# Nexio Projects > Sustainability in motion --- ## Pages - [Notre équipe](https://nexioprojects.com/fr/rencontrez-lequipe/): Nexio Projects propose des solutions expertes pour la gestion du climat et des risques, la stratégie de développement durable et... - [Nos clients](https://nexioprojects.com/fr/clients/): Débloquez le développement durable avec Nexio Projects : Des stratégies net zéro, des évaluations EcoVadis et un soutien sur mesure... - [Webinaires et événements](https://nexioprojects.com/fr/webinaires-et-evenements/): Découvrez des solutions expertes en matière de développement durable telles que l'évaluation EcoVadis et le soutien net zéro avec Nexio... - [Termes et conditions](https://nexioprojects.com/fr/termes-et-conditions/): 1. Définitions Dans les présentes conditions générales, les termes suivants ont la signification qui leur est attribuée ci-dessous : Personnes... - [Articles](https://nexioprojects.com/fr/blog-sur-le-developpement-durable/): Obtenez un succès durable grâce aux stratégies sur mesure de Nexio Projects et à son expertise en matière de décarbonisation,... - [Politique de confidentialité](https://nexioprojects.com/fr/politique-de-confidentialite/): De qui traitons-nous les données à caractère personnel et comment obtenons-nous ces données ? Nous traitons les données personnelles de... - [Nos partenaires](https://nexioprojects.com/fr/nos-partenaires/): Découvrez les solutions sur mesure de Nexio en matière de développement durable et de climat pour atteindre le niveau zéro,... - [Qui sommes-nous?](https://nexioprojects.com/fr/notre-entreprise/): Atteignez vos objectifs de développement durable avec Nexio Projects, votre partenaire mondial en matière de stratégie de développement durable, de... - [Les actualités](https://nexioprojects.com/fr/actualites/): Nexio Projects : Conseil de premier plan en matière de développement durable, à l'origine de stratégies net zéro et ESG... - [Accueil](https://nexioprojects.com/fr/): Partenaire de Nexio Projects pour des solutions expertes en matière de développement durable : net-zero, EcoVadis, B Corp, et plus... - [Guides et fiches d'information](https://nexioprojects.com/fr/guides-et-fiches-dinformation/): Nexio Projects propose aux entreprises des solutions sur mesure en matière de développement durable, allant de la certification "net zero"... - [Politique des cookies](https://nexioprojects.com/fr/politique-des-cookies/): Introduction Nous nous engageons à protéger la vie privée des visiteurs de notre site web et des utilisateurs de nos... - [Parler à un expert](https://nexioprojects.com/fr/parler-a-un-expert/): Atteignez vos objectifs de développement durable avec les stratégies sur mesure de Nexio Projects pour le net zéro, la certification... - [Code de conduite](https://nexioprojects.com/fr/code-de-conduite/): Chez Nexio Projects, nous nous engageons à favoriser un environnement qui promeut la diversité, le traitement équitable et le respect... - [Nous Rejoindre](https://nexioprojects.com/fr/carrieres/): Découvrez les solutions innovantes de Nexio Projects en matière de développement durable - net zero, EcoVadis, B Corp, et plus... - [Nos solutions](https://nexioprojects.com/fr/toutes-les-solutions/): Accélérez votre démarche de développement durable avec Nexio Projects. Explorez des solutions allant de l'absence de pollution à la certification... - [Our company](https://nexioprojects.com/our-company/): Achieve sustainability goals with Nexio Projects—your global partner in sustainability strategy, training, and reporting. - [Code of conduct](https://nexioprojects.com/code-of-conduct/): At Nexio Projects, we are committed to foster an environment that promotes diversity, fair treatment, and respect for others. Employees... - [Cookie policy](https://nexioprojects.com/cookie-policy/): Introduction We are committed to safeguarding the privacy of our website visitors and service users. This policy applies where we... - [Terms and conditions](https://nexioprojects.com/terms-and-conditions/): 1. Definitions In these terms and conditions, the following terms shall have the meanings assigned to them below: Affiliated Persons:... - [Privacy Policy](https://nexioprojects.com/privacy-policy/): From whom do we process personal data and how do we get this data? We process the personal data from... - [Guides and factsheets](https://nexioprojects.com/knowledge-centre/): Nexio Projects empowers businesses with tailored sustainability solutions, from net zero to B Corp certification, driving impact and compliance. - [News](https://nexioprojects.com/news/): Nexio Projects: Leading sustainability consultancy driving net zero & ESG strategies globally. Explore solutions shaping a greener future! - [Webinars and events](https://nexioprojects.com/webinars-and-events/): Discover expert sustainability solutions like EcoVadis assessment and net zero support with Nexio Projects. - [Сustomers](https://nexioprojects.com/customers/): Unlock sustainability with Nexio Projects: Net zero strategies, EcoVadis assessments & tailored support for impactful progress. - [Sustainability blog](https://nexioprojects.com/sustainability-blog/): Unlock sustainable success with Nexio Projects' tailored strategies and expert insights in decarbonisation, reporting, and more. - [All solutions](https://nexioprojects.com/all-solutions/): Accelerate your sustainability journey with Nexio Projects. Explore solutions from net zero to B Corp certification and beyond! - [Meet the team](https://nexioprojects.com/meet-the-team/): Empower your sustainability journey with Nexio Projects' expert-led solutions for climate and risk management, sustainability strategy, and reporting. - [Careers](https://nexioprojects.com/careers/): Explore Nexio Projects' innovative sustainability solutions—net zero, EcoVadis, B Corp, and more. Join us in shaping a sustainable future! - [Our partners](https://nexioprojects.com/our-partners/): Discover Nexio's tailored sustainability & climate solutions to achieve net zero, risk management, and certification success. - [Contact](https://nexioprojects.com/contact/): Achieve your sustainability goals with Nexio Projects' tailored strategies for net zero, B Corp certification, and more. Explore their solutions. - [Home](https://nexioprojects.com/): Partner with Nexio Projects for expert sustainability solutions: net-zero, EcoVadis, B Corp, and more for lasting positive impact. --- ## Posts - [ Mastering CDP’s essential criteria: How to secure a stronger score in 2025 ](https://nexioprojects.com/mastering-cdps-essential-criteria-how-to-secure-a-stronger-score-in-2025/): “CDP is no longer just a data repository; it’s become judge and jury—if you miss even one essential criterion, your... - [CSRD in practice: Insights from the EcoVadis webinar with EFRAG and Nexio Projects ](https://nexioprojects.com/csrd-in-practice-insights-from-the-ecovadis-webinar-with-efrag-and-nexio-projects/): On 3 June 2025, sustainability professionals from across Europe joined an in-depth webinar hosted by EcoVadis, featuring expert panellists from... - [How to navigate your B Corp recertification: Deadlines, pathways and what’s next    ](https://nexioprojects.com/how-to-navigate-your-b-corp-recertification-deadlines-pathways-and-whats-next/): “Recertification isn’t just a checkbox—it’s your opportunity to prove your business is leading the way in credible, accountable sustainability. ”... - [Sustainability reporting in 2025: What’s changed and how to lead ](https://nexioprojects.com/sustainability-reporting-in-2025-whats-changed-and-how-to-lead/): “2025 marks a new era for sustainability reporting – one defined by shifting regulations, digital transparency, and the expectation that... - [Building resilient sustainability strategies in Manufacturing: Navigating a shifting regulatory landscape ](https://nexioprojects.com/building-resilient-sustainability-strategies-in-manufacturing-navigating-a-shifting-regulatory-landscape/): “Sustainability isn’t a sideline or a PR exercise. It’s a core business imperative, tied directly to reputation, risk, and the... - [Spreadsheets vs. software: Managing climate data smarter](https://nexioprojects.com/spreadsheets-vs-software-managing-climate-data-smarter/): “In the end, this isn’t a story about Excel vs. software. It’s about choosing the right tool for the job—and... - [Beyond the medal: Navigating your 2025 EcoVadis assessment with confidence  ](https://nexioprojects.com/beyond-the-medal-navigating-your-2025-ecovadis-assessment-with-confidence/): EcoVadis isn’t just a score-it’s a catalyst for real change, driving companies to embed sustainability into their DNA and lead... - [EcoVadis 2025 unpacked: Your top questions, answered](https://nexioprojects.com/ecovadis-2025-unpacked-your-top-questions-answered/): As anticipation grows around the upcoming EcoVadis 2025 updates, many of you submitted thoughtful questions about what’s changing and how... - [Providing expert guidance to support Coca-Cola HBC in their EcoVadis success  ](https://nexioprojects.com/providing-expert-guidance-to-support-coca-cola-hbc-in-their-ecovadis-success/): Coca-Cola HBC is proud to be global industry leader in sustainability, with leading scores and rankings in ten of the... - [Carbon footprints decoded: A collaborative approach to climate action](https://nexioprojects.com/carbon-footprints-decoded-a-collaborative-approach-to-climate-action/): In 2025, the demand from consumers for clarity and accountability on carbon emissions is only increasing. Data sharing is, therefore,... - [Supplier engagement: A step-by-step guidance for mid-market and large organisations ](https://nexioprojects.com/supplier-engagement-a-step-by-step-guidance-for-mid-market-and-large-organisations/): “Through collaborative supplier engagement, businesses can unlock new efficiencies, reduce emissions, and build resilient supply chains. ” Mid-market enterprises (MMEs)... - [Navigating the CDP 2025 disclosure cycle: Updates, timelines and tips ](https://nexioprojects.com/navigating-the-cdp-2025-disclosure-cycle-updates-timelines-and-tips/): “CDP’s 2025 questionnaire brings only minor refinements, but these targeted updates are designed to improve clarity, usability and alignment with... - [Navigating the new B Corp certification: What has changed and why it matters   ](https://nexioprojects.com/navigating-the-new-b-corp-certification-what-has-changed-and-why-it-matters/): Why B Lab changed the standards On 8 April 2025, B Lab launched the sixth—and most significant—iteration of the B... - [Leveraging LCA insights](https://nexioprojects.com/leveraging-lca-insights/): “Life cycle assessments are a key tool to enable the implementation of circular economy strategies and achieve effective decarbonisation for... - [The hidden value in decarbonisation: Maximising ROI through strategic action](https://nexioprojects.com/the-hidden-value-in-decarbonisation-maximising-roi-through-strategic-action/): “Decarbonisation isn’t just about saving the planet—it’s about future-proofing your business. The companies leading this charge aren’t just reducing emissions;... - [Proposed changes in the SBTi Net-Zero Standard version 2.0](https://nexioprojects.com/proposed-changes-in-the-sbti-net-zero-standard-version-2-0/): “The climate crisis demands more than pledges – it requires businesses to back commitments with rapid, science-guided action. ” The... - [DMA learnings and best practices](https://nexioprojects.com/dma-learnings-and-best-practices/): The Corporate Sustainability Reporting Directive (CSRD) and its core requirement, the Double Materiality Assessment (DMA), are more than just regulatory... - [Building a climate-resilient ESG strategy for 2025  ](https://nexioprojects.com/building-a-climate-resilient-esg-strategy-for-2025/): “Climate resilience is not just about mitigating risks; it’s about unlocking opportunities for sustainable growth. ” The urgency of climate... - [Navigating EcoVadis: The in-house vs consultant debate ](https://nexioprojects.com/navigating-ecovadis-the-in-house-vs-consultant-debate/): “The EcoVadis assessment provides a comprehensive framework for your company to demonstrate your sustainability practices, commitments and programs transparently. Leverage... - [B Corp certification: The development of a key sustainability standard   ](https://nexioprojects.com/b-corp-certification-the-development-of-a-key-sustainability-standard/): “B Corp certification is unique for its combination of assessment categories and its focus on sustainability beyond the product level.... - [Understanding the Omnibus package and its potential impact ](https://nexioprojects.com/navigating-the-evolving-eu-esg-landscape-understanding-the-omnibus-package-and-its-potential-impact/): The European Commission’s recent unveiling of the Omnibus package on 26th February 2025 has initiated a new phase in the... - [New York's Climate challenge: Getting ready for disclosure requirements ](https://nexioprojects.com/new-yorks-climate-challenge-getting-ready-for-disclosure-requirements/): Over the past few years, New York introduced ambitious initiatives to reduce greenhouse gas (GHG) emissions and enhance environmental accountability.... - [The path to B Corp certification: Take the next steps on your sustainability journey   ](https://nexioprojects.com/the-path-to-b-corp-certification-take-the-next-steps-on-your-sustainability-journey/): “The B Corp standards provide a reliable framework to assess your company’s sustainability maturity and identify the areas where investment... - [Behind the scenes of Nexio Projects' annual EcoVadis assessment: Lessons, growth and commitment ](https://nexioprojects.com/behind-the-scenes-of-nexio-projects-annual-ecovadis-assessment/): “Sustainability is a journey, not a destination. The EcoVadis assessment provides a structured framework for that journey, pushing us to... - [How to become a B Corp: A closer look at the B Impact Assessment  ](https://nexioprojects.com/how-to-become-a-b-corp-a-closer-look-at-the-b-impact-assessment/): “The B Impact Assessment is a crucial step in B Corp certification, but it is also an invaluable tool for... - [California's carbon countdown: Preparing for SB 253 compliance](https://nexioprojects.com/californias-carbon-countdown-preparing-for-sb-253-compliance/): Over the past two decades, California has introduced a series of ambitious climate initiatives aimed at reducing greenhouse gas (GHG)... - [Behind the scenes: Nexio Projects' journey through B Corp recertification ](https://nexioprojects.com/behind-the-scenes-nexio-projects-journey-through-b-corp-recertification/): In 2019, Nexio Projects achieved a significant milestone: our first B Corp certification. This recognition validated our commitment to using... - [What businesses need to know about the EU Omnibus simplification package](https://nexioprojects.com/what-businesses-need-to-know-about-the-eu-omnibus-simplification-package/): EU Omnibus potential simplification package overview The European Commission will publish the first of its Omnibus Simplification Package on February... - [Understanding ESRS](https://nexioprojects.com/understanding-esrs-a-guide-to-companies-reporting-framework/): With sustainability becoming a cornerstone of modern business practices, regulatory frameworks are evolving to promote transparency and accountability. A significant... - [What’s the difference between a product carbon footprint and a product environmental footprint?](https://nexioprojects.com/whats-the-difference-between-a-product-carbon-footprint-and-a-product-environmental-footprint/): “From both a regulatory and competitive perspective, creating products with a reduced impact on people and the environment has never... - [Leadership in sustainability: Taking your ESG reporting to the next level ](https://nexioprojects.com/leadership-in-sustainability-taking-your-esg-reporting-to-the-next-level/): “From mandatory sustainability disclosures to the need for decarbonisation, circularity and human rights due diligence, companies must adapt quickly to... - [Step by step to become net zero](https://nexioprojects.com/step-by-step-to-become-net-zero/): Achieving net zero emissions is a critical objective for organisations committed to combating climate change. This process involves balancing the... - [Roadmap to CSRD: Step-by-step preparation for a Double Materiality Assessment ](https://nexioprojects.com/roadmap-to-csrd-step-by-step-preparation-for-a-double-materiality-assessment/): Double Materiality Assessment: Definitions and key concepts As the Corporate Sustainability Reporting Directive (CSRD) takes effect, companies are grappling with... - [Your journey on the sustainability maturity curve](https://nexioprojects.com/the-journey-on-the-sustainability-maturity-curve-2/): Navigate the Sustainability Maturity Curve: your roadmap to sustainable growth and competitive advantage. - [What you need to know for your next EcoVadis assessment](https://nexioprojects.com/what-you-need-to-know-for-your-next-ecovadis-assessment/): “The EcoVadis assessment guides organisations on their sustainability journey and presents a unique opportunity to catalyse positive change throughout the... - [What is net zero?](https://nexioprojects.com/what-is-net-zero/): Net zero is a pivotal concept in the global effort to combat climate change, representing a state where the amount... - [Sustainability reporting: What is the GHG Protocol? ](https://nexioprojects.com/sustainability-reporting-what-is-the-ghg-protocol/): “By using the GHG Protocol’s calculation tools and emissions accounting standards, businesses can ensure that their measurements are consistent with... - [Understanding EcoVadis: What’s the difference between ‘entity’ and ‘group’ assessments? ](https://nexioprojects.com/understanding-ecovadis-whats-the-difference-between-entity-and-group-assessments/): What’s the scope of your EcoVadis assessment? If you’re a large organisation considering an EcoVadis assessment, it’s important to choose... - [The SBTi on carbon offsets: Should they be part of your sustainability strategy?](https://nexioprojects.com/the-sbti-on-carbon-offsets-should-they-be-part-of-your-sustainability-strategy/): Find out more about the SBTi’s position and what it means for your company “Carbon offsets may be an effective... - [Why should you develop an SBTi-validated emissions reduction target? ](https://nexioprojects.com/why-should-you-develop-an-sbti-validated-emissions-reduction-target/): Discover the benefits of a science-based climate strategy “Incorporating SBTi-validated targets into your sustainability strategy is a great way to... - [Why get support with your corporate carbon footprint?](https://nexioprojects.com/why-get-support-with-your-corporate-footprint/): Here is why you should get support with your corporate carbon footprint - [Improve supply chain transparency with EcoVadis](https://nexioprojects.com/improve-supply-chain-transparency-with-ecovadis/): “EcoVadis is a valuable platform for cooperation across the supply chain, fostering stronger partnerships and facilitating the development of a... - [Why get support with your EcoVadis assessment?](https://nexioprojects.com/why-get-support-with-your-ecovadis-assessment/): Here is why you should get support with your EcoVadis assessment - [EcoVadis Platinum: From ambition to reality](https://nexioprojects.com/ecovadis-platinum-from-ambition-to-reality/): The journey to EcoVadis platinum medal - [Going for Gold: What does it take to be an EcoVadis top performer?](https://nexioprojects.com/going-for-gold-what-does-it-take-to-be-an-ecovadis-top-performer/): Discover what steps your organisation need to take to achieve an EcoVadis Gold Medal and demonstrate excellence in sustainability management. - [What does it take to achieve an EcoVadis Silver Medal?](https://nexioprojects.com/what-does-it-take-to-achieve-an-ecovadis-silver-medal/): Is your organisation ready to take the next steps on its EcoVadis journey? This blog explains more about EcoVadis Silver... - [First steps on your EcoVadis journey: Going for Bronze](https://nexioprojects.com/first-steps-on-your-ecovadis-journey-going-for-bronze/): Ready to take the first steps on your EcoVadis journey? Read our new blog to find out how to achieve... - [Your guide to sustainability assessment: Why choose EcoVadis?](https://nexioprojects.com/your-guide-to-sustainability-assessment-why-choose-ecovadis/): Read the new Nexio Projects blog to learn how an EcoVadis assessment can help your company drive transparency, collaboration and... - [ABN AMRO on CSRD: Tips for a streamlined reporting process](https://nexioprojects.com/abn-amro-on-csrd-tips-for-a-streamlines-reporting-process/): Master CSRD reporting with insights from ABN AMRO's experts for streamlined processes and impactful sustainability strategies. - [B Corp or EcoVadis, what's the best choice for your company?](https://nexioprojects.com/b-corp-or-ecovadis-what-is-the-best-choice-for-your-company/): Discover if B Corp or EcoVadis aligns best with your goals in our detailed guide on sustainability certifications. - [Best practices to accelerate your EcoVadis journey](https://nexioprojects.com/best-practices-to-accelerate-your-ecovadis-journey/): Discover best practices to accelerate your EcoVadis journey and embed sustainability at your core. - [What are Scope 3 greenhouse gas emissions?](https://nexioprojects.com/what-are-scope-3-greenhouse-gas-emissions/): This article will help you understand Scope 3 emissions and what it means for your business - [Understanding Scope 1 and 2 greenhouse gas emissions](https://nexioprojects.com/understanding-scope-1-and-2-greenhouse-gas-emissions/): Read more to understand Scope 1 and 2 emissions and what they mean for your company - [Strengthening your DEI reporting strategy](https://nexioprojects.com/strengthening-your-dei-reporting-strategy/): Enhance your DEI reporting strategy with comprehensive data and align with key frameworks for transparency and accountability. - [Navigating the CSDDD: What businesses need to know](https://nexioprojects.com/navigating-the-csddd-what-businesses-need-to-know/): Discover how the CSDDD reshapes sustainability and human rights diligence for EU businesses. Get essential insights and compliance timelines now! - [What you need to know to complete the CDP questionnaire](https://nexioprojects.com/what-you-need-to-know-to-complete-your-cdp-questionnaire/): Navigate CDP disclosure to meet sustainability needs, attract funding, and assess environmental impacts with our 2024 questionnaire guide. - [Making sense of the sustainability reporting landscape](https://nexioprojects.com/making-sense-of-the-sustainability-reporting-landscape/): Navigate the ESG reporting tools to enhance transparency and align with sustainability goals. Discover standards, frameworks, and certifications. - [Will the CSRD be a catalyst for corporate climate action?](https://nexioprojects.com/will-the-csrd-be-a-catalyst-for-corporate-climate-action/): Discover how the EU's CSRD can ignite corporate climate action and inspire decarbonisation efforts in large companies. - [Unveiling the true cost of greenwashing](https://nexioprojects.com/unveiling-the-true-cost-of-greenwashing/): Discover the hidden dangers of greenwashing and its costly impact on business reputation and sustainability ethics. - [All you need to know before hiring a sustainability manager](https://nexioprojects.com/all-you-need-to-know-before-hiring-a-sustainability-manager/): Hire a Sustainability Manager to lead effective green initiatives and boost your company’s impact, reputation, and bottom line. - [Redefining business success: The case for B Corp certification](https://nexioprojects.com/redefining-business-success-the-case-for-b-corp-certification/): Unlock business success with B Corp certification, paving the way for sustainability and strategic growth. - [Why you should invest in sustainability](https://nexioprojects.com/why-you-should-invest-in-sustainability-in-2024/): Invest in sustainability to boost resilience and stay ahead of industry challenges while gaining financial and ethical benefits. - [On a journey to create more inclusive workplaces](https://nexioprojects.com/on-a-journey-to-create-more-inclusive-workplaces/): Explore key benefits of inclusive workplaces and how Nexio Projects fosters diversity, equity, and inclusion. - [Sustainability for businesses: Why you should invest in sustainability in 2024](https://nexioprojects.com/sustainability-for-businesses-why-you-should-invest-in-sustainability-in-2024/): The business case for doing your sustainability right While sustainability has been increasingly on the radar of companies in recent... - [How to build an effective decarbonisation strategy?](https://nexioprojects.com/how-to-build-an-effective-decarbonisation-strategy/): Learn how to build an effective decarbonisation strategy for a sustainable future. Discover key steps and benefits in achieving net-zero... - [What you need to know for your 2024 EcoVadis Assessment](https://nexioprojects.com/what-you-need-to-know-for-your-2024-ecovadis-assessment/): Unlock EcoVadis 2024 insights: Boost your sustainability rating with our guide! - [CSRD 2024 update: Towards ESRS implementation](https://nexioprojects.com/csrd-2024-update-towards-esrs-implementation/): Discover CSRD 2024 updates, ESRS guidelines, and reporting essentials for sustainable compliance. - [The art of collaboration: Supplier engagement](https://nexioprojects.com/the-art-of-collaboration-supplier-engagement/): As the impacts of business activities extend way beyond organisational boundaries, supplier engagement is fundamental to understanding and acting on... - [The business guide to nature-based vs. engineered solutions](https://nexioprojects.com/the-business-guide-to-nature-based-vs-engineered-solutions/): This article explores different solutions to reduce and mitigate the negative impacts of organisations with the challenges of climate change. - [Counting what counts: Scope 3](https://nexioprojects.com/counting-what-counts-scope-3/): With the growing intensity and frequency of climate change effects, and higher pressure from governments, investors, and customers, businesses are... - [Going for Platinum: Five steps to EcoVadis success](https://nexioprojects.com/going-for-platinum-five-steps-to-ecovadis-success/): Unlock EcoVadis success with strategic insights. Improve sustainability, engage stakeholders, and gain a competitive edge today! - [The CSRD requirements: Reporting on performance and goals](https://nexioprojects.com/the-csrd-requirements-reporting-on-performance-and-goals/): Understand CSRD for effective ESG reporting and boost sustainability goals. A ripple effect for EU businesses and global stakeholders awaits. - [The CSRD requirements: Reporting on risks and opportunities](https://nexioprojects.com/the-csrd-requirements-reporting-on-risks-and-opportunities/): Unravel the CSRD's impact on risk and opportunity reporting for effective compliance in 2024 and beyond. - [What does double materiality mean for your ESG strategy?](https://nexioprojects.com/what-does-double-materiality-mean-for-your-esg-strategy/): Discover the implications of conducting a double materiality assessment for your organisations to meet the CSRD requirements. - [4 key environmental sustainability topics  in the manufacturing sector](https://nexioprojects.com/4-key-environmental-sustainability-topics-in-the-manufacturing-sector/): What is the first thing that comes to mind when talking about environmental sustainability in the workplace? Many of us... - [Where everything starts: Data collection for carbon footprint?](https://nexioprojects.com/where-everything-starts-data-collection-for-carbon-footprint/): Master sustainability by starting with effective data collection for your carbon footprint. Discover key strategies now! - [A brief guide to change management for sustainability](https://nexioprojects.com/a-brief-guide-to-change-management-for-sustainability/): Change management: what is it? How many times did you set New Year’s resolutions for yourself? And, how many of... - [The role of sustainability in corporate decision-making](https://nexioprojects.com/the-role-of-sustainability-in-corporate-decision-making/): Explore how sustainability shapes corporate decisions, reduces risks, and boosts competitive advantage in today's business landscape. - [Corporate sustainability reporting: What is the CSRD? ](https://nexioprojects.com/corporate-sustainability-reporting-what-is-the-csrd/): Ready for mandatory corporate sustainability reporting? Get our expert insights into the requirements and benefits of the CSRD. - [The new corporate sustainability reporting directive](https://nexioprojects.com/the-new-corporate-sustainability-reporting-directive/): The latest CSRD updates Last week the European Parliament officially adopted the new CSRD. On the 28th of November, the Council... - [GRI reporting: A guide for sustainability managers](https://nexioprojects.com/gri-reporting-a-guide-for-sustainability-managers/): Unlock effective GRI reporting for impactful sustainability with our comprehensive guide for managers. - [The ISO Standards for sustainability](https://nexioprojects.com/the-iso-standards-for-sustainability/): Unlock ISO standards for sustainability; streamline your business with certified eco-friendly practices and enhance global credibility. - [Ultimate guide for business: How to contribute to the Paris Agreement](https://nexioprojects.com/ultimate-guide-for-business-how-to-contribute-to-the-paris-agreement/): Introduction Kyoto Protocol, Paris Agreement, Glasgow Climate Pact ... so many different climate change negotiations and treaties have been developed... - [A practical approach to stakeholder engagement](https://nexioprojects.com/a-practical-approach-to-stakeholder-engagement-2/): Stakeholder engagement is key to creating a ripple effect throughout the entire value chain when it comes to your sustainability... - [Your top ten sustainability reporting questions answered ](https://nexioprojects.com/your-top-ten-sustainability-reporting-questions-answered/): In this article, we tackle the most frequently asked questions from our clients to help you meet regulatory requirements. - [4 practical steps to implement ISO20400](https://nexioprojects.com/4-practical-steps-to-implement-iso20400/): With up to 90% of GHG emissions coming from organisations’ supply chains, procurement should probably be in the top 3... - [How businesses can reduce their fossil fuel dependency](https://nexioprojects.com/how-businesses-can-reduce-their-fossil-fuel-dependency/): With time to achieve global climate goals running out, moving away from fossil fuels becomes more important than ever. Nevertheless,... - [A response to Dopper's: To B or not to B](https://nexioprojects.com/a-response-to-doppers-to-b-or-not-to-b/): To B or not to B? That’s the question. Or is it? We have a different response. But first, some... - [Earth Day: An update on the planetary boundaries](https://nexioprojects.com/earth-day-an-update-on-the-planetary-boundaries/): Earth Day: Invest in our planet Clean up plastic waste around the city, plant trees in a nearby park, or... - [A guide to carbon offsetting](https://nexioprojects.com/a-guide-to-carbon-offsetting/): A box of carbon neutral bananas in a Dutch supermarket, a carbon neutral holiday with flight included, carbon neutral law-firms... - [Why you should pay attention to the biodiversity crisis](https://nexioprojects.com/why-you-should-pay-attention-to-the-biodiversity-crisis/): In February 2022, the Intergovernmental Panel on Climate Change (IPCC) shined a light on the strong interconnectivity of ecosystems, biodiversity... - [Using CDP as a tool to report on ESG strategy](https://nexioprojects.com/using-cdp-as-a-tool-to-report-on-esg-strategy/): Navigate the Sustainability Maturity Curve: your roadmap to sustainable growth and competitive advantage. - [Top 6 Questions About Sustainable Procurement](https://nexioprojects.com/top-6-questions-about-sustainable-procurement/): Are 50 euros for a pair of jeans a reasonable price? Consider the environmental and social impact generated to produce... - [Measuring GHG emissions](https://nexioprojects.com/measuring-ghg-emissions/): Climate change risks and opportunities for businesses Climate change is impacting our societies at an alarming rate. Whereas at the... - [Everything you wish you knew before writing a sustainability report](https://nexioprojects.com/everything-you-wish-you-knew-before-writing-a-sustainability-report/): Are you in the process of writing a sustainability report? Are you encountering struggles along the way and wish to... - [2022 Update on The New CSRD](https://nexioprojects.com/2022-update-on-the-new-csrd/): With around 50,000 companies in Europe required to align with the new Corporate Sustainability Reporting Directive (CSRD), you’d better be... - [The role of education in shaping a sustainable future](https://nexioprojects.com/the-role-of-education-in-shaping-a-sustainable-future/): Setting the scene: Data from the educational sector According to statistics from The World Bank, the current enrolment rate for primary... - [Threats and Opportunities of Climate Change](https://nexioprojects.com/threats-and-opportunities-of-climate-change/): Climate change is on everyone’s lips, and as extreme weather events continue to rise, the importance of assessing and understanding... - [An introduction to corporate sustainability training ](https://nexioprojects.com/an-introduction-to-corporate-sustainability-training/): Public pressure is increasingly demanding companies to tackle sustainability issues caused by their business activities. Nevertheless, how can this be... - [A step-by-step approach to advance your sustainability strategy](https://nexioprojects.com/a-step-by-step-approach-to-advance-your-sustainability-strategy/): In this article, we provide practical tips on developing your sustainability strategy to help you lead the sustainability maturity curve. - [CIRFOOD Is The First Catering Company To Go For EcoVadis Gold](https://nexioprojects.com/cirfood-is-the-first-catering-company-to-go-for-ecovadis-gold/): Navigate the Sustainability Maturity Curve: your roadmap to sustainable growth and competitive advantage. --- ## Services --- ## Case study --- ## Webinars - [Supplier engagement webinar: Improve your score](https://nexioprojects.com/webinars/supplier-engagement-webinar-improve-your-score/): 10th of July, 2025 | 5. 00 PM – 6. 00 PM CEST | 11. 00 AM – 12. 00... - [Supplier engagement webinar: Introduction to EcoVadis](https://nexioprojects.com/webinars/supplier-engagement-webinar-introduction-to-ecovadis/): 8th of July, 2025 | 5. 00 PM – 6. 00 PM CEST | 11. 00 AM – 12. 00... - [EcoVadis supplier engagement webinar](https://nexioprojects.com/webinars/ecovadis-supplier-engagement-webinar/): 4th of June, 2025 | 10. 00 AM – 11. 00 AM CEST You are invited to an introductory webinar... - [EcoVadis supplier engagement webinar](https://nexioprojects.com/webinars/ecovadis-supplier-engagement-webinar-2/): 5th of June, 2025 | 4. 00 PM – 5. 