With the increase of AI systems such as ChatGPT, AI generated chatbots have also risen in popularity. They are mostly used to provide customer service as well as in marketing to enhance campaign performances. By now, I am sure you have interacted with a few of these bots on different…
Supporting the circular economy means minimizing waste and making the most of resources. The ultimate goal is to create a system where products and materials are continually reused, reducing the need to extract new resources and minimizing waste. The ESRS E-5 of the CSRD define the reporting principles for the…
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…
Integrating artificial intelligence (AI) into business processes can provide multiple advantages. These range from increased efficiency and accuracy to data-driven decision-making and enhanced customer experiences. Let’s delve into some specific steps and strategies to leverage AI in your business operations. In order to leverage AI: 1. Identify Your Business Needs:…
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…
On 22nd of March 2023 a proposal of the Directive of the European Parliament and of the Council on substantiation and communication of explicit environmental claims (Green Claims Directive) has been published. This Directive intends to to harmonise further the regulation of environmental claims. Such harmonisation will strengthen the market…
In a business, if you haven’t documented your business operations or activities, there would be no way to prove that a transaction occurred or that a person possessed something. Therefore, every business must understand the importance of documentation. It’s true that once you start documenting things, they can become cumbersome…
With profound AI-Solutions in the market “asking the rights questions” is becoming as important as the research process itself. Asking the right questions is often more important than knowing the answers because it can lead to a deeper understanding of a topic or problem. When we ask the right questions…
A value chain is a series of activities and processes that an organization or company undertakes to create and deliver a product or service to its customers. It is the set of activities that an organization uses to create value for its customers, starting from the procurement of raw materials…
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…
If you are transforming your business to a sustainable organisation by defining an ambitious sustainability strategy and/or by improving your external sustainability rating, Sustainability Linked Loans are worth investigating. Sustainability-linked loans incentivise companies’ sustainability performance by linking the interest margin to the improvement of the companies’ ESG score or to…
From the current EU-regulations and from the specific changes of ESG-preferences in the Delegated Regulations of MiFID II and the Guidelines of ESMA, there is a requirement to document the sustainability factors/risks in the internal policies and procedures. And the extended selection process (extended by ESG factors/risks) has to be…