GreenBusiness

Just came across the summary of Ten Predictions For ESG And Sustainability In 2024 by #verdantix. It's evident that many companies are realizing their lack of preparedness to comply with regulations such as #CSRD. Noteworthy points from the predictions include: - Over 25% of organizations will invest in product stewardship software due to mounting customer and regulatory pressures, emphasizing the need for automated solutions. - Companies will proactively address risks by integrating ESG into procurement processes and supplier engagement, driven by regulations focusing on supply chain transparency. Exciting times ahead as we witness a shift towards greater transparency and sustainability in supply chains. Contact #CommonShare to explore our innovative solutions that delve into traceability at the SKU level, going beyond traditional supply chain practices. #SupplyChains #ESG #Sustainability #transparency #CS3D #CSDDD #SupplyChainTransparency

Today, we participated in Position Green’s launch of the ESG100 report, which explores how the largest companies in Europe and Scandinavia are adapting to the upcoming reporting requirements under ESRS. These requirements will be phased in from 2025 to 2028.   The increased demands for sustainability reporting necessitate the collection and management of vast amounts of data. It was therefore invaluable to hear from CFOs and sustainability leaders from several major companies on how they are navigating this complex challenge.   Camille Leca, Group Head of ESG and Sustainable Finance at Euronext, took part in a panel discussion alongside KONGSBERG Gruppen and Boozt, addressing the practical challenges and opportunities of #ESRS reporting. She encouraged a pragmatic approach and emphasised that the data collected can be used strategically to drive business development. The panel also highlighted the importance of shifting focus from reporting itself to how companies can implement changes that help achieve their sustainability goals. Our recently published ESG Trends Report for 2024 shows that companies listed on Euronext have reduced their greenhouse gas emissions by 14%, without negatively impacting revenue – a critical factor for long-term sustainability and efficiency.   Many thanks to Position Green for an insightful report and for the opportunity to participate in the launch! Would you like to learn more about how we can support your ESG reporting efforts? Find out more here: https://lnkd.in/gVpby5B