Delivering our expertise and insights (IV) Excited and honored to have participated in a special panel during the Global Compact Network Hellas members' event, discussing key topics around double materiality and the CSRD directive. In today’s evolving business landscape, understanding double materiality is crucial for companies aiming to align financial success with genuine social and environmental impact. During the discussion, I shared my perspectives on how companies can transition from passive compliance to becoming active drivers of sustainability—creating true value not only for shareholders but for all stakeholders. A huge thank you to the Global Compact Network Hellas for the opportunity to be part of this meaningful conversation. Special appreciation goes out to my co-panelist, Stavroula Aggelopoulou for her insightful contributions and the engaging dialogue we shared. Below are key insights from my statements on the benefits of a Double Materiality Assessment (DMA): - Understanding Real Impacts: DMA confronts companies with their true environmental, human and human rights impacts, highlighting risks and opportunities that may not have been previously recognised and are important for their sustainability in the future. - Becoming Active Agents: DMA makes companies to change their perspective, understanding the positive or negative impact they have tend to deal with or exploit it respectively. Through this process they become active agents of change from passive observers of impacts - Collaboration with Stakeholders: Through DMA companies are discovering that to have a clear picture of their impact, is critical to work with all their key stakeholders, from employees to local communities. - Link to Business Growth: DMA links Sustainable Development Strategy with Business Development and Performance. The improvement of environmental and social indicators (e.g. carbon reduction or improving employee well-being) related to impact management can contribute to economic sustainability and competitive advantage. - Rethinking Corporate Responsibility: DMA enables companies to rethink the concept of corporate responsibility, not as a communication practice but as a real commitment to create value for all stakeholders. This process leads to the creation of a more resilient and responsible business model, which is the main goal of the CSRD. - Aligning with Social and Environmental Demands: DMA acts as a compass that guides companies towards adopting policies and practices that are in line with modern social and environmental requirements. The bottom line is that real success is not only measured by economic indicators, but by the positive impact on the planet and the people around us. #Sustainability #DoubleMateriality #CSRD #UNGlobalCompact #CorporateResponsibility #SustainableFuture #Integratedreporting #Integratedthinking #SustainableDevelopment
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Looking forward to attending UN Global Compact Network Australia’s (UNGCNA) UNiting Business LIVE Australia conference next week and to presenting and discussing initial results from the 2024 update of our publication with the UNGCNA on business integration of human rights due diligence in Australia. #susty #esg #bizhumanrights
Our CEO, Vanessa Zimmerman, and Associate Director, Riana Cermak, will be in Sydney next week for the UN Global Compact Network Australia’s 🌏 UNiting Business LIVE Australia conference and annual dinner. This year’s event will bring together executives and board members, sustainability and human rights teams, and sustainability leaders to discuss how to successfully navigate challenges at the intersection of net zero, nature positive, human rights and governance. We are delighted to have the opportunity to present key insights from our upcoming publication with the UN Global Compact Network Australia on business integration of human rights due diligence in Australia. Join us from 12:30pm to 1:30pm on Wednesday 30 October for a sneak peek of the publication 🔍, including insights from our 2024 benchmarking of ASX50 companies’ publicly reported approaches to human rights due diligence. If you’ll be in Sydney for the Conference, please reach out to Vanessa and Riana 👋 – we’d love to say hello! More information about the Conference is available here: https://lnkd.in/gC_Z27Kf #bizhumanrights #UNGCNAEvents #UnitingBusiness #CorporateSustainability #AusBiz #LeadLearnConnect
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The release of the "Rewiring for Success" report provides a dynamic blueprint for integrated and strategic action across government and the corporate and financial sectors, grounded in citizens' priorities. A collaboration between BRAE, Capitals Coalition, CETEx (Centre for Economic Transition Expertise), ICAEW, Value Balancing Alliance and Rewired Earth, it is part of a work stream that aims to support coherence in the now cacophonous sustainability space. Some key takeaways below and full report available here: https://lnkd.in/decXy4Hx
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Today we are at the Reuters Events Sustainable Business Responsible Business Europe 2024 Conference. Our Executive Director Steve Kenzie is delivering a strategy keynote alongside Renata Jungo Brüngger and Eliot Whittington. ‘We do need to look at some of the incentives that are systemic right now, that are actually actively discouraging sustainable choices. I think there's much to be done by government, civil society and academia to start creating more of the conditions to enable sustainability.’ -Steve Kenzie #RBEU #CorporateSustainability
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Pete Westall, Chief Value Officer at Midcounties UK, and I were honored to be invited by Jacques DEBRY and Cooperatives Europe as panelists to discuss “Cooperatives and Purpose-Driven Companies Facing Environmental and Social Challenges.” It was inspiring to see how we both approached ESG from different perspectives—Peter from a cooperative angle and me from a business strategy viewpoint—and yet arrived at the same conclusions. ESG is often seen as a source of tension for enterprises due to additional reporting requirements (e.g., CSRD, CSDDD), significant investments in time, new competencies, and money. However, more importantly, it represents a valuable opportunity to rethink what makes your enterprise unique, refine its mission, and determine which aspects of ESG to embrace to create value for key stakeholders (members, employees, consumers, etc.) and strengthen corporate identity. In this journey, five key elements are essential: - Authenticity: Be true to yourself; don’t pretend to be someone else. - Alignment: Ensure your mission, brand identity, and ESG actions are aligned. - Transparency: Share both your successes and areas that need improvement. - Consistency: Over time, and between what you say and what you do. Prioritization: Focus on a few ambitious, concrete targets and measure progress. Thank you, Peter, for this thought-provoking and enriching debate with the audience and thank you Filip De Rycke for the moderation! #CooperativesEurope #Febecoop #ESG #CSR #CorporateSustainability #CSRD