00 PM CEST | 10. 00 AM – 11. 00... - [Mastering CDP's essential criteria](https://nexioprojects.com/webinars/mastering-cdps-essential-criteria/): Watch our newest CDP webinar session, where our experts dive into understanding the significant role of the ‘essential criteria’ on... - [Stakeholder mapping for effective decarbonisation](https://nexioprojects.com/webinars/stakeholder-mapping-for-effective-decarbonisation/): 26th of June, 2025 | 4. 00 PM – 5. 00 PM CEST | 10. 00 AM – 11. 00... - [Navigating the ESG agenda in today's uncertain times](https://nexioprojects.com/webinars/navigating-the-esg-agenda-in-todays-uncertain-times/): 17th of June, 2025 | 4. 00 PM – 5. 00 PM CEST | 10. 00 AM – 11. 00... - [Tariffs & uncertainties: Building a resilient sustainability strategy | Manufacturing Sector](https://nexioprojects.com/webinars/future-proofing-sustainability-building-a-resilient-strategy-in-a-shifting-regulatory-landscape/): 4th of June, 2025 | 11. 00 AM EDT | 8:00 AM PDT This exclusive session is tailored for organisations... - [Understanding CDP's new integrated format](https://nexioprojects.com/webinars/understanding-cdps-new-integrated-format/): Watch our webinar “Understanding CDP’s new integrated format” below, where we’ll explore the latest updates and best practices for navigating... - [Uniting the value chain: PACT's role in effective supplier engagement](https://nexioprojects.com/webinars/uniting-the-value-chain-effective-supplier-engagement/): 16th of April, 2025 | 3. 00 PM – 4. 00 PM CEST Watch our special edition webinar, organised together... - [EcoVadis best practice insights from top medalists](https://nexioprojects.com/webinars/ecovadis-best-practice-insights-from-top-medalists/): 22nd of May, 2025 | 4. 00 PM – 5. 00 PM CEST 10. 00 AM – 11. 00 AM... - [Driving supplier engagement for stronger sustainability performance](https://nexioprojects.com/webinars/driving-supplier-engagement-for-stronger-sustainability-performance-with-ecovadis/): 11th of December, 2025 | 4. 00 PM – 5. 00 PM CET 10. 00 AM – 11. 00 AM... - [Leveraging EcoVadis rating for market advantage](https://nexioprojects.com/webinars/leveraging-ecovadis-rating-for-market-advantage/): 20th of October, 2025 | 4. 00 PM – 5. 00 PM CET 10. 00 AM – 11. 00 AM... - [EcoVadis made simple: Insights shaped by your questions](https://nexioprojects.com/webinars/ecovadis-made-simple-navigating-the-process-enhancing-your-score/): 15th of July, 2025 | 4. 00 PM – 5. 00 PM CEST 10. 00 AM – 11. 00 AM... - [Integrating EcoVadis in your sustainability framework](https://nexioprojects.com/webinars/integrating-ecovadis-in-your-sustainability-framework/): 10th of September, 2025 | 4. 00 PM – 5. 00 PM CEST 10. 00 AM – 11. 00 AM... - [EcoVadis data collection throughout the supply chain](https://nexioprojects.com/webinars/ecovadis-data-collection-throughout-the-supply-chain/): 30th of April, 2025 | 4. 00 PM – 5. 00 PM CEST 10. 00 AM – 11. 00 AM... - [CSRD: Omnibus update – The latest developments](https://nexioprojects.com/webinars/csrd-omnibus-update-the-latest-developments/): 10th of March, 2025 | 4. 00 PM – 5. 00 PM Watch our session on the effects of the... - [DMA learnings and best practices](https://nexioprojects.com/webinars/dma-learnings-and-best-practices/): 27th of March, 2025 | 4. 00 PM – 5. 00 PM Watch our on-demand webinar about DMA learnings and... - [CSRD: Navigating the 2025 requirements](https://nexioprojects.com/webinars/csrd-compliance-compass-navigating-the-2025-requirements/): 27th of January, 2025 | 4. 00 PM – 5. 00 PM Watch this special edition of our CSRD webinar... - [Building a climate-resilient ESG strategy for 2025](https://nexioprojects.com/webinars/building-a-climate-resilient-esg-strategy-for-2025/): Watch our climate strategy webinar, where experts explain climate journeys based on organisations’ maturity, as well as answering your questions.... - [CDP: How to improve my score](https://nexioprojects.com/webinars/cdp-how-to-improve-my-score/): 11th of February, 2025 | 4. 00 PM – 5. 00 PM Watch this webinar where our expert dives into... - [Master your 2025 EcoVadis assessment: Changes & tips to succeed](https://nexioprojects.com/webinars/master-your-2025-ecovadis-assessment-changes-tips-to-succeed/): 16th of January, 2025 | 4. 00 PM – 5. 00 PM Watch this special edition of our EcoVadis webinar... - [Expert insights to master your EcoVadis questionnaire](https://nexioprojects.com/webinars/expert-insights-to-master-your-ecovadis-questionnaire/): 13th of March, 2025 | 4. 00 PM – 5. 00 PM Watch the second episode of our EcoVadis webinar... - [CSRD Prep Series: Double Materiality](https://nexioprojects.com/webinars/csrd-prep-series-double-materiality/): On-demand webinar Join our webinar to explore the essential steps and best practices for conducting a Double Materiality Assessment (DMA).... - [Improving your EcoVadis score: Expert recommendations](https://nexioprojects.com/webinars/on-demand-webinar-improving-your-ecovadis-score-expert-recommendation-2/): On-demand webinar The second webinar in our EcoVadis series will cover best practices and insights on how to improve your... - [Navigating the risks of non-compliance](https://nexioprojects.com/webinars/navigating-the-risks-of-non-compliance-avoid-esg-penalties-in-2025/): 31 October 2024, 16:00 – 17:00 CET Join us for an engaging webinar on “Navigating the Risks of Non-Compliance: Avoid... - [Overcoming data challenges in decarbonisation](https://nexioprojects.com/webinars/overcoming-data-challenges-in-decarbonisation/): On-demand Are you ready to meet the climate disclosure requirements of CSRD and ESRS-E1? During our expert-led webinar, you will... - [Client journeys: EcoVadis best practices](https://nexioprojects.com/webinars/client-journeys-ecovadis-best-practices/): 3rd December, 2024 | 4. 00 PM – 5. 00 PM Join this special edition of our EcoVadis webinar series,... - [Why your organisation needs an EcoVadis assessment](https://nexioprojects.com/webinars/why-your-organisation-needs-an-ecovadis-assessment/): 14th November, 2024 | 4. 00 PM – 5. 00 PM In this episode, Eugeniusz Wyszyński, Senior Account Executive – Network... - [Understanding the EcoVadis assessment](https://nexioprojects.com/webinars/understanding-the-ecovadis-assessment/): On-demand The first webinar in our EcoVadis series will cover the technicalities of the EcoVadis methodology. You’ll learn how your... - [Navigating the CSRD: Insights for effective reporting](https://nexioprojects.com/webinars/navigating-the-csrd-insights-for-effective-reporting/): On-demand As organisations strive to meet the requirements of the Corporate Sustainability Reporting Directive (CSRD), the journey can be both... - [The CDP submission: Our client's story](https://nexioprojects.com/webinars/the-cdp-submission-our-client-story/): On-demand Join us for an insightful webinar featuring Nelipak, a healthcare packaging producer, as they share their journey through the... - [Achieving excellence: Client journey to EcoVadis Platinum](https://nexioprojects.com/webinars/achieving-excellence-client-journey-to-ecovadis-platinum/): On-demand In this webinar, two of our esteemed clients, TOSCA and CIRFOOD, from the packaging and food sectors share their... - [Connecting LCA and GHG emissions](https://nexioprojects.com/webinars/connecting-lca-and-ghg-emissions/): On-demand Are you looking to better prepare for compliance and voluntary reporting around your climate-related topics? Learn the connection between... - [CSRD in practice: Understanding EcoVadis linkages](https://nexioprojects.com/webinars/csrd-in-practice-understanding-ecovadis-linkages/): On-demand – Together with EcoVadis, we invite you to join this co-hosted webinar dedicated to sharing insights on the linkages... - [Your journey to becoming a B Corp](https://nexioprojects.com/webinars/your-journey-to-becoming-a-b-corp/): On-demand Together with B Lab, we invite you to join this co-hosted webinar dedicated to sharing insights on the process... - [Carbon data management 101: Scope 1, 2, & 3 accounting](https://nexioprojects.com/webinars/carbon-data-management-101-scope-1-2-and-3-accounting-2/): On-demand Watch our webinar to learn more about data management for carbon emissions. The topics discussed are: Below you can... - [What to expect for your 2024 CDP questionnaire](https://nexioprojects.com/webinars/what-to-expect-for-your-2024-cdp-questionnaire/): On-demand The new CDP Platform will be available starting in April 2024. Questionnaire submissions will be possible from the beginning... - [Double materiality assessment: From GRI to CSRD alignment](https://nexioprojects.com/webinars/double-materiality-assessment-from-gri-to-csrd-alignment/): On-demand Organisations are busy with double materiality assessments to identify impact, risk and opportunities (IRO). To get a better understanding... - [How to maintain your EcoVadis score in 2024](https://nexioprojects.com/webinars/how-to-maintain-your-ecovadis-score-in-2024/): On-demand EcoVadis launched new methodologies for its ranking which comes into effect this year. To assist organisations in maintaining and... - [CSRD Prep Series: Reporting on Governance-related Topics](https://nexioprojects.com/webinars/csrd-prep-series-reporting-on-governance-related-topics/): On-demand webinar Join our webinar to explore the essential steps and best practices for preparing for the next steps of... - [Demystifying the practicalities of the CSRD](https://nexioprojects.com/webinars/demystifying-the-practicalities-of-the-csrd/): On-demand In this webinar, our CSRD experts will take you through what reporting means in practice, drawing from their experience... - [The journey to CDP submission with Concept4](https://nexioprojects.com/webinars/the-journey-to-cdp-submission-with-concept4/): On-demand With the deadline for CDP submission getting closer, this session aims to share with you key learnings and recommendations... - [Free workshop: Sustainability Goal-Setting](https://nexioprojects.com/webinars/free-workshop-sustainability-goal-setting/): Access the free workshop Instead of just taking you through the process, in this workshop we’ll show you how to... - [ESG Reporting Landscape: Alignment & Key Differences](https://nexioprojects.com/webinars/esg-reporting-landscape-alignment-key-differences/): In the previous session, we discussed where we’re at in the ESG reporting landscape. Now, we are partnering up with... - [CSRD Prep Series: Circularity](https://nexioprojects.com/webinars/csrd-prep-series-circularity/): On-demand webinar Join our webinar to explore the essential steps and best practices for preparing for the next steps of... - [ESG Reporting Landscape: Where Are We Now?](https://nexioprojects.com/webinars/esg-reporting-landscape-where-are-we-now/): Our webinar calendar is filled with sustainability teachings, workshops and masterclasses to support your journey to becoming a more purpose-driven... --- ## Events - [Nexio Projects alumni event](https://nexioprojects.com/events/nexio-projects-alumni-event/): We’re excited to announce our upcoming Nexio Projects Alumni day, celebrating our milestones and our vision of “... in an... - [B Corps in South Holland meet-up](https://nexioprojects.com/events/b-corps-in-south-holland-meet-up/): B Corps Nexio Projects, Verstegen, and Salacia Solutions, in collaboration with B Lab Benelux, are working to establish B Local... - [Leaders in sustainability programme](https://nexioprojects.com/events/leaders-in-sustainability-programme/): If you’re a sustainability manager or director looking to elevate your expertise and become a world-class sustainability leader, our Leaders... - [Join us in LA for an interactive networking session](https://nexioprojects.com/events/join-us-in-la-for-an-interactive-networking-session/): We’re excited to host a special networking event in Los Angeles. Tim van Oijen, Global Sales leader at Nexio Projects,... - [EcoVadis World Tour, Nordics](https://nexioprojects.com/events/ecovadis-world-tour-nordics/): The EcoVadis World Tour 2024 – Nordics is part of a series of regional events organized around the world in... - [EcoVadis World Tour, UK & Benelux](https://nexioprojects.com/events/ecovadis-world-tour-uk-benelux/): The EcoVadis World Tour 2024 – UK & Benelux is part of a series of regional events organized around the... - [EcoVadis World Tour, Americas](https://nexioprojects.com/events/ecovadis-world-tour-uk-americas/): The EcoVadis World Tour 2024 – Americas is part of a series of regional events organized around the world in... --- ## News - [Nexio Projects named a Top Brand in Corporate Sustainability 2025 by EUPD Research](https://nexioprojects.com/news/nexio-projects-named-a-top-brand-in-corporate-sustainability-2025-by-eupd-research/): Nexio Projects is proud to announce its recognition as a Top Brand in Corporate Sustainability 2025 by the esteemed EUPD... - [Nexio Projects gets recognised as advisory leader in the 2024 Verdantix Report: Smart Innovators](https://nexioprojects.com/news/nexio-projects-gets-recognised-as-advisory-leader-in-the-2024-verdantix-report-smart-innovators/): Nexio Projects is honoured to be officially recognised as a leading provider of sustainability consulting in the latest report from... - [Nexio Projects releases third edition of its Impact Report](https://nexioprojects.com/news/nexio-projects-releases-third-edition-of-its-impact-report/): We're deeply grateful to our longstanding and new clients with whom we've built strong relationships and collaborations, pushing sustainability higher... - [Verdantix features Nexio Projects in report of top boutique ESG and sustainability services](https://nexioprojects.com/news/nexio-projects-top-esg-boutique-according-to-verdantix/): Nexio Projects has been named as one of the top boutique ESG and sustainability consultancies in Verdantix’s 2023 report Buyer’s... - [Growing with purpose with Torqx Capital Partners](https://nexioprojects.com/news/nexio-projects-top-esg-boutique-according-to-verdantix-2/): Nexio Projects, a rapidly growing international sustainability consultant and implementation specialist, enters into a partnership with Torqx Capital Partners. --- ## Knowledge centre --- ## Specialists - [Christelle Marais](https://nexioprojects.com/specialists/christelle-marais/): MBA, University of Stellenbosch, South Africa B. Sc. Food Science - [Liliia Kalimullina](https://nexioprojects.com/specialists/liliia-kalimullina/): Specialised in sustainability strategy, integration, and reporting, supply chain and stakeholder engagement MBA, Sustainable Disruption & Innovation, HEC Paris Ex-Schneider... - [Dora Cristian ](https://nexioprojects.com/specialists/dora-cristian/): Specialized in ESG Ratings, ESG regulations and reporting, EU Taxonomy, CSRD, ESG compliance, sustainability strategy and sustainable finance. Ex-PwC, Morningstar... - [Nadia Scheepens ](https://nexioprojects.com/specialists/nadia-scheepens/): Specialised in ESG assessments, EcoVadis, CSRD, reporting standards, sustainability strategy development and implementation. M. S. c. Environmental Sciences, Policy and... - [Ellen van der Linde ](https://nexioprojects.com/specialists/ellen-van-der-linde/): Specialised in carbon footprint analysis, decarbonisation trajectories, EcoVadis assessments and sustainability reporting. M. Sc. Bioscience Engineering – Environmental Technology (Ghent... - [Defne Yurddas](https://nexioprojects.com/specialists/defne-yurddas/): Specialised in digital marketing, content management, design and website optimisation. MSc Marketing Management, Rotterdam School of Management - [Teddy Dimitrova](https://nexioprojects.com/specialists/teddy-dimitrova/): Specialised in People & Culture, supporting start-ups and scale-ups with a people-first approach, mentoring leaders, and fostering transparent, growth-focused workplace... - [Branwen Tomos](https://nexioprojects.com/specialists/branwen-tomos/): Specialised in corporate and product carbon footprints, climate risk assessments and development of decarbonisation strategy. - [Aurora Benedetti](https://nexioprojects.com/specialists/aurora-benedetti/): Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex-Finch & Beak, Ex-Deloitte MSc... - [Blessie Rae Cañete](https://nexioprojects.com/specialists/blessie-rae-canete/): Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex-Deloitte - [Carolina Paes](https://nexioprojects.com/specialists/carolina-paes/): Specialised in corporate and product carbon footprints, climate risk assessments and development of decarbonisation strategy. Ex-Metabolic, Ex-Systemiq MSc, Ghent University,... - [Roman Rzycki](https://nexioprojects.com/specialists/roman-rzycki/): Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. M. Sc. Innovation and Global... - [Joy Stindt](https://nexioprojects.com/specialists/joy-stindt/): Specialised in corporate and product carbon footprints, climate risk assessments and development of decarbonisation strategy and sustainability reporting Ex-Holtara M.... - [Natalia Giannakouri](https://nexioprojects.com/specialists/natalia-giannakouri/): Specialised in people management and internal communications Ex-Erasmus University, MA International Communications, Hanze University - [Laura Blanc](https://nexioprojects.com/specialists/laura-blanc/): Specialised in Project Management M. S. c. (INSEEC) - [Romina Coral Andrade](https://nexioprojects.com/specialists/romina-coral-andrade/): Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. M. S. c Global Business... - [Emile Catillon](https://nexioprojects.com/specialists/emile-catillon/): Specialised in corporate and product carbon footprints, climate risk assessments and development of decarbonisation strategy. M. S. c. (Wageningen University... - [Ramech Muon](https://nexioprojects.com/specialists/ramech-muon/): Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. M. S. c. Social Science,... - [Rachit Paliwal](https://nexioprojects.com/specialists/rachit-paliwal/): Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex- Reducept MBA (Nyenrode University) - [Sophia Grotz](https://nexioprojects.com/specialists/sophia-grotz/): Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. M. S. c. Global Business... - [Luca Tucci-Berube](https://nexioprojects.com/specialists/luca-tucci-berube/): Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex-IUCN, M. S. c. Economics... - [Nada Afra](https://nexioprojects.com/specialists/nada-afra/): Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. M. S. c. International Development,... - [João Santos](https://nexioprojects.com/specialists/joao-santos/): M. S. c. (NOVA University Lisbon) - [Julia Moss](https://nexioprojects.com/specialists/julia-moss/): Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex-Patagonia, M. S. c. (RSM... - [Karst Nicolai](https://nexioprojects.com/specialists/karst-nicolai/): Specialised in business development and project management. M. S. c. (Rotterdam School of Management) - [Varsha Ram Balapa](https://nexioprojects.com/specialists/varsha-ram-balapa/): Specialised in corporate and product carbon footprints, climate risk assessments and development of decarbonisation strategy. M. S. c. Industrial Ecology,... - [Nicholas Biehl](https://nexioprojects.com/specialists/nicholas-biehl/): Specialised in business development and project management MBA, Rotterdam School of Management - [Sarah Priester](https://nexioprojects.com/specialists/sarah-priester-2/): Specialised in finance, accounting, M&A and corporate development Ex-Re:Coded, Bunzl and KPMG Chartered Accountant (ACA) - [Herman Grové](https://nexioprojects.com/specialists/herman-grove/): Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex-UNDESA M. S. c. International... - [Cilia Keser](https://nexioprojects.com/specialists/cilia-keser/): Specialised in people management and marketing within the sustainability field. Ex-Adidas, Columbia Sportswear & Accenture MSc in Marketing Management, RSM - [Tim van Oijen](https://nexioprojects.com/specialists/tim-van-oijen/): Specialised in business development and project management. Ex-Wortell & Magnet. me B. A. Economics, Rotterdam University of Applied Sciences - [Felix Keser](https://nexioprojects.com/specialists/felix-keser/): Specialised in operations, strategy development and project management. Ex-ARUP, Urban-X and Clinton Foundation M. P. A. , London School of... - [Zuzana Struharova](https://nexioprojects.com/specialists/zuzana-struharova/): Specialist in outsourced sustainability management, ESG assessments, reporting standards, sustainability strategy development and implementation. Coordinator of Nexio Projects’ internal sustainability... - [Stephanie Pragastis](https://nexioprojects.com/specialists/stephanie-pragastis/): Specialised in training and capacity-building projects, sustainability reporting standards and strategy development. Ex-GRI & Dalberg Media M. A. Leadership for... - [Jatin Budhraja](https://nexioprojects.com/specialists/jatin-budhraja/): Specialist in ESG regulation and reporting, including standard interpretation, gap analysis, materiality assessment, process set-up, data collation and consistency and... - [Marc Roodhuyzen de Vries](https://nexioprojects.com/specialists/marc-roodhuyzen-de-vries/): Specialised in business development, marketing and project management B. A Business Administration, Rotterdam University of Applied Sciences - [Ana Bittar](https://nexioprojects.com/specialists/ana-bittar/): Specialised in ESG assessments, EcoVadis, reporting frameworks and standards. Ex-Circular IQ M. S. c. (Tilburg University) - [Cesar Carreño-Chasin](https://nexioprojects.com/specialists/cesar-carreno-chasin/): Specialist in carbon strategy and advisory, including setting up monitoring, reporting and verification frameworks. Ex-TÜV Rheinland, Ex-ICLEI MSc (FH Trier) --- ## Testimonials --- ## Glossary - [Sustainable sourcing ](https://nexioprojects.com/glossary/sustainable-sourcing/): The integration of social, ethical and environmental considerations into supplier selection and procurement processes. Sustainable sourcing helps companies mitigate risks... - [United Nations Global Compact (UNGC) ](https://nexioprojects.com/glossary/united-nations-global-compact-ungc/): A voluntary initiative encouraging businesses to adopt sustainable and socially responsible practices. Participants commit to aligning their operations with ten... - [Value chain emissions (also known as Scope 3 emissions) ](https://nexioprojects.com/glossary/value-chain-emissions-also-known-as-scope-3-emissions/): Greenhouse gas (GHG) emissions that occur beyond a company’s direct operations, including both upstream emissions from suppliers (e. g. raw... - [1.5°C aligned  ](https://nexioprojects.com/glossary/1-5c-aligned/): A 1. 5°C-aligned organisation has set GHG emissions reduction targets and established climate change mitigation measures that are consistent with... - [Accuracy gap ](https://nexioprojects.com/glossary/accuracy-gap/): The difference between an organisation’s estimated GHG emissions levels and the volume of emissions it is responsible for in reality.... - [Activity data ](https://nexioprojects.com/glossary/activity-data/): A measure used in carbon accounting to specify the unit volume of a particular product or material purchased by a... - [Additionality ](https://nexioprojects.com/glossary/additionality/): A principle used in carbon accounting to evaluate carbon reduction or removal projects and a key criterion for carbon offset... - [Adverse climate outcome (ACO) ](https://nexioprojects.com/glossary/adverse-climate-outcome-aco/): A negative consequence resulting from an action or inaction that harms the climate or increases climate-related risks. This term is... - [Adverse social outcome (ASO)  ](https://nexioprojects.com/glossary/adverse-social-outcome-aso/): A negative consequence resulting from an action or inaction that harms society, human rights, or social well-being. ASOs are often... - [Base year ](https://nexioprojects.com/glossary/base-year/): A designated reference year against which an organisation measures changes in its environmental, social and governance (ESG) performance. In carbon... - [B Corp (Certified B Corporation) ](https://nexioprojects.com/glossary/b-corp-certified-b-corporation/): A business that has been certified by B Lab, an independent nonprofit, for meeting high standards of social and environmental... - [Renewable energy ](https://nexioprojects.com/glossary/renewable-energy/): Energy generated from naturally replenishing, non-fossil sources such as wind, solar, hydropower and biomass. Renewable energy sources are considered sustainable... - [Abatement measures ](https://nexioprojects.com/glossary/abatement-measures/): Methods for reducing (e. g. increasing energy efficiency), preventing (e. g. transitioning to renewable energy sources), or eliminating (e. g.... - [Partnership for Carbon Transparency (PACT)](https://nexioprojects.com/glossary/partnership-for-carbon-transparency-pact/): A global initiative led by the World Business Council for Sustainable Development (WBCSD) to improve transparency in Scope 3 emissions... - [Social responsibility ](https://nexioprojects.com/glossary/social-responsibility/): A company’s commitment to operating in a way that benefits society while minimising negative social and environmental impacts. In an... - [B Impact Assessment](https://nexioprojects.com/glossary/b-impact-assessment/): An assessment that evaluates a company’s impact across five key areas to determine its eligibility for B Corporation certification. These... - [Biochar ](https://nexioprojects.com/glossary/biochar/): A carbon-rich, charcoal-like substance produced through pyrolysis (thermal decomposition in a low-oxygen environment) of organic waste materials such as crop... - [Biodiversity](https://nexioprojects.com/glossary/biodiversity/): The variety and variability of life forms within a given ecosystem, habitat or the entire planet. High biodiversity arises from... - [Bio-oil](https://nexioprojects.com/glossary/bio-oil/): A carbon-rich liquid produced through pyrolysis (thermal decomposition in a low-oxygen environment) of biomass such as crop residues, forestry byproducts... - [Cap and trade](https://nexioprojects.com/glossary/cap-and-trade/): A market-based system designed to reduce greenhouse gas (GHG) emissions by setting a fixed limit (cap) on total allowable emissions.... - [Carbon accounting](https://nexioprojects.com/glossary/carbon-accounting/): The process of measuring, tracking and reporting the total greenhouse gas (GHG) emissions of an organisation, country or project, usually... - [Carbon capture and storage (CCS)/ Carbon capture usage and storage (CCUS) ](https://nexioprojects.com/glossary/carbon-capture-and-storage-ccs-carbon-capture-usage-and-storage-ccus/): A technology-driven process designed to capture, transport and either store or repurpose carbon dioxide (CO₂) emissions from industrial sources and... - [Carbon credits](https://nexioprojects.com/glossary/carbon-credits/): Tradable certificates representing the reduction or removal of one metric tonne of carbon dioxide (CO₂) or its equivalent in greenhouse... - [Carbon negative](https://nexioprojects.com/glossary/carbon-negative/): A business, organisation or activity is considered carbon negative (also known as climate positive) when it removes more carbon dioxide (CO₂) from the atmosphere... - [Carbon dioxide (CO₂)](https://nexioprojects.com/glossary/carbon-dioxide-co%e2%82%82/): A colourless, odourless gas that occurs naturally in the atmosphere and is also produced by human activities, such as fossil... - [Carbon dioxide equivalent (CO₂e)](https://nexioprojects.com/glossary/carbon-dioxide-equivalent-co%e2%82%82e/): A standardised unit used to compare the global warming potential (GWP) of different greenhouse gases (GHGs) by quantifying their impact... - [Carbon footprint ](https://nexioprojects.com/glossary/carbon-footprint/): The total amount of greenhouse gas (GHG) emissions, expressed in carbon dioxide equivalents (CO₂e), associated with a specific product, activity,... - [Carbon leakage ](https://nexioprojects.com/glossary/carbon-leakage/): The phenomenon in which the implementation of a carbon removal or emission reduction project leads to an increase in emissions... - [Carbon neutral](https://nexioprojects.com/glossary/carbon-neutral/): A business, organisation or activity is considered carbon neutral when it achieves a net-zero balance of greenhouse gas (GHG) emissions... - [Carbon neutral vs net zero](https://nexioprojects.com/glossary/carbon-neutral-vs-net-zero/): A company, organisation or activity is considered carbon neutral when it balances the total amount of carbon it emits from... - [Carbon pricing ](https://nexioprojects.com/glossary/carbon-pricing/): An economic mechanism that assigns a monetary cost to greenhouse gas (GHG) emissions, typically measured per metric tonne of carbon... - [Carbon sequestration ](https://nexioprojects.com/glossary/carbon-sequestration/): The process of capturing and storing carbon dioxide (CO₂) to prevent it from entering the atmosphere and contributing to climate... - [Carbon sink ](https://nexioprojects.com/glossary/carbon-sink/): A natural or artificial system that absorbs and stores more carbon dioxide (CO₂) than it releases, helping to reduce atmospheric... - [Carbon tax ](https://nexioprojects.com/glossary/carbon-tax/): A fee imposed on the carbon emissions generated as part of the production of goods and services. It is designed to reduce overall... - [Carbon Border Adjustment Mechanism (CBAM) ](https://nexioprojects.com/glossary/carbon-border-adjustment-mechanism-cbam/): A trade policy tool designed to prevent carbon leakage (the geographical dislocation of emissions) by applying a carbon price on... - [CDP reporting ](https://nexioprojects.com/glossary/cdp-reporting/): A global environmental reporting system that allows companies, cities, states and regions to disclose their environmental impact, particularly regarding climate... - [Circular economy ](https://nexioprojects.com/glossary/circular-economy/): The process of making adjustments to systems, practices and structures to minimise the negative impacts of climate change and capitalise... - [Climate change mitigation ](https://nexioprojects.com/glossary/climate-change-mitigation/): Efforts aimed at reducing or preventing the emission of greenhouse gases (GHGs) into the atmosphere to slow global warming and... - [Climate investment  ](https://nexioprojects.com/glossary/climate-investment/): Refers to financial contributions towards projects and initiatives that reduce, remove or prevent greenhouse gas (GHG) emissions. This includes carbon... - [Climate positive (or carbon negative) ](https://nexioprojects.com/glossary/climate-positive-or-carbon-negative/): A business, project or activity is considered climate positive (also referred to as carbon negative) if it removes more greenhouse... - [Climate risk ](https://nexioprojects.com/glossary/climate-risk/): The potential negative impacts of climate change on ecosystems, economies, businesses and society. There are two main categories of climate... - [COP (Conference of the Parties) ](https://nexioprojects.com/glossary/cop-conference-of-the-parties/): The annual United Nations climate summit where representatives from nearly every country gather to assess progress in tackling climate change.... - [Corporate Sustainability Reporting Directive (CSRD) ](https://nexioprojects.com/glossary/corporate-sustainability-reporting-directive-csrd/): A European Union regulation requiring companies to report on their climate and environmental impact. Adopted by the European Commission in November 2022, the... - [CSRD reporting software ](https://nexioprojects.com/glossary/csrd-reporting-software/): Digital tools that are designed to help companies comply with the Corporate Sustainability Reporting Directive (CSRD) by collecting, analysing and reporting sustainability data in... - [Corporate Sustainability Due Diligence Directive (CSDDD) ](https://nexioprojects.com/glossary/corporate-sustainability-due-diligence-directive-csddd/): The CSDDD is an EU regulation requiring companies to identify, prevent, mitigate and account for actual or potential adverse impacts... - [Decarbonisation (also known as carbon reduction) ](https://nexioprojects.com/glossary/decarbonisation-also-known-as-carbon-reduction/): The process of reducing or eliminating greenhouse gas (GHG) emissions produced by activities, companies, sectors or countries. This objective is... - [Direct air capture (DAC) ](https://nexioprojects.com/glossary/direct-air-capture-dac/): A technology-based process that captures carbon dioxide (CO₂) directly from the atmosphere. DAC systems use chemical processes to extract CO₂,... - [Double materiality  ](https://nexioprojects.com/glossary/double-materiality/): A concept in sustainability and ESG (environmental, social and governance) reporting that encompasses two dimensions of materiality: impact materiality, which... - [Double counting  ](https://nexioprojects.com/glossary/double-counting/): The practice of claiming the same carbon removal or climate investment more than once, either by selling the same carbon... - [Downstream emissions ](https://nexioprojects.com/glossary/downstream-emissions/): The greenhouse gas (GHG) emissions that occur after a company has sold its products or services. These emissions are generated... - [EcoVadis](https://nexioprojects.com/glossary/ecovadis/): A global platform that evaluates and rates companies based on their sustainability and ESG (environmental, social and governance) performance. The... - [The European Financial Reporting Advisory Group (EFRAG) ](https://nexioprojects.com/glossary/the-european-financial-reporting-advisory-group-efrag/): A private association established to provide technical advice and expertise on financial and sustainability reporting. It plays a crucial role... - [Embodied carbon (also referred to as embedded carbon or embodied energy) ](https://nexioprojects.com/glossary/embodied-carbon-also-referred-to-as-embedded-carbon-or-embodied-energy/): The total greenhouse gas (GHG) emissions associated with the entire lifecycle of a product or construction project, excluding operational emissions.... - [Emission factor ](https://nexioprojects.com/glossary/emission-factor/): A coefficient that represents the relationship between the amount of pollutant (such as greenhouse gases) produced and the activity responsible... - [Emissions trading (also known as cap and trade) ](https://nexioprojects.com/glossary/emissions-trading-also-known-as-cap-and-trade/): A market-based policy instrument that allows companies or governments to buy and sell allowances or credits that permit the emission... - [Environmental Product Declaration (EPD) ](https://nexioprojects.com/glossary/environmental-product-declaration-epd/): A standardised and verified declaration that communicates the environmental impacts of a product throughout its lifecycle, based on a product... - [ESG (environmental, social and governance)](https://nexioprojects.com/glossary/esg-environmental-social-and-governance/): A