The VSME standard (Voluntary ESRS for non-listed Small- and Medium-sized Enterprises) is becoming the central basis for voluntary sustainability reporting in small and medium-sized enterprises (SMEs). It sets a clear cap for sustainability information that companies subject to CSRD reporting requirements may demand in their upstream and downstream value chain. This makes the VSME standard relevant for all SMEs that voluntarily provide sustainability information...Read More
For many companies, their stakeholders and the interested public, the 1920s will be remembered as a decade of greater transparency on corporate sustainability. The new European regulations on reporting obligations also place an obligation on small and medium-sized enterprises. The regulations with their more than 200-page annexes can quickly become overwhelming....Read More
In preparation for the EU's Corporate Sustainable Reporting Directive (CSRD), an ever-increasing number of companies are addressing sustainability and, in particular, climate risks. Companies are looking at this from two perspectives: Inside-out perspective: the company causes risks for the environment and society (e.g. greenhouse gas emissions) Outside-in perspective: risks for the company due to developments in the environment and society (e.g. greenhouse gas...Read More
In our day-to-day consultancy work, we are observing that an increasing number of companies - especially SMEs - are introducing measures to improve their own sustainability performance. Not least the increasingly stringent legislation in the EU and in Germany makes structured sustainability management in companies indispensable. In previous blog articles, we have already provided comprehensive information on how to...Read More
Companies usually define KPIs (Key Performance Indicators) for their strategies and associated goals. Sustainability KPIs or sustainability indicators are in turn important tools for monitoring and measuring a company's sustainability performance. In order to measure sustainability and use it effectively and efficiently on an ongoing basis for corporate and sustainability goals, we recommend six steps for companies, which we describe in this blog post. Content Determine key sustainability topics Develop sustainability goals for the company Define sustainability KPIs and...Read More
