Consulting
CSRD beyond reporting: The 10 most asked questions on Double Materiality Assessment
Double Materiality is one of the hottest, yet most uncertain, topics within the sustainability sphere right now. With the date of mandatory CSRD disclosure rapidly coming closer, many organizations feel overwhelmed when it comes to conducting a Double Materiality Assessment in line with CSRD and the guidance provided by the European Sustainability Reporting Standards (ESRS). After Finch & Beak’s “ESG Acceleration Webinar on Strengthening Your Double Materiality Approach”, it became apparent that many organizations were looking for further guidance and advice – the majority (70%) of them either have not started yet or are still being at the beginning of their Double Materiality journey. Therefore, to answer the most pressing questions, Finch & Beak has hosted four Double Materiality Q&A roundtables in small groups. The download contains detailed answers to the 10 most relevant and pressing questions from our audience.
Biodiversity Disclosures for CSRD and Beyond
In 2022, 31% of companies had already endorsed biodiversity-related initiatives according to the Carbon Disclosure Project (CDP), however, the majority is not translating these commitments into action. The need for businesses to understand and mitigate their impacts and dependencies upon nature is quickly increasing in importance as a result of the observed high pace of biodiversity loss and growing interest from diverse stakeholder groups. This article sheds lights on the emerging expectations of stakeholders, mainly investors, suppliers and regulatory bodies, by looking into the Corporate Sustainability Assessment (CSA) from S&P Global, the Carbon Disclosure Project (CDP) and the Corporate Sustainability Reporting Directive (CSRD), while presenting best practice examples and elaborating on the first key steps to be taken to respond to stakeholders’ interests and improve corporate disclosure and performance on biodiversity.
Job Alert: Business Consultant Sustainability
Finch & Beak is a leading European consulting firm in the field of ESG, sustainability strategy and societal impact. Over the past 25 years, we have worked with more than 150 corporate clients across Europe, trained over 5000 managers, and worked with top-level business schools from around the world. As of March 2022, Finch & Beak has joined market leader SLR Consulting to become part of a global, fast-growing network with more than 2300 professionals working from over 90 offices across the globe. To help our European clients accelerate their sustainability performance, we are looking for a Business Consultant with a passion for climate change challenges.
Job Alert: Business Consultant Sustainability
Finch & Beak is a leading European consulting firm in the field of ESG, sustainability strategy and societal impact. Over the past 25 years, we have worked with more than 150 corporate clients across Europe, trained over 5000 managers, and worked with top-level business schools from around the world. As of March 2022, Finch & Beak has joined market leader SLR Consulting to become part of a global, fast-growing network with more than 2300 professionals working from over 90 offices across the globe. To help our European clients accelerate their sustainability performance, we are looking for a Business Consultant with a passion for climate change challenges.
Accelerating Sustainability: Finch & Beak Joins SLR Consulting
To accelerate sustainability at an even faster pace, Finch & Beak has officially joined SLR Consulting as of 18 March 2022. Both companies have, for the past 25 years, helped clients to achieve their sustainability goals. By combining the ESG industry experience that Finch & Beak has with the experience SLR has as a global leader in environmental and advisory solutions we will be able to expand both of our companies’ work into new markets.
ESG Acceleration Webinar: Activating Your ESG Analysis
Following the publication of the Dow Jones Sustainability Index results for 2021, this upcoming webinar is focused how to leverage the learnings from ESG ratings, and build business value by using them as a tool for engagement and continuous improvement. Together with guest speaker Sam Khola, Director Corporate Responsibility & Sustainability at Liberty Global, we will take a fresh look at how to fine-tune ESG programs and smoothen their implementation.
Job Alert: Business Consultant Sustainability
Finch & Beak is a leading European consulting firm in the field of ESG, sustainability strategy and creating positive impact. Over the past 24 years, we have worked with more than 150 corporate clients across Europe, trained over 5000 managers, and worked with top-level business schools from around the world. To help our fast-growing client portfolio accelerate its sustainability performance, we are expanding our team and are looking for a Business Consultant.
Leveraging Double Materiality to Identify Emerging ESG Risks
If there is one thing that the COVID-19 pandemic has demonstrated, it is that society can face major challenges, virtually overnight. Companies need to have a sharp view on both short-term impacts and risks further on the horizon in order to steer their business and build resilience to deal with change. Capturing emerging risks in the ESG approach is therefore essential. Additionally, as of 2023, the EU Commission requires companies to apply the concept of “Double Materiality” as part of its new Corporate Sustainability Reporting Directive (CSRD). One of the main questions that therefore arises is: how do you ensure your materiality assessment covers these new perspectives on materiality?
3 Steps for Effectively Implementing Sustainability Strategies
Sustainability needs to be effectively integrated into the core of the business for it to flourish. An example of a sector that is struggling to put sustainability into practice is the transportation sector – evident from its 21.7% contribution to the total CO2 emissions of the European economy in 2018. A sustainability strategy must directly connect to a company’s must-win battles. Such a strategy can be made actionable through the development of roadmaps, well-prioritized actions, and convincing communications. This article looks further into ways to effectively implement a sustainability strategy with an example of transportation company Farm Trans, that strives to be a frontrunner in sustainability in the sector.
