About 50,000 medium-sized and large companies in the EU will be required to report according to the new Corporate Sustainability Reporting Directive (CSRD) on environmental, social and governance (ESG) related topics in 2026 on the year 2025. A recent study by Empact shows that the majority of companies still have a compliance-driven attitude towards ESG. Will the introduction … [Read more...]
ESG in 2022; picking up which pace?
More than ever, environmental, social, and governance (ESG) issues are high on the corporate agenda. At the same time, 2022 is a year of financial turmoil for many companies. The aftermath of the corona crisis and the war in Ukraine are driving up prices, especially for raw materials, energy, and semi-manufactured goods, so staying in business is a key issue. Therefore, it is … [Read more...]
Green washing? Communicate about sustainability vs reputational damage
At Empact, we can be annoyed by people who repeatedly say that a sustainability claim is incorrect. Certainly, greenwashing is an issue that needs to be addressed. But if too many companies hide their green ambitions precisely because they fear being accused of greenwashing, opportunities for change are lost. After all, the sustainability transition is not a matter of right and … [Read more...]
The biggest ESG-failures in recent history!
Three examples of what can happen when companies underestimate ESG risks Environmental, Social and Governance (ESG) criteria play an increasingly important role in the strategy of companies. In many cases, this is a response to the increased demand for ESG investments and the explosively growing market for sustainable products and services. So it's a matter of going with the … [Read more...]
ESG – Why ethical business is also financially interesting
More and more investors are choosing to invest their money in companies that operate ethically. They mainly look at ESG ratings. In other words, how a company performs in terms of Environmental (environment and climate), Social (society) and Governance (governance) factors. ESG assets are expected to comprise approximately one third of all global assets by 2025, more than three … [Read more...]