widely used framework for assessing the sustainability and ethical impact of organisations. In an environmental context, ESG refers to... - [EU Emissions Trading Scheme (EU ETS) ](https://nexioprojects.com/glossary/eu-emissions-trading-scheme-eu-ets/): A market-based policy tool aimed at reducing greenhouse gas (GHG) emissions across the European Union. It operates on a cap-and-trade... - [European Sustainability Reporting Standards (ESRS) ](https://nexioprojects.com/glossary/european-sustainability-reporting-standards-esrs/): A mandatory reporting framework that outlines the structure and disclosure requirements for companies subject to the Corporate Sustainability Reporting Directive... - [Fit for 55](https://nexioprojects.com/glossary/fit-for-55/): A package of legislative measures proposed by the European Union in 2021 aimed at reducing greenhouse gas (GHG) emissions by... - [Fugitive emissions ](https://nexioprojects.com/glossary/fugitive-emissions/): The unintentional release of gases and vapours from industrial processes, equipment or infrastructure that occur during the course of an... - [GHG Protocol ](https://nexioprojects.com/glossary/ghg-protocol/): Developed as a partnership between the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), the... - [GHG reporting ](https://nexioprojects.com/glossary/ghg-reporting/): The process of disclosing greenhouse gas (GHG) emissions data in a structured format, typically on a monthly, quarterly or annual... - [Greenhouse gas (GHG) ](https://nexioprojects.com/glossary/greenhouse-gas-ghg/): A gas that absorbs and emits radiant energy in the thermal infrared spectrum, trapping heat in the Earth’s atmosphere and... - [Greenwashing ](https://nexioprojects.com/glossary/greenwashing/): The practice of providing false, misleading or exaggerated claims about a company’s environmental impact, sustainability efforts or the environmental benefits... - [Gross zero target ](https://nexioprojects.com/glossary/gross-zero-target/): A commitment by a company to eliminate all greenhouse gas (GHG) emissions across its entire operations and value chain, without... - [GRI (Global Reporting Initiative) ](https://nexioprojects.com/glossary/gri-global-reporting-initiative/): An independent international organisation that develops widely used sustainability reporting standards. GRI provides frameworks, best practices and industry-specific guidance to... - [Hydrocarbons](https://nexioprojects.com/glossary/hydrocarbons/): Organic compounds consisting of hydrogen and carbon, primarily found in fossil fuels such as oil, natural gas and coal. In... - [Internal carbon pricing (ICP) ](https://nexioprojects.com/glossary/internal-carbon-pricing-icp/): A tool used by companies to assign a financial value to their greenhouse gas (GHG) emissions, integrating this cost into... - [Net negative ](https://nexioprojects.com/glossary/net-negative/): A state in which an organisation, company or country removes more greenhouse gas (GHG) emissions from the atmosphere than it... - [Inset/Insetting ](https://nexioprojects.com/glossary/inset-insetting/): The practice of investing in greenhouse gas (GHG) emissions reduction or removal projects within a company’s own value chain or... - [ISO 14001 ](https://nexioprojects.com/glossary/iso-14001/): An internationally recognised standard for environmental management systems (EMS), developed by the International Organisation for Standardisation (ISO). ISO 14001 provides... - [International Sustainability Standards Board (ISSB) ](https://nexioprojects.com/glossary/international-sustainability-standards-board-issb/): An independent organisation established at COP26 to develop global sustainability disclosure standards, ensuring consistency and comparability in corporate reporting. The... - [Just transition ](https://nexioprojects.com/glossary/just-transition/): A framework for ensuring a fair, inclusive and equitable shift towards a sustainable, low-carbon economy. Companies or organisations adopting a... - [Life cycle assessment (LCA) ](https://nexioprojects.com/glossary/life-cycle-assessment-lca/): A systematic method for evaluating the environmental impact of a product or service across all stages of its life cycle... - [Material topics ](https://nexioprojects.com/glossary/material-topics/): Key issues that have a significant impact on an organisation’s financial performance, operations or stakeholder relationships, particularly in the context... - [Mitigation measures ](https://nexioprojects.com/glossary/mitigation-measures/): Actions taken to reduce or prevent the negative environmental impact of an activity, project or business operation. These measures aim... - [Natural capital ](https://nexioprojects.com/glossary/natural-capital/): The stock of natural resources and ecosystems that provide essential goods and services to businesses, economies and societies. Natural capital... - [Net zero ](https://nexioprojects.com/glossary/net-zero/): A state in which the amount of greenhouse gases (GHGs) emitted into the atmosphere is balanced by an equivalent amount... - [Non-financial Reporting Directive (NFRD) ](https://nexioprojects.com/glossary/non-financial-reporting-directive-nfrd/): An EU legislative framework that requires large ‘public-interest entities’ (large listed companies, insurance companies and banks) with more than 500... - [Offset/offsetting ](https://nexioprojects.com/glossary/offset-offsetting/): The process by which a company, organisation, or individual compensates for their greenhouse gas (GHG) emissions by funding projects that... - [Offshoring ](https://nexioprojects.com/glossary/offshoring/): The practice of relocating business activities or outsourcing operations to another country, often to reduce costs or meet strategic objectives.... - [Paris Agreement ](https://nexioprojects.com/glossary/paris-agreement/): An international climate treaty adopted in 2015, committing participating countries to limit global warming to well below 2°C above pre-industrial... - [Product sustainability](https://nexioprojects.com/glossary/product-sustainability/): The environmental, social and economic impacts of a product throughout its entire lifecycle – from raw material extraction to production, use... - [Residual emissions ](https://nexioprojects.com/glossary/residual-emissions/): Greenhouse gas (GHG) emissions that remain after an entity has taken all reasonable steps to reduce its emissions across its... - [Sustainability Accounting Standards Board (SASB)](https://nexioprojects.com/glossary/sustainability-accounting-standards-board-sasb/): An organisation that develops industry-specific standards to guide businesses in disclosing material environmental, social and governance (ESG) information to investors.... - [Science-Based Targets initiative (SBTi) ](https://nexioprojects.com/glossary/science-based-targets-initiative-sbti/): A global initiative that helps companies establish greenhouse gas (GHG) reduction targets aligned with the latest climate science and the... - [Scope 1, 2 and 3 emissions](https://nexioprojects.com/glossary/scope-1-2-and-3-emissions/): Scope 1 emissions: Direct greenhouse gas emissions from sources owned or controlled by an entity, including emissions from fuel combustion,... - [The Sustainable Finance Disclosure Regulation (SFDR) ](https://nexioprojects.com/glossary/the-sustainable-finance-disclosure-regulation-sfdr/): An EU regulation requiring financial market participants and financial advisors to disclose sustainability-related information. It mandates transparency on how environmental,... - [Spend-based vs activity-based emissions ](https://nexioprojects.com/glossary/spend-based-vs-activity-based-emissions/): Spend-based emissions: A method of estimating emissions by using the monetary amount spent on goods and services, applying average emission... - [Strategic gap analysis ](https://nexioprojects.com/glossary/strategic-gap-analysis/): A process used by organisations to identify and assess the gap between their current environmental performance and the target performance... - [Supplier code of conduct ](https://nexioprojects.com/glossary/supplier-code-of-conduct/): A set of ethical, social and environmental standards established by a company or organisation for its suppliers to follow. It... - [Supply chain emissions (also known as upstream emissions) ](https://nexioprojects.com/glossary/supply-chain-emissions-also-known-as-upstream-emissions/): Emissions that occur at any stage in a company’s upstream supply chain, including those from raw material extraction, processing and... - [Supply chain transparency ](https://nexioprojects.com/glossary/supply-chain-transparency/): The extent to which a company has oversight of its supply chain, including understanding the environmental, social and economic impacts... - [Sustainability maturity ](https://nexioprojects.com/glossary/sustainability-maturity/): The level of progress an organisation has made in embedding sustainability principles into its strategy, operations and decision-making processes. Sustainability... - [Sustainability management ](https://nexioprojects.com/glossary/sustainability-management/): The process of integrating environmental, social and governance (ESG) factors into an organisation’s strategy, operations and decision-making processes to reduce... - [Sustainability risks ](https://nexioprojects.com/glossary/sustainability-risks/): Environmental, social or governance (ESG) events or conditions that may pose material financial or operational risks to a company, or... - [Sustainability strategy ](https://nexioprojects.com/glossary/sustainability-strategy/): A long-term, integrated plan that aligns an organisation’s operations, decision-making and business objectives with environmental, social and governance (ESG) considerations.... - [Sustainable Development Goals (SDGs) ](https://nexioprojects.com/glossary/sustainable-development-goals-sdgs/): A set of 17 global objectives adopted by the United Nations in 2015 as a framework for achieving sustainable economic,... - [Sustainable procurement policy ](https://nexioprojects.com/glossary/sustainable-procurement-policy/): A framework of principles and commitments guiding an organisation’s sourcing of goods and services to minimise environmental impact, uphold social... - [Target boundaries ](https://nexioprojects.com/glossary/target-boundaries/): The parameters a company defines when setting emissions reduction or net zero targets. These include the approach for establishing organisational... --- ## Videos - [Nexio Projects X CIRFOOD - Client stories](https://nexioprojects.com/video/nexio-projects-x-cirfood-client-stories/): Watch CIRFOOD Nederland general Manager Stefano Teatini talk about their collaboration with Nexio Projects. The longterm partnership focuses on their... - [Nexio Projects x PF Concept - Client stories](https://nexioprojects.com/video/nexio-projects-x-pf-concept-client-stories/): PF Concept VP of Sustainable Development, Anne Karine Lemstra talks about their collaboration with Nexio Projects on setting their sustainability... - [Nexio Projects x Found - Client stories](https://nexioprojects.com/video/nexio-projects-x-found-client-stories/): Managing Partner at Found, Allard van Heusden talks about their collaboration with Nexio Projects on becoming the lead retail agency... - [Nexio Projects x i-team Global - Client stories](https://nexioprojects.com/video/nexio-projects-x-i-team-global-client-success-stories/): Ron van de Ven, Global ESG Ambassador of i-team Global discusses how partnering with Nexio Projects helps them integrate sustainability... - [Nexio Projects x XD Connects - Client stories](https://nexioprojects.com/video/nexio-projects-x-xd-connects-client-stories/): XD Connects ESG Director, Joy Puor dives into their venture with Nexio Projects on measuring their sustainability impact through data... - [Climate series #4: Climate risk mapping](https://nexioprojects.com/video/climate-series-4-climate-risk-mapping/): What kind of risks does climate change pose to your business? From financial losses to supply chain disruptions, climate-related impacts... - [Climate series #3: Mandatory vs voluntary reporting of Scope 3](https://nexioprojects.com/video/climate-series-3-mandatory-vs-voluntary-reporting-of-scope-3/): In this episode, we explore how global climate policy—starting with the Paris Agreement and Europe’s Fit for 55 package—has shaped... - [Climate series #2: The rise of Scope 3 disclosure and reporting](https://nexioprojects.com/video/climate-series-2-the-rise-of-scope-3-disclosure-and-reporting/): In this second episode, we dive into one of the most complex yet crucial parts of your climate strategy—Scope 3... - [Climate series #1: How to navigate your climate strategy](https://nexioprojects.com/video/climate-series-1-how-to-navigate-your-climate-strategy/): In this opening episode, we explore how to build a credible climate strategy that goes beyond compliance and drives real... - [EcoVadis series #4: The journey towards platinum](https://nexioprojects.com/video/ecovadis-series-4-the-journey-towards-platinum/): In the final episode of our series, we focus on what comes after your EcoVadis assessment—improvement. Once you’ve received your... - [EcoVadis series #3: Aligning your sustainability management system with EcoVadis](https://nexioprojects.com/video/ecovadis-series-3-aligning-your-sustainability-management-system-with-ecovadis/): In the third episode of our EcoVadis series, we focus on how to align your sustainability management system with the... - [EcoVadis series #2: The EcoVadis assessment explained](https://nexioprojects.com/video/ecovadis-series-2-the-ecovadis-assessment-explained/): In this second episode of our EcoVadis series, we take a closer look at how the EcoVadis Assessment works in... - [EcoVadis series #1: Introduction to EcoVadis](https://nexioprojects.com/video/ecovadis-series-1-introduction-to-ecovadis/): Curious about EcoVadis and how it can support your business? This video introduces the fundamentals of the EcoVadis assessment—now the... - [Nexio Projects x LC Packaging - Client stories](https://nexioprojects.com/video/nexio-projects-x-lc-packaging-client-stories/): Watch LC Packaging head of sustainability Lotte Mastwijk explain their collaboration with Nexio Projects on their efforts in waste reduction.... --- # # Detailed Content ## Pages - Published: 2025-02-20 - Modified: 2025-02-20 - URL: https://nexioprojects.com/fr/termes-et-conditions/ - Tags: Français - : pll_wpml_793 1. Définitions Dans les présentes conditions générales, les termes suivants ont la signification qui leur est attribuée ci-dessous : Personnes affiliées : Toutes les personnes qui travaillent ou ont travaillé pour ou avec Nexio, y compris, mais sans s'y limiter, les employés et les directeurs actuels et anciens. Entente : Tout accord entre les parties obligeant Nexio à fournir des services au client ou à effectuer tout autre travail pour le client, y compris toute modification ou tout complément à cet accord, ainsi que tous les actes factuels et juridiques dans le cadre de la préparation et de l'exécution d'un tel accord, y compris les propositions de Nexio. Client : La personne avec laquelle Nexio a conclu un accord ou négocie à cet effet. Informations confidentielles : Toute information divulguée par une partie ("partie divulgatrice") à l'autre partie ("partie destinataire") dans le cadre de l'accord, quelle qu'en soit la forme. Les informations confidentielles excluent les informations qui (i) sont ou deviennent publiques sans violation de l'accord ; (ii) étaient légalement en possession de la partie destinataire avant leur divulgation ; (iii) sont développées indépendamment par la partie destinataire ; ou (iv) sont légalement obtenues d'un tiers sans obligation de confidentialité. Nexio : La société privée à responsabilité limitée Nexio Projects NL B. V. , ayant son siège social à Rotterdam, Pays-Bas, numéro de chambre de commerce 73779474, y compris ses successeurs légaux et ses sociétés affiliées. Partie : Nexio ou le client. Les parties : Nexio et le client collectivement. Personne : Toute personne physique ou morale ou société de personnes sans personnalité juridique. Produit du travail : Tout document, produit ou matériel élaboré par Nexio pour le client en rapport avec les services fournis dans le cadre de l'accord. 2. Général a. Les présentes conditions s'appliquent à tous les accords, à l'exclusion expresse des conditions du client. b. Les dérogations aux présentes conditions générales ne sont contraignantes que si elles font l'objet d'un accord écrit explicite. c. Toutes les dispositions des présentes conditions générales ont été établies non seulement pour Nexio, mais aussi pour les personnes suivantes, qui peuvent invoquer cette clause de tiers à tout moment : (i) les personnes affiliées, (ii) toutes les personnes engagées par Nexio dans l'exécution d'un contrat, et (iii) toutes les personnes pour lesquelles Nexio pourrait être responsable de ses actes ou de ses omissions. d. Si une disposition des présentes conditions générales ou de l'accord est déclarée nulle ou annulée, les autres dispositions restent pleinement applicables. Les dispositions nulles ou annulées sont remplacées par des dispositions valides qui se rapprochent le plus possible de l'intention et de l'objectif initiaux des présentes conditions générales et de l'accord. e. Nexio se réserve le droit de modifier les présentes conditions générales à tout moment. Le client est réputé avoir accepté ces modifications si aucune objection n'est soulevée dans les 14 jours suivant la réception des conditions modifiées. 3. Propositions et accords a. Toutes les propositions émises par Nexio sont sans engagement. Nexio se réserve le... --- - Published: 2025-02-20 - Modified: 2025-02-20 - URL: https://nexioprojects.com/fr/rechercher/ - Tags: Français - : pll_wpml_5000 document. addEventListener("DOMContentLoaded", function { const form = document. querySelector('form'); form. addEventListener("submit", function(event) { event. preventDefault; // Prevents the form from submitting });}); Search More results... --- - Published: 2025-02-20 - Modified: 2025-02-20 - URL: https://nexioprojects.com/fr/politique-de-confidentialite/ - Tags: Français - : pll_wpml_3 De qui traitons-nous les données à caractère personnel et comment obtenons-nous ces données ? Nous traitons les données personnelles de toute personne ayant eu un contact direct ou indirect avec Nexio Projects Group, comme les clients, les partenaires, les employés ou toute autre partie prenante. Nous obtenons les données directement de vous, lorsque vous visitez notre site web, créez un compte et remplissez certaines données ou lorsque vous nous contactez. Dans certains cas, nous recevons vos données de la part de tiers, mais uniquement lorsque vous autorisez ces derniers à partager certaines informations avec nous. Comment utilisons-nous vos données personnelles ? Catégories générales de données à caractère personnel que nous pouvons traiter : Données d'utilisation: Nous pouvons traiter des données relatives à votre utilisation de notre site web et de nos services. Ces données peuvent inclure votre adresse IP, votre localisation géographique, le type et la version de votre navigateur, votre système d'exploitation, la durée de votre visite, les pages vues et les chemins de navigation sur le site web, mais aussi des informations sur le moment, la fréquence et le modèle de votre utilisation des services. La source des données d'utilisation est notre système de suivi analytique. Nous traitons ces données dans le but d'analyser l'utilisation du site web et des services. Données nécessaires au traitement de votre commande: Si vous commandez quelque chose, nous avons besoin de certaines informations pour pouvoir livrer votre commande/projet et vous tenir informé de la livraison/du délai. De même, pour tout retour, nous avons besoin de ces informations. Pour ce faire, nous recueillons votre nom, votre adresse électronique, votre (vos) adresse(s) de livraison, vos coordonnées de paiement et votre numéro de téléphone. Ces données sont nécessaires pour conclure le contrat que vous avez passé avec nous (ou avec l'un de nos partenaires). Données relatives aux services: Nous pouvons traiter les données à caractère personnel que vous nous fournissez dans le cadre de l'utilisation de nos services. La source de ces données est vous ou votre employé. Ceci s'applique à nos clients et à toutes les autres parties prenantes auxquelles nous fournissons des services. Données relatives aux demandes de renseignements: Nous pouvons traiter les informations contenues dans toute demande que vous nous soumettez concernant nos produits et services. Données relatives aux relations avec les clients et au service clientèle: Nous pouvons traiter des informations relatives à nos relations avec les clients, y compris les coordonnées des clients. Vous pouvez nous contacter 24 heures sur 24, 7 jours sur 7. Vous pouvez nous appeler, nous envoyer un courriel ou un message via les médias sociaux. Nous vous aiderons dans les plus brefs délais. Les notes relatives au contact avec le client seront conservées aussi longtemps que vous serez un client actif. Nous avons une raison légitime de conserver ces données, par exemple pour améliorer nos services. Lorsque vous nous envoyez un message privé via les médias sociaux, votre message sera partagé avec le tiers par l'intermédiaire duquel vous nous avez envoyé le message (par exemple... --- - Published: 2025-02-20 - Modified: 2025-02-28 - URL: https://nexioprojects.com/fr/politique-des-cookies/ - Tags: Français - : pll_wpml_790 Introduction Nous nous engageons à protéger la vie privée des visiteurs de notre site web et des utilisateurs de nos services. Cette politique s'applique lorsque nous agissons en tant que responsable du traitement des données à caractère personnel des visiteurs de notre site web et des utilisateurs de nos services ; en d'autres termes, lorsque nous déterminons les finalités et les moyens du traitement de ces données à caractère personnel. Nous utilisons des cookies sur notre site web. Dans la mesure où ces cookies ne sont pas strictement nécessaires à la fourniture de notre site web, nous vous demanderons de consentir à leur utilisation lors de votre première visite sur notre site web. En outre, vous pouvez désactiver ou bloquer les cookies en modifiant les paramètres de votre navigateur Web. Notre site web comprend des contrôles de confidentialité qui influencent la manière dont nous traitons vos données personnelles. En utilisant les contrôles de confidentialité, vous pouvez préciser si vous souhaitez recevoir des communications de marketing direct et limiter la publication de vos informations. Dans la présente politique, "nous", "notre" et "nos" se réfèrent à Nexio Projects situé à Schiekade 10A, Rotterdam 3032AJ, Pays-Bas. À propos des cookies Un cookie est un fichier contenant un identifiant (une chaîne de lettres et de chiffres) qui est envoyé par un serveur web à un navigateur web. Le navigateur stocke le message dans un fichier texte. Le message est ensuite renvoyé au serveur chaque fois que le navigateur demande une page au serveur. Les cookies peuvent être des cookies "persistants", des cookies "de session" ou des cookies "tiers". Le cookie persistant, également appelé cookie permanent ou cookie stocké, est un cookie qui est stocké sur votre disque dur jusqu'à son expiration (les cookies persistants sont assortis de dates d'expiration) ou jusqu'à ce que l'utilisateur supprime le cookie ; un cookie de session, quant à lui, expire à la fin de la session de l'utilisateur, lorsque le navigateur web est fermé. Les cookies tiers sont des cookies mis en place par un site web autre que celui sur lequel vous vous trouvez actuellement. Comme pour les cookies standard, les cookies tiers sont placés pour qu'un site puisse se souvenir de quelque chose à votre sujet à un moment ultérieur. Les cookies ne contiennent généralement pas d'informations permettant d'identifier personnellement un utilisateur, mais les informations personnelles que nous stockons à votre sujet peuvent être liées aux informations stockées dans les cookies et obtenues à partir de ceux-ci. Cookies que nous utilisons Nous utilisons à la fois des cookies de session et des cookies persistants sur le site web. Comment nous utilisons les cookies Les cookies ne contiennent aucune information permettant de vous identifier personnellement, mais les informations personnelles que nous stockons à votre sujet peuvent être liées, par nous, aux informations stockées dans les cookies et obtenues à partir de ceux-ci. Les cookies utilisés sur le site web comprennent les cookies strictement nécessaires à l'accès et à la navigation, les cookies qui suivent l'utilisation (cookies de... --- - Published: 2025-02-20 - Modified: 2025-02-20 - URL: https://nexioprojects.com/fr/code-de-conduite/ - Tags: Français - : pll_wpml_796 Chez Nexio Projects, nous nous engageons à favoriser un environnement qui promeut la diversité, le traitement équitable et le respect des autres. Les employés sont censés se traiter les uns les autres, ainsi que les clients et les partenaires, de manière honnête et respectueuse. Diversité et inclusion Chacun d'entre nous doit respecter la diversité, les talents et les capacités des autres. Nous définissons la "diversité" comme les traits/caractéristiques uniques de chaque individu, tels que la personnalité, l'appartenance ethnique, l'expérience professionnelle, l'âge, la religion, le sexe ou d'autres différences. Droits de l'Homme Il faut toujours être attentif à toute violation possible des droits de l'homme. Nos valeurs, notre code et notre implication dans la responsabilité sociale des entreprises soutiennent les principes contenus dans la Charte internationale des droits de l'homme des Nations unies et les principes fondamentaux et normes de travail de l'Organisation internationale du travail. Nous agissons dans le cadre des politiques suivantes Promouvoir un lieu de travail exempt de discrimination et de harcèlement ; Interdire le travail des enfants, le travail forcé et la traite des êtres humains ; Offrir des salaires, des avantages et d'autres conditions d'emploi justes et équitables, conformément à la législation locale ; Fournir des conditions de travail humaines et sûres ; Reconnaître le droit des travailleurs à la liberté d'association et à la négociation collective. Nous attendons de nos partenaires et clients qu'ils respectent ces principes ainsi que ceux mentionnés dans nos conditions générales. Lutte contre la discrimination Vous ne devez jamais faire de discrimination ou refuser l'égalité des chances. Chez Nexio, nous ne tolérons aucun signe de discrimination sur le lieu de travail en ce qui concerne la race, la couleur, l'appartenance ethnique, l'origine nationale, le sexe, l'identité sexuelle, l'orientation sexuelle, l'âge, la religion, le handicap ou tout autre statut protégé par la loi. Santé et sécurité Quel que soit l'endroit où vous travaillez, vous êtes censé donner la priorité à votre sécurité. Nous nous engageons à garantir la santé et la sécurité de tous nos employés, visiteurs, partenaires et communautés. Veillez à travailler en toute sécurité, que ce soit dans nos bureaux ou sur la route. L'éthique dans nos activités professionnelles Notre code exige de chacun d'entre nous qu'il prenne des décisions professionnelles éthiques et qu'il évite les conflits d'intérêts tels que la corruption et les pots-de-vin. Notre engagement en faveur de l'intégrité s'étend à toutes nos relations d'affaires et à tous nos partenariats. Lutte contre la corruption Vous devez respecter toutes les lois anti-corruption. La loi sur la corruption stipule qu'aucun employé ne doit jamais offrir, directement ou indirectement, une forme quelconque de cadeau, de divertissement ou d'argent : Obtenir ou conserver des affaires ; Influencer les décisions des entreprises ; S'assurer un avantage déloyal. Ces interdictions s'appliquent à nos activités commerciales et à toute personne agissant au nom de Nexio. Tous les paiements, cadeaux et divertissements offerts aux clients doivent être approuvés au préalable par la direction. Ces paiements doivent être bien consignés dans nos livres et registres. De plus,... --- - Published: 2024-10-25 - Modified: 2024-10-29 - URL: https://nexioprojects.com/search/ - Tags: English - : pll_wpml_5000 document. addEventListener("DOMContentLoaded", function { const form = document. querySelector('form'); form. addEventListener("submit", function(event) { event. preventDefault; // Prevents the form from submitting });}); Search More results... --- - Published: 2024-07-29 - Modified: 2024-09-10 - URL: https://nexioprojects.com/code-of-conduct/ - Tags: English - : pll_wpml_796 At Nexio Projects, we are committed to foster an environment that promotes diversity, fair treatment, and respect for others. Employees are expected to treat one another, clients and partners in an honest and respectful manner. Diversity and Inclusion Each of us must respect the diversity, talents and abilities of others. We define “diversity” as the unique traits/characteristics of every individual such as personality, ethnicity, work experience, age, religion, gender or other differences. Human Rights Always be alert to any possible human rights violation. Our Values, Code and implication in Corporate Social Responsibility support the principles contained in United Nation’s International Bill of Human Rights and the International Labor Organisation Fundamental Principles and Labor Standards. We operate under the policies that: Promote a workplace free of discrimination and harassment; Prohibit child labor, forced labor and human trafficking; Provide fair and equitable wages, benefits and other conditions of employment in accordance with local laws; Provide humane and safe working conditions; Recognise employees’ right to freedom of association and collective bargaining. We expect our partners and clients to uphold these principles as well as mentioned in our general terms and conditions. Anti-discrimination You should never discriminate or deny equal opportunity. At Nexio we do not tolerate any signs of discrimination at the workplace regarding race, color, ethnicity, national origin, gender, gender identity, sexual orientation, age, religion, disability or any other legally protected status. Health and Safety No matter where you are during your work, you are expected to put your safety first. We are committed to assure the health and safety of all our employees, visitors, partners and communities. Please make sure you work safely, whether at our offices or on the roadways. Ethics in Our Business Activities Our Code requires each of us to make ethical business decisions and to avoid conflicts of interest such as corruption and bribery. Our commitment to integrity extends to all of our business relationships and all our partnerships. Anti-bribery You must comply with all anti-bribery laws. The bribery law states that no employee should ever offer, directly or indirectly, any form of gift, entertainment to: Obtain or retain business; Influence business decisions; Secure an unfair advantage. These prohibitions apply to our business operations and to anyone acting on behalf of Nexio. All payments and gifts to, and entertainment of, customers must be pre-approved by management. These payments should be well recorded in our books and records. Additionally, business gifts must be lawful, authorized and appropriate. Anti-corruption Your business decisions should never be influenced by corruption. Corrupt activities with customers, government officials, or other third parties are strictly prohibited. In other words, corruption is an attempt to obtain a personal benefit or business advantage though improper or illegal activities. The following activities relate to corruption and are prohibited: bribery, extortion, kickbacks. We expect our partners and clients to uphold these principles as well as mentioned in our general terms and conditions. Fraud You should never compromise honesty and integrity by committing fraud. You commit fraud when you... --- - Published: 2024-07-29 - Modified: 2025-04-03 - URL: https://nexioprojects.com/cookie-policy/ - Tags: English - : pll_wpml_790 Introduction We are committed to safeguarding the privacy of our website visitors and service users. This policy applies where we are acting as data controller with respect to the personal data of our website visitors and service users; in other words, where we determine the purposes and means of the processing of that personal data. We use cookies on our website. If these cookies are not strictly necessary for our website to function, we will ask for your consent to use them when you first visit. Further, you can deactivate or block cookies by changing the settings within your Web Browser. Our website incorporates privacy controls which affect how we will process your personal data. By using the privacy controls, you can specify whether you would like to receive direct marketing communications and limit the publication of your information. In this policy, “we”, “us” and “our”, refer to Nexio Projects situated in Schiekade 10A, Rotterdam 3032AJ, The Netherlands. About cookies A cookie is a file containing an identifier (a string of letters and numbers) that is sent by a web server to a web browser. The browser stores the message in a text file. The message is then sent back to the server each time the browser requests a page from the server. Cookies may be “persistent” cookies, “session” cookies or “third-party” cookies. The persistent cookie, also called a permanent cookie, or a stored cookie, a cookie that is stored on your hard drive until it expires (persistent cookies are set with expiration dates) or until the user deletes the cookie. A session cookie will expire at the end of the user session when the web browser is closed. Third-party cookies are cookies that are set by a website other than the one you are currently on. As with standard cookies, third-party cookies are placed so that a site can remember something about you at a later time. Cookies do not typically contain any information that personally identifies a user, but personal information that we store about you may be linked to the information stored in and obtained from cookies. Cookies that we use We use both session cookies and persistent cookies on the website. How we use cookies Cookies do not contain any information that personally identifies you, but personal information that we store about you may be linked, by us, to the information stored in, and obtained from cookies. The cookies used on the website include those which are strictly necessary cookies for access and navigation, cookies that track usage (performance cookies), remember your choices (functionality cookies), and cookies that provide you with targeted content or advertising. We may use the information we obtain from your use of our cookies for the following purposes: to recognise your computer when you visit the website; to track you as you navigate the website, and to enable the use of any e-commerce facilities; to improve the website’s usability; to analyse the use of the website; in the administration of the website... --- - Published: 2024-07-29 - Modified: 2025-02-11 - URL: https://nexioprojects.com/terms-and-conditions/ - Tags: English - : pll_wpml_793 1. Definitions In these terms and conditions, the following terms shall have the meanings assigned to them below: Affiliated Persons: All Persons working or who have worked for or with Nexio, including but not limited to current and former employees and directors. Agreement: Any agreement between the Parties obligating Nexio to provide services to the Client or to perform any other work for the Client, including any amendments or supplements thereto, as well as all factual and legal acts in preparation and execution of such agreement, including proposals from Nexio. Client: The Person with whom Nexio has entered into an Agreement or is negotiating to this effect. Confidential Information: Any information disclosed by one Party ("Disclosing Party") to the other Party ("Receiving Party") under the Agreement, regardless of the form. Confidential Information excludes information that (i) is or becomes public knowledge without breach of the Agreement; (ii) was lawfully in the possession of the Receiving Party prior to disclosure; (iii) is independently developed by the Receiving Party; or (iv) is lawfully obtained from a third party without any obligation of confidentiality. Nexio: The private limited liability company Nexio Projects NL B. V. , having its registered office in Rotterdam, the Netherlands, Chamber of Commerce number 73779474, including its legal successors and affiliated companies. Party: Either Nexio or the Client. Parties: Nexio and the Client collectively. Person: Any natural or legal person or partnership without legal personality. Work Product: Any documents, products, or materials developed by Nexio for the Client in connection with services provided under the Agreement. 