Sustainability Strategy Implementation

A great strategy leads to nothing if there isn’t a great execution to go with it. Winning must-win battles relies on determining the right place to start, on building the internal capacity to get there, and on engaging with stakeholders in a meaningful way. At Finch & Beak we support our clients with a proven method to change management, action planning and engagement, as well as day-to-day sustainability program management.

 
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Activating Materiality to Accelerate ESG Performance

How can a materiality assessment be used to effectively accelerate a company’s sustainability performance? On September 23rd, Finch & Beak organized a webinar focused on materiality activation: transforming the materiality assessment from a reporting tool to the steppingstone for activation of company’s sustainability program. As an illustration, Rebecca Dunn, Head of Sustainability at Spectris presented how materiality accelerated the company’s sustainability strategy. Bas Nuijten, Senior Consultant and Team Leader at Finch & Beak, followed to explain how to integrate the double materiality principle and how to overcome challenges in materiality activation, and shared three tips for a successful activation of materiality.
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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.
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Materiality activation: ownership, actorship and more

ESG Acceleration Webinar: Materiality Activation

This new webinar deals with the challenge of generating real change while implementing sustainability. Together with guest speaker Rebecca Dunn, Head of Sustainability at Spectris, we'll explore how to transform the materiality assessment from a reporting tool to an accelerator for the activation of your sustainability program.
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Traceability: The Path towards More Sustainable Supply Chains

In the improvement of sustainability practices, there is still massive potential in the supply chain. For example, according to CDP, if suppliers to 125 multinationals were to increase their renewable electricity consumption by 20%, over a billion metric tons of greenhouse gas emissions could be saved: equivalent to the combined emissions of Brazil and Mexico. Nevertheless, only 23% of tier-1 suppliers are engaging on emission reduction activities with their own suppliers. Evidently, business processes such as planning, sourcing, producing, and logistics require restructuring and redesigning. One of the factors that can play a major role on enhancing efficiency and optimization in the supply chain is improving traceability: the ability to track and monitor all steps involved in the development of a finished good, from the procurement stage of raw materials to production, consumption all the way to the disposal of goods.
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Accelerating the Circular Economy in the Port of Rotterdam

At Finch & Beak, we are always curious about the sustainable developments taking place in the cities that we work in, and Rotterdam is one of them. In 2016, a shocking 20% of the national CO2 emissions of the Netherlands was accounted for by the port of Rotterdam. Time to take action: between the period 2016-2020, the port of Rotterdam managed to reduce its CO2 emissions by 27% to 22.4 million tons. A noteworthy reduction that can be explained by the switch to more renewable energy sources and the exploitation of waste-to-value opportunities. The port of Rotterdam is making an impact through discovering the benefits of the circular economy.
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Washing "the Emperor's New Clothes": the Case of Novozymes

Since its public listing in 2000, Danish company Novozymes has been extremely successful in delivering shareholder value from sustainable innovation. With a current 48% global market share in industrial enzymes and a price/earnings ratio of approximately 35, Novozymes shares have become one of the most expensive shares of its industry. Fundamental to its success is the company’s focused strategy of “Partnering for Impact”. What can we learn from their voyage?

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