Together we face global sustainability challenges. Greenhouse gas emissions (net) should be zero by 2050, with a proposed target of -55% by 2030. By joining the iSourcing Hub as a Knowledge Partner for the Sustainability & ESG we hope to be able to support more companies in their sustainability challenges so that the desired goals can be achieved. With our knowledge and expertise we want to make companies aware of developments, possibilities, risks and especially opportunities.
Greenaumatic – iSourcingHub Knowledge Partner Sustainability & ESG
Greenaumatic originated from the ambition to make an impact on a more sustainable future. Our Environmental Social Governance (ESG) reports provide detailed insights into various aspects of achievable sustainability goals.
- Organizations can thus make better decisions and take specific steps to achieve their financial and non-financial objectives.
- ESG criteria help to better determine future financial performance of companies (return and risk).
- Frequently used terms in financial services are: sustainable finance, green finance/credit, sustainable finance, ESG and ethical investing.
We believe that the concepts of Integrated Thinking and Integrated Reporting can create a breakthrough in the business and financial environment in promoting sustainability. At the same time, it is important to safeguard or even expand business results. We believe that when a company starts simple and then incorporates ESG elements into their corporate strategy structurally, it is able to further positive change and step by step create long-term value and contribute to the operating result
ESG clearly converges business elements and sustainability; Measuring and managing CO2 emissions, for example, does not only provide insight into the reduction potential. This has a direct positive impact on the environment for the energy transition, and also translates into a more (cost) efficient business model in the long term. Concrete ESG KPIs can be defined, secured and monitored in your contract management, so that you can extend your impact within your supply chain. Many of your potential risks become transparent against which the correct (return) actions can be deployed in a timely manner.
Governance is another aspect. Creating a healthy and supportive work environment will lead to motivated and engaged staff. This reduces absenteeism, increases productivity and makes you more attractive as an employer. With the current tight labor market and a structural change in employment selection criteria (millennials, The Great Resignation), a transition is clearly needed here too to safeguard the future of companies.
With insight into your ESG position, you are also well prepared for newly introduced sustainability laws and regulations, as the trend towards “sustainability” is accelerating. The sense of urgency has scaled up, driven by the UN, the EU and politics. Sustainability is becoming the standard.
The proposed Corporate Sustainability Reporting Directive (CSRD) will cover more companies than the current Non-Financial Reporting Directive (NFRD). High-quality and reliable public reporting by companies will help create a culture of greater public accountability. This change will mean that all major companies will be publicly responsible for their impact on people and the environment. Many SMEs will face a growing demand for sustainability information – mostly from banks that lend them money and from large companies to whom it is supplied. With an implementation date of December 1, 2022, developments will have to be accelerated to comply with this.
Our main question at Greenaumatic is: How do we get the majority of companies to accelerate? Most entrepreneurs have yet to figure out what exactly “sustainability” means to them and how they want to integrate ESG elements into strategies, processes, reports. The following questions will often arise in your organization when Sustainability & ESG is discussed;
- What do we want to achieve?
- How can we define the most suitable targets?
- Are there rules we have to abide by?
- Which guidelines can support us?
- What controls do we need?
- How do we implement this?
We have added some smart questions to the Public Library of Sustainability & ESG that can help you answer the questions above so that the first steps can be taken. In addition, we can assist you in your next steps so that you can formulate, implement and monitor targeted sustainability initiatives.
If we want to promote useful initiatives for a more sustainable economy, we will have to measure the right elements, report unambiguously and then use them correctly. Once such a foundation is in place, companies can make the right decisions and plan follow-up actions. At Greenaumatic we offer this basis; we help you familiarize yourself with this process by giving you an overview of guidelines, standards and tools from which to choose.
We help companies to implement concrete actions by producing effective impact reports based on data, which often comes from their own organization. By using concrete figures, companies are able to make data-driven decisions for the benefit of corporate social responsibility, create value for their company and contribute to a more sustainable future.
When you opt for the services of Greenaumatic, you will receive:
- Impact reports, consisting of standard reports with flexible customization
- Result indicators that support you in your sustainability goals
- Specific recommendations to take relevant measures
- Industry-specific ESG knowledge
- Guidance to support you step by step
Would you like to get started with our ESG solutions? Are you interested in our ESG-related sustainability reports? Or do you have a question about ESG? Please contact us. We look forward to hearing from you!