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Another New Media Partnership Unveiled! 🌍 We are proud to welcome NIN, Serbia’s leading socio-political magazine and the oldest weekly publication in the Balkans, as the newest Associate member of the Western Balkans ESG Foundation! NIN has consistently upheld values of independence, trust, and critical insight into socio-political events—values that resonate deeply with the Foundation’s mission. As an influential voice in public discourse, NIN’s role as an Associate member underscores the vital importance of media in promoting ESG principles, raising public awareness, and serving as informed advocate for responsible, sustainable practices: 🌐 NIN will have access to the Foundation’s extensive ESG resources, enriching its content with informed perspectives on sustainability and providing the public with vital information on these critical topics. 🌐 This partnership will enhance NIN’s visibility as a media leader dedicated to one of today’s most crucial topics—sustainability—while influencing public discourse and encouraging community engagement. 🌐 NIN can enroll its team members in the WB ESG Foundation’s ESG Academy and participate in our annual conference, equipping them with the knowledge to advocate for ESG themes while fostering discussions on positive change. On this occasion, Suzana Lakic, Director of NIN, stated: “We support the work of the ESG Foundation because we believe that contributing to environmental protection and responsible behavior in all aspects of life should be a priority for individuals, businesses, and society as a whole. Adopting ESG principles, a broad set of rules, standards, and recommendations, will prepare us for the new reality this trend is already bringing.” Vojislav Lazarevic , co-founder and Chairman od the Board of Directors of the Western Balkans ESG Foundation, expressed his excitement for this new partnership: “Our media partnership with NIN is marking a significant step forward in recognizing the pivotal role of media in shaping public discourse and advancing ESG standards. By leveraging NIN’s respected platform—an exemplar of responsible media discourse with a long-standing tradition—we are poised to inspire transformative change and cultivate a more sustainable, ethically driven society across the Western Balkans.” Happy to have you with NIN! 🌱 #ESG #NIN #Sustainability #WesternBalkansESGFoundation
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In demonstrating the progress being made towards achieving Sustainable Development Goals by 2045, the campaign – hosted by Reuters and Acumen, demonstrates how the world is moving towards a greener, more equitable future. Continue reading to see which 4 companies were featured >> https://lnkd.in/eBx7ZGsH
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In demonstrating the progress being made towards achieving Sustainable Development Goals by 2045, the campaign – hosted by Reuters and Acumen, demonstrates how the world is moving towards a greener, more equitable future. Continue reading to see which 4 companies were featured >> https://lnkd.in/eZ-zSX53
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👷🏽Critical minerals | 🌐 Energy | 🇺🇳 Contributor to UN Working Group for Human Rights
🌍 I am thrilled to share that I have had the incredible opportunity to contribute to the report on "Investors, ESG, and Human Rights" by the United Nations Working Group on Business and Human Rights. This report, which will be formally presented to the United Nations Human Rights Council on June 25 or 26, 2024, clarifies the responsibilities of investors in respecting human rights under the Guiding #Principles on Business and Human Rights. It also provides guidance on how investors can align their environmental, social, governance (ESG), and sustainability approaches with these responsibilities. 🔍 Specifically, my contribution focused on the role of #investors in the #energy sector and the importance of the International Sustainability Standards Board (ISSB) in #regulating and enforcing the necessary #reporting by companies to ensure that investors have the information needed to guarantee respect for human rights. ✨ This accomplishment would not have been possible without the support and mentorship of Stéphane Brabant, Senior Partner at Trinity International. His guidance and experience were key in shaping our insights and contributions on this report. 📢 I encourage everyone to watch the presentation of the report, which will be livestreamed via United Nations Web TV, and to disseminate the findings widely. I believe this report will be a valuable resource in our collective efforts to promote sustainable and responsible business practices. #UN #HumanRights #ESG #Sustainability #Investors #EnergySector #ISSB #UNHRC Isabelle TRACQ-SENGEISSEN, Jean-Roch Varon, Celine Eydieu-Boutté, Alexis Gazzo, Philippe Aubain, Laurent Vitse, Benoit Schumacher, Alexandre Resten, Christian Mion, Moez Ajmi, Jean-Gabriel Robert, Camille Lambert
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Sustainable marketing | MBA in Sustainability in progress | Anti-greenwashing | Women & Climate SI Lead | Climate Fresk facilitator | I help companies with purpose increase reach and interaction by 500 %.
The last Women and Climate event was a Systems thinking workshop. A bit different and with a smaller turnout, which I understand considering systems thinking is something that can be hard to understand and even harder to implement in organisations. But I love how the energy was again there! 💚 Some women have been on every single Women and Climate event so far, which I really really appreciate! 🧠 To describe Systems thinking more simply (and briefly): ✅ holistic thinking, which is good for understanding the "why". It helps us to move from a siloed view, because organisations aren't a closed system with a series of departments and no connection between them or any external entity. ✅ a move from EGO-system to ECO-system thinking. We probably all agree, we need that. Thank you Darija Kuzelj Pavlovic for leading the event and Impact Hub Ljubljana for hosting us again. Polona Hrovat Mavsar Bojana Fajmut Nina Goryaeva Spela Majcen Marusic Alja Berk Darja Rogelj Majda Potokar
Sustainability & Corporate Responsibility Director at OTE Group of Companies (HTO)
2moGeorgios Galanis thank you for the active and collaborative panel discussion. I really enjoyed it. 🙏