2. General a. These terms and conditions apply to all Agreements, with the express exclusion of the Client's terms and conditions. b. Deviations from these terms and conditions shall only be binding if explicitly agreed upon in writing. c. All provisions of these terms and conditions have been laid down not only for Nexio, but also for the following Persons, who may invoke this third-party clause at any time: (i) the Affiliated Persons, (ii) all Persons engaged by Nexio in the performance of an Agreement, and (iii) all Persons for whose acts or omissions Nexio could be liable. d. If any provision of these terms and conditions or the Agreement is declared null and void or is annulled, the remaining provisions shall remain in full effect. The void or annulled provisions shall be replaced by valid provisions that align as closely as possible with the original intent and purpose of these terms and conditions and the Agreement. e. Nexio reserves the right to amend these terms and conditions at any time. The Client shall be deemed to have accepted such amendments if no objections are raised within 14 days after receipt of the amended terms and conditions. 3. Proposals and agreements a. All proposals issued by Nexio are without obligation. Nexio reserves the right to withdraw a proposal within 3 working days after receiving the Client’s acceptance. b. An Agreement shall be deemed concluded when: (i) three working days have lapsed since Nexio... --- - Published: 2024-07-15 - Modified: 2025-04-03 - URL: https://nexioprojects.com/privacy-policy/ - Tags: English - : pll_wpml_3 From whom do we process personal data and how do we get this data? We process the personal data from anyone who has direct or indirect contact with Nexio Projects NL B. V. such as customers, partners, employees or any other stakeholders. We get the data directly from you, when you visit our website, create a customer account, fill in data and/or when you contact us. In some cases, we receive your data from third parties, but only when you authorise those parties to share certain information with us. How do we use your personal data? General categories of personal data that we may process: Usage data: We may collect and process data related to your use of our website and services. This data may include your IP address, geographical location, browser type and version, operating system, visit duration, page views, navigation paths, and patterns of service usage. We obtain this information through our analytics tracking system to analyze and improve website performance and user experience. Data to process your order: When you place an order, we collect certain information to process and fulfill your request, keep you updated on delivery timelines, and manage returns if necessary. This includes, but is not limited to, your name, email address, delivery address(es), payment details, and phone number. This data is essential to fulfilling our agreement (or with our partners). Enquiry data: We may process information contained in any enquiry you submit to us regarding our products and services. Customer relationship data and customer service: We may process information related to our customer relationship including customer contact information. You can contact us 24/7 via marketing@nexioprojects. com. We will help you in the shortest time possible. The notes about the customer contact will be kept as long as you are an active customer. We have a legitimate reason to retain this data such as improving our services. When you send us a private message via social media, your message will be shared with the third-party through which you send us the message (e. g. Facebook, LinkedIn). To ensure your data stays safe, always protect your accounts with strong passwords and keep these safe. We cannot prevent a data leak which happens due to your indiscretion. Customer relation data may also be collected for the purpose of managing our relationships with our customers, allow personalised communication with the customers, keeping records of the communication between us and our customers, promoting our products and services, (online) event registration or service delivery, optimize marketing strategy and improve customer acquisition efforts. Transaction data: We may process data related to transactions, including purchase of goods and services that you acquired with us. The transaction data may include your name, bank details and transaction details. We may share this data with third-parties (providers of transaction services which are our partners). Information for marketing: Through e-mail we can share valuable industry trends, (online) events, special promotions and news that we want to share with you. If you opted in to receiving... --- --- ## Posts - Published: 2025-06-27 - Modified: 2025-06-27 - URL: https://nexioprojects.com/mastering-cdps-essential-criteria-how-to-secure-a-stronger-score-in-2025/ - Categories: Uncategorized - Tags: Climate risk and CDP reporting - Tags: English “CDP is no longer just a data repository; it’s become judge and jury—if you miss even one essential criterion, your score is capped, no matter how much else you achieve. ” The CDP has evolved from a voluntary data repository into a global benchmark for environmental transparency and action. In 2024, CDP expanded a new game-changer: Essential criteria. For 2025, these requirements remain at the heart of the scoring methodology and understanding them is now the single most important factor in securing a strong CDP score. Companies worldwide are investing more time and resources than ever in their CDP disclosures. Even the most diligent organisations are seeing their scores capped or dropped—sometimes by multiple levels — if they miss just one essential criterion. Mastering the Essential Criteria is not optional; it’s the key to unlocking your full scoring potential and demonstrating true environmental leadership. What are CDP’s essential criteria? CDP’s Essential Criteria are a set of specific, non-negotiable requirements that organisations must meet at each scoring level—Disclosure (D), Awareness (C), Management (B), and Leadership (A). They apply to each theme (Climate Change, Water Security, Forests) and, crucially, to every scoring level—not just the top tier anymore.   Find more details in our video about essential criteria: If you fail to meet all Essential Criteria for a given level, your score is automatically capped at the previous level, regardless of your total points or achievements elsewhere. For example, a company could excel in most areas and still be held at Awareness (C) if it misses a single Management-level Essential Criterion.   “It’s black and white, all or nothing. If you don’t comply with the Essential Criteria of the level above, you will be capped at the previous level. ”  Why did CDP introduce essential criteria? CDP’s shift to Essential Criteria reflects a broader trend: aligning with global regulatory frameworks (CSRD, ISSB, TNFD), increasing data reliability, and raising the bar for environmental stewardship. The new approach aims to:  Ensure consistent, comparable disclosures across organisations and sectors Drive higher data quality and auditability Encourage companies to embed climate governance, risk management, and target-setting into core business strategy Facilitate benchmarking and comparability for investors, policymakers, and stakeholders How essential criteria affect your score The scoring “Gatekeeper” Essential Criteria act as a series of gates. You must pass each one to progress to the next scoring level. Here’s how it works:  Disclosure (D): Entry-level reporting; must answer all required questions. Awareness (C): Must meet all Awareness Essential Criteria (e. g. , process for identifying and managing risks, board-level accountability). Management (B): Must meet all Management Essential Criteria (e. g. , detailed risk assessment across the value chain, board oversight frequency). Leadership (A): Must meet all Leadership Essential Criteria (e. g. , 1. 5°C-aligned transition plan, third-party verification of emissions). If you miss even one essential criteria at any given level, you remain at the previous level—no exceptions.   In a nutshell: At the Awareness stage, companies must both have a process in place for identifying,... --- - Published: 2025-06-26 - Modified: 2025-06-26 - URL: https://nexioprojects.com/csrd-in-practice-insights-from-the-ecovadis-webinar-with-efrag-and-nexio-projects/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English On 3 June 2025, sustainability professionals from across Europe joined an in-depth webinar hosted by EcoVadis, featuring expert panellists from EFRAG, EcoVadis, and Nexio Projects. The session provided a timely exploration of the evolving Corporate Sustainability Reporting Directive (CSRD), practical guidance for companies at every stage of their reporting journey, and a live Q&A with some of the field’s leading voices. Setting the stage: Why CSRD matters  CSRD represents a fundamental shift in how companies approach sustainability, embedding it as a core pillar of business strategy, risk management, and long-term value creation. While the breadth and complexity of CSRD requirements can be challenging, the directive also presents significant opportunities for streamlining and positive impact, as highlighted in the webinar’s opening remarks.   Read our newest guide, helping you through ESG reporting in the Omnibus era.   EFRAG’s perspective: Clarity, simplification, and the road ahead  Dr Liad Ortar, Senior Technical Manager at EFRAG, provided a candid overview of the ongoing revision process for the European Sustainability Reporting Standards (ESRS). Dr Ortar outlined EFRAG’s commitment to simplification and reduction of reporting burdens, describing a rigorous process of engaging stakeholders, benchmarking, and public consultation. The revised ESRS draft is expected late-July. . Every aspect of the ESRS is under review, with a focus on retaining only those data points that deliver genuine value for companies and stakeholders.   Dr Ortar also highlighted the unique position of ESRS in the global landscape, noting its unparalleled regulatory reach and its role in shaping a common language for sustainability disclosures. While efforts to harmonise with frameworks such as GRI reporting standards and IFRS continue, understanding the nuances and leveraging them strategically remains essential for companies operating in this space.   Practical guidance from Nexio Projects: From Double Materiality to strategic advantage  A clear roadmap for organisations preparing for CSRD includes several foundational steps:  Double Materiality Assessment: This is the cornerstone of any CSRD journey. Not only is it a CSRD requirement, but it also provides a robust foundation for sustainability strategy, regardless of the reporting framework ultimately used. Recent data shows that nearly 80% of global sustainability reports now reference double materiality, underlining its growing importance beyond compliance.   Gap Analysis: Once the list of material topics is identified, organisations should assess their current management of material topics as defined by the ESRS, namely policies, actions, targets, and metrics.   Implementation: For each gap identified, companies should ensure that they have a clear roadmap for implementing policies, actions, and measurable targets.  .   Watch our on-demand video about DMA best practices.   CSRD preparation should be viewed not merely as a compliance exercise but as an opportunity to benchmark against peers, engage leadership, and embed sustainability into governance structures. Early adopters are already seeing benefits such as improved stakeholder engagement, risk mitigation, and enhanced environmental performance.   CSRD and EcoVadis: Building synergies for effective reporting  There is significant synergy between EcoVadis ratings and CSRD readiness. Organisations that have undergone EcoVadis assessments are often better prepared for... --- - Published: 2025-06-25 - Modified: 2025-06-25 - URL: https://nexioprojects.com/how-to-navigate-your-b-corp-recertification-deadlines-pathways-and-whats-next/ - Categories: Uncategorized - Tags: B Corp - Tags: English “Recertification isn’t just a checkbox—it’s your opportunity to prove your business is leading the way in credible, accountable sustainability. ”  As a follow-up to our deep dive on the new B Corp certification standards, this article helps you navigate the practical steps for your company’s recertification journey. With the new standards now in effect, understanding your specific pathway and deadlines is critical to maintaining your B Corp status—and your market credibility (1). Why recertification has changed  B Lab’s overhaul of the B Corp certification process responds to tougher regulatory demands, especially from the EU’s Empowering Consumers for the Green Transition (ECGT) directive. The new model replaces the old points-based system with phased, mandatory requirements across seven impact topics. This ensures every certified company demonstrates real, sustained impact—not just a one-time score.   Key drivers for these changes include:  Closing loopholes in the old system that allowed companies to offset weaknesses in one area with strengths in another. Aligning with regulatory frameworks like ECGT, which demand credible, externally verified sustainability claims. Raising the bar for what it means to be a B Corp, making certification a true mark of leadership and accountability. What’s different about recertification now?   No more points: Every company must now meet non-negotiable requirements in all seven impact areas, from climate action to justice, equity, diversity, and inclusion (JEDI). Phased compliance: You’ll need to meet “Year 0” requirements at recertification, with additional requirements at Year 3 and Year 5—ensuring continuous improvement. External verification: All B Impact Assessments are now handled by third-party reviewers, increasing rigour and credibility but also scrutiny and documentation needs (1). Regulatory alignment: Especially for B2C companies in the EU, compliance with the ECGT directive by September 2026 is non-negotiable—old certifications won’t be enough. Which recertification path applies to you?   Are you unsure about what is required for the next B Corp re-certification? Take our short survey to find out what is the next step, tailored to your organisation! Additionally, you can check the table below to find your pathway, based on your recertification window, company size, and whether you’re a B2C company in the EU.   What does this mean for your business?   Act early: If your recertification is due before June 30, 2025, you can still use the old standards, but you’ll need to prepare for the new model at your next cycle. Prepare for more rigour: Large enterprises and all companies recertifying after 2025 must meet stricter, externally verified requirements. B2C in the EU? The ECGT directive means you must be fully compliant with the new B Corp standards by September 27, 2026—regardless of your previous certification status. No more cherry-picking: Every company must meet minimum requirements in all seven impact areas. Continuous improvement is now built into the B Corp assessment journey. How Nexio Projects can help  Navigating these changes can be complex, but you don’t have to do it alone. As a long-standing B Corp and trusted advisor, Nexio Projects offers:  Readiness assessments for the new B Corp standards Multi-year compliance... --- - Published: 2025-06-24 - Modified: 2025-06-24 - URL: https://nexioprojects.com/sustainability-reporting-in-2025-whats-changed-and-how-to-lead/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English “2025 marks a new era for sustainability reporting - one defined by shifting regulations, digital transparency, and the expectation that companies lead with both ambition and accountability. ” The new rules of the game  Sustainability reporting has undergone a seismic shift. In 2025, it’s no longer a voluntary exercise or a marketing add-on. It’s a strategic, regulated process that shapes how companies are perceived by investors, customers, employees, and regulators. With the EU Corporate Sustainability Reporting Directive (CSRD), new climate disclosure rules in the US and Asia, and the rise of global standards like the ISSB’s IFRS S1 and S2, the bar for transparency and accountability has never been higher. Organisations are now expected to publish assured, digital, and comparable data on their environmental, social, and governance (ESG) performance. The focus has shifted from simply telling a sustainability story to proving real-world impact with evidence, clarity, and honesty.   Why 2025 is different: Regulation, digitalisation, and stakeholder trust  In previous years, companies could choose their reporting frameworks and focus areas. Today, regulatory requirements dictate not only what must be reported, but also how and when. Under the CSRD, for example, companies must conduct double materiality assessments, apply digital tagging to sustainability data, and obtain third-party assurance. Additionally, because the CSRD integrates sustainability disclosures into the annual management report, this non-financial data is now published alongside financial results—ensuring accessibility and verification by all stakeholders. It’s worth noting that under the European Commission’s 2025 Omnibus proposal, some of these requirements—such as the effective dates for certain companies and the volume of mandatory data points—are being postponed and simplified to reduce administrative burdens and allow more time for preparation. As a result, while the core principles of transparency and comparability remain, many entities will see delayed timelines and a streamlined set of reporting obligations. Digitalisation is also transforming reporting. Companies are expected to provide machine-readable data, use advanced ESG platforms for data management, and ensure their disclosures are audit-ready. This shift is helping to combat greenwashing, as regulators and stakeholders can now scrutinise claims more easily than ever before.   Building a 2025-ready sustainability report  1. Start with Double Materiality  The foundation of a credible sustainability report is a robust materiality assessment. Until now, companies typically relied on either financial materiality—focusing on how sustainability issues affect the business—or impact materiality, which considers the organisation’s effects on people and the planet. Under the CSRD, however, the norm is shifting toward a double materiality approach, which combines both perspectives. This dual lens ensures your report addresses what matters most to both your company and wider society.   A well-executed materiality assessment starts with understanding the broader ecosystem your organisation operates in. Engage a broad range of stakeholders—employees, suppliers, customers, investors, and communities—to identify and prioritise the most significant ESG issues. Materiality is not static; it should be revisited regularly as risks, regulations, and stakeholder expectations evolve.   Ørsted’s 2024 Annual Report presents a clear and effective Double Materiality Assessment (DMA), visualising material topics along the... --- - Published: 2025-06-23 - Modified: 2025-06-23 - URL: https://nexioprojects.com/building-resilient-sustainability-strategies-in-manufacturing-navigating-a-shifting-regulatory-landscape/ - Categories: Uncategorized - Tags: Sustainability strategy - Tags: English “Sustainability isn’t a sideline or a PR exercise. It’s a core business imperative, tied directly to reputation, risk, and the bottom line. ”  The manufacturing industry in 2025 is undergoing a rapid transformation, shaped by technological innovation, mounting climate pressures, and an increasingly complex regulatory environment (1). As companies grapple with rising raw material costs, supply chain disruptions, and the urgent need to reduce emissions, sustainability has moved from a peripheral concern to a central business imperative.   Manufacturers are now expected to not only deliver quality products efficiently but also to demonstrate their commitment to environmental and social responsibility. This shift is being driven by a combination of stakeholder expectations-customers, investors, and employees alike-and a wave of new regulations that demand greater transparency and accountability in everything from carbon emissions to supply chain practices. At the same time, digital transformation is unlocking new opportunities. The adoption of AI, advanced analytics, and automation is enabling manufacturers to optimise resource use, cut waste, and integrate circular economy principles into their operations. Those who embrace these changes are finding that sustainable practices can go hand-in-hand with increased agility, operational efficiency, and long-term profitability.   In this landscape, building a resilient sustainability strategy is no longer optional. It is the foundation for future growth, risk management, and market leadership. The following article explores how forward-thinking manufacturers are navigating these challenges and turning sustainability from a compliance exercise into a source of competitive advantage. The regulatory storm: Why Manufacturers must act now  Imagine a global chessboard where every move-whether it’s a new law in California, a reporting directive from Brussels, or a tariff in Washington-reshapes the rules of manufacturing. This is the reality facing today’s industry leaders. In the United States, regulations like the Uyghur Forced Labor Prevention Act and the SEC Climate Disclosure Rule are raising the bar for transparency and accountability. Meanwhile, the European Union’s Carbon Border Adjustment Mechanism and Corporate Sustainability Reporting Directive are redefining what it means to operate internationally. Read our newest CSRD guide about tackling ESG reporting in the uncertain times to find out more. But it’s not just governments setting the pace. Consumers are voting with their wallets-three out of four say they’ll stop buying from companies that mistreat workers or the environment. Employees, too, are seeking purpose, with 86% preferring to work for companies that prioritise ESG. Investors are scrutinising sustainability risks as never before, and the financial data is clear: companies with strong ESG ratings are more profitable, with a 92% correlation between medium-to-high ESG scores and profitability (2).   For manufacturers, the message is unmistakable. Sustainability isn’t a sideline or a PR exercise. It’s a core business imperative, tied directly to reputation, risk, and the bottom line.   Four pillars of resilient Manufacturing sustainability  So, how can manufacturers transform these challenges into opportunities? The webinar distilled the answer into four strategic pillars, each vital for building resilience in a shifting landscape.   1. Embracing a risk-based approach  The first step is to see sustainability... --- - Published: 2025-06-06 - Modified: 2025-06-11 - URL: https://nexioprojects.com/spreadsheets-vs-software-managing-climate-data-smarter/ - Categories: Uncategorized - Tags: Net zero and decarbonisation, Sustainability strategy - Tags: English "In the end, this isn’t a story about Excel vs. software. It’s about choosing the right tool for the job—and having the courage to evolve your systems when the stakes demand it. " As carbon reporting evolves from a "nice-to-have" to a regulatory requirement, sustainability and operations teams reevaluate their emissions tracking and management approaches. Whether preparing for compliance disclosure such as CSRD, voluntary like CDP and ecovadis or working to understand Scope 3 emissions, a crucial early decision is how you manage your carbon accounting process.   Thanks to its familiarity, flexibility, and cost-effectiveness, Excel has long been the go-to solution for many teams. However, as carbon accounting grows more complex and the stakes rise higher, the limitations of spreadsheet-based tools are becoming increasingly apparent.   A central question drives this discussion: Should you continue using trusty Excel, or is it time to invest in specialised carbon accounting software?   This blogpost will examine the technical differences between Excel and dedicated carbon accounting software platforms, helping you determine the right choice for your business.   Why carbon accounting needs more than just numbers Carbon accounting quantifies the greenhouse gas (GHG) emissions from an organisation’s activities. It includes direct emissions (Scope 1), indirect emissions from purchased energy (Scope 2), and indirect emissions from the value chain (Scope 3). Done right, it supports internal decision-making, risk management, and compliance with standards like the GHG Protocol, CSRD, SEC climate disclosure rules, and ISO 14064. But doing it right takes more than tracking emissions in a few cells.   The data needs to be accurate, traceable, and this is key: scalable across locations, suppliers, and years. That’s where the cracks in spreadsheet-based systems start to show.   The case for Excel: It’s familiar, flexible, and free (sort of) Let’s be fair: Excel gets a lot of things right. Most sustainability teams know how to use it, or at least, can find someone who does. It’s widely available, extremely flexible, and easy to prototype with. It might be the fastest way to get going if you’re a small company or starting your first GHG inventory.   And yes, with enough time and skill, you can build sophisticated carbon tracking models using Excel or Google Sheets. You can customise formulas, import emissions factors, and even simulate future scenarios. In theory, there's nothing you can’t do.   But that’s also the problem. Spreadsheets place the burden of governance, quality control, and traceability entirely on the user. One misplaced decimal or a broken formula can throw off your results, and you might not even notice. According to a study by Ray Panko at the University of Hawaii, up to 86% of spreadsheets contain errors. In carbon accounting, that’s not just a data quality issue. Although variances and minimal errors can and must be expected (recommended materiality of 5% according to ISO 14064), this becomes a reputational and compliance risk.   Add to that the version control chaos when multiple users are involved, limited ability to audit data... --- - Published: 2025-05-23 - Modified: 2025-05-26 - URL: https://nexioprojects.com/beyond-the-medal-navigating-your-2025-ecovadis-assessment-with-confidence/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English EcoVadis isn’t just a score-it’s a catalyst for real change, driving companies to embed sustainability into their DNA and lead the way in responsible business. ”  The EcoVadis assessment has become a global benchmark for sustainability performance, now spanning over 65,000 companies. As we move into 2025, the methodology and recognition system have evolved — raising the bar for transparency, documentation, and impact. Here’s what you need to know to stay ahead and make your next assessment count. What is EcoVadis and why does it matter?   EcoVadis is one of the world’s most comprehensive sustainability rating platforms, assessing organisations on environmental, social, ethical, and supply chain practices. Unlike many ESG ratings, EcoVadis bases its evaluation on thorough documentation analysis, ensuring transparency and credibility across the supply chain.   To fully grasp the strategic importance of EcoVadis, watch our four-part video series, that offers a comprehensive walkthrough of the EcoVadis journey. The first episode of the series provides a vast introduction to EcoVadis. Whether you’re a procurement or sustainability manager, or simply looking to enhance your company’s responsible practices, watch the episode below to build or strengthen your foundations. The EcoVadis assessment: Step-by-step  Registration Create your company profile, specifying business activity and contact details. This tailors the questionnaire to your industry, size, and geography.   Questionnaire Access your custom dashboard, complete the questionnaire, and upload supporting documents. The questionnaire is dynamic and may change annually based on updated criteria.   Expert Analysis EcoVadis specialists review your responses and evidence-typically within 6 to 8 weeks.   Results Receive a detailed scorecard summarising your overall and theme-specific scores, strengths, and improvement areas.   Recognition Depending on your performance, you may earn a badge or medal, reflecting your percentile ranking among all assessed companies.   Understanding the steps and requirements of the assessment is complex. Find out more about how the EcoVadis assessment works, and how to align your sustainability management system with EcoVadis through the next two episodes of our series below. What’s new for 2025?   To get further information and details about methodology changes, and how to successfully implement them in your ESG strategy, download our EcoVadis guide! Expert tips & best practices for 2025  1. Start early and monitor changes Open your questionnaire as soon as possible to identify new or changed criteria. Review EcoVadis’ quarterly methodology updates and adjust your evidence accordingly.   2. Prioritise coverage and verification Ensure certifications and training cover all relevant sites and employees. Attach certificates and provide clear metrics to demonstrate coverage. Use third-party assurance where possible for higher scores.   3. Elevate documentation quality Formalise policies and procedures, schedule regular reviews, and centralise document management. Ensure evidence is robust, dated, and directly addresses each criterion.   4. Align evidence with assessment scope Match documentation to the entity being assessed — group-level or subsidiary-and clarify applicability in your responses. Misalignment can cost valuable points. 5. Prepare for stricter scoring To achieve top marks, especially in policy and measure indicators, ensure your documentation includes specific targets (e. g. , Scope 1 and 2... --- - Published: 2025-05-21 - Modified: 2025-05-21 - URL: https://nexioprojects.com/ecovadis-2025-unpacked-your-top-questions-answered/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English As anticipation grows around the upcoming EcoVadis 2025 updates, many of you submitted thoughtful questions about what’s changing and how to best prepare. From updates to the assessment methodology to practical implementation tips, your questions covered a wide range of important topics. To make it easier to navigate, we’ve grouped the most frequently asked questions into key themes and provided clear, concise answers. Whether you're just beginning your sustainability journey or are already familiar with EcoVadis, this blog will help you stay informed and confident about the road ahead. Let’s dive into your top questions — and our expert answers. Policies & employee engagement  Is it necessary to obtain employee signatures or formal acknowledgment of company policies to achieve the highest score?   While not always mandatory, providing evidence that employees have received and acknowledged key policies (such as through signatures, digital confirmations, or training attendance records) strengthens your submission and can help achieve maximum points-especially for topics like Ethics and Labor & Human Rights. This demonstrates not just the existence of policies, but also their effective communication and implementation.   Scoring methodology & measures  How does the scoring for measures work? Is there a required number of measures per sub-theme, and how is the percentage of key sustainability issues addressed calculated?   To ensure meaningful reporting, there is a minimum requirement: companies must implement a certain number of measures across a defined number of activated criteria (also known as material topics). It is not necessary to have a measure for every possible sub-theme, but companies are expected to demonstrate coverage across the relevant issues identified in their assessment.   As a practical starting point, it is recommended that companies aim to have at least one relevant measure for each activated criterion. This approach is typically the most straightforward and effective in aligning with expectations.   For further clarity, please refer to Figure 1 / PCI’s measures and Figure 2 / EcoVadis scoring methodology for measures in the appendix, which provide a structured example of how measures are mapped to criteria and how coverage is evaluated. Theme overlap & scoring impact  If a question is relevant to multiple themes, does it impact the score for each theme independently?  Yes, if a question or piece of evidence applies to multiple themes (for example, a supplier code of conduct relevant to both Ethics and Sustainable Procurement), it is considered in the scoring of each relevant theme. Strong evidence in cross-cutting areas can positively influence several theme scores.   