Quick Summary: This article posits that with ESG and sustainability now crucial for businesses worldwide, third-party assurance is rapidly increasing in importance. It details how assurance currently comes in two levels: limited and reasonable, with regulations like the EU’s CSRD mandating…
Materiality Assessments: Here’s Why You Can’t Afford to Skip Them
Quick Summary: This article discusses the importance of materiality assessments within corporate sustainability strategies, and delves into the process of identifying and prioritizing issues that impact both the company and its stakeholders. The piece explores various types of materiality assessments, including…
The CSDDD is Your Latest Corporate Sustainability Directive
Quick Summary: This article discusses the Corporate Sustainability Due Diligence Directive (CSDDD) which aims to hold large EU companies accountable for environmental and human rights impacts across their value chains. It outlines CSDDD requirements, including reporting obligations and alignment with climate…
A Best-in-Breed Approach to ESG Software? It’s Not That Simple.
Quick Summary: This article highlights the complexities involved in evaluating sustainability software options, covering aspects such as compatibility, administrative burden, security risks, and cost factors. It advocates for careful consideration between multiple vendor solutions and integrated ones, suggesting that a single…
Are You Ready for the 2024 CDP Changes?
CDP (formerly Carbon Disclosure Project) saw massive momentum in 2023 with a 24% increase in reporting companies that led to a record 23,200 companies representing over 66% of global market value along with 1,100 cities, states, and regions reporting to the…
Is Transition Investing the New ESG?
The rise of Environmental, Social, and Governance (ESG) factors has significantly influenced business and financial markets, with stakeholders increasingly valuing these business aspects. There has, however, been pushback against this trend, perhaps exemplified most recently by the lawsuit from ten Republican…
You’ve Produced Your First Sustainability Report. Now What?
KEY TAKEAWAY Producing your first sustainability report is a great achievement – and your first step to achieving even better outcomes. ESG reporting has become a major trend for companies that are looking for ways to communicate their efforts to become…
The Role of Purpose-Built Technology in Supply Chain Sustainability Data Management
No longer a ‘nice to have’, sustainability has rapidly become a societal expectation, with companies facing mounting pressure to align their operations accordingly. The sustainability ethos now touches everything within the business environment – supply chains included – and organizations are…
The Importance of Effective Data Integration in ESG Reporting
The ability to connect and integrate with other software platforms has become a sought-after feature for organizations evaluating ESG software. As a product of our modern digital age, the Chief Information Officer (CIO) plays a critical role in aligning technology initiatives…
The Case for Adopting Established ESG Standards Over Creating Your Own Framework
Stakeholder demands for businesses to disclose non-financial metrics has increased exponentially over the past few years. Primarily, this has centered on data around environmental and social impact, as well as good corporate governance — or how committed they are to environmental,…
