Sustainability Strategy

 
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Powering Sustainability with Open Innovation

Changing market dynamics, rapid technological growth, and stakeholder pressure to find solutions to today’s toughest challenges requires companies to constantly evolve and develop new practices – if they want to stay competitive. There is no denying that every company can benefit from looking outside its own boundaries to come up with bold, new, and sustainable ideas. However, the search for open innovation and its integration into the company context needs to be done right to drive sustainable business transformation.
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Getting Around in the Circular Economy

Sustainable mobility is one of today’s biggest challenges and the increase in introductions of electric vehicles has proven this. According to Bloomberg’s 2019 outlook on the Electric Vehicle market, it is expected that 57% of all passenger vehicle sales will be electric by 2040, and 80% of shared mobility will be electric with companies as Uber and Lyft gaining market share.
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StratESGy Unplugged

Analysts are better able to assess fundamental risk and reflect it in stock prices when corporate disclosures are specific and avoid vague, abstract language. However, according to SASB’s State of Disclosure Report, companies used vague and non-specific language more than 50% of the time across ESG topics. Sustainability leaders such as DSM, Unilever and Barry Callebaut demonstrate that a focused materiality approach that is strongly allied to the company’s Enterprise Risk Management and aligned with its business strategy leads to better results, both for society and for shareholders. With only an approximated 30% of companies actually combining their materiality assessment with their Enterprise Risk Mapping, “StratESGy”, i.e. the alignment of business strategy with ESG factors, is still in its infancy.
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Tuning in on Materialities That Matter

Spraying sustainability efforts large and thin puts organizations at the risk of not tackling relevant material issues. Successful sustainability strategies require focus and direction. Defining your focus relies on the identification of relevant material issues for your organization through a materiality analysis. The Materiality Map and its accompanying workshop provides new insights on the current and future importance of sustainability issues.
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ESG Results: Turning Data into Action

More than ever, companies are asked by stakeholders to share their performance on a variety of ESG related topics. Whereas in the past companies were good to go with a story-telling approach, today a data-driven approach is needed to fulfill stakeholders’ expectations in the best possible way. As the field of ESG information is immensely broad, ranging from detailed information on governance practices, to energy reduction activities, and health and safety initiatives, companies are advised to focus on what matters most to their type of business and organizational culture.
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ESG Essentials: Focused and Lean Reporting

Spurred by regulation and industry standards, more companies than ever are reporting on core ESG topics by publishing integrated or separate corporate sustainability reports. Simultaneously, roughly one third of global assets under management are managed under an ESG strategy. While investors are becoming stronger advocates for ESG disclosure, companies are struggling to strike the balance between efforts and results. Focused and lean reporting combined with efficient responding to relevant external ESG rating requests can help to resolve this dilemma.
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Carlsberg: Probably the Best Partnering in the World

As epitomized by Sustainable Development Goal 17, Partnerships for the Goals, today’s major sustainability challenges require tailored and collaborative solutions. This means that partnering is to become a part of the company DNA. By forging and maintaining partnerships, companies can achieve more sustainability impact while also gaining the competitive advantage they seek. Several sustainability leaders such as Novozymes, DSM and Umicore have made partnering centric to their sustainability program. In this article, the example of Carlsberg illustrates how this can lead to tangible results.
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The Future of Food Conference: London

In addition to an event in Chicago in May, the Innovation Forum's Future of Food Conference will also take place in London on the 4th-5th of June 2019. This two-day business conference will identify the main areas of opportunity and innovation within the food and beverage industry. Specifically, the aims of this conference are to promote candid discussion between key stakeholder groups, highlight leading practices and the companies successfully implementing policies, showcase the latest technology solutions on the market and facilitate collaboration to further drive innovation and progress for the future of food production and consumption.
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