Applicability of questions  What should we do if the questionnaire includes questions not relevant to our industry?   If you encounter questions that do not apply to your business model or industry, use the clarification or comment function in the EcoVadis platform to explain why the question is not applicable. Provide a clear justification and, where possible, supporting documentation. EcoVadis may adjust or remove the question from your scoring if your rationale is accepted. If the questionnaire is open, companies should contact EcoVadis afterwards... --- - Published: 2025-05-20 - Modified: 2025-05-20 - URL: https://nexioprojects.com/providing-expert-guidance-to-support-coca-cola-hbc-in-their-ecovadis-success/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English Coca-Cola HBC is proud to be global industry leader in sustainability, with leading scores and rankings in ten of the most-recognised ESG ratings. In response to customers’ requests for an EcoVadis assessment, Coca-Cola HBC was looking for expert guidance to ensure its sustainability performance and leadership in the beverage industry were accurately represented in the final score.   Nexio Projects provided comprehensive support throughout the entire process – from initial preparation and data collection to the submission and appeal stages. Thanks to this end-to-end approach, Coca-Cola HBC achieved an EcoVadis Gold medal on its very first assessment. Coca-Cola HBC demonstrates that a company can have equally strong performance in financial results and in sustainability results. “Nexio Projects helped us to understand the EcoVadis rating methodology, interpret the requirements in a proper manner and complete the questionnaire in a way that reflects our efforts in addressing global sustainability issues and our policies, processes and actions. ”  Yana Yordanova, Sustainability Reporting Specialist at Coca-Cola HBC Read on to discover how we enabled Coca-Cola HBC to secure an EcoVadis Gold Medal and build a strong foundation for long-term success in future EcoVadis assessments. Showcasing Coca-Cola HBC’s sustainability progress Coca-Cola HBC (CCHBC),is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cole Company. CCHBC operates in 29 markets and creates value for its stakeholders by supporting the socio-economic development of the societies where it operates and builds a more positive environmental impact and that is integral to its future growth.   The company’s holistic approach to sustainability spans key areas including greenhouse gas emissions reduction, water stewardship, packaging and circularity, #YouthEmplowered, community investments. These support the company’s long-term commitment to responsible, sustainable growth. CCHBC also is proud of its transparency comprehensive reporting on environmental, social and governance (ESG) criteria. This is embodied in the company’s engagement with recognized reporting frameworks.   Indeed, the EcoVadis assessment is just one of many frameworks that Coca-Cola HBC uses to benchmark and communicate its sustainability performance. For example, the company was ranked as the world’s most sustainable beverage company in the 2024 Dow Jones Best-in-Class Index for the eighth time, it has been recognised by the double-A rating from CDP on climate and water in 2024. Coca-Cola HBC publishes a GRI-aligned and CSRD-compliant integrated annual report and has validated and approved by the SBTi NetZeroby40 emissions reduction target.   This well-established, data-driven approach to sustainability meant that Coca-Cola HBC already had nearly all the information required to complete the EcoVadis assessment – with robust initiatives in place across all assessment categories. The challenge was to ensure that the process was completed as efficiently as possible while accurately reflecting the company’s performance as per the specific requirements of EcoVadis methodology.   How we helped Coca-Cola HBC achieve EcoVadis Gold As a Platinum-rated EcoVadis partner, Nexio Projects brings both technical expertise and hands-on experience to support companies throughout the entire EcoVadis assessment process. Our collaboration with Coca-Cola HBC is a strong example of how a strategic, tailored... --- - Published: 2025-05-06 - Modified: 2025-05-09 - URL: https://nexioprojects.com/carbon-footprints-decoded-a-collaborative-approach-to-climate-action/ - Categories: Uncategorized - Tags: Net zero and decarbonisation, Sustainability procurement, Sustainability strategy - Tags: English In 2025, the demand from consumers for clarity and accountability on carbon emissions is only increasing. Data sharing is, therefore, crucial to enable companies to collaborate and innovate for a sustainable future. At Nexio Projects, we’ve found that more and more of our clients are interested in learning how they can transparently declare the impacts of their products. Last year, we worked with the PACT (Partnership for Carbon Transparency) initiative, alongside Unilever, to conduct bespoke life cycle assessment (LCA) models and product carbon footprints (PCFs) for several of Unilever’s suppliers. This blog reflects on the lessons learned from this journey, and how we can use these to champion further transparency in the future. Curious about our collaboration with PACT and Unilever? Watch the full webinar now!   Lesson #1: The vital role of primary and reliable data for transparency One of the main lessons was that transparency cannot happen without reliable data. During the project, we used the PACT Methodology to create product carbon footprints for Unilever suppliers’ products. This involved completing life cycle assessments (LCAs), with inventories based on primary data provided directly by suppliers. Data categories included energy use, material inputs and waste outputs from the manufacturing process. This experience highlighted why reliable primary data is essential for companies to make informed, data-driven decisions and effectively decarbonise their supply chains. This is because primary data enhances the accuracy and reliability of the PCFs produced and reported, ensuring that subsequent LCAs and carbon footprint assessments based on these PCFs are also more dependable.   The PACT Methodology aims to provide a standardised and comparable framework for calculating PCF data, and exchanging it securely between systems – prioritising the quality and accuracy of data. As LCA practitioners, it is therefore our duty to ensure that we maintain a high standard of data quality across the board, and to advocate for the transparent sharing of the background data that makes up the PCFs provided by suppliers.   Lesson #2: Accounting is key when navigating an evolving regulatory landscape  Another lesson we learned was the importance of accounting for the dynamic, changing climate regulatory landscape, where new standards, guidelines, and expectations are constantly emerging. For example, PCFs are essential for conducting accurate carbon footprint assessments that are aligned with the GHG Protocol standards, publishing EPDs and complying with upcoming CBAM regulations. A potential benefit of leveraging an initiative such as PACT for the calculation and exchange of PCF data is that it motivates users to ensure that PCFs are kept up to date, allowing organisations to stay ahead of regulatory changes. This underlines the point that there is always room to add to and improve the LCA models we build. Lesson #3: It is essential to embrace a holistic approach to environmental metrics Finally, it is important to remember that product carbon footprint is not the only metric we should use to measure environmental impact. While the PACT Methodology provides a robust basis for transparently calculating and reporting PCFs, it is crucial... --- - Published: 2025-05-01 - Modified: 2025-05-01 - URL: https://nexioprojects.com/supplier-engagement-a-step-by-step-guidance-for-mid-market-and-large-organisations/ - Categories: Uncategorized - Tags: Outsourced sustainability management, Sustainability procurement, Sustainability strategy - Tags: English “Through collaborative supplier engagement, businesses can unlock new efficiencies, reduce emissions, and build resilient supply chains. ”  Mid-market enterprises (MMEs) and large organisations are powerful engines of economic growth and stability. MMEs, positioned between small businesses and large corporations, often punch above their weight-driving innovation, generating substantial employment, and contributing significantly to GDP. Large organisations, meanwhile, wield significant influence through their vast supply chains. Yet, both face unique challenges in embedding sustainability. For MMEs, supplier engagement is a strategic opportunity to drive innovation and build resilience despite resource constraints. For large organisations, it’s about leveraging scale to enforce change and meet ambitious climate targets. With supply chain emissions accounting for approximately 92% of a company’s total greenhouse gas emissions in the US, engaging suppliers in sustainability efforts is critical for achieving meaningful progress on climate goals (1. U. S. EPA, 2023). This article provides a practical, five-step playbook tailored to both MMEs & large organisations, helping them prioritise, communicate, incentivise, collaborate, and monitor supplier engagement initiatives effectively. Why supplier engagement matters for MMEs & large organisations MMEs (100–500 employees in the EU; 500–1,500 in the US) are large enough to influence their supply chains but often lack the scale or resources of multinational corporations. They can drive significant change by leveraging purchasing power and strategic relationships, but must do so efficiently. Large organisations, on the other hand, have the resources and scale to implement comprehensive supplier engagement programmes, but often face complexity and slower adaptability due to their size. As regulators and stakeholders demand more transparency, both MMEs and large organisations must step up their efforts-albeit with different approaches.   Different approaches: MMEs vs. large organisations The 5-Step framework for supplier engagement 1. Prioritise: Identify high-impact suppliers The first step in any supplier engagement programme is identifying which suppliers contribute most significantly to your environmental footprint. Using greenhouse gas (GHG) data can help you rank suppliers by their emissions intensity or their share of Scope 3 emissions. How to prioritise: Conduct a Scope 3 screening to identify suppliers responsible for the majority of your emissions. Use spend-based analysis as a proxy if activity data is unavailable for certain suppliers. Focus on suppliers that cumulatively account for at least 67% of your total Scope 3 emissions, as recommended by the Science-Based Targets initiative (SBTi). 2. Communicate: Share Climate goals and resources Once high-impact suppliers are identified, clear communication is essential. Suppliers need to understand your sustainability objectives and how they align with broader industry standards like CDP (Carbon Disclosure Project) or SBTi-aligned targets. Best practices: Host virtual town halls or webinars to explain your climate goals and expectations. Provide resources such as training programmes or case studies that demonstrate successful decarbonisation efforts. Ensure ongoing communication through dedicated procurement teams who can address supplier questions and concerns. 3. Incentivise: Reward sustainable practices Incentives can motivate suppliers to adopt sustainable practices more quickly. Offering preferential terms or public recognition can go a long way in fostering collaboration. Examples of incentives: Preferential payment terms... --- - Published: 2025-04-29 - Modified: 2025-04-30 - URL: https://nexioprojects.com/navigating-the-cdp-2025-disclosure-cycle-updates-timelines-and-tips/ - Categories: Uncategorized - Tags: Climate risk and CDP reporting - Tags: English “CDP’s 2025 questionnaire brings only minor refinements, but these targeted updates are designed to improve clarity, usability and alignment with global standards – making it essential for companies to stay informed and prepared. ”  The CDP 2025 disclosure cycle is now underway, bringing a series of minor but meaningful updates to the corporate questionnaire and reporting process. While the overall structure remains stable following the major integrations of 2024, this year’s refinements are focused on improving clarity, usability and alignment with leading global frameworks. For companies looking to maintain or enhance their environmental reporting, understanding these changes and the updated timeline is crucial.   What’s changed in CDP 2025?   Minimal structural changes, maximum clarity  The 2025 CDP corporate questionnaire maintains the streamlined, integrated approach introduced last year, combining climate change, forests, water security, plastics and biodiversity into a single, holistic framework. Most data points and question formats remain consistent, ensuring continuity for disclosers. However, several modules feature targeted refinements to enhance guidance and remove ambiguities.   Key module updates at a glance Module 1 (Introduction): Currency reporting is now mandatory, and new guidance clarifies how to report boundaries when they differ from financial statements. Additional clarifications include portfolio valuation and embedded soy volume calculations.   Module 2 (Dependencies, Impacts, Risks & Opportunities): Technical fixes and clearer guidance, especially for supplier tier selection.   Module 3 (Risks & Opportunities): Minor edits to dropdown lists and improved relevance for financial services.   Module 4 (Governance): Duplicate response options removed, with updated guidance for better alignment and clarity.   Module 5 (Business Strategy): New guidance clarifies that CDP responses can serve as evidence of a transition plan, with updates to key definitions and scenario analysis requirements.   Module 7 (Climate Change): Improved guidance on energy-related questions and easier attachment of verification documents, plus updates to align with the Integrity Council for the Voluntary Carbon Market (ICVCM).   Modules 8–11 (Forests, Water, Plastics, Biodiversity): Minor refinements to definitions, dropdowns and guidance, with a continued focus on clarity and usability.   Modules 12–13 (Financial Services, Sign Off): Minimal changes, mainly to improve definitions and conditional logic.    Companies are assigned questions on climate change, biodiversity and plastics by default, while forests and water modules are triggered based on sector relevance, authority requests or self-assessment. Organisations can also opt in to report on additional themes if desired.   Scoring methodology  CDP will continue to score companies individually for climate change, forests and water security in 2025. Plastics and biodiversity remain unscored, but companies are encouraged to collect and report data on these issues.   CDP 2025 disclosure timeline  Staying on top of key dates is essential for a successful disclosure:  Translated versions of the questionnaire and guidance will be available from May, supporting wider participation.   Strategic implications for companies Alignment with global frameworks The 2025 updates further align CDP reporting with ESRS (EU Sustainability Reporting Standards) and IFRS S2, enabling companies to leverage their disclosures across multiple regulatory requirements and investor expectations.   Transition plans and verification  Companies are encouraged to integrate... --- - Published: 2025-04-25 - Modified: 2025-04-25 - URL: https://nexioprojects.com/navigating-the-new-b-corp-certification-what-has-changed-and-why-it-matters/ - Categories: Uncategorized - Tags: B Corp - Tags: English Why B Lab changed the standards  On 8 April 2025, B Lab launched the sixth—and most significant—iteration of the B Corp standards. This overhaul responds to growing regulatory demands, especially the EU’s Empowering Consumers for the Green Transition (ECGT) directive, and addresses criticism that the previous self-assessment and points-based model was too flexible and not rigorous enough for today’s sustainability landscape.   The new standards are designed to:  Ensure compliance with evolving regulations (like the ECGT directive) Provide a clear, credible pathway for businesses to demonstrate genuine impact Eliminate loopholes that allowed companies to offset weaknesses in one area with strengths in another What has changed: From points to progress  Phased certification and continuous improvement  The old system required companies to score 80 points on the B Impact Assessment (BIA). Under the new model, there are no points. Instead, companies must meet a set of “Year 0” sub-requirements to achieve certification, then progress to additional requirements in Year 3 and Year 5. Ongoing improvements are mandatory—no more “set-and-forget” recertification.   What this means: Businesses must now create multi-year roadmaps, focusing on continuous, measurable progress rather than ticking boxes for a one-off score.   Deadlines and transition paths  SMEs recertifying in 2025 must submit under the old standards (version 6) by 30 June 2025. SMEs recertifying in 2026 get a 12-month extension, but must transition to the new standards. EU B2C companies should align with the ECGT directive by September 2026—old certifications won’t comply. Large enterprises must recertify under the new standards after January 2026. What this means: Delaying transition could jeopardise market access, especially in the EU, where regulatory compliance is now non-negotiable.   Third-party certification  All B Corp assessments will now be handled externally to meet EU greenwashing regulations. This shift increases rigour and credibility, but may also mean longer timelines and more scrutiny.   What this means: External verification ensures greater trust in B Corp certification, but businesses should prepare for a more thorough review process.   Mandatory impact topics: no more cherry-picking Companies must now meet standards across seven non-negotiable impact topics, rather than choosing high-scoring areas to offset weaker ones.   The seven new B Lab impact areas in detail  1. Purpose & Stakeholder governance  Companies must act in accordance with a defined purpose and embed stakeholder governance in decision-making. This means aligning the company’s mission with positive social and environmental impact, creating governance structures to monitor performance, and ensuring that oversight of purpose and sustainable business practices sits at the highest level. Regular stakeholder engagement and transparent communication about progress are required, moving away from shareholder primacy and towards accountability to all stakeholders—including workers, customers, communities, the environment, and shareholders.   2. Fair work Fair work requires companies to provide good quality jobs, ensure fair wages, and foster a positive workplace culture. This includes implementing fair wage practices, incorporating worker feedback into decision-making, and supporting employee well-being. Companies must also ensure that all workers experience dignity, respect, and opportunities for growth.   3. Justice, Equity,... --- - Published: 2025-04-14 - Modified: 2025-04-17 - URL: https://nexioprojects.com/leveraging-lca-insights/ - Categories: Uncategorized - Tags: Product sustainability - Tags: English "Life cycle assessments are a key tool to enable the implementation of circular economy strategies and achieve effective decarbonisation for electronics producers. " Electronics are integral to many areas of modern life, but their production, distribution and use have significant environmental impacts – from the mining and extraction of raw materials to the emissions associated with manufacturing and distribution. Indeed, with the growing demand for technology in both consumer and business applications, addressing the industry’s environmental footprint has never been more urgent.   However, achieving this requires a thorough understanding of how electronic products impact the environment throughout their life cycle. This makes life cycle assessment (LCA) an essential methodology for companies looking to implement circular economy principles and accelerate their decarbonisation strategy. Below, we explore how life cycle assessment can support improved product sustainability for electronics.   What are the challenges of life cycle assessment in the electronics industry?   Digital technologies are estimated to be responsible for between 1. 4% and 5. 9% of total global greenhouse gas (GHG) emissions,2 meaning that achieving net zero is a priority for many in the industry. However, measuring and reducing the environmental impact of electronics is particularly challenging due to three key factors:  Product complexity – electronic devices contain hundreds of different components, making it difficult and time-consuming to conduct a comprehensive life cycle assessment.   Material diversity – even everyday devices require a wide range of raw materials, including rare and precious metals from around the world.   Recycling challenges – many electronic components are difficult to recover and repurpose efficiently, exacerbating the industry’s carbon footprint.   By providing clarity on the source and scale of emissions and other environmental impacts throughout the electronics value chain, life cycle assessment is an essential tool for measuring and addressing the sector’s significant environmental impacts.   Life cycle assessment in action: The impact of a single smartphone  A typical smartphone contains a wide range of components, including processors, memory chips, sensors, cameras and displays. Each of these elements has its own complex supply chain and manufacturing process. To implement an effective decarbonisation strategy, companies must collect, analyse and act on LCA data to identify environmental impact hotspots and drive sustainable innovation. A comprehensive life cycle assessment will examine GHG emissions and other impacts across multiple product life cycle stages in addition to manufacturing, including:  Raw material extraction e. g. mining of silicon (for semiconductors), gold (for wiring), copper, aluminium and rare earth metals.   Alongside producing significant GHG emissions, mining is typically highly water-intensive, consuming large volumes for mineral separation and dust suppression. It can also contribute to land-use change and deforestation, particularly in tropical regions where rare metals are extracted. Other impacts include soil erosion, habitat destruction and chemical pollution from tailings and heavy metals that can contaminate nearby ecosystems and groundwater.   Supply chain emissions e. g. transportation of components to assembly facilities and distribution to stores and e-commerce customers.   Beyond direct carbon emissions from fuel combustion, global logistics can... --- - Published: 2025-04-09 - Modified: 2025-04-17 - URL: https://nexioprojects.com/the-hidden-value-in-decarbonisation-maximising-roi-through-strategic-action/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English "Decarbonisation isn't just about saving the planet—it's about future-proofing your business. The companies leading this charge aren't just reducing emissions; they're reaping substantial financial rewards. " The business imperative of decarbonisation Across Europe, forward-thinking companies are discovering that decarbonisation delivers measurable returns that extend far beyond environmental benefits. While the initial investment might seem daunting, the financial upside is becoming impossible to ignore. Consider these compelling statistics: Companies with strong decarbonisation strategies achieve 18% higher EBIT margins than their peers (1). The EU's Carbon Border Adjustment Mechanism will add €15-30 billion in costs to high-carbon imports by 2026 (2). 73% of European consumers now factor sustainability into purchasing decisions (3). At Nexio Projects, we've observed a clear pattern: businesses that treat decarbonisation as a strategic priority rather than just a compliance exercise consistently outperform their competitors. Yet many businesses remain hesitant, intimidated by upfront investments. This hesitation overlooks the four interconnected value streams that make decarbonisation a financial imperative: Operational efficiency Market differentiation Risk mitigation Talent & innovation Operational efficiency: Where emissions reduction meets cost savings Climate change is no longer a distant threat but a present operational reality. Companies delaying decarbonisation now face a perfect storm of regulatory penalties, supply chain vulnerabilities, and investor scrutiny. These converging pressures make operational decarbonisation both a defensive necessity and offensive opportunity. Forward-thinking organisations treat emissions reduction as a triple-value lever: cutting costs, future-proofing operations, and unlocking competitive advantage. For example, climate risk assessments frequently reveal that energy efficiency upgrades in manufacturing facilities simultaneously reduce both carbon footprints and operational expenses, with most projects paying for themselves within 3 years. Proactive companies are going further by geospatial mapping their facilities against climate models, identifying which sites need flood-resistant retrofits or onsite renewables to ensure continuous production. This strategic approach transforms compliance into profit, as seen with Continental AG's 22% energy cost reduction through AI-driven optimisation—a system that also made their German plants resilient to energy price spikes during the 2022 crisis. Case Study: Heidelberg Materials' carbon-neutral cement plant Challenge: As the cement industry leader, Heidelberg Materials recognised the need to reduce emissions at one of their sites in response to environmental challenges and emissions targets. The company was keen to adopt innovative technologies and methods to tackle these challenges. Solution: Germany's leading cement producer transformed its operations by: Installing carbon capture technology (CCUS) at its Brevik plant Switching to alternative fuels and raw materials Implementing advanced process optimisation Results: A 50% reduction in CO₂ emissions was achieved while reaching €12 million in annual energy savings. The project paid for itself in under five years through operational efficiencies alone. Key Insight: Energy efficiency measures typically deliver payback periods of 2-5 years, with ongoing savings that directly improve bottom-line performance. Source: Heidelberg Materials - Sustainability Gaining competitive advantage through decarbonisation Decarbonisation is no longer just a compliance exercise—it is rapidly becoming a key market differentiator. As consumers, investors, and procurement teams increasingly prioritise sustainability, businesses that act early are positioning themselves as leaders in their... --- - Published: 2025-04-08 - Modified: 2025-04-22 - URL: https://nexioprojects.com/proposed-changes-in-the-sbti-net-zero-standard-version-2-0/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English “The climate crisis demands more than pledges – it requires businesses to back commitments with rapid, science-guided action. ”  The SBTi provides a globally recognised framework for setting science-based emissions reduction targets in line with climate science. Over 10,000 companies have now adopted SBTi-verified targets, demonstrating their commitment to aligning with the Paris Agreement and transitioning to a low-carbon economy.   The current Corporate Net-Zero Standard (Version 1. 2) faces challenges in addressing Scope 3 emissions data, offset reliance, and decarbonisation pacing. Therefore, the SBTi has released a draft of Version 2. 0 for public consultation, aiming to refine the framework with updated methodologies that align with the latest climate science and regulatory landscapes, ensuring greater clarity, inclusivity, and effectiveness for corporate climate action  Understanding the Science-Based Targets initiative (SBTi)  The SBTi, launched in 2015 through a collaboration between CDP, the UN Global Compact, the World Resources Institute (WRI), and WWF, provides a globally recognised framework for corporate climate action. Its mission is to align corporate decarbonisation strategies with the Paris Agreement’s 1. 5°C pathway by:  Defining science-based methodologies for emissions reduction  Validating corporate targets against climate science  Combating greenwashing through rigorous accountability measures  Over 10,000 companies have now adopted SBTi-verified targets, representing 92% of global GDP and 88% of emissions. The initiative’s growth reflects its role as the “gold standard” for credible climate planning.   The SBTi process: From commitment to accountability  Setting science-based targets involves six critical steps:  Why the Net-Zero Standard v2? Addressing emerging challenges  The proposed updates to the Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard Version 2 (V2) aim to address critical gaps in corporate climate action, ensuring that businesses align their strategies with the latest climate science. Below, we explore the key components of the framework, along with the proposed changes that make V2 more robust and actionable. The proposed revisions to the SBTi Net-Zero Standard respond to three critical gaps in corporate climate action:  1. Scope 3 complexity  Value chain emissions account for 70%+ of corporate footprints but remain underreported. The draft standard mandates Scope 3 targets for large companies while introducing flexible implementation pathways.   2. Offset reliance risks  Following controversies over low-quality carbon credits, V2 prohibits offsets for Scope 1-2 reductions and limits their use to 10% of Scope 3 emissions until 2030.   3. Decarbonisation pace  Current corporate trajectories delay 50% of required cuts until post-2030. V2 enforces front-loaded reductions, requiring 50% cuts by 2030 (vs. 2019 levels).  Additional drivers include tighter alignment with the EU’s Corporate Sustainability Reporting Directive (CSRD) and investor demands for standardised progress tracking.   Strategic implications: Preparing for V2 compliance  The transition to the Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard Version 2 (V2) represents a critical opportunity for businesses to align with evolving climate science and regulatory expectations. While the standard is still in the public consultation phase, companies should not delay action. Early preparation will not only ensure compliance but also position businesses as leaders in the global decarbonisation movement. Here’s... --- - Published: 2025-04-02 - Modified: 2025-04-02 - URL: https://nexioprojects.com/dma-learnings-and-best-practices/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English The Corporate Sustainability Reporting Directive (CSRD) and its core requirement, the Double Materiality Assessment (DMA), are more than just regulatory hurdles. They're opportunities to reshape your business strategy and build long-term resilience. How can you move beyond compliance and truly master DMA?   "Double Materiality isn't just about reporting; it's about seeing your business through the lens of both impact and opportunity, driving resilience and long-term value. " - Marc Roodhuyzen de Vries, CEO Nexio Projects  A robust Double Materiality Assessment (DMA) – identifying Impacts, Risks, and Opportunities (IROs) – is essential for effective CSRD reporting. Many organisations are finding it challenging to move beyond a superficial, tick-box approach. Nexio Projects offers practical strategies to transform your DMA into a tool for strategic advantage and sustainability leadership.   Rethinking double materiality  The DMA, as mandated by CSRD, assesses materiality through two lenses:  Impact Materiality (Inside-Out): The effect of your company's activities on people and the environment. Example: Energy consumption leads to GHG emissions.   Financial Materiality (Outside-In): How sustainability issues affect your company’s financial health.   Example: Carbon pricing policies impacting costs.   This ensures a holistic understanding of sustainability-related factors, driving informed decisions and reporting.   Proposed changes to CSRD  The CSRD and DMA are evolving. Keep abreast of proposed changes like the Omnibus proposal, which aims to alleviate the reporting burden on smaller companies. According to the proposed changes, the scope of entities required to report under CSRD would be narrowed, with Wave I focuses on listed companies with over 1000 employees (up from 500). There are also proposed simplified ESRS standards ( --- - Published: 2025-03-31 - Modified: 2025-04-17 - URL: https://nexioprojects.com/building-a-climate-resilient-esg-strategy-for-2025/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English "Climate resilience is not just about mitigating risks; it’s about unlocking opportunities for sustainable growth. "  The urgency of climate action in 2025  As we move further into 2025, the urgency of addressing climate change becomes ever more apparent. The scientific evidence is overwhelming, and the impacts of climate change – from extreme weather events to rising sea levels – are increasingly visible and disruptive. Businesses are no longer operating in a world where environmental concerns can be sidelined. They are now central to long-term value creation and risk management.   Stakeholders – including investors, customers, employees, and regulators – are intensifying their scrutiny of corporate environmental performance. Investors are increasingly incorporating ESG factors into their investment decisions, demanding greater transparency and accountability on climate-related issues. Customers are showing a growing preference for sustainable products and services, rewarding companies that demonstrate a genuine commitment to environmental stewardship. Employees, particularly younger generations, are seeking to work for organisations that align with their values and contribute to a sustainable future.   Against this backdrop, governments worldwide are enacting stricter environmental regulations, including carbon pricing mechanisms, emissions standards, and mandatory climate-related disclosures. 6 steps to build a climate-resilient ESG strategy The world is at a critical juncture where businesses must adapt to the realities of climate change and meet growing demands for transparency in their sustainability practices. Navigating the complexities of environmental regulations and achieving meaningful progress can be overwhelming without a clear roadmap. Therefore, let’s go through a 6-step process to build a climate-resilient ESG framework that aligns with global goals while driving business value.   