Blue csr strategies

Very excited to share that our team is growing! We have three new team members with impressive backgrounds that are already making great contributions to the team. Claire Greenlees joined our team as ESG Analyst this week. Claire recently graduated with an MS in Engineering, Science, & Technology Entrepreneurship (ESTEEM) from the University of Notre Dame. Brooke Kahl is interning with us this summer and is a Fowler Fellow currently pursuing an MBA at Case Western Reserve University. Emma Stamper is also interning with us this summer and is currently pursuing a double major in Sustainability and International Business at Baldwin Wallace University.

Double materiality is a concept that recognizes that sustainability issues can have both financial and non-financial impacts on an organization and its stakeholders. It means that an organization should consider not only how sustainability issues affect its financial performance and value creation, but also how its activities and outputs affect the environment and society as well as reputation. Double materiality has become a regulatory requirement for many companies that are headquartered or do business in the European Union. The Corporate Sustainability Reporting Directive (CSRD), which came into force January 1, 2024, for 2025 reporting, will require companies to disclose information on both the financial and non-financial impacts of sustainability issues, using a common set of standards and indicators. As part of these requirements, companies must conduct a double materiality assessment to determine the material sustainability issues for their business and their stakeholders.?? Our firm can help you to conduct a double materiality assessment. We have extensive experience and expertise in conducting materiality assessments for a wide range of clients and sectors. If you are interested in learning more about double materiality and how we can help you with it, please contact us at [email protected] or visit our website for more information.? Image Source:?https://lnkd.in/ehfhu8Um #DoubleMateriality #Sustainability #ESG #MaterialityAssessment #CorporateResponsibility?

We are thrilled to announce that Brooke Kahl, who was an invaluable intern with us over the summer months, is now officially joining the Blue csr strategies team as an ESG Consultant! Brooke, a Fowler Fellow and MBA Candidate at Case Western Reserve University, has already made a remarkable impact, and we look forward to seeing her bring even more expertise and enthusiasm to our clients’ efforts to improve their ESG performance. Congratulations, Brooke – we are ecstatic to have you on board! #Growth #ESG #ESGConsultant #NewHire

We're thrilled to share we received for the second year in a row a gold rating from EcoVadis and scored in the 96th percentile, placing us in top 4% of all companies assessed by EcoVadis this year. We are an approved EcoVadis training partner, and we help companies identify gaps, make improvements and submit their assessment. If you're interested in learning more about how we can support you, whether this is your first submission or you're looking to improve on your last submission, we are here to help. Check out our website for more information: https://lnkd.in/d5jKRx6Z Send us an email at [email protected] to learn how to get started. #EcoVadis #ESG #Sustainability #EcoVadisTrainingPartner

You may have heard about the staff at the Science-Based Targets Initiative (SBTi) threatening to “mutiny” this past spring when SBTi’s board approved a plan to allow companies to offset greenhouse gas emissions from their supply chain with carbon credits without the input of the organization’s technical teams. Several staff members asked for the CEO to step down. Since then, SBTi seems to be taking steps to “right the ship,” to keep this pirate analogy going. SBTi announced in May it would be revising its Corporate Net Zero Standard next year, and CEO Luiz Amaral stepped down in July, citing “personal reasons.” As part of its plans to revise its Standard, SBTi released a few weeks ago 4 sets of research papers on “considerations for a more effective approach to Scope 3 emissions.” For those of you who are less familiar with SBTi, you might be wondering why their internal bickering about carbon offsets is so concerning to the rest of the sustainability world. The reason is that SBTi has become the go-to standard for third-party verification of net zero targets. So, their methodology for determining how to set and achieve net zero emissions will play a huge role in whether companies meaningfully make progress towards net zero.? And SBTi’s research papers indicate the organization will still likely exclude offsets for Scope 3 emissions, which will make it challenging even for climate-ambitious companies to meet its Net-Zero Standard because it requires reducing emissions in supply chains that are often out of companies’ direct control. Margaret Morales wrote in a Trellis piece recently she worries companies in the coming years will either withdraw from the program or just never sign up.? Link to SBTi’s research papers: https://lnkd.in/epK7JC6C? ? We’ll be keeping abreast of SBTi’s updates to its Corporate Net-Zero Standard as we help clients navigate the SBTi process. Please reach out to us at [email protected] if your company is navigating or considering navigating target setting and/or the SBTi verification process.?? ? #SBTi #Emissions #Target #Climate #Scope3 #Sustainability #ESG #CorporateResponsibility?

To provide clarity for both EU and internationally-based corporations, the EU Commission has published?frequently asked questions (FAQs)?that cover topics including: - Sustainability reporting requirements introduced by the CSRD; - Guidance on obtaining verified third-party assurance of sustainability reporting; - What qualifies as a key intangible resource; - Requirements for companies not based in the EU; and - Details on the Sustainable Finance Disclosure Regulation (SFDR). https://lnkd.in/dqgg8tMZ #Sustainability #ESG #EU #CSRD #SFDR #FAQs