The sustainability It has become the axis of a good part of the business strategies of the present. In the European Union (EU) in particular —and in the world in general— the rules are changing so that the activity of organizations is truly in line with the UN Sustainable Development Goals (SDGs). An example of this is the Europe green taxonomy, launched this year, which will oblige companies to present economic indicators of its sustainable activities to avoid greenwashing or ‘ecological bleaching‘.
For companies that want to lead the change, the new regulations pose a great technical and administrative challenge. To help them in their mission, the technology consulting firm Stratesys, a digital hub between America and Europe, has developed a new line of business that is consolidated with a Sustainable Development Center (SDC), made up of a panel of experts who are responsible for understanding what what is happening and create customized solutions for companies, based on its own technology and alliances with partners such as SAP, Microsoft or Sygris.
From the center, they offer ESG and sustainability consulting services, and technological solutions aimed at a C-Level, the Chief Sustainable Officer of companies. The solutions available respond to the next challenges:
1. Carbon footprint calculation
In addition to being calculated for organizations, it can be calculated for specific products and services, always based on international standards (GHG Protocol, PAS 2050, etc.). In addition to publishing the calculation information, the main objective is to obtain a european eco product label (ecolabel).
2. Compliance with the European taxonomy
A regulation that is born from the sustainable finance action plan and whose objective is to define, based on a homogeneous and common classification, which economic activities are considered as economically sustainable activities. It affects companies that provide financial services differently from non-financial companies.
3. Materiality analysis
Analysis or diagnosis to identify material sustainability issues in order to define the corporate sustainability strategy.
4. Sustainability strategy and action plan
Companies must help advance sustainable development by minimizing the negative impacts of their activity and maximizing the positive ones. One of the ways to define the strategy is to rely on the SDG Compass guide to define the specific objectives in which the strategy will materialize.
5. Sustainability report
Once the strategy has been put into practice, a report must be prepared, generally annually, where the information about economic performancesocial and environmental of it.
6. Statements of non-financial information
Management report providing information on environmental issues, personnel and human rights, due diligence and sustainability.
“The creation of the Center for Sustainable Development was a natural step in the path of Stratesys, a company in which we all act under the motto ‘Technology for Good’. The objective of this new project is to help clients address their different social, economic and environmental challenges by providing them with ethical, inclusive and sustainable solutions. We want to be their allies and eliminate any barrier or difficulty for companies on the way to becoming social leaders for a more sustainable system and world.” says Mario Izquierdo, director of the ESG & sustainable development Center at Stratesys.