Step 1: Set climate governance  Effective climate governance is the cornerstone of a successful ESG strategy. It involves establishing clear roles, responsibilities, and decision-making frameworks to oversee climate-related initiatives. This step ensures that sustainability is embedded at every level of the organization. Without robust governance, climate strategies risk being fragmented and ineffective. Governance creates accountability and fosters collaboration across departments.   Examples on how to implement:  Establish leadership in sustainability by forming a dedicated sustainability committee or appointing a Chief Sustainability Officer (CSO).   Integrate climate considerations into board-level discussions and decisions.   Develop policies that align with international standards like the Task Force on Climate-related Financial Disclosures (TCFD).   Our insight:  Governance frameworks should be tailored to the organisation's maturity level. For example, companies new to ESG planning may start with basic compliance structures. More advanced organisations can focus on embedding sustainability kpis into core business strategies. Learn more about governance integration here.   Step 2: Develop a GHG emissions inventory  A greenhouse gas (GHG) emissions inventory is the foundation for understanding your organization’s environmental impact. This step involves the question of how to measure carbon emissions across Scopes 1, 2, and 3 to identify hotspots and prioritize reduction efforts. You can’t manage what you don’t measure. A GHG inventory provides critical insights into where emissions are concentrated—whether in operations, supply chains, or product lifecycles.   Examples on to implement:  Use tools like Life Cycle... --- - Published: 2025-03-19 - Modified: 2025-04-17 - URL: https://nexioprojects.com/navigating-ecovadis-the-in-house-vs-consultant-debate/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English "The EcoVadis assessment provides a comprehensive framework for your company to demonstrate your sustainability practices, commitments and programs transparently. Leverage the rating and benchmarking to meet procurement requirements, identify improvement areas, and highlight leadership"  EcoVadis Journey: Self-assessment vs. expert guidance - Which is right for you? In today's business landscape, demonstrating a commitment to sustainability is crucial. EcoVadis, a leading provider of business sustainability ratings, has emerged as a vital tool for organisations seeking to enhance their sustainability practices. However, a common question arises: should you navigate the EcoVadis assessment process alone, or seek expert EcoVadis support?   Understanding the EcoVadis landscape  The EcoVadis assessment evaluates companies across four key pillars: environment, labour & human rights, ethics, and sustainable procurement. This comprehensive approach offers businesses a holistic view of their sustainability performance, identifying strengths and areas for improvement. The EcoVadis methodology focuses on policies, actions, and results, providing valuable insights that can shape strategic decision-making and drive continuous improvement in sustainability efforts.   Read more about how to prepare for your EcoVadis assessment here. The solo voyage: Tackling EcoVadis in-house  The appeal of managing the EcoVadis assessment internally often stems from a desire for cost control and leveraging existing in-house expertise. For some organisations, a DIY approach might seem the most logical and efficient route. However, it is essential to honestly assess your organisation's capabilities and resources before embarking on this solo voyage.   The choice to complete the EcoVadis assessment in-house can be driven by several factors:  Cost control: Managing the process internally can potentially reduce external consulting fees.   Leveraging existing knowledge: Companies with strong sustainability teams may feel confident in their ability to navigate the assessment.   Building internal capacity: The process of completing the EcoVadis assessment can serve as a valuable learning experience for your team.   Maintaining control: Some organisations prefer to keep sensitive information and processes in-house.   However, this path also comes with challenges:  Understanding the nuances: The EcoVadis methodology is complex and constantly evolving. Staying up-to-date requires significant time and effort.   Resource constraints: Gathering and organising the necessary documentation can be incredibly time-consuming, pulling resources away from other essential tasks.   Objectivity: Objectively assessing your own practices can be challenging, as internal biases may cloud your judgment.   Staying the Course: Keeping up with evolving sustainability standards requires constant vigilance and a proactive approach.   Essential tips for the solo EcoVadis adventurer Chart your course early: Start preparing at least 3-6 months before your assessment deadline. This allows ample time to gather necessary documentation, implement new initiatives, and address any gaps in your sustainability practices.   Assemble your team: Create a cross-functional team, involving representatives from various departments to ensure comprehensive coverage of all sustainability aspects. This collaborative approach can lead to more robust and integrated sustainability strategies.   Set a clear bearing: Ensure your policies address at least 67% of the key issues identified by EcoVadis for your industry. Well-documented policies demonstrate your commitment to sustainability and provide a foundation... --- - Published: 2025-03-14 - Modified: 2025-04-17 - URL: https://nexioprojects.com/b-corp-certification-the-development-of-a-key-sustainability-standard/ - Categories: Uncategorized - Tags: B Corp - Tags: English “B Corp certification is unique for its combination of assessment categories and its focus on sustainability beyond the product level. ”  Over the past decade and a half, the B Corp certification has grown from a niche label to a globally recognised badge of sustainability excellence. Read on to find out how it started, what makes it unique, and what the benefits are of becoming a B Corp.   B Corp certification is awarded to for-profit companies that meet high standards of social and environmental performance, accountability and transparency. These standards are set by the non-profit organisation B Lab and are used to thoroughly evaluate a company’s impact on its employees, customers, communities and the environment.   In fact, the ‘B’ in B Corp stands for ‘Benefit for all’1. This means that B Corps are set up to produce more than just a profit. Instead, they’re made to create value for all stakeholders. Therefore, for companies considering a B Corp assessment, understanding the history of B Lab and the B Corp certification is a key step on the path to B Corp success.   What are the origins of B Corp certification?   B Lab was founded in 2006 in Pennsylvania by entrepreneurs Jay Coen Gilbert, Bart Houlahan and Andrew Kassoy. Gilbert and Houlahan were the founders of the sports apparel company AND1, which they sold in 2005 before joining forces with college friend Kassoy. Their mission? To help companies put purpose at the heart of their strategy. The initiative was launched when the three signed a ‘Declaration of Interdependence’, a manifesto setting out their vision for a better way of doing business. 2 The first cohort of companies signed up to become B Corps in 2007, and the number of registered B Corps has grown steadily since the launch. One key milestone was the development of the B Impact Assessment (BIA) – a tool designed to help companies measure their performance across multiple governance, social impact and environmental categories.   A global vision for doing business with impact  By 2015, B Lab had certified more than 1,400 companies from over 40 countries, including brands that are now well-known for their sustainable practices, such as Ben & Jerry’s and Patagonia. By 2020, this figure had grown to over 3,500 companies in 70 countries, with B Corp certification recognised globally by consumers, investors and employees as a hallmark of commitment to sustainability management excellence.   As the B Corp movement has grown, the certification has become increasingly relevant. There are now more than 9,000 B Corps worldwide, ranging from small enterprises to large, multinational corporations. This expansion has coincided with a growing emphasis on environmental, social and governance (ESG) issues across the economy – with investors increasingly incorporating sustainability criteria into their decision-making. 3 4  How does B Corp certification differ from other sustainability ratings and certifications?   There are many sustainability certifications and ratings for companies to choose from, but what makes B Corp unique is both its comprehensiveness and... --- - Published: 2025-03-11 - Modified: 2025-04-17 - URL: https://nexioprojects.com/navigating-the-evolving-eu-esg-landscape-understanding-the-omnibus-package-and-its-potential-impact/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English The European Commission's recent unveiling of the Omnibus package on 26th February 2025 has initiated a new phase in the evolution of the EU's ESG regulatory landscape. This package proposes significant adjustments to key regulations, including the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD), the EU Taxonomy, and the Carbon Border Adjustment Mechanism (CBAM).   At Nexio Projects, we recognise that navigating such regulatory shifts requires a nuanced understanding of the implications and a proactive approach to adaptation. Our focus is on empowering businesses to not only comply with evolving requirements, but also to leverage sustainable practices for long-term value creation.   "The need for climate action is clearer than ever. Sustainability efforts go beyond compliance—they drive resilience, unlock competitive advantages, and ensure long-term growth. "  Background and context  The EU Omnibus proposal, unveiled in February 2025, represents a pivotal attempt to streamline sustainability regulations amidst mounting pressures from businesses and member states. Building on the Draghi Report and the Competitiveness Compass report published by the EU commission, which emphasised reducing regulatory barriers to bolster European innovation and economic resilience, the proposal seeks to simplify key frameworks like CSRD, CSDDD, CBAM and EU Taxonomy. This initiative responds to calls from countries like Germany and France for delays and scope reductions in reporting requirements, citing economic competitiveness concerns. However, it has sparked significant pushback from institutional investors who warn that these revisions risk undermining legal certainty, weakening sustainability disclosures, and jeopardising long-term investment aligned with the European Green Deal. Similar pushback has also been received from big corporates who have already invested significant time and resources to comply with the aforesaid legislations. What's changing? Key updates from the Omnibus package The stated aim of the Omnibus package is simplification, but it’s essential to understand the specific changes being proposed and how they might affect your business. Here’s a breakdown of the most significant updates:  CSRD scope reduction: A central proposal is to significantly reduce the scope of CSRD.   Companies with fewer than 1000 employees have been proposed to be excluded from CSRD requirements, aligning with the CSDDD requriements  These companies may use voluntary reporting standards, to be formulated based on existing Voluntary Standard for non-listed micro-, small- and medium-sized undertakings (“VSME”). Listed SME’s have also been excluded from the scope fo CSRD  For companies which are not in the Scope of CSRD, the requirements to supply the value chain information have also been proposed to be reationalised  It's been suggested that this shift presents smaller companies with an opportunity to strategically engage with sustainability reporting on a voluntary basis, giving them a competitive advantage. On the other hand, some believe this exclusion poses a risk of reduced transparency across certain value chains, thus impacting more robust sustainability efforts.   Deferred application: Reporting requirements for companies in the second waves of CSRD (filing in 2026) has been proposed to be deferred by two years (if they remain in scope under the new thresholds). There is sentiment... --- - Published: 2025-03-07 - Modified: 2025-04-17 - URL: https://nexioprojects.com/new-yorks-climate-challenge-getting-ready-for-disclosure-requirements/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English Over the past few years, New York introduced ambitious initiatives to reduce greenhouse gas (GHG) emissions and enhance environmental accountability. Building on this momentum, the state has recently reintroduced two significant climate disclosure bills: Senate Bill 3456 (the Climate Corporate Data Accountability Act) and Senate Bill 3697 (the Climate-Related Financial Risk Reporting Bill). These bills, if passed, will require large corporations operating in New York to publicly disclose their full carbon inventories and climate-related financial risks. This new regulatory landscape represents a critical step in corporate climate accountability, compelling businesses to adopt rigorous reporting practices and align with global sustainability standards.   What are the New York climate disclosure bills?   The reintroduced bills aim to increase corporate transparency regarding emissions and climate-related financial risks.   Senate Bill 3456 (Climate Corporate Data Accountability Act): This bill requires public and private companies with annual revenues exceeding $1 billion and operating in New York to disclose their GHG emissions annually. The law aligns with the Greenhouse Gas Protocol standards, which are widely recognised as the global benchmark for emissions reporting.   Senate Bill 3697 (Climate-Related Financial Risk Reporting Bill): This bill applies to entities with annual revenues exceeding $500 million and operating in New York. It requires biennial reporting on climate-related financial risks, aligning disclosures with the Task Force on Climate-related Financial Disclosures (TCFD) framework.   Key reporting requirements  The bills mandate that companies report their emissions across three scopes and assess their climate-related financial risks:  Scope 1 emissions: Direct emissions from owned or controlled sources, such as company facilities or vehicles.   Scope 2 emissions: Indirect emissions from purchased electricity, steam, heating, or cooling used by the company.    Scope 3 emissions: Indirect emissions across the value chain, including those generated by suppliers, customers, and other third parties.  Of these, Scope 3 emissions are often the most challenging to measure due to their complexity and reliance on data from external stakeholders.   Climate-Related Financial Risks: Companies must assess and disclose the physical and transitional risks associated with climate change, including potential impacts on their operations, supply chains, and financial performance. These risks align with the Task Force on Climate-related Financial Disclosures (TCFD) framework.   Timeline for compliance  The bills introduce a phased timeline for compliance:  SB 3456 (Emissions Reporting):  2027: Companies must begin reporting Scope 1 and Scope 2 emissions for the fiscal year (FY) 2026 data.   2028: Scope 3 emissions reporting begins for the FY 2027 data.   SB 3697 (Financial Risk Reporting):  2028: Companies must begin biennial reporting on climate-related financial risks.   Third-Party assurance requirements  To ensure accuracy and credibility, companies must engage independent auditors to verify their reported emissions data following ISO 14064 as an internationally recognised standard. The specific assurance requirements may vary, but generally follow industry standards for emissions verification. The financial risk reporting may also require independent review or assessment.   Why New York's climate disclosure bills matter  New York's climate policies have a far-reaching impact, influencing both national and international approaches to environmental regulation. These bills represent... --- - Published: 2025-03-06 - Modified: 2025-04-17 - URL: https://nexioprojects.com/the-path-to-b-corp-certification-take-the-next-steps-on-your-sustainability-journey/ - Categories: Uncategorized - Tags: B Corp - Tags: English “The B Corp standards provide a reliable framework to assess your company’s sustainability maturity and identify the areas where investment and effort will yield the greatest benefits. ”  B Corp certification is one of the most widely recognised sustainability credentials that a company can achieve, demonstrating a consistent commitment to social and environmental progress. Read on for our guide to the evaluation process, including eligibility criteria and practical tips on how to complete the B Impact Assessment.   Looking for more information about the B Impact Assessment (BIA)? Check out our guide to the BIA.   What are the eligibility criteria for B Corp certification?   The founders of B Lab – the non-profit organisation behind B Corp certification – were all entrepreneurs before launching their industry-shaping initiative. Because they believed that businesses should play an active role alongside governments and non-profits in catalysing system-wide change, they focused on for-profit companies. This is why NGOs, charities and most government agencies aren’t eligible for B Corp certification. Although there are no restrictions on a company’s size or location for B Corp certification, there are some key eligibility criteria:  Full B Corp certification is only available to companies that have been in operation for at least 12 months. Startups and newer companies can instead apply for ‘Pending B Corp’ status by committing to the B Corp standards and integrating them into their operations and practices.   Multinational and public companies with extensive, multi-sector or international operations can also apply for B Corp certification, although they may face additional baseline requirements such as subsidiary-level reporting and a Disclosure Review process for controversial issues.   Companies directly involved in certain industries, as listed on the controversial issues page of the B Corp website, may not be eligible for B Corp certification. These include mining, casinos, fossil fuel and energy companies, pharmaceutical companies and water utilities. However, companies in some of these industries may be eligible for B Corp certification if certain conditions are met. In addition, companies with clients in one or more of these industries may be ineligible for B Corp certification. What is the process to achieve B Corp certification?   Seven steps to B Corp certification  Assemble your B Team  Register on the BIA portal  Gather data and documentation  Complete the BIA  Improve your BIA score if necessary  Evaluation and verification  Certification If your company is eligible for B Corp certification, a key first step is to build a team of internal stakeholders to coordinate your company’s efforts. Since the certification covers five ‘impact areas’ – governance, workers, community, environment and customers – it is important to have a range of functions represented.   You may want to include colleagues from finance, HR, legal, procurement, marketing and communications, and sustainability – as well as senior leadership. Once your team is in place, you are ready to register for the B Impact Assessment (BIA).   How does the B Impact Assessment work?   The BIA is a comprehensive online assessment tool that... --- - Published: 2025-03-03 - Modified: 2025-04-17 - URL: https://nexioprojects.com/behind-the-scenes-of-nexio-projects-annual-ecovadis-assessment/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English "Sustainability is a journey, not a destination. The EcoVadis assessment provides a structured framework for that journey, pushing us to continually improve and to truly understand the challenges our clients face. "  At Nexio Projects, our commitment to sustainability extends beyond our consultancy services. Since 2019, we have participated in the annual assessment, achieving the EcoVadis certification for Platinum status since 2021. This places us among the top 1% of companies assessed globally, a distinction we're immensely proud of. However, this yearly process is about more than maintaining our rating. It's about accountability, continuous learning, and refining our approach to guiding clients.   As sustainability consultants supporting organisations worldwide through their EcoVadis assessments, undergoing the process ourselves keeps us grounded in the realities of what success entails. It's a humbling yet empowering exercise that strengthens our expertise and enhances our ability to empathise with our clients' challenges.   Why we do it: A commitment to growth and transparency  The EcoVadis assessment is widely recognised as one of the world’s most comprehensive sustainability rating tools. For us, annual participation serves three key purposes:  Continuous improvement: The assessment guides organisations on their sustainability journey and pushes us to stay ahead of emerging standards and refine our practices year after year.   Walking the talk: Experiencing the process firsthand allows us to provide better guidance and tailored solutions to our clients.   Reinforcing accountability: It enables us to measure progress against our sustainability goals and ensure transparency in our operations.   Key lessons learned  Even with our years of experience and Platinum rating, each EcoVadis cycle brings new challenges and opportunities for growth. Over the years, we’ve refined our approach to improve efficiency, accuracy, and collaboration. Here are the key lessons we’ve learned, along with examples of the changes we’ve implemented:  Preparation is key:  Starting early has been a game-changer for us. A couple of years ago, we began preparing a few weeks before the assessment deadline. Now, we start at least four months in advance to review policies, KPIs, and documentation thoroughly. This extended timeline allows us to ensure that everything is updated and aligned with EcoVadis’ requirements. Additionally, we’ve developed a centralised data repository where all relevant documents are stored year-on-year. This ensures consistency and reduces the time spent searching for past submissions or evidence.   Best Practice Example: We map out a detailed project plan with clear milestones for document preparation, internal reviews, and final submission. This structured approach has significantly streamlined our process.   Collaboration drives success: The EcoVadis assessment requires input from multiple departments, from HR to procurement to leadership. We now assign specific roles to team members for tasks like data collection, document preparation, and submission reviews. Regular check-ins ensure alignment and accountability throughout the process.   Best Practice Example: We use a project management tool to track progress across departments and set internal deadlines for each task. This ensures that everyone knows their responsibilities and timelines.   Flexibility matters:  Real-world projects rarely go as planned, and overlapping priorities can create unexpected delays. For instance,... --- - Published: 2025-02-28 - Modified: 2025-04-17 - URL: https://nexioprojects.com/how-to-become-a-b-corp-a-closer-look-at-the-b-impact-assessment/ - Categories: Uncategorized - Tags: B Corp - Tags: English “The B Impact Assessment is a crucial step in B Corp certification, but it is also an invaluable tool for understanding, managing and improving your company’s impact and contribution to society. ” Want to learn more about the B Impact Assessment (BIA) and what you can do to prepare for it? Read on for a detailed look at this key assessment framework. What is the B Impact Assessment? The BIA is an evaluation tool used as part of the B Corp Certification process to measure your company’s social and environmental impact. It covers five ‘impact areas’: governance, workers, community, environment and customers. Taking a holistic approach, it assesses positive and negative impacts across your entire business rather than focusing only on specific products or operations. The assessment consists of 100 to 200 simple-to-answer questions. The questionnaire itself is dynamic and tailored to the size, location and sector of each company. To be eligible for B Corp certification, you need to score at least 80 out of a possible 250+ points. Careful preparation is, therefore, essential to accurately reflect your company’s sustainability maturity and demonstrate your progress. Looking for further insights about the path to B Corp certification? Read more here . What questions will I be asked in the B Impact Assessment? At the core of the B Corp approach is the idea of ‘stakeholder governance’. This means considering the interests of all stakeholders, not just shareholders, in decision-making. Based on this principle, the five impact areas of the B Impact Assessment include four key stakeholders – workers, community, environment and customers – in addition to the topic of governance.  This helps to provide a comprehensive view of your company’s performance. The weighting of each impact area will vary depending on the specifics of your company and sector, ensuring that the resulting BIA score reflects your context. There are two main question types: ‘operational’ questions, which relate to the day-to-day impact your company has on stakeholders, and ‘Impact Business Model’ questions. These cover any specific ways in which your company delivers social or environmental benefits. To help you prepare for the questionnaire, here is a summary of the five impact areas: Governance is a broad topic, covering a company’s structure, transparency, ethics, mission, and social and environmental impact engagement. Among other areas, the questions will assess how well your company is set up to deliver on its mission and include the needs of all stakeholders in its decision-making processes. A key step in improving your Governance score is to adopt the B Corp Legal Requirement. This means incorporating a specific addendum into your company’s articles of association – a clear demonstration of your commitment to stakeholder governance. This should be reflected in all areas of your corporate culture. Example topics: Whistleblower policy, code of ethics, financial information disclosure. Example question: What proportion of your management team is evaluated in writing on their performance with regard to corporate, social and environmental targets? This impact area focuses mainly on employee well-being, including factors such... --- - Published: 2025-02-27 - Modified: 2025-04-17 - URL: https://nexioprojects.com/californias-carbon-countdown-preparing-for-sb-253-compliance/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English Over the past two decades, California has introduced a series of ambitious climate initiatives aimed at reducing greenhouse gas (GHG) emissions and promoting environmental accountability. From the Global Warming Solutions Act (AB 32) in 2006, which set the state’s first enforceable emissions reduction targets, to the cap-and-trade program, California has laid the groundwork for addressing climate change through legislation and innovation. Building on this legacy, the Climate Corporate Data Accountability Act (SB 253), signed into law in October 2023, now requires large corporations to publicly disclose their full carbon inventories, including Scope 1, 2, and 3 emissions. This new regulation represents a significant step forward in corporate climate accountability, compelling businesses to adopt rigorous reporting practices and align with global sustainability standards. What is SB 253? The Climate Corporate Data Accountability Act (SB 253) is a landmark piece of legislation that requires public and private companies with annual revenues exceeding $1 billion and operating in California to disclose their GHG emissions annually. The law aligns with the Greenhouse Gas Protocol standards, which are widely recognised as the global benchmark for emissions reporting. Key Reporting Requirements SB 253 mandates that companies report their emissions across three scopes: Scope 1 Emissions: Direct emissions from owned or controlled sources, such as company facilities or vehicles as well as fugitive emissions from refrigerant gases. Scope 2 Emissions: Indirect emissions from purchased electricity, steam, heating, or cooling used by the company. Scope 3 Emissions: Indirect emissions across the value chain, including those generated by suppliers, customers, and other third parties. Of these, Scope 3 emissions are often the most challenging to measure due to their complexity and reliance on data from external stakeholders. Timeline for Compliance The law introduces a phased timeline for compliance : 2026: Companies must begin reporting Scope 1 and Scope 2 emissions for fiscal year (FY) 2025 data. 2027: Scope 3 emissions reporting begins for FY 2026 data. Third-Party Assurance Requirements To ensure accuracy and credibility, companies must engage independent auditors to verify their reported data with recognized standards such as ISO 14064. Initially, limited assurance will be required for FY 2025–2028 data. From FY 2029 onwards, companies must provide reasonable assurance — a more rigorous standard of verification. Why SB 253 Matters California's climate policies have a far-reaching impact, influencing both national and international approaches to environmental regulation. SB 253, in particular, represents a significant step in corporate climate accountability that extends beyond state lines . This legislation is poised to set a new standard for emissions reporting and transparency, potentially shaping corporate practices globally. By mandating comprehensive greenhouse gas emissions disclosures, including the challenging Scope 3 emissions, California is effectively using its market influence to establish climate disclosures as a standard practice in the U. S. and beyond. By mandating public disclosures of GHG emissions, SB 253 aims to increase transparency around corporate climate impacts. This transparency empowers consumers, investors, and regulators to hold businesses accountable for their environmental performance. The Financial Stakes of Non-Compliance Non-compliance with SB 253... --- - Published: 2025-02-18 - Modified: 2025-04-17 - URL: https://nexioprojects.com/behind-the-scenes-nexio-projects-journey-through-b-corp-recertification/ - Categories: Uncategorized - Tags: B Corp - Tags: English In 2019, Nexio Projects achieved a significant milestone: our first B Corp certification. This recognition validated our commitment to using business as a force for good. As any sustainability-focused organisation knows, the journey does not end there. Fast forward to 2023, and we found ourselves at the threshold of recertification. The excitement was palpable as our team gathered to embark on this crucial process. Our recertification journey pushed us to scrutinise our practices, celebrate our achievements, and identify areas for growth. As we navigated the complexities of the B Corp assessment, we uncovered valuable insights and strategies that not only strengthened our own practices but could also benefit other organisations on similar paths. Our experience reaffirmed that B Corp certification is more than a badge – it is a continuous commitment to improvement and positive change.   Setting the stage: Planning and structure  Our first step was to establish a clear structure for the recertification process. Drawing inspiration from previous successful projects, we created a dedicated project board on Monday. com. This allowed us to quickly implement a process with which we were already familiar. Key to this stage was defining roles and responsibilities. We also established a realistic timeline, aiming to complete the recertification well ahead of the deadline. The earlier you start, the better.   Tip: Utilise existing frameworks – adapt templates or project structures that you’ve successfully used in other sustainability initiatives. This saves time and leverages your team's existing knowledge.   Teamwork and collaboration: Making it all work  Collaboration was essential to our recertification process. Key team members took ownership of specific areas, ensuring a thorough and accurate assessment. In general, it is critical to have a well-established team where all team members can easily contribute and communicate effectively. Giving this right is critical for team happiness. We scheduled an internal kick-off call to align everyone on objectives, timelines, and individual responsibilities. This call involved many people within our company and was essential for keeping everyone on the same page. We created dedicated Slack channels to ensure seamless communication, quick updates, and efficient problem-solving throughout the project. This helps to build a positive atmosphere where all members are supported and recognised.   Tip: Foster cross-departmental connections. Use the B Corp process as an opportunity to involve teams from different areas of the company, breaking down silos and fostering a shared sense of purpose. This builds trust and shared ownership.   Key challenges and lessons learned  Our experience has shown that even with meticulous planning, unexpected challenges are inevitable. The key to success lies in our ability to adapt swiftly and effectively. We adopted an agile approach to navigate these challenges, breaking down the recertification process into manageable sprints. This allowed us to:  Respond quickly to new information or changing requirements  Reprioritise tasks based on emerging insights  Continuously improve our approach through regular retrospectives  Our agile mindset extended beyond project management. We found that flexibility in our thinking was equally crucial. When faced with complex assessment questions,... --- - Published: 2025-02-04 - Modified: 2025-04-17 - URL: https://nexioprojects.com/what-businesses-need-to-know-about-the-eu-omnibus-simplification-package/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English EU Omnibus potential simplification package overview  The European Commission will publish the first of its Omnibus Simplification Package on February 26, 2025. The primary objective is to reduce reporting obligations by 25% across key sustainability frameworks, including CSRD, Taxonomy Regulation, and CSDDD. This initiative is part of the EU's Competitiveness Compass and aims to streamline compliance while maintaining high ESG standards. The package's scope may extend beyond its initial focus, driven by multiple factors such as pressure from Member States, insights from the Draghi Report highlighting regulatory complexity, and the Budapest Declaration's mandate for a 25% reduction in reporting burdens. A significant aspect of the package is the introduction of a "small mid-cap" category. Approximately 31,000 out of 50,000 CSRD-scope companies are expected to fall into this new category, though specifics on deferrals or simplified provisions remain unclear.   