Is it mandatory to measure the carbon footprint?
One of the goals set by the Government to achieve climate neutrality is to reduce greenhouse gases by at least 23% compared to 1990 levels. Consequently, in 2023, calculating and publishing the carbon footprint will become mandatory for many companies. This initiative aims to ensure organizations are informed about their actions in combating climate change to meet the targets set by the European Commission.
Why should I work on my ESG strategy?
The objective of ESG policies is to positively impact the planet and society while simultaneously generating profit for investors. The effects on the macroeconomic, geopolitical, and social context make it the best solution to create a model of social well-being.
Economically
ESG factors add value to organizations. Working on them provides an ally to face business challenges, especially considering the tangible benefits of sustainability policies on the bottom line.
Politically
To combat biodiversity loss and climate change, mandatory ESG reporting will be promoted. This aims to influence corporate behavior and protect investors. In recent years, there has been a growing demand for transparency from investors, customers, and society beyond financial information. For this reason, large companies have started incorporating sustainability and corporate responsibility information into their annual reports.
Socially
Environmental awareness has increased. Therefore, a company that cares about its customers, employees, and the environment generates greater trust in society, making it more likely to outperform its competitors.
Sustainable investment
The significance of ESG strategy in companies is a differentiating factor when investors decide where to allocate their money. To maximize the potential of organizations in sustainability, at CO2Revolution, we support companies and institutions that wish to improve their ESG strategy by creating a sustainable ecosystem through a unique and comprehensive model.
