ESG Data Acquisition: How to Use Your Data and Make Your Business Grow
ESG data acquisition can enhance transparency, drive business growth, and strengthen risk management, positioning your company for sustainable success
CRIF Secures GRI License, Strengthening the Reliability of ESG Assessments through Synesgy Platform
CRIF is pleased to announce that in July it obtained the prestigious license from the Global Reporting Initiative (GRI), marking a significant advancement in its commitment to providing accurate and standardized ESG (Environmental, Social, and Governance) assessments. This achievement was made possible with the integration of globally recognised sustainability reporting standards into CRIF's Synesgy platform, ensuring greater consistency, transparency, and credibility in the data offered to investors, companies, and other stakeholders.
Sustainable Transition: How to Manage it in 4 Key Steps
Learn how to manage a sustainable transition effectively with four key steps that covers essential strategies for driving sustainable change in your organization.
From sustainability to business: the new SMEs environment
Small and medium-sized enterprises (SMEs) play a vital role in the global economy, contributing to job creation and economic growth. SMEs account for 90% of businesses worldwide and more than 50% of global employment. In Europe, such statistics are even more impacting as SMEs represent 99.8% of private companies and more than 60% of employment.
The role of ESG solutions in sustainability management
In recent years, properly measuring and communicating one's ESG performance has become a competitive lever for companies. However, while the adoption of sustainability-related practices is becoming more common among companies, measurement and governance issues still pose major challenges for many organizations, especially SMEs.
ESG Perfomance: accelerator to competitiveness
The increasing attention given to sustainability issues by regulators, investors, consumers, and many other stakeholders has transformed a company’s ESG performance into a strategic lever for its competitiveness. The benefits of measuring and improving one's ESG performance encompass many aspects: from increased financial stability, to improved brand reputation, to access funding opportunities and projects reserved only for companies that show good ESG performance. Benefits that are as relevant to large companies as they are to SMEs. Despite this, when it comes to ESG performance, companies still encounter several problems concerning metrics and governance.
Sustainable business model: the strategic role of ESG
When it comes to sustainable transition, one of the first areas that companies need to analyse is their business model. Indeed, the sustainability of the business model is the foundation on which not only the success of the organization's sustainability strategies depends, but also its competitiveness and, before that, its very viability over time. In reference to the business model, in fact, sustainability indicates not only the impact of the company and its operations - and those that occur upstream and downstream its supply chain - on the environment or communities where the company is located, but also the economic sustainability of the model over time. This analysis, as well as the work to streamline and improve the critical issues detected, must consider all aspects that impact the company's business model, as well as all areas impacted by the company. In this journey, ESG plays a primary role, as it helps companies to identify those issues and areas where they need to focus on to monitor current performance and develop strategies for improvement.
Sustainable supply chain: why ESG is a matter of partners
There is no sustainability strategy that can avoid considering what happens along a company's supply chain. In fact, we know that about 90% of a company's carbon emissions are generated along the supply chain. Despite this, while the number of companies measuring the direct impacts of their operations is increasing, there are still few that measure the impacts associated with everything that happens along the supply chain. This situation is often generated by an undefined and unstructured approach to measuring ESG performance, including unclear governance and accountability, as well as the failure to monitor relevant KPIs. However, failure to monitor supply chain sustainability often comes from the scale of the project. Large companies, for example, are often characterized by long and complex supply chains, which make assessing suppliers’ ESG performance a huge challenge. That is why when it comes to a sustainable supply chain, it is important to rely on the right partners who can help the company deal with all these complexities.
A business development journey based on ESG Data
To remain competitive in increasingly volatile markets, a company must be able to evolve over time, responding to consumer and workforce needs and offering products and services in line with market paradigms.