Recommendations and timeline  Organisations are recommended to continue their Double Materiality Assessment (DMA) preparations, as baseline ESG disclosures will likely remain mandatory. Companies should closely monitor developments, particularly the draft to be released on February 26. The final package text is expected in Q3 2025, following EU Parliament and Council negotiations beginning in Q2 2025.   Strategic implications and future outlook  As organisations track omnibus developments and prepare for what's next, it's crucial to recognise that sustainability disclosure is here to stay, creating a level playing field that requires transparency and standardisation. Any shift in compliance deadlines or scope coverage should be viewed as an opportunity to prepare strong disclosures and create a competitive advantage over peers. Additionally, being CSRD-ready will ensure that companies are well-prepared for other emerging sustainability disclosure regulations across jurisdictions globally, potentially improving their reputation, competitive advantage, and position as a preferred partner or vendor in the marketplace.   How Nexio Projects can help  Adapting to the CSRD's stringent requirements may seem overwhelming, but expert support can make the process seamless. Nexio Projects, a leading consultancy, specialises in helping companies conduct double materiality assessments and prepare for CSRD compliance. Whether you need guidance on reporting strategies or a partner to navigate this transition, Nexio Projects is here to help. Get in touch today to take the first step toward transparent and impactful sustainability reporting!   Etymology lesson of the day: The term "omnibus" originates from Latin, specifically meaning "for all". It was first introduced in 1829 as a reference to a public transportation vehicle.  The word is derived from the Latin word "omnibus", which is the dative plural of "omnis" meaning "all. 1 Are new EU regulations like the Omnibus Package on your radar? Join our newsletter to stay informed on how these changes could affect your business. 1 Online Etymology Dictionary (2019) 'omnibus', in Online Etymology Dictionary. Available at: https://www. etymonline. com/word/omnibus (Accessed: 04 February 2025). --- - Published: 2025-01-31 - Modified: 2025-04-17 - URL: https://nexioprojects.com/understanding-esrs-a-guide-to-companies-reporting-framework/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English With sustainability becoming a cornerstone of modern business practices, regulatory frameworks are evolving to promote transparency and accountability. A significant step in this direction happened on January 5, 2023. On that day, the European Union introduced the Corporate Sustainability Reporting Directive (CSRD).   This directive mandates companies that meet specific criteria to provide detailed sustainability reports. The goal of the CSRD is to bring sustainability reporting at the same level with financial reporting, ensuring that companies provide comparable, relevant, reliable, and data-driven information on their sustainability-related impacts, risks and opportunities. But what does this mean for businesses, and how should they prepare to comply?   The European Sustainability Reporting Standards (ESRS) are at the centre of the CSRD. EFRAG, a private group working together with multiple stakeholders and the EU Commission, created these standards.   The first draft of the ESRS came out on December 22, 2022, while the final version was adopted by the EU Commission on July 31, 2023. The ESRS set the foundation for a standardised, robust and transparent reporting framework.   ESRS at a glance The draft European Sustainability Reporting Standards introduces 12 distinct standards, split into two categories: Mandatory cross-cutting standards This framework has two important standards for sustainability reporting: ESRS 1 (General Requirements) and ESRS 2 (General Disclosures). ESRS 1 outlines the basic principles, concepts, and requirements for sustainability reporting. ESRS 2 describes the general information that companies need to share. ESRS 1: General requirements ESRS 1 lays the groundwork for clear and comparable sustainability reporting. It explains the key ideas and rules that companies need to follow. This standard provides the architectural blueprint for ESRS, explaining key concepts, drafting conventions, and general requirements for preparing and presenting sustainability-related information. It ensures that all companies, regardless of their sector, have a common starting point for their sustainability disclosures. ESRS 2: General disclosures   Building on the foundation laid by ESRS 1, ESRS 2 delves into the specifics of what companies must disclose in their sustainability reports. This standard provides a clear way to report on sustainability. It highlights three key areas that companies must focus on. Disclosure requirements included in ESRS 2 are mandatory and apply to all companies within the scope of the CSRD. Key focus areas in ESRS 2 ESRS 2 emphasises three crucial components: Governance The governance pillar shines a spotlight on how sustainability is integrated into a company's leadership and decision-making processes. It requires companies to disclose: The composition and responsibilities of administrative, management, and supervisory bodies How these bodies are informed about and address sustainability matters The integration of sustainability performance into incentive schemes Due diligence processes related to sustainability This focus on governance ensures that sustainability is not just a peripheral concern but a core component of corporate strategy and operations. Strategy, metrics, and targets Under the strategy pillar, companies must articulate how they approach sustainability in their business model and value chain. This includes: Describing the company's market position and how it relates to sustainability Explaining how stakeholder... --- - Published: 2025-01-14 - Modified: 2025-04-17 - URL: https://nexioprojects.com/whats-the-difference-between-a-product-carbon-footprint-and-a-product-environmental-footprint/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English “From both a regulatory and competitive perspective, creating products with a reduced impact on people and the environment has never been more important. ”  Traditionally, product life cycle analysis has tended to focus on carbon footprint – the amount of greenhouse gases (GHGs) generated during a product’s manufacture and beyond. While this is an important measure of environmental impact, there are many others that also matter. That’s why a product environmental footprint (PEF), which covers a wider range of impacts, can be a valuable tool to support your sustainability strategy.   Read on for a complete guide to the similarities and differences between product carbon footprints and product environmental footprints and discover best practices for each.   What is a product carbon footprint (PCF)?   Every aspect of your product’s life cycle has the potential to generate GHG emissions, from the sourcing of raw materials to manufacturing, transportation, use and end-of-life. A PCF measures the total GHG emissions associated with a product’s life cycle, including methane, nitrous oxide and fluorinated gases. For ease of comparison, these GHGs are reported in terms of tonnes of carbon dioxide equivalent (tCO2e).   The benefits of calculating a product carbon footprint  Calculating a PCF gives you a detailed insight into the GHG emissions associated with your product portfolio. This allows you to:  accurately report the climate impacts of your products;  identify and address emissions hotspots in your value chain to develop targeted reduction strategies;  comply with sustainability reporting regulations, such as the EU’s Corporate Sustainability Reporting Directive (CSRD) or Carbon Boundary Adjustment Mechanism (CBAM)  Scoping your product carbon footprint  The scope of a PCF can vary. For example, a ‘cradle-to-gate’ PCF considers GHG emissions from the extraction of raw materials up to and including the manufacturing process – ending at the ‘factory gate’. This means that ‘downstream’ life cycle stages, such as transportation and product use, aren’t included in this type of PCF. Typically used for B2B 9Business-to-business) scenarios.   A ‘cradle-to-grave’ PCF, on the other hand, also considers downstream life cycle stages, including product use and end-of-life. However, when it comes to assessing the impact of your products on people and the planet, the carbon footprint is only part of the story. This is typically recommended for B2C (Business-to-consumer) scenarios.   What is a product environmental footprint (PEF)?   A product environmental footprint is a science-based, standardised methodology for holistically evaluating the overall environmental impact of a product. Like the PCF, it includes a product’s climate impact. However, in addition to GHG emissions, the PEF covers a range of other environmental impact factors such as:  Resource depletion,  Water and land usage,  Ozone depletion,  Human health,  Acidification,  Pollution.   PEFs cover the entire product life cycle, including upstream activities – such as raw material sourcing – and downstream activities – such as transportation and recycling. By including many more environmental and social impact factors, the PEF enables you to provide a much more complete picture of your product’s life cycle impacts which can be... --- - Published: 2025-01-09 - Modified: 2025-04-17 - URL: https://nexioprojects.com/leadership-in-sustainability-taking-your-esg-reporting-to-the-next-level/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English “From mandatory sustainability disclosures to the need for decarbonisation, circularity and human rights due diligence, companies must adapt quickly to meet regulatory requirements and stakeholder expectations. ”  Corporate sustainability has never been higher on the agenda. Indeed, 2024 marked the first year for which large, listed EU-based companies needed to deliver annual reports in compliance with the EU’s Corporate Sustainability Reporting Directive (CSRD). With many more companies set to fall within the scope of the CSRD in the coming years, a holistic approach to sustainability reporting is essential. But how can companies ensure that their strategy meets the requirements of this new reporting landscape?   Read on for our guide to ensuring optimal coverage of your sustainability impacts, including a range of sustainability topics you may not have considered.   Governance: The foundation of a robust ESG framework  Although it’s the last letter in ‘ESG’, governance is one of the most important factors in establishing an effective sustainability reporting strategy. Conducting regular ESG assessments, setting measurable goals, and reporting progress transparently are all critical steps in building stakeholder trust. In addition, companies need to develop robust internal systems for tracking and reporting their sustainability data. This could include investing in sustainability software platforms that can manage complex data sets and help ensure compliance with international reporting standards.   Achieving a high level of sustainability integration requires both leadership buy-in and effective communication of policies throughout the organisation. In this way, sustainability KPIs can be embedded into core business functions, such as procurement, supply chain management and human resources – facilitating lasting improvements.   Focus on value chain impacts  Sustainability reporting increasingly requires companies to look beyond the ‘four walls’ of the organisation to identify the wider impacts of their activities. For example, companies will be required to account for their Scope 1, 2 and 3 emissions as part of their CSRD reporting. This includes direct emissions, indirect emissions from energy consumption and emissions generated throughout the value chain.   Under the CSRD, they will also need to provide forward-looking ESG strategies to reduce value chain emissions. This may include investing in renewable energy or energy efficiency projects, as well as working with partners to reduce emissions throughout the supply chain. A sustainability consultant can help companies engage stakeholders to obtain accurate data on indirect (Scope 3) emissions and select the most effective decarbonisation solutions for their context.   Key sustainability metrics: Sustainable sourcing and circularity  Another aspect of managing value chain emissions is addressing the impacts of upstream activities such as raw material sourcing. Companies should conduct comprehensive audits of their supply chains to identify environmental and social risks, engage with suppliers to promote sustainability and set clear sustainability targets. It’s equally important to consider downstream impacts, such as product end of life. This is where the concept of circularity is essential. Circularity involves designing products and systems that minimise waste and maximise the reuse of materials, helping to tackle resource scarcity. Circular practices are gradually becoming more mainstream, driven by... --- - Published: 2025-01-07 - Modified: 2025-04-17 - URL: https://nexioprojects.com/step-by-step-to-become-net-zero/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English Achieving net zero emissions is a critical objective for organisations committed to combating climate change. This process involves balancing the greenhouse gases emitted into the atmosphere with an equivalent amount removed, thereby stabilising global temperatures. Here is a structured approach to guide organisations through the journey toward net zero implementation. 1. Establish a baseline emissions inventory  Objective: Understand your current emissions profile.   Conduct a comprehensive assessment: Map emissions across all three scopes:  Scope 1: Direct emissions from owned or controlled sources.   Scope 2: Indirect emissions from purchased electricity.   Scope 3: Other indirect emissions across the value chain.   Disclose publicly: Document and disclose your emissions data annually, including historical data for comparison. This transparency builds credibility and accountability.   2. Set Science-Based Targets to set the vision  Objective: Define ambitious targets aligned with global climate goals.   Align with global standards: Net zero target setting should be consistent with the Intergovernmental Panel on Climate Change (IPCC) recommendations to limit global warming to 1. 5 degrees Celsius. This involves reducing greenhouse gas emissions significantly by 2030 and achieving net zero by 2050.   Set interim milestones: Establish short-term goals to ensure progress toward long-term objectives, allowing for adjustments based on performance.   3. Develop and plan a strategic roadmap  Objective: Create a comprehensive plan to achieve net zero.   Identify key actions: Outline specific measures for reducing emissions, such as transitioning to renewable energy, enhancing energy efficiency, and engaging your supply chain.   Allocate resources: Ensure that adequate resources are allocated for implementing sustainable practices and technologies.   Assign responsibilities: Designate team members accountable for executing each part of the plan, fostering ownership and commitment.   4. Implement and execute emission reduction strategies  Objective: Take concrete actions to minimise greenhouse gas emissions.   Transition to renewable energy: Invest in renewable energy sources like solar and wind to replace fossil fuels.   Enhance energy efficiency: Optimize operations and processes to reduce energy consumption and waste.   Engage suppliers and partners: Collaborate with suppliers to encourage sustainable practices throughout the supply chain.   5. Supplier engagement and communication  Objective: Build trust and engagement by sharing your sustainability journey.   Regular Reporting: Share updates on emissions reductions and sustainability efforts with stakeholders, including employees, customers, and investors.   Enhance Brand Reputation: Use your commitment to net zero as a competitive advantage by showcasing your sustainability initiatives and achievements.   How can Nexio Projects help you?   Achieving net zero emissions is a challenging but attainable process requiring dedication, collaboration and continuous improvement. By following these steps, Nexio Projects can help your organisation play a pivotal role in global climate action while enhancing their resilience and reputation in a sustainability-driven market. The journey may be complex, but the rewards - for both the planet and your organisation - are immeasurable.   Ready to learn more about net zero emissions? Stay informed on the latest news and actionable strategies by subscribing to our newsletter. --- - Published: 2024-12-22 - Modified: 2025-03-07 - URL: https://nexioprojects.com/roadmap-to-csrd-step-by-step-preparation-for-a-double-materiality-assessment/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English Double Materiality Assessment: Definitions and key concepts As the Corporate Sustainability Reporting Directive (CSRD) takes effect, companies are grappling with a framework for sustainability reporting: the Double Materiality Assessment (DMA). This crucial tool is becoming increasingly important, but many organisations find themselves asking, "What exactly is a DMA, and where do we begin? "  This article breaks down the complexities of the Double Materiality Assessment (DMA), offering a comprehensive roadmap for organisations navigating this strategic sustainability evaluation. This process encompasses a strategic evaluation of sustainability matters from two key angles: the financial and impact perspectives. Outside In “A sustainability matter is material from a financial perspective if it generates or may generate significant risks or opportunities that influence or are likely to influence the future cash flows and therefore the enterprise value of the undertaking in the short -, medium - or long -term, but it is not captured or not yet fully captured by financial reporting at the reporting date. " EFRAG / ESRS / CSRD   Inside Out “A sustainability matter is material from an impact perspective if the undertaking is connected to actual or potential significant impacts on people or the environment over the short -, medium - or long -term. This includes impacts directly caused or contributed to by the undertaking in its own operations, products or services and impacts which are otherwise directly linked to the undertaking’s upstream and downstream value chain, not limited to contractual relationships. " EFRAG / ESRS / CSRD   A sustainability matter is considered material when it meets the criteria for impact materiality, financial materiality, or both, as defined by the European Financial Reporting Advisory Group (EFRAG) under the European Sustainability Reporting Standards (ESRS), which guide sustainability disclosures in alignment with the Corporate Sustainability Reporting Directive (CSRD).   To summarise, outside-in and inside-out perspectives focus on two key aspects of materiality:  Outside-in (Financial Materiality): How sustainability factors affect a company's financial performance and long-term viability. Inside-out (Impact Materiality): How a company’s operations impact the wider environmental and social context. Four Strategic Steps of DMA At Nexio Projects, we have developed a comprehensive four-step process for conducting a Double Materiality Assessment (DMA), aligning with EFRAG's materiality implementation guidance. This approach considers all sustainability matters outlined in ESRS 1 paragraph AR16, as well as entity-specific topics. Let's break down this process to help you navigate the complexities of DMA preparation. A: Understanding context The foundation of a robust DMA lies in gathering and analysing relevant documents. This includes information on business activities, relationships, value chain, external factors, and other contextual data. By having these documents ready from the start, you will streamline the subsequent IRO (Impacts, Risks, and Opportunities) identification process. We advise to stay updated on applicable regulations and compliance requirements for your business locations. This contextual understanding is crucial for a comprehensive assessment.   B: IROs Identification   Before a company can assess its sustainability risks and opportunities, it must first identify its IROs (Impacts, Risks, and Opportunities). This step is crucial in understanding how the company’s activities affect the environment and society, as well as how external... --- - Published: 2024-12-18 - Modified: 2024-12-24 - URL: https://nexioprojects.com/the-journey-on-the-sustainability-maturity-curve-2/ - Categories: Uncategorized - Tags: Sustainability strategy - Tags: English Navigate the Sustainability Maturity Curve: your roadmap to sustainable growth and competitive advantage. “Sustainability is not a fixed goal; it’s an ongoing journey, requiring clear KPIs and collective effort across the value chain. ”  Understanding where your organisation stands in terms of sustainability is critical to making more impactful strategic decisions. Read on to discover how the Nexio Projects Sustainability Maturity Curve (SMC) can help refine your strategy and accelerate your progress. The path towards corporate sustainability is rarely linear; more often, it’s a winding road filled with unexpected twists and challenges. That’s why it helps to have a map of your route and a ‘packing list’ of the tools and resources you’ll need. It’s also helpful to look at the experiences of those who have walked a similar road before you.   That’s why we developed the Nexio Projects Sustainability Maturity Curve (SMC). Drawing on the expertise of our sustainability consultants and the insights gained from years of collaboration with other companies, it provides a comprehensive guide for companies looking to drive progress on their sustainability journey – outlining what each stage of your sustainability journey should look like and the key milestones to aim for.   On the road to sustainability leadership  Of course, scientific knowledge and sustainability best practices are constantly evolving. To ensure that our SMC framework accurately reflects these ongoing changes, we recently undertook a complete review of the sustainability maturity stages – and the foundational key pillars of the SMC. This way, we can better provide companies with the guidance they need to drive consistent sustainability development. Below, we explore the updated SMC and what it means for your organisation.   Find out more about getting sustainability strategy support from Nexio Projects.   The six pillars of the SMC  Nexio Project’s SMC is based on the following six key pillars:  Motivation  Governance  Strategy  Business model  Reporting  Ratings and certifications  Value chain collaboration  Pillar 1: Motivation  Motivation is the driving force behind all sustainability efforts for companies with a strong internal commitment to sustainability. While external pressures such as regulatory or customer demands can sometimes drive action in the first instance, as a company matures, this motivation should increasingly come from within.   Pillar 2: Governance  Accountability is critical to the success of sustainability efforts. Good governance ensures that responsibility for sustainability is intelligently distributed. A key indicator of growing sustainability maturity is a strong sense of ownership at all levels of an organisation for the successes and challenges faced on the path to improved sustainability.   Pillar 3: Strategy  Effective strategic planning is the foundation of a successful sustainability journey. By embedding sustainability into core policies and long-term goals, organisations can pave the way for meaningful change.   Pillar 4: Reporting  A strong data management system is essential for tracking progress and communicating where a company stands on key sustainability indicators. By measuring and continually refining their strategies with data-driven insights, organisations can drive consistent progress and adapt to changing conditions.   Pillar 5: Ratings and certifications  Many companies seek to validate their sustainability efforts through ratings and... --- - Published: 2024-12-18 - Modified: 2024-12-24 - URL: https://nexioprojects.com/what-you-need-to-know-for-your-next-ecovadis-assessment/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English “The EcoVadis assessment guides organisations on their sustainability journey and presents a unique opportunity to catalyse positive change throughout the value chain. ” EcoVadis is one of the world’s most comprehensive sustainability rating tools, helping to assess an organisation’s approach to managing its impacts across the key themes of Environment, Labour and Human Rights, Ethics and Sustainable Procurement. And with over 130,000 organisations currently rated by EcoVadis, it’s becoming an increasingly popular tool for both buyers and suppliers. Read on to find out how the assessment works and how companies can improve their EcoVadis rating. Where does the EcoVadis rating system come from? The EcoVadis methodology has been developed (and is regularly updated) in accordance with international sustainability standards such as the United Nations Global Compact (UNGC), Global Reporting Initiative (GRI), the International Organization for Standardization (ISO) and more. This ensures broad coverage of relevant sustainability topics. In fact, the assessment covers up to 21 sustainability sub-topics within the four key themes. Here’s how the assessment works in practice. How does the EcoVadis assessment work? The EcoVadis assessment follows a five-step process: Step 1: Registration To start the assessment process, you need to create a profile on the EcoVadis website, specifying your organisation’s activities and providing contact information. This information will be used to create a customised questionnaire based on your organisation’s industry, sector, size and country (or countries) of operation. Step 2: Questionnaire Once you’ve registered, you’ll be able to enter the platform and access the Dashboard page, where you’ll see a summary of your progress and the latest news from EcoVadis. Here, you can also start completing your questionnaire and uploading documents. Step 3: Expert analysis Once you’ve completed and submitted your questionnaire, EcoVadis experts will analyse your answers and the uploaded documents. This process usually takes from 6 to 8 weeks. Step 4: Results Your answers are used to create a scorecard that summarises: (1) your overall EcoVadis score and the average score for your industry (black marker); (2) your scores for each of the four sustainability themes and the average scores in your industry; (3) the importance of each pillar on a scale of 1 to 4, based on your industry. The scorecard also summarises the company’s strengths and areas for improvement. Step 5: Recognition According to your EcoVadis score, you may also receive an EcoVadis badge or medal. What are the EcoVadis badges and medals? Companies can earn a badge in recognition of their progress on their sustainability journey. This can help promote their efforts to consumers and value chain partners. The ‘Committed’ badge is awarded to companies with a minimum score of 45, representing ‘good’ performance according to the EcoVadis methodology. The ‘Fast Mover’ badge is awarded to companies with a score of between 34 and 44 that have achieved at least a 6-point improvement over an 18-month period compared to their previous assessment. Medals, on the other hand, are awarded according to an organisation’s performance compared to all other companies assessed by EcoVadis over... --- - Published: 2024-12-10 - Modified: 2025-01-22 - URL: https://nexioprojects.com/what-is-net-zero/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English Net zero is a pivotal concept in the global effort to combat climate change, representing a state where the amount of greenhouse gases emitted into the atmosphere is balanced by an equivalent amount removed. This balance is essential for stabilising global temperatures and mitigating the adverse effects of climate change. Various terms, such as carbon neutral, net zero, and climate neutral, indicate different methods of accounting for emissions sources and sinks, clarifying what is included in calculations or targets.   What does net zero mean?   Achieving net zero means that any greenhouse gas emissions produced by human activities, particularly carbon dioxide (CO₂), must be counteracted by efforts to remove an equal amount from the atmosphere. This can be accomplished through various methods, including reforestation, carbon capture technologies, and enhancing natural carbon sinks like forests and oceans. The term "net" highlights that it may not be feasible to eliminate all emissions entirely; thus, a combination of significant reductions and carbon removal is necessary.   Importance of net zero  The urgency for net zero implementation is underscored by international agreements such as the Paris Agreement, which aims to limit global warming to 1. 5 degrees Celsius above pre-industrial levels. To meet this goal, global CO₂ emissions must reach net zero by around 2050. Achieving net zero is not just an environmental imperative; it also represents a significant economic opportunity as industries transition towards sustainable practices.   Understanding the scope of net zero  Net zero encompasses all greenhouse gases covered under international frameworks like the Kyoto Protocol. The scope typically includes three categories of emissions:  Scope 1: Direct emissions from owned or controlled sources.   Scope 2: Indirect emissions from the generation of purchased electricity.   Scope 3: Other indirect emissions in a company’s value chain.   This comprehensive approach ensures that all aspects of an organization’s emissions are accounted for in their net zero target setting.   Strategies and challenges  To successfully reach net zero, a comprehensive strategy is necessary:  Reduction of emissions: Organisations must implement measures to significantly reduce their greenhouse gas emissions. This includes transitioning to renewable energy sources, enhancing energy efficiency, and adopting sustainable practices across operations.   Carbon removal: For emissions that cannot be eliminated entirely, companies must invest in carbon removal technologies or projects that absorb CO₂ from the atmosphere. This can involve afforestation efforts, soil management practices, or advanced technologies like direct air capture.   Global commitment  More than 130 countries have set targets for achieving net zero emissions by 2050, covering around 70% of global CO₂ emissions. The role of businesses in achieving net zero  Businesses also play a critical role in reaching net zero targets. By setting science-based targets and committing to substantial reductions in their emissions, companies can contribute significantly to global climate goals. Initiatives like the Science Based Targets initiative (SBTi) help organizations align their strategies with the latest climate science, ensuring their efforts are both ambitious and achievable.   Examples of corporate commitment  Many companies have already made significant strides... --- - Published: 2024-12-02 - Modified: 2025-01-09 - URL: https://nexioprojects.com/sustainability-reporting-what-is-the-ghg-protocol/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English “By using the GHG Protocol’s calculation tools and emissions accounting standards, businesses can ensure that their measurements are consistent with global best practices. ” Want to learn more about the origins of the GHG Protocol, its methodologies and the benefits of conducting a GHG inventory? Read on for our expert insights.   What is the GHG Protocol? The GHG Protocol is a non-governmental organisation that sets globally recognised standards for the measurement and management of greenhouse gas (GHG) emissions. It provides a comprehensive framework for businesses, governments and organisations to assess and monitor their carbon footprint. Its standards are therefore essential for organisations seeking to reduce their emissions and meet regulatory targets.   By standardising the way emissions are measured and reported, the GHG Protocol ensures that businesses of all sizes can consistently quantify their environmental impact, regardless of their location or industry. With sustainability now high on many corporate, government and consumer agendas, the GHG Protocol has become the cornerstone for several compliance and voluntary reporting frameworks, a few can be named below:   Corporate Sustainability Reporting Directive (CSRD): Adopted by the European Union in 2023, the CSRD requires companies operating in Europe to disclose their emissions beginning in 2025. The European Sustainability Reporting Standards (ESRS) directly reference GHG Protocol's standards U. S. Securities and Exchange Commission (SEC) Climate Disclosure Rule: Finalized in March 2024, this rule requires companies to disclose some of their emissions if deemed financially material to investors International Sustainability Standards Board (ISSB) IFRS S2: While voluntary at the global level, this standard has been made mandatory in some countries. Companies in these countries are required to disclose their scope 1, 2, and 3 emissions. Federal Supplier Rule (proposed): This rule would require federal contractors receiving more than $50 million in annual contracts to disclose annual scope 1, scope 2, and relevant categories of scope 3 GHG emissions. Contractors receiving $7. 5M - $50M would be required to report scope 1 and 2 emissions Streamlined Energy and Carbon Reporting (SECR): This UK framework requires quoted companies to report global Scope 1 and 2 emissions, while large unquoted companies and LLPs must report UK energy use and associated emissions The origins of the GHG Protocol  The development of the GHG Protocol can be traced back to the late 1990s, when businesses and governments were beginning to grapple with the impacts of climate change but lacked the tools to accurately assess their contribution to GHG emissions. They needed a framework to help them measure their direct and indirect emissions in a way that was transparent and credible.   