From Compliance to Purpose

Welcome to the first edition of Sustainability in Motion for 2024!

As we step into the new year, professionals in sustainability, legal, HR/operations, and communications are undoubtedly sensing a heightened emphasis on sustainability and ESG reporting. The landscape is evolving rapidly, with multiple compliance demands and impending regulations aimed at curbing greenwashing. The need for transparency rightfully comes with increased scrutiny.

In this edition, we explore opportunities for organisations to build their resilience and future-proof themselves in the face of an ever-changing sustainability landscape.

What to expect:

???#Inspire: A brief business case for moving from compliance to purpose

???#Share: A purpose-driven 2030 sustainability agenda (Case study)

???#Educate: Raising the sustainability bar with CSRD

???#Did You Know: Insights into 2024 EcoVadis updates

???3 ESG news of the month

???Up next on our agenda

#Inspire

A brief business case for moving from compliance to purpose

Meet Jatin Budhraja, our Sustainability Advisory Lead. With a wealth of experience supporting numerous global organisations on their ESG journey, he passionately argues that organisations should not view sustainability merely as a compliance obligation. In today's dynamic landscape, compliance requirements are constantly evolving, often catching businesses off guard. Instead, Jatin advocates approaching sustainability from a standpoint of purpose. This approach not only keeps you ready for any unforeseen challenges but also serves as a proactive measure, effectively future-proofing your business.

Here is his invaluable advice for businesses:

Do you need support building your sustainability resilience?

?? Talk to our experts

#Share

A purpose-driven 2030 sustainability agenda (Case study)

One of our valued partners in the chemicals sector came to us in 2021 with an ambitious sustainability agenda to become the leading benchmark for sustainable development and social responsibility in their industry by 2030. Sustainability to them means innovation in product durability and recyclability.

Since then, we have engaged with them to improve their sustainability maturity; from developing and implementing a Sustainability Management System and sustainability training to helping them develop their first two sustainability reports.

?? Find out how we supported their journey in the past year alone here.

#Educate

Raising the sustainability bar with CSRD

With companies preparing to report in compliance with CSRD, the bar for ESG and sustainability maturity will be raised. This is because the entry point for compliance is not only higher, but mandatory. This means that organisations will have to do more than they normally would before they can claim to be a sustainable business.

???Get ready to meet the CSRD requirements with our Factsheet “Towards CSRD Implementation”, available here.

The resource also includes an FAQ section based on the questions raised during our last CSRD webinar. If you have missed it, you can watch it on-demand here.

Did you know?

Did you know that, as of 2024, EcoVadis introduced changes to scoring and medals, 360 Watch and other technical features?

These changes further exemplify how the bar is being raised across the board on ESG and sustainability requirements.

???Learn more about it in our comprehensive guide “How to Master Your EcoVadis Assessment”, available here.

ESG news

#1 EFRAG’s XBRL Taxonomy Approval Boosts the Call for Digital Sustainability Reporting.

?? Read more

#2 New EU’s Parliament Directive Aims to Halt Greenwashing and Misleading Product Information.

?? Read more

#3 GRI and IFRS Foundation Collaborate on A Unified Approach to Emissions Reporting

?? Read more

Up next!

Take a look at our webinar calendar and reserve your seat if you’d like to learn the latest insights and recommendations from our experts.

???Double Materiality Assessment: From GRI to CSRD-Alignment | Sign up here

???What to Expect for Your 2024 CDP Questionnaire | Sign up here