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Targetsetting_stratecta

How to define ESG-Targets under the CSRD

The European Sustainability Reporting Standards (ESRS) provide a comprehensive framework for companies within the scope of the Corporate Sustainability Reporting Directive (CSRD) to report on a wide array of sustainability-related topics, including environmental, social, and governance (ESG) matters. These standards aim to make sustainability reporting as robust and reliable as… 

Transition Finance

Transition Finance

The EU’s recommendation for Transition Finance for banks regarding ESG issues is part of the broader Sustainable Finance Package released on June 13, 2023. It is aimed at facilitating the transition to a sustainable economy by defining and articulating the needs for transition finance, and outlining ways to raise such… 

Materiality-Analysis

The 94 Topics of the Materiality Analysis of CSRD

The materiality analysis is the process by which the undertaking determines material matters and material information to be reported on in its sustainability statement. The performance of an objective materiality assessment is pivotal to sustainability reporting which shall include relevant and faithful information about all impacts, risks and opportunities (IROs)… 

soil_health_stratecta

Soil Health Initiatives in the EU

Healthy soils are crucial for several reasons: Agricultural Productivity: Healthy soils are fundamental for growing crops. They provide essential nutrients, water, and support to plants, which is vital for food security. Environmental Health: Soils play a crucial role in the carbon cycle. Healthy soils can sequester carbon, helping to mitigate… 

Recruiting_stratecta

Opaque HR Process Hinders Talent

An intransparent HR process not only affects the quality of candidates attracted to a company but can also have longer-term implications on the company’s reputation and the engagement and retention of its workforce. An intransparent Human Resources (HR) process can hinder finding the right people in several ways: How to… 

Sustainabilty_Business_Plan stratecta

How to prepare a Sustainability Business Plan

A sustainability business plan should integrate environmental, social, and economic considerations into the strategic planning and operations of the business. Here are the key elements a sustainability business plan should include: Remember, sustainability is about the long term, so your plan should be designed with this in mind. It should… 

Energy_stratecta

What can a company do to reduce energy consumption?

By implementing the measures mentioned below, companies can significantly reduce their energy consumption, save money on energy bills, and reduce their carbon footprint. There are several ways a company can reduce energy consumption, including: What would be the effect on Co2 Emissions if energy consumption is reduced? Reducing energy consumption… 

digital_detox_stratecta

Digital Detox in Companies

Digital detox in a company refers to a process or a policy of disconnecting employees from digital devices and technology in order to improve their physical, mental, and emotional well-being. This can include taking breaks from email, social media, and other forms of digital communication and technology, either during work… 

ChatGpt_stratecta_ESG

A Chat with ChatGPT about ESG (Update GPT 4 vs 3.5)

Georg Tichy: What’s the role of ESG for corporate reporting ChatGPT 4: ESG stands for Environmental, Social, and Governance. These three factors are increasingly important for corporations to report on, as they’re considered key metrics of a company’s ethical impact and sustainable practices. The role of ESG in corporate reporting…