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Understanding the Corporate Sustainability Due Diligence Directive (CSDDD)
The Corporate Sustainability Due Diligence Directive (CSDDD) represents a significant step forward in the European Union’s efforts to promote sustainable and responsible business practices. With its focus on human rights and environmental protection, the directive imposes new obligations on companies, affecting their operations, subsidiaries, and value chains. This blog post delves into the key aspects…
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The Importance of Measuring Value Chain Emissions for Small Businesses
In today’s environmentally conscious landscape, small and medium-sized enterprises (SMEs) face a crucial task: measuring and managing their value chain emissions, particularly Scope 3 emissions. This article delves into the importance of this process, outlining the significant impact these emissions have on a company’s overall carbon footprint. We discuss the challenges SMEs face in measuring…
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The value of Sustainability: ESG and Non-Financial Impact Reporting for European SMEs
In a world that’s continually evolving towards digital predominance and ecological awareness, the focus on sustainability and environmental impact among businesses, especially Small and Medium-sized Enterprises (SMEs) in Europe, has surged. The combination of a heightened public awareness of climate change, increasing investor and customer pressure, and the advent of tools to measure environmental impact…
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Why companies think sustainability is a trend in 2022
Sustainable mindset in successful companies According to a global survey conducted by The Harris Poll for Google Cloud, many executives are prioritizing sustainability at their companies. Executives also said they are looking to invest more in sustainability and technology than in any other area this year, though they confess that they are not quite sure…
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ESG reporting in the future
The deadlines are as follows: January 1, 2022 All in scope companies need to report the proportion of their turnover, Capex, Opex, AUM (for asset managers) or Green Asset Ratio (for banks and credit institutions) that is Taxonomy-eligible. Eligibility is merely an indication that a company makes money in an activity that can be tested…
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Greenwashing or not greenwashing? The answer is in the data
ESG reporting frameworks Today the landscape of sustainable funds classified with article 8 and 9 of SFDR is vast and disorganized. The managers of these funds complain about the lack of accurate information about the assets on their portfolio. This is such a big problem since they have to report the emissions caused by the…
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Millions of tons of CO2 : Websites are the invisible enemy of climate change
What is the environmental impact of visiting a website?Did you know that every action we take on the web has an environmental consequence? 70% of all CO2 emissions generated by websites come from user devices, while 25% come from data transmission and 5% come from data centers. This means that every action performed on the…