The European Commission has adopted “Omnibus” packages of proposals designed to simplify EU rules and boost competitiveness. These packages aim to reduce administrative burdens by at least 25%, with a target of 35% for SMEs. The proposals cover sustainable finance reporting, sustainability due diligence, EU Taxonomy, the Carbon Border Adjustment Mechanism, and European investment programmes. … Continued
You can find the Sustainability Report 2023 here.
In financial markets, a distinction is often made between signal and noise when it comes to company information. How will financial market players perceive ESRS reports? As useful signals? Or as superfluous noise? The reality of ESG use Although countless academic studies on ESG have been published in recent years, the question of how exactly … Continued
As many of us and you are elbows deep in CDP submissions currently, it is now abundantly clear that CDP has revamped its disclosure platform and reporting process for corporations and organizations. While CDP’s efforts are well-intentioned, the new platform and format present some challenges that require different strategies in order to maximize your scores. … Continued
Reporting on climate-related risks and opportunities is increasingly required by regulators, clients and investors. The recommendations by the Task Force on Climate-Related Disclosures (TCFD) are a key instrument in addressing this need. What is TCFD reporting, how should companies go about it, and what qualitative and quantitative content can be expected? Where does it come … Continued
The nervousness of companies was clearly noticeable in the run-up to the new CO regulations. Many companies found it difficult to report on the risks of their business activities in accordance with the legal requirements, instead of just highlighting positive, image-enhancing measures and successes around sustainability. Following the publication of reports on the past financial … Continued
On March 6, 2024, the U.S. Securities & Exchange Commission (SEC) voted to publish the final rules for climate-related disclosures initially proposed in 2022. After a rigorous comment period, the rules have been altered significantly. The two most impactful changes relate to emissions requirements: The final rules have already been challenged on various grounds. As … Continued
A study conducted by the University of Bern in collaboration with Sustainserv shows that Swiss companies are currently still focusing their sustainability efforts primarily on compliance requirements. However, the increasingly established advanced sustainability approaches are not yet firmly anchored in the corporate culture. The survey of 84 sustainability experts in Swiss companies focused on the … Continued
The GreenBiz conference, the annual gathering of sustainability professionals new and old, convened in sunny, brisk Scottsdale, Arizona. Sustainserv Managing Partners, Stephan Lienin and Matthew Gardner, along with Sustainserv Senior Director, Jeff Gowdy, represented the firm. Here are our key takeaways: The Mainstreaming of Science Based Targets for Nature (SBTN) SBTN and its framework colleague, … Continued
As consultants, we are constantly looking out for how the actions and decisions in the global sustainability space may impact or present opportunities for our clients. To that point, the outcome of the recent global climate conference, COP28, represented a possible inflection point in the global climate debate, with their direct discussions about fossil fuels … Continued
In today’s business world, stakeholders expect managers to be able to comment on key business areas such as strategy and risk management. In the area of ESG (Environmental, Social, Governance), there is still often a lack of clarity from management. It is crucial that companies take ESG issues seriously and integrate them into their business strategies and management.