In response, the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD) created an international standard for GHG accounting: the GHG Protocol. The GHG Protocol has continued to evolve ever since. It now includes several sector-specific standards and tools to help businesses and governments manage not only their direct emissions but also those generated throughout their supply chain – in other words, their Scope 1, 2 and... --- - Published: 2024-11-20 - Modified: 2024-12-24 - URL: https://nexioprojects.com/understanding-ecovadis-whats-the-difference-between-entity-and-group-assessments/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English What’s the scope of your EcoVadis assessment?   If you’re a large organisation considering an EcoVadis assessment, it’s important to choose the right ‘scope’ – i. e. whether to be assessed at the ‘entity’ or ‘group’ level. But, with a wide range of factors to consider, selecting the most appropriate scope can be complex. We’ve put together a quick guide to the different EcoVadis assessment scopes to help you understand which approach might best suit your organisation.   Entity or group? Get to know the EcoVadis assessment scopes  To optimise your EcoVadis score, it’s important to know the advantages and disadvantages of the different EcoVadis assessment scopes. For this article, we’ll focus on group- and entity-level assessments, but site-level assessments are also available.   Group According to EcoVadis, a group is defined as a company (a legal entity) with one or more subsidiaries (also legal entities) under an ultimate parent company. All domestic and foreign subsidiaries are included in the scope of the group assessment.   Joint ventures (JVs) are also included in the scope of group-level assessments, but only where the parent company owns at least 50% of the JV. The head office of the parent company is always included in the scope of the group assessment.   Entity To be eligible for an entity-level assessment, a company (legal entity) must have no other subsidiaries below it. It can either be a standalone company or a subsidiary of a parent company.   Site The EcoVadis assessment can also be conducted at the site level, referring to a specific site or facility belonging to a legal entity. As sites can be assessed individually, it doesn’t matter whether a site belongs to a standalone company or to a group. Which company scopes cannot be evaluated by EcoVadis?   Some types of assessment scopes are not accepted by EcoVadis. These include:  divisions or business units of an existing company that don’t have a separate legal entity name,  holding companies (without coverage of any subsidiaries),  NGOs, non-profits or state-owned organisations,  commercial brands or product names.   Selecting your EcoVadis assessment scope  For organisations with multiple entities (especially those with a wide geographical spread), the choice of whether to report at the group or entity level can have a significant impact on the final EcoVadis score. So, how do you decide?   Key factors to consider include:  the expectations of your stakeholders,  your organisation’s sustainability maturity,  the time and resources you have available,  the diversification of your group’s activities.   Why complete the EcoVadis assessment at the entity level?   One of the most important factors that should inform your choice of assessment scope is the relationship between your company and your trading partners (and other stakeholders). By selecting a scope that best reflects this relationship, your partners will receive the sustainability management information that’s most relevant to them.   Let’s say that one of your customers has asked you to complete an EcoVadis assessment and that customer only buys their products from a... --- - Published: 2024-11-19 - Modified: 2024-12-24 - URL: https://nexioprojects.com/the-sbti-on-carbon-offsets-should-they-be-part-of-your-sustainability-strategy/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English Find out more about the SBTi’s position and what it means for your company  “Carbon offsets may be an effective investment when used to complement a holistic, long-term sustainability strategy. ”  Want to know more about the SBTi’s approach to carbon offsetting mechanisms such as Environmental Attribute Certificates (EACs) and carbon credits? Read on to explore the pros and cons of carbon offsetting for your sustainability strategy.   Understanding the SBTi’s stance on carbon offsets  Validation of your science-based targets (SBTs) by the Science-Based Targets initiative (SBTi) ensures that your sustainability efforts align with the latest climate science. As discussed in our previous article, this enables a more effective climate strategy and can facilitate regulatory compliance. However, it’s crucial to consider the SBTi’s position on carbon offsetting to ensure your sustainability strategy is future-proof. What are carbon offsets?   Reducing greenhouse gas (GHG) emissions is often done at the source – in other words, reducing emissions from industrial processes, raw material extraction, employee commuting and so on. But what about industries where emissions are harder to abate, such as steel or chemicals? In some cases, carbon offsetting may offer an interim solution.   Carbon offsets allow companies to compensate for their GHG emissions by investing in projects that reduce or remove an equivalent amount of CO2 – measured in terms of carbon dioxide equivalents (CO2e) – from the atmosphere.   There are two potential carbon removal pathways: nature-based solutions, such as reforestation; and technology-based solutions, such as renewable energy initiatives or carbon capture and storage. For example, a company in a hard-to-abate industry, such as coal mining, could invest in a wind farm to offset some of the emissions it produces.   What does the SBTi say about carbon offsets?   The SBTi has tended to take a cautious approach to carbon offsets. Instead, it encourages companies to focus on direct emissions reductions in their value chains (Scope 1, 2 and 3 emissions). Where offsets are used, the SBTi stresses that they should play a role in neutralising emissions that are hard to eliminate in the long term, rather than being used to meet short-term emissions reduction targets moreover, a strong preference for removals is highlighted.   Does the SBTi allow carbon offsets?   However, in April 2024, the SBTi hinted at possible changes to its guidelines for reducing Scope 3 emissions specifically. They shared that they were considering allowing the use of EACs for this purpose, although they later clarified that no formal changes had been made to their guidelines and that their focus remained on direct reductions. The SBTi’s caution can be explained by the controversy surrounding the validity of carbon offsets. Indeed, they have been criticised as examples of greenwashing. There have also been cases where offsetting mechanisms such as carbon credits have been deemed ‘worthless’ after investigation. 1  In response, there have been efforts to standardise and improve the credibility of carbon offsets, such as the Climate Community and Biodiversity Standard. However, it remains important for companies... --- - Published: 2024-11-08 - Modified: 2024-12-24 - URL: https://nexioprojects.com/why-should-you-develop-an-sbti-validated-emissions-reduction-target/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English Discover the benefits of a science-based climate strategy  “Incorporating SBTi-validated targets into your sustainability strategy is a great way to future-proof your investments, drive stakeholder engagement and improve relationships with business partners and consumers. ”  Want to know more about SBTi-validated climate targets, the process of setting them and the benefits they can bring, from improved compliance to competitive advantages?   Read on for our expert insights.   What is the Science Based Targets initiative (SBTi)?   Keeping global warming below 1. 5°C – as called for in the Paris Agreement – depends on collective action from a range of stakeholders, including governments and private institutions. The Science Based Targets initiative (SBTi) was created to facilitate this. Its role is to translate the 1. 5°C target into data-based requirements and guidelines for companies and financial institutions to reduce their greenhouse gas (GHG) emissions.   How do SBTi climate targets work? Science-based targets (SBTs) are emission reduction pathways or scenarios towards a goal that are created in line with the latest climate science, based on well-evidenced strategies. They provide a clear and practical roadmap for companies to play their part in limiting global warming to 1. 5°C above pre-industrial levels while supporting a socially just transition to net zero. Setting SBTi-validated targets therefore ensures that your climate action policies and practices as ambitious and transparent as possible. As a result, incorporating these targets into your sustainability strategy is a great way to ensure that your investments maximise your company’s positive impact and drive engagement with business partners and consumers.   How do I set a science-based target?   The SBTi has designed the target-setting process to be as accessible as possible to companies, regardless of their industry or stage on the sustainability maturity journey. According to the SBTi guidelines, setting a science-based target involves five steps:  Step 1: Commit  The first step for a company is to register its commitment by submitting a formal letter. By doing so, the company is recognised as ‘officially committed’ on the SBTi, CDP, UN Global Compact and We Mean Business websites. Typically, companies then have 24 months to develop and submit their targets for review and potential validation.   Step 2: Set a baseline A CO2 baseline inventory is a reference point used to measure and compare greenhouse gas emissions over time. It serves as the foundation for climate change mitigation efforts and helps organizations track their progress in reducing emissions. It will be your reference point for your SBT.   Step 3: Set a target Targets must be aligned with the latest SBTi criteria and sector-specific guidelines. The SBTi provides several resources to guide companies through this step, such as the SBTi Getting Started Guide, target-setting tools and the Procedure for Validation of SBTi Targets. Step 4: Submit Once developed, the company submits its targets for review. The SBTi provides tailored submission forms and tools based on the type of target – whether it’s a near-term, net-zero or FLAG (Forestry, Land and Agriculture) target. Targets... --- - Published: 2024-10-24 - Modified: 2025-02-12 - URL: https://nexioprojects.com/why-get-support-with-your-corporate-footprint/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English Here is why you should get support with your corporate carbon footprint “By engaging the expertise of a sustainability consultant, your emissions calculation becomes a tool to drive meaningful change. ” Calculating your organisation’s greenhouse gas (GHG) emissions is key to complying with regulations such as the Corporate Sustainability Reporting Directive (CSRD) or sustainability management frameworks such as EcoVadis and CDP. However, this process should be much more than a box-ticking exercise. Calculating your emissions can drive meaningful change in your organisation, helping target sustainability efforts and improve relationships with customers, suppliers and other stakeholders. But with many factors to consider, and a shortage of green talent affecting a range of industries, effectively calculating your company’s GHG emissions can be complex. So, how can you streamline and optimise this process? Read on to discover how working with a sustainability consultant can support your organisation to engage with stakeholders and select the climate risk assessment tools and methodologies that suit your context. Choosing the right climate risk assessment tool: GHG inventory or LCA? One of the first decisions you need to make when starting your emissions calculation journey is which climate risk assessment tool to use: a GHG emissions inventory or a life cycle assessment (LCA). Each provides unique insights into your company’s environmental impacts, but choosing the right one to use depends on your specific goals and the structure of your business. Understanding the GHG inventory A GHG emissions inventory is an essential first step for most organisations. It provides a broad overview of the emissions generated by a company’s operations, allowing it to identify where the most significant sources of emissions are located. This inventory is divided into three Scopes: Scope 1 covers direct emissions from owned or controlled sources. Scope 2 covers indirect emissions from purchased electricity, steam, heating, and cooling. Scope 3 covers all other indirect emissions, including sources up and down the value chain such as suppliers and customers. What’s the purpose of an LCA? While a GHG inventory looks at the total emissions of a company’s operations, an LCA focuses on the environmental impacts of specific products or services throughout their life cycle – from raw material extraction, manufacturing, and transportation to use and disposal. An LCA also includes impacts beyond the carbon footprint, such as water consumption, ecotoxicity, human toxicity, eutrophication and ozone depletion. An LCA can be particularly useful in sectors where product-specific emissions are a key focus, such as the automotive industry. By analysing a product’s life cycle, companies can identify the areas that contribute the most to emissions and develop strategies to address them. This could include switching to lower-emission materials, improving manufacturing processes or choosing suppliers that use more sustainable transport. GHG inventory or LCA: Which should come first? For most organisations, starting with a GHG inventory is the logical choice because it provides a solid basis for understanding the major sources of their GHG emissions. For example, companies operating in industries such as manufacturing or retail may assume that their electricity consumption (Scope 2) is the largest source of emissions, only... --- - Published: 2024-10-22 - Modified: 2025-02-12 - URL: https://nexioprojects.com/improve-supply-chain-transparency-with-ecovadis/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English “EcoVadis is a valuable platform for cooperation across the supply chain, fostering stronger partnerships and facilitating the development of a more sustainable economy. ” With the majority of corporate greenhouse gas (GHG) emissions coming from sources not controlled by the reporting company, i. e. Scope 3 it’s clear that sustainable supply chain management is key to managing your organisation’s environmental impact. However, standards of data collection and regulatory compliance can often vary across the value chain – making it difficult to gain clarity on how your partners contribute to your company’s environmental impact. The EcoVadis medal system can provide a solution. Read on to discover the benefits of asking your suppliers to complete an EcoVadis assessment, how to manage the process and how to interpret the results. Why request an EcoVadis assessment from your supplier? As discussed in our previous blog, EcoVadis is one of the world’s most popular frameworks for assessing the effectiveness of corporate sustainability management systems. Indeed, more than 130,000 organisations worldwide currently have an EcoVadis rating. In addition, procurement teams at over 1,200 multinational companies use EcoVadis ratings to guide their purchasing decisions. Why is EcoVadis so popular for procurement managers? Quite simply, it offers an accessible framework that gives a comprehensive insight into the sustainability maturity of suppliers. And given the growing regulatory scrutiny around the sustainability of companies’ supply chains, these insights can be key from a compliance perspective. Indeed, companies such as DHL, Merck and Brenntag are already using the EcoVadis assessment to streamline compliance with the German Supply Chain Due Diligence Act (LkSG). And with supply chain scrutiny increasing across Europe, identifying and addressing suppliers’ sustainability risks will continue to be a high priority for many. How does the EcoVadis assessment process work? The EcoVadis assessment is designed to provide a comprehensive evaluation of a company’s sustainability management system. Ratings (and medals) depend on the company’s performance in four themes: Environment, Labour and Human Rights, Ethics and Sustainable Procurement. Within these, several sub-topics are selected for each company, depending on factors such as industry, size, location and activities. This ensures that only the most relevant aspects of sustainability management are measured. Examples of sub-topics include biodiversity, customer health and safety, and corruption. Following the assessment process, each company receives a final score out of 100. This is based on a weighted average of the scores across all four themes. Check out this blog to learn more about the EcoVadis assessment process. What do the EcoVadis Medals mean? Depending on the score a company receives, it may be awarded an EcoVadis Medal – ranging from Bronze to Platinum – in recognition of its sustainability management performance. This provides a simple method for buyers to benchmark suppliers, enabling them to streamline procurement decisions based on sustainability criteria. In 2024, a company needed to achieve an EcoVadis score of 58 to receive a Bronze Medal and 81 to receive a Platinum Medal. However, if a company scores below 30 in any one of the four... --- - Published: 2024-10-17 - Modified: 2025-02-12 - URL: https://nexioprojects.com/why-get-support-with-your-ecovadis-assessment/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English Here is why you should get support with your EcoVadis assessment “The companies that achieve the best results in their EcoVadis assessments are those where sustainability isn’t an isolated part of the organisation, but a key strategic driver. ” The EcoVadis assessment is widely recognised as the industry gold standard for evaluating corporate sustainability management systems. This reputation is largely due to its rigorous and comprehensive expert-assessed process. However, this also means that it’s necessary to implement a number of measures within your company to successfully complete the assessment and improve your score year after year. This can be challenging for many organisations, especially given the green skills shortage that continues to be a challenge across many industries. So, whether you’re just starting on your EcoVadis journey or you’re looking to take the next steps, it may be time to consider working with a professional partner to guide your company’s EcoVadis journey. Read on to find out more about getting expert help with your EcoVadis assessment. What steps are necessary to complete the EcoVadis assessment? Completing your EcoVadis assessment – and achieving the best possible result – is all about the details. From ensuring complete coverage of all your company’s ‘activated criteria’ (see our recent blog for more information) to meeting the EcoVadis document standards, there are many areas to consider. And having dedicated support from an expert consultant can be the catalyst you need to improve your company’s rating. Why work with an expert partner to power your EcoVadis journey? When deciding who to work with on your EcoVadis assessment, it’s important to be clear about both your current level of sustainability maturity and your EcoVadis goals. The EcoVadis assessment is known for being wide-ranging, covering issues from biodiversity to product end-of-life. This means it’s vital to have a strong sustainability management system, your organisation’s framework for driving progress towards a positive social and environmental impact. Working with an expert partner who has experience in defining and reporting on sustainability management systems can therefore be a huge advantage. What are the common challenges of the EcoVadis assessment? Without in-house expertise, completing the EcoVadis assessment can be a very complex process, especially for companies undertaking it for the first time. A common challenge is to understand and evaluate your organisation’s level of sustainability maturity. This means how well the company is set up to balance making a profit with making a positive impact on the environment and communities. The concept of sustainability maturity covers a wide range of factors, including certifications, governance structures, employee training and engagement with stakeholders such as suppliers and customers. The EcoVadis assessment rewards companies with a high level of sustainability maturity. However, if your sustainability maturity level is lower, or if you don’t have a dedicated sustainability team, it can be difficult to know how to go about evaluating your sustainability performance. That’s where working with a specialist EcoVadis consultant such as Nexio Projects can be invaluable. They can provide a comprehensive assessment of your sustainability management practices, as well as suggestions on how to improve.... --- - Published: 2024-10-14 - Modified: 2025-02-12 - URL: https://nexioprojects.com/ecovadis-platinum-from-ambition-to-reality/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English The journey to EcoVadis platinum medal “Achieving the EcoVadis Platinum medal means demonstrating that sustainability management is well integrated into your business model. ”  EcoVadis is one of the most widely used business sustainability rating systems. But only the top 1% of rated companies are awarded the prestigious EcoVadis Platinum Medal. In July 2024, this would require a score of 81 or more out of 100 on your EcoVadis Scorecard. Platinum is only awarded to companies with a high level of sustainability maturity, and it usually takes several assessments for a company to achieve it. The assessment and subsequent internal optimisation processes are, therefore, likely to require a significant commitment in terms of time and resources. However, from our experience in helping clients achieve EcoVadis Platinum, we’ve identified some key strategies for success. What’s the difference between EcoVadis Gold and EcoVadis Platinum?   To achieve EcoVadis Gold, you must provide documentary evidence of the effectiveness of your sustainability management system across the majority of your organisation’s ‘activated criteria’ – the sustainability sub-themes that EcoVadis considers most relevant to your organisation. This evidence can include documents such as policies, measures, KPI reporting and records of sustainability audits by external bodies. To achieve Platinum, the same type of evidence is required, but in many cases it will need to cover all of your organisation’s activated criteria – from biodiversity to employee health and safety. And if you don’t already have the appropriate policies and measures in place, you’ll need to develop them. After all, the EcoVadis assessment is a process of continuous improvement. And Platinum is about showing a consistent commitment to excellence in sustainability management. Remember that the EcoVadis assessment is a process of continuous improvement. Platinum is about showing a consistent commitment to excellence in sustainability management, with purpose as a key strategic driver for your company.   Click here to read more about the steps you can take to achieve the EcoVadis Gold Medal.   Platinum-standard policies Organisations aiming for EcoVadis Platinum must go beyond the standards required for Gold – providing evidence of targets that are specific, time-bound and quantifiable. You should aim to have qualitative targets in place that cover all of your organisation’s activated criteria and quantitative targets that cover at least 50% of them. There should also be evidence of two of the following: a robust governance structure with clear lines of responsibility, an appropriate review mechanism and well-defined policy scoping. In the Ethics theme, policies on specific topics, such as fraud, bribery and conflict of interest, are required. Platinum-standard measures It’s It’s equally important that the actions you take to support your sustainability policies are comprehensive. This means that you should have three to four (or more) measures in place for each of your activated criteria – ideally covering at least 65% of them. To achieve a score of 100 for the ‘measures’ management indicator, you’ll need to show evidence of four or more actions covering more than 65% of your organisation’s activated criteria. You must also demonstrate high levels of Coverage to... --- - Published: 2024-10-13 - Modified: 2025-02-12 - URL: https://nexioprojects.com/going-for-gold-what-does-it-take-to-be-an-ecovadis-top-performer/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English Discover what steps your organisation need to take to achieve an EcoVadis Gold Medal and demonstrate excellence in sustainability management. If your company has already received one or more positive EcoVadis ratings, you may be ready to take your assessment to the next level with an EcoVadis Gold Medal. This is reserved for the top 5% of all companies assessed by EcoVadis in the last 12 months. In 2024, this would mean achieving a score of 73 out of 100 on your EcoVadis Scorecard. To achieve such a high score, you’ll need to meet and exceed the criteria for Bronze and Silver, and take a much more detailed approach to sustainability management. While this can require significant time and investment, it represents an important step forward in facilitating stakeholder engagement and driving progress on your sustainability strategy. Read on to learn what steps you need to take to give your company the best chance of being awarded the EcoVadis Gold Medal.   From EcoVadis Silver to EcoVadis Gold: Understanding your next steps  Given the much stricter criteria associated with the EcoVadis Gold Medal, the key phrase to keep in mind throughout the assessment process is ‘consistent and comprehensive’. If you’re aiming to achieve a Bronze or Silver Medal, it’s not necessary to have complete evidence available for all of the ‘activated criteria’ on your EcoVadis assessment.   However, when going for Gold, it’s important to have relevant evidence for as many of the activated criteria as possible. There is still room for some gaps, but these should not be in the activated criteria most relevant to your business. With this in mind, you should take some time to triage your activated criteria, identify where your evidence gaps are and assess whether they’re in the areas most relevant to your organisation.   For example, if you’re a dairy farm cooperative and you’re lacking evidence to support your biodiversity strategy, it will be important to focus on gathering evidence in this area. Similarly, if you’re in the manufacturing sector, it’s essential to provide sufficient evidence on the development of your company’s health and safety strategy. And don’t forget your supply chain impacts. Adequate evidence of a proactive engagement strategy with suppliers, customers and others is critical for most companies aiming for Gold.   What counts as Gold-standard evidence for the EcoVadis assessment?   Sourcing the right type of supporting evidence to submit with your assessment is vital to achieving the EcoVadis Gold Medal. This material will be used alongside various other methods to assess your sustainability management system. It can include documents such as codes of conduct, sustainability reports, records of recent external audits and training materials. All this material should be sufficiently recent, relevant and complete.   One type of evidence that’s essential to provide if you want to achieve both Gold and Platinum is evidence of effective reporting. Your evidence should demonstrate that you’ve set quantitative goals and have an achievable plan in place for meeting them. Monitor and measure your progress effectively  It’s important to be able to show the frameworks you have in place to monitor your progress.... --- - Published: 2024-10-12 - Modified: 2025-02-12 - URL: https://nexioprojects.com/what-does-it-take-to-achieve-an-ecovadis-silver-medal/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English Is your organisation ready to take the next steps on its EcoVadis journey?This blog explains more about EcoVadis Silver Medal. “A holistic and structured approach is key to achieving the EcoVadis Silver Medal”  EcoVadis is one of the most widely adopted business sustainability rating systems in the world, with over 130,000 companies assessed to date. For the top 35% of these companies, EcoVadis recognises the strength of their sustainability management systems. In our last blog, we discussed what it takes to achieve the EcoVadis Bronze Medal. If you’ve already achieved this, congratulations! Now, it’s time to start your journey to Silver. This represents a significant step up from Bronze, requiring you to demonstrate an even greater commitment to excellence in sustainability management. But with the right preparation and frameworks in place, you can put your organisation in the best possible position to take the next step on your EcoVadis journey. What does it take to achieve an EcoVadis Silver Medal?   Achieving a Silver Medal means your organisation’s assessment score must be in the top 15% of all companies in the EcoVadis database. While EcoVadis does not publish the score threshold percentile on a regular basis, in January the Silver threshold was 64 and in July, 66. Your company’s final score (out of 100) is a weighted average of your scores in the four themes: Environment, Ethics, Labour and Human Rights, and Sustainable Procurement. You must score at least 30 points in each theme to be eligible for a medal. In addition, you may be ineligible for a medal if the EcoVadis 360º Watch programme reveals negative findings about your company.   Developing a future-proof assessment approach  The first thing to know about going for Silver is that it’s likely to require a greater investment in your sustainability management framework than Bronze. The key phrase to keep in mind is ‘structured for success’. As with Bronze, it’s still assumed that there will be room for improvement. However, your organisation needs to be able to demonstrate that you have measures in place to address any significant areas for improvement.   To identify these, it’s helpful to carry out a thorough internal review process before starting the assessment. Pay particular attention to any areas that you feel you haven’t adequately addressed, or that are likely to become more relevant in the coming years. Do you have plans in place to address them? Consider a five-year time horizon to start with, before building up to ten years. Remember, you shouldn’t just target areas where you already have frameworks in place, such as carbon management. EcoVadis covers a comprehensive range of sustainability factors, from employee well-being to biodiversity, so try to cover as many relevant areas as possible when preparing for the assessment.   Developing a joined-up EcoVadis assessment approach  If your organisation doesn’t have a sustainability department, we’d strongly recommend that you appoint an EcoVadis project manager or create a dedicated working group. It may also be worth investigating the possibility of forming a permanent sustainability team to facilitate future assessments. Allocating more resources to the project will help to ensure that all... --- - Published: 2024-10-11 - Modified: 2025-02-12 - URL: https://nexioprojects.com/first-steps-on-your-ecovadis-journey-going-for-bronze/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English Ready to take the first steps on your EcoVadis journey? Read our new blog to find out how to achieve the EcoVadis Bronze Medal. “Achieving an EcoVadis Bronze Medal reflects a strong awareness of your organisation’s social and environmental impacts and a commitment to continuous improvement. ” As discussed in our recent blog, getting rated by EcoVadis can be an important step on your organisation’s sustainability management journey. EcoVadis experts have provided benchmarked sustainability ratings to over 130,000 companies worldwide. And with more and more stakeholders – such as customers and suppliers – requesting information on sustainability management, an EcoVadis rating can also facilitate collaboration.   Based on a comprehensive analysis of your organisation’s sustainability management system, the EcoVadis Scorecard provides a rating on a scale of 1 to 100. Depending on the rating you receive compared to your peers, you may be eligible for one of the EcoVadis medals – A great way to demonstrate your progress in sustainability management. In this blog, we’ll discuss what it takes to achieve the EcoVadis Bronze Medal.   The Bronze Medal: A great way to kick-start your EcoVadis journey  Achieving Bronze often marks the first step on your company’s journey to demonstrating and improving your sustainability management credentials. Companies that score in the top 35% of all those rated over the past year are eligible for the EcoVadis Bronze Medal. In 2024, this would mean achieving a score of 58 or higher on your Scorecard. Companies that score less than 30 in any of the four EcoVadis themes (Environment, Labour and Human Rights, Ethics and Sustainable Procurement) won’t be eligible for a Medal.   Note: some companies are not eligible to receive an EcoVadis badge or medal, including those in the tobacco, arms, and coal and lignite mining sectors.   So, what does it take to achieve EcoVadis Bronze? The assessment covers many aspects of your company’s sustainability management system, including energy consumption, employee working conditions and product end-of-life. Obtaining a high score means that you’ve demonstrated your commitment to implementing responsible practices across many of these factors. However, achieving Bronze doesn’t mean you have to be advanced in all areas of the assessment. In fact, room for improvement is built into the criteria.   What do I need to do to achieve an EcoVadis Bronze Medal? The key characteristic of a company that’s on track to achieve the Bronze Medal is a strong awareness of its social and environmental impacts throughout its value chain. How you demonstrate this will depend on the industry in which you operate, as well as your size and location. These factors determine which of the assessment sub-themes (‘activated criteria’) are considered relevant for your EcoVadis assessment.   Once the activated criteria have been established, it’s time to define roles and responsibilities to simplify the assessment process. Given that the assessment covers many different areas of your business, both internal and external, it’s important to have the right accountability frameworks in place. For example, some companies choose to set up an EcoVadis working group that brings together expertise from across the business. Alternatively, you may choose to appoint a