Sustainability Strategy
Winning sustainability strategies are characterized by clear choices on where to focus (direction) and a persistent, rapid execution (speed). At Finch & Beak we support companies by designing and implementing sustainability strategies that are directly connected to the company’s must-win-battles. We immediately make them actionable through the development of roadmaps, communications and well-prioritized actions.
Double Materiality – From CSRD to Strategy
On the 13th of April 2023, Finch and Beak hosted a discussion about the novel approach on double materiality that has the potential to accelerate an organization’s sustainability strategy and stakeholder engagement, while identifying an organizations most significant ESG impacts. During the session, Bas Nuijten, director consultant at Finch and Beak, and Clodagh Connolly, Global Director at Business for Societal Impact (B4SI), discussed the practical applications of the CSRD requirements for double materiality and how it can help organizations further strengthen their sustainability approach. This article summarizes the highlights of our Double Materiality webinar while the download provides guidance for your CSRD-readiness assessment.
Going from Single Materiality to Double Materiality
In today's rapidly evolving business landscape, companies face increasing pressure to incorporate ESG considerations into their businesses. The Corporate Sustainability Reporting Directive (CSRD) requires companies to conduct a double materiality assessment to identify and disclose their most significant ESG impacts. While complying with these regulations is essential, companies can also leverage the outcomes of the double materiality assessment process to gain strategic benefits. This article proposes a novel approach to conducting a double materiality assessment, which goes beyond compliance and highlights the strategic value of the process. By incorporating a strategic lens into the assessment, companies are able to identify opportunities to enhance their sustainability performance, strengthen stakeholder relationships, and ultimately drive business growth.
Main Webinar Learnings to Get Ready for the CSA 2023
On 7th of March 2023, Finch & Beak conducted a webinar summarizing the main trends and topics discussed during the in-person CSA Expert Training event held in Amsterdam the week prior. This article gives a brief summary of the webinar focusing on the new timeline and methodology changes for 2023 and best practices related to climate strategy, supply chain management and biodiversity.
Successfully Implementing TCFD: Climate Scenario Analysis
This second article of our series titled 'Successfully Implementing TCFD' provides tips on how to conduct climate scenario analyses, suggesting concrete steps organizations can take in aligning with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. The scenario analysis is applied to the risks & opportunities identified as relevant for a company, as discussed in the first article of this series. This article explains how the financial impact of climate change can be determined in different scenarios and the accompanying download gives practical tips to assist your organization in overcoming three barriers that can prevent the successful implementation of TCFD.
Design and accelerate your company's sustainability transformation
Winning Sustainability Strategies Online Program: 6 Mar - 9 Apr 2023
The IMD Winning Sustainability Strategies Online Program is a “how-to” guide that offers a very pragmatic take on how to integrate sustainability into your corporate strategy – while ensuring it has a strong business case. The program is aimed at business executives, strategy practitioners, and sustainability professionals, who are looking to harness sustainability innovation and its strategic implications. Facilitated by the authors Jan van der Kaaij, Managing Partner of Finch & Beak, and IMD professor Benoit Leleux, this edition starts on 6 March 2023 and registration closes on 20 February 2023.
CIRPASS: Product Identification and Traceability of Products in the EU
Funded by the European Commission under the Digital Europe Programme, CIRPASS brings together a core network of leading organizations to build the European vision for a unified Digital Product Passport (DPP) approach across multiple value chains. It is a collaborative initiative in preparation for the gradual piloting and deployment of a standards-based DPP aligned with the requirements of the Proposal for Ecodesign for Sustainable Product Regulations (ESPR), with an initial focus on the electronics, batteries, and textile sectors. This article shares more about DPPs, elaborates on the CIRPASS project, and includes a downloadable factsheet with extensive information and contact details.
SLR’s Actions for Business Report 2023
SLR’s Actions for Business Report explores the topics that will shape the responsible and sustainable business agenda in 2023. The downloadable report includes key questions for your organization to consider and is intended to support your efforts in Making Sustainability Happen.
How Swiss Organizations Can Leverage TCFD Beyond Reporting
On 31st January 2023, Finch and Beak delivered an ESG Acceleration Webinar to elaborate on how Swiss organizations can successfully implement and benefit from their TCFD-related efforts. During the session, Josephin Schulz, TCFD expert at Finch and Beak, and Peregrine Chard, Head of Risk at Ocado Group, outlined how organizations can use the TCFD as a strategic exercise to strengthen their climate-related activities while also sharing valuable hands-on examples and lessons learned. This article summarizes the webinar’s highlights while the download provides three ESG Acceleration Tips for leveraging TCFD.
Join the CSA Expert Training in Amsterdam
On Thursday, March 2nd 2023, we will deep-dive into the challenges of the S&P Global Corporate Sustainability Assessment (CSA) during this exclusive in-person event. A key component to selecting companies for inclusion in the Dow Jones Sustainability Indices are S&P Global ESG Scores, which are calculated based on the results of the CSA. The training focuses on sharing best practices on climate strategy, supply chain management, and biodiversity, and we'll look ahead at changes to the timeline and methodology changes for 2023. The event’s intimate setting also creates a great opportunity for exchanging with ESG practitioners at other top companies, and with our speakers from S&P Global Sustainable1, ASML, Corporate Citizenship and SLR Consulting.
Using TCFD to understand and prepare for the impact of climate change on your organization
