The Supply Chain Act in Germany

According to the Supply Chain Act companies must ensure that human rights are respected in their supply chains, i.e. that no children work or forced labour takes place. This is about compliance with basic human rights standards. The aim is to improve the protection of human rights as there are 152 million child labourers worldwide,… Continue reading The Supply Chain Act in Germany

How Benchmarking leads to excellence

Market changes, social changes and technological progress lead to an ongoing need to adapt your business model. In order to remain competitive, changes are necessary, which have to be considered in strategy and planning and subsequently implemented. Benchmarking is a method to help you to identify performance gaps in comparison to other market participants. Strategy… Continue reading How Benchmarking leads to excellence

How to start your ESG rating

Enterprises are social organisations that follow a purpose. For a long time, this purpose was capital-oriented. Accordingly, most business valuation models are cash flow oriented and show the return on investment from the owner’s point of view. However, the total value of a company is made up of financial, social, environmental and governance-related values. This… Continue reading How to start your ESG rating

A questionnaire for evaluating ESG performance

This questionnaire provides an overview for measuring ESG performance. With this questionnaire it can be evaluated whether a) a company actively addresses the ESG impacts of its business activities and b) whether a company sustainably delivers positive and measurable performance in all value dimensions (economic, social, environmental and governance/compliance) for society and the economy. 1.1… Continue reading A questionnaire for evaluating ESG performance

SFDR – CSRD – NFRD – What’s it about?

This article provides an overview of the following EU-Directives: CSRD: Corporate Sustainability Reporting Directive, NFRD: Non-Financial Reporting Directive and SFDR: Sustainable Finance Disclosure Regulation. These directives of the EU foresee non-financial reporting (ESG-reporting) at a much larger scale (i.e. for more companies and with additional information). The directives will give consumers additional ESG information in… Continue reading SFDR – CSRD – NFRD – What’s it about?

Why You’re Responsible for the Supply Chain

Supply chain, even on a global scale, is often complex and mostly lacks transparency. This is why it is the responsibility of any business to work extra hard to ensure that they move towards achieving or, better still, improving their social responsibility (ESG factors: Environment, Social and Governance). Furthermore, many businesses infinitely believe that things… Continue reading Why You’re Responsible for the Supply Chain

Pricing for Co2 Emissions

In the last three decades, climatic change has become an emergency of international concern. The rise of carbon (Co2) emission among business players and a need to drive investment into a cleaner option to save the environment is rising. Besides, the cost of carbon emissions has adverse implications on peoples’ health, affects crop, droughts, and… Continue reading Pricing for Co2 Emissions

Resources for ESG Guidelines

This article provides an overview about ESG Guidelines (Environmental, Social and Governance = ESG Guidelines). These resources can be used to implement ESG-criteria in your business, decisions and organization. These ESG Guidelines help to reduce risks for your business and provide guidance to show corporate responsibility in your industry: AA1000 Accountability Principles and Stakeholder Engagement… Continue reading Resources for ESG Guidelines

Non-Financial Parameters of Company Evaluation

Although financial parameters play a critical role in evaluating a company’s performance. Recent research suggests that non-financial parameters could play an even bigger role in company evaluation. However, using financial parameters alone may not provide a wholesome picture of the current state of affairs in a company. It is important to note that it can… Continue reading Non-Financial Parameters of Company Evaluation

Sustainability in commercial real estate

It is a complex practice aimed at creating and maintaining conditions that will promote a prolonged existence of human beings. It involves production practices that do not exhaust resources that future generations will need for survival. For instance, the paper production industry can become sustainable by finding ways to keep manufacturing paper without exhausting trees… Continue reading Sustainability in commercial real estate