Principal bei Horváth & Partners Management Consultants | Competence Center Industrial Goods & High Tech
#Metal Easter Special #2 🌍 Sustainability at the Forefront 🌿 In recent years, the #sustainability landscape has seen an increase in reporting frameworks and standards, posing challenges for companies striving to navigate through the maze of regulations. However, the introduction of the #EUTaxonomy marks the beginning of a new chapter, offering a clear and uniform definition of environmentally sustainable economic activities, setting new benchmarks for transparency and comparability. Yet, no significant change comes without its challenges… 🔍 #CSRD indicates a shift from voluntary to mandatory reporting, not only establishing a uniform standard but also introducing a new level of complexity. ⚖️ #CSDDD mandates companies to inspect and take responsibility for social and environmental risks within their supply chains. 🌐 #CBAM addresses global environmental concerns by holding importers accountable for CO2 emissions, tackling the risk of carbon leakage. Together, these initiatives represent a crucial step towards a more #sustainable economy, urging companies to take a closer look at their operations and take responsibility for their entire value chain. How are you handling the increase in reporting frameworks and standards? #greentransformation #GreenFuture #HorváthonIndustrials #metalinsights #letsrockmetal #easter
