Stian Omli’s Post

The Esgian Shipping MPP Report for July 💡 Pleased to share the executive summary of the fresh Esgian MPP Monthly. 🤝 As always, our clients get the full report as part of their subscription, so if you're keen to know more... do reach out to [email protected]. Be in the know. Don't miss out. #mpp #marketinsights #report #shipping #sustainability #knowledge

When will the CSRD impact your food company, and are you prepared? The Corporate Sustainability Reporting Directive (CSRD) is reshaping how businesses disclose sustainability practices, but recent updates may affect your timeline. Here’s what you need to know about the delay in sector-specific reporting standards and how it could impact your food company. What's the delay about? ➡️ The European Union recently approved a two-year delay for sector-specific ESG reporting standards, now set to take effect in June 2026. This extension applies to high-impact sectors, including food, agriculture, oil, gas, mining, road transport, energy production, and textiles. The goal is to ease regulatory pressure and give companies more time to implement initial, broad ESG disclosures as mandated by the CSRD. Which companies are impacted? ✅EU companies in high-impact sectors will now have until mid-2026 to meet detailed, sector-specific ESG reporting standards. ✅Non-EU companies with EU operations, will also benefit from this extension to disclose sector-specific data. ✅U.S.-based companies preparing to disclose Scope 1, 2, and 3 emissions under CSRD now have an additional two years to comply. What does this mean for your food company? The extended deadline isn’t a reason to pause preparations; rather, it’s an opportunity to focus on establishing comprehensive ESG reporting practices aligned with the initial CSRD requirements. Use this time to strengthen your sustainability frameworks, data collection, and reporting processes. Want to be prepared? See how Opteinics can support your journey: https://opteinics.com/ For further reading: https://lnkd.in/gZ34JXeY #CSRD #Sustainability #FoodIndustry #ESG #Compliance #EU

Dairies need to act now to make a significant change in their Corporate Sustainability Reporting Directive (CSRD) reporting. The pace of change in reporting requirements is challenging the dairy industry to adapt and comply with new requirements. The CSRD is another catalyst for change within dairy operations and dairies need to see it as a driver for digitalisation. The fastest, simplest way, to be CSRD compliant and optimise reporting is to adopt a digital solution purpose built for ESG in dairy. Read our blog to find out why CSRD demands a digital platform: https://lnkd.in/eC-cJndC #Dairy #CSRD #Digitalisation #AgriTech #ESG

CASE STUDY | #CorporateSustainability The Corporate Sustainability Reporting Directive (#CSRD), while being a regulatory exercise that a growing number of companies will need to comply with, now represents an essential strategic steering tool for organizations. On the social front, the directive clarifies the approaches to address, particularly, the crucial notion of “affected communities” - a concept previously mainly managed by extractive industries (oil, mining) but now extending to new sectors. With the European Sustainability Reporting Standards (#ESRS), companies are encouraged to develop a more nuanced and holistic understanding of their societal impact. Our client, aware of its responsibilities as a major player in the agri-food industry, sought to deepen its understanding of potential impacts on communities affected by its activities. The objectives were to identify direct and indirect impacts, leverage the CSRD framework to structure adapted #governance, and develop a proactive approach guided by international standards (UN Guiding Principles, IFC Standards, OECD Responsible Business Conduct) and market practices. Find out more about the project and our approach here 👇 Want to understand how to optimize your #CSR strategy and effectively respond to CSRD requirements? Get in touch! #CaseStudy #AgagriFood #EUCompliance #AffectedCommunities

In today’s fast-evolving agrifood business, a company’s impact on the environment and society must be considered and measured thoroughly. Metrics such as Sustainability Performance Indicators (SPIs) have become highly relevant for organisational success, as they allow companies to measure their performance on environmental, social and governance (ESG) standards; all aspects that consumers, investors and regulators are increasingly monitoring. At RHG, we have started measuring SPIs while being aware that consistent and further monitoring is required to advance our sustainability efforts. What's your opinion on companies tracking SPIs? Let us know in the comments. #sustainabilityperformanceindicators #rhg

There is a pressing need for sincere adoption of ESG and sustainable practices within every company. More so, in an industry where operations can significantly impact the environment, communities, and stakeholders, prioritizing ESG is paramount. Adhering to stringent ESG standards allows chemical companies to proactively address regulatory requirements, steering clear of costly legal interventions while driving operational efficiency and cost savings. Furthermore, embracing ESG principles fosters innovation and product development, bolstering brand reputation and customer loyalty, and unlocking new market opportunities. Here at Himadri Speciality Chemical Ltd., we follow a Sustainable Model of Development. We have achieved the prestigious Silver Medal, from EcoVadis , as a formal endorsement of our commitment to sustainability across key pillars such as governance / ethics, environment, labour & human rights, and sustainable procurement, positioning us amongst the top 23% of rated companies under the EcoVadis evaluation framework globally. Another point of pride for us is the Recognition given to us by IFC - International Finance Corporation for excellence in Environmental Leadership! As we progress, we are resolute in our commitment to set a benchmark for sustainable excellence through leading by example. #leadership #ESG #sustainability #innovation #SILVERMEDAL

In EIOPA’s progress report, EIOPA outlined that for greenwashing to occur, there should be a ‘sustainability claim’ that is misleading. EIOPA understands a ‘sustainability claim’ to be any claim related to the sustainability profile of an entity or a product. Such claims state or imply that an entity or product benefits the environment or people, but can also include claims misrepresenting sustainability risk to portray a more environmentally or socially responsible profile.

ADAMA Ltd. Publishes 2023 ESG Report ADAMA Ltd. published its 2023 Environmental, Social, and Governance (ESG) Report. The report details the company’s commitment to transparency and incorporates several key standards from the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI). Steve Hawkins, President and CEO of ADAMA, stated, “Throughout 2023, we remained focused and resolute on implementing our sustainability strategy. We prioritized the safety and well-being of our employees, customers, and communities while delivering solutions that increase farmers’ crop productivity, limit their environmental impact, and reduce our carbon footprint.” Subscribe to our newsletter to get weekly industry updates at agtechdigest.com/subscribe

📣 SAI Platform is proud to announce the development of a new Farm Sustainability Assessment (FSA) module, designed to help our members navigate the complexities of the EU Corporate Sustainability Due Diligence Directive (CSDDD). 🎯 With full implementation expected by 2027, businesses must prepare now to ensure compliance with the rigorous requirements and our tailored FSA module will support members to confidently meet the directive's requirements and continue to drive positive impact across their supply chains. 👥 Stakeholders will have the opportunity to provide feedback through a public consultation or on-farm audits, before the module’s anticipated release in December 2024. 📖 Read more in our FSA EU CSDDD Strategy Report: "The Intersection of the FSA and EU Corporate Sustainability Due Diligence Directive." https://lnkd.in/e6X25FY5 #PeoplePoweredAgriculture

The ESG agenda is increasingly becoming a cornerstone of modern business operations. FGV's proactive approach in incorporating the MSPO certification logo on Saji products reflects our commitment to environmental stewardship, social responsibility, and robust governance. By setting high standards for labor practices, environmental impact, and ethical conduct, we demonstrate our leadership in the palm oil industry and contribute to a more sustainable future. https://lnkd.in/g8zEtQ3R