New Blog Alert! Have a read of our latest Blog. We are delighted to announce that our company has been shortlisted for the Environment Analyst's Sustainability Delivery Awards 2024. #remediation #award #blogpost #eesi
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⏰ The #CSRD and #ESRS are in in place, while most companies focus on measuring their emissions and carbon footprint, a critical aspect of ESRS is that reporting covers additional Environmental aspects (such as biodiversity) as well as Social and Governance aspects. 🧐 So it is not “just” Environnemental Sustainability as many seem to believe, it is truly overall Sustainability, or ESG. 🟢🔵🟠 Great summary from the team at Ashurst #sustainability #sustainabilityreporting #esg #esgreporting
First European Sustainability Reporting Standards (ESRS) apply from 1 January 2024
lexology.com
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For sustainability reporting, a new initiative aims to streamline GRI and ISSB sustainability reporting standards. This will allow more robust sustainability reporting on a global scale. https://lnkd.in/dD_sycmu
GRI and IFRS Foundation collaboration to deliver full interoperability that enables seamless sustainability reporting
globalreporting.org
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#EY #ISSB #GCRS The International Sustainability Standards Board (the ISSB) initiated the first consultation of its agenda priorities in May 2023 for its work plan for the next two years. It has decided to take on two new research projects focusing on risks and opportunities related to nature and human capital. We have released an article on this development and highlighted what this means for companies. Click below to read more.
ISSB takes on new research projects
ey.com
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𝐇𝐮𝐫𝐫𝐚𝐲! 𝐎𝐮𝐫 𝐄𝐌𝐀𝐒 𝐂𝐞𝐫𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝐨𝐟𝐟𝐢𝐜𝐢𝐚𝐥𝐥𝐲 𝐞𝐱𝐭𝐞𝐧𝐝𝐞𝐝 𝐢𝐧 2024✅ Achieving our sustainability objectives in 2023 was a collaborative effort, requiring the contributions of many colleagues. Among the critical actions we implemented and diligently maintained were: 📊 Calculating the impact of projects 👀 Assessing our internal carbon footprint 🌳Decarbonizing 100% of our carbon emissions, notably through projects supported by our partners PlantC and Microsol 💪 Working towards the continuous reduction of the negative impact and improvement of the positive impact through our environmental management system Would you like to learn more about our actions and see which ones could also work for you? Check out our freshly designed CSR Report here: https://lnkd.in/eGqCFXfb #Sustainability #Management #WhatInspiresMe
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🌍 Urgent Update: Sustainability Reporting Deferred 📉 The European Council has deferred sector-specific sustainability reporting standards under the Corporate Sustainability Reporting Directive (CSRD) by two years, impacting EU and non-EU companies. This delay raises concerns about slowing progress on environmental goals. While intended to aid implementation focus, it prompts questions about urgency in addressing environmental impacts. As we face climate change's realities, maintaining momentum is crucial. While the European Sustainability Reporting Standards (ESRS) set a foundation, this delay calls for renewed urgency in sustainability efforts. Let's refocus on accelerating progress towards a sustainable future, emphasizing transparency and accountability. #SustainabilityReporting #CSRD #EnvironmentalConcerns 🌍📉 https://lnkd.in/eCnrVcCV
EU gifts companies a 2-year delay on sustainability disclosures | GreenBiz
greenbiz.com
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Prepare for the new European Sustainability Reporting Standards (ESRS) in 2024 if you're doing business in the EU! 🌍📊 These standards focus on vital Environmental, Social, and Governance (ESG) aspects. ♻️ Discover the power of the circular economy 🔄 – minimizing waste, maximizing resources, and uncovering opportunities. 💼🌱 Get the scoop on the ESRS draft from the European Commission: https://lnkd.in/dBXx9Ruh. Get to know more about ESG requirements: https://lnkd.in/d4Cnq-T8 Get ready for #ESG #ESRS #circulareconomy – shaping a sustainable future for businesses! 🚀🌿
csrd-delegated-act-2023-5303-annex-1_en.pdf
ec.europa.eu
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Let's have a look into the development and progress of the #ESRS sustainability standards. The European Sustainability Reporting Standards (ESRS) are a set of standards that are being developed to support the Corporate Sustainability Reporting Directive (#CSRD). The CSRD is a new EU directive that have made it mandatory for large and listed companies in the EU to report on their sustainability performance. The ESRS provides the framework for this reporting. The standards have been finalised and adopted by the European Commission to be the official sustainability reporting standards for the EU. Learn more on this framework --> https://lnkd.in/e3e39xGE ESRS-CSRD #GRI #sustainabilityreporting #rewardvalue #longtermvaluecreation Paige Hanekom, Reward Value
ESRS - Sustainability reporting landscape - Part II
https://www.youtube.com/
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Strengthening Environmental Reporting Under BRSR Companies filing Business Responsibility and Sustainability Reports (BRSR) are taking a positive step towards greater transparency and accountability. However, there is still room for improvement in the quality and comprehensiveness of these reports. The BRSR can be a powerful tool for promoting corporate sustainability. However, the current reporting framework is not as effective as it could be. Recommendations for strengthening environmental reporting under BRSR : 🌀Requiring companies to report on a wider range of environmental indicators. 🌀Making it mandatory for companies to set and disclose sustainability targets. 🌀Ensuring that BRSR reports are independently verified. By implementing these recommendations, we can make BRSR a more effective tool for promoting corporate sustainability. Constructivist is a leading sustainability consultancy that helps companies improve their environmental performance. We offer a range of services, including: * Sustainability strategy development * BRSR reporting * Environmental impact assessment * Climate change mitigation and adaptation We believe that every company has a responsibility to protect the environment. We are committed to helping companies achieve their sustainability goals. Please visit our website - www.constructivist.in to learn more about our services. #BRSR #Sustainability #EnvironmentalReporting #constructivist
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The European Commission has published the final text of its first set of twelve European Sustainability Reporting Standards (ESRSs)1. It's somehow disappointing, and here's why: Although the ESRSs provide information for investors to understand the sustainability impact of the companies in which they invest, the final rules are significantly watered down and can be considered a step back in ambition and robustness compared to its earlier drafts. The Commission decided to move away from mandatory core disclosures for topics like biodiversity transition plans. These changes were made to facilitate convergence at a time where the reporting landscape is consolidating, but end up leaving key sustainability topics that have historically been overlooked still part of the voluntary disclosures. In terms of timeline, disclosures will be required as early as the 2024 reporting period for the first wave of companies. Sustainability practitioners will appreciate that the ESRSs take account of discussions with the International Sustainability Standards Board (ISSB) and the Global Reporting Initiative (GRI)) in order to ensure a very high degree of interoperability between EU and global standards and to prevent unnecessary double reporting by companies. #sustainability #esgreporting #esrs #issb #gri #biodiversity #climatecrisis #esgdisclosure #materiality
The Commission adopts the European Sustainability Reporting Standards
finance.ec.europa.eu
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1moIt is great to work with such an innovate team!!