Sustainability

SUSTAINABILITY DATA WILL DRIVE THE NEXT TRANSFORMATIVE WAVE - HOW ARE YOU PREPARED?

Regulatory requirements set the minimum level for sustainability actions in companies. Policies, standards and ESG-frameworks do guide company reporting, but at the same time customers, partners and investors require more concrete and measured sustainability means.

Leading companies are driving the sustainable transformation in their industries with ambition. If this industry push truly drives your own sustainability efforts with good enough speed, it's all positive. However, just following others or regulation might not bring added value nor competitive advantage.

When evaluating sustainability efforts and opportunities beyond compliance, the first things to understand are the impact, business case or ROI. Are there measurable business reasons why you should invest in sustainability and ESG-data quality more than required?

Do you want to harness the full value of your sustainability actions?

GETTING BEYOND DIRECT BENEFITS – DEFINE TACTICAL AND STRATEGIC BENEFITS

As start it is beneficial to find a way to categorize the different sustainability benefits. For that purpose, we have created a framework where sustainability benefits are analyzed with two factors:

Tangibility - how concrete the benefit is, can it be easily measured and valued?
Time to release - how long it does to realize benefits from actions or investments?

Using these factors we can use following benefit categorization:

1. The quickly realized tangible benefits are "DIRECT BENEFITS"

2. Benefits in the middle ground are "TACTICAL BENEFITS"

3. The most intangible and long-term benefits are "STRATEGIC BENEFITS"

Often business cases concentrate on direct benefits (and costs) only, since by definition they are concrete and easily measurable. Since sustainability is not a one-time investment but rather a transformational force impacting companies into the foreseeable future, one needs to investigate also the more intangible or longer-term benefits to understand the full picture.

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SUSTAINABILITY DATA ROADMAP STREAMLINES YOUR DATA REPORTING

Due to the transformative nature of sustainability, almost all areas of company's operations are being impacted. When sustainability benefits are analyzed using the above benefit categorization, companies can gain better understanding of the business impact and opportunities derived from their sustainability actions and data. This gives a more comprehensive and analyzed view of how to lead long-term sustainability ESG-targets with data.

We integrate sustainability data into your IT and reporting needs and develop it further. Instead of shiny strategic theme with a positive narrative to brand value, it is time to go beyond tactical and direct actions towards data driven sustainability.

WHAT IS YOUR COMPANY'S ROLE IN THE SUSTAINABILITY ECOSYSTEM?

Our framework is looking at the sustainability holistically from inside to out of the company, including also sustainability in the company's external ecosystem and value chain.

Internal ecosystem

Internal ecosystem includes all relevant internal company stakeholders, that are in the core of defining the company's current state, long-term sustainability data vision and targets. The internal ecosystem can include key players for example from IT, Finance, Operations, R&D and HR, just to start from.

External ecosystem

External ecosystem then includes all relevant stakeholders who provide data to company as well as set requirements or utilize company's own sustainability data in their decision making. Examples of such key player are suppliers, partners, customers, investors, NGOs and media.

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DATA-DRIVEN SUSTAINABILITY

In our data-driven sustainability (DDS) framework we leverage real data from your ecosystem to build transparency and insights for sustainability strategy and targets. These insights are further turned into business value and new business opportunities - like any other business development idea. Have you ever considered having a sustainability data development roadmap beside – or even merged with – your business development roadmap?

The right time is to act is now.

We at adesso can complement your own expertise in following areas:

Converting Sustainability data into a strategic asset for Business
Extensive experience in creating data roadmaps and collecting data from various internal and external sources
Advice on platform and software choices, deployment, and reporting development
Give practical guidance for building data ecosystems based on multiple real-life cases
Integrate sustainability data as part of your everyday decisions

Sustainability data roadmap would ease your ESG reporting pain

Just survived your annual sustainability reporting round? ESG data gathering can be an extensive and exhausting effort, but yearly results still may be based on estimates and require manual data collection. Sustainable data roadmap is a systematic tool to tackle these challenges and get real value out of your sustainability data.

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Are you a leader or a follower in the sustainability transformation?

When evaluating sustainability efforts and opportunities beyond compliance, one of the first questions is of course the business case or ROI. Are there really measurable business reasons why we should invest more in sustainability than regulations or de facto standards dictate, or more than our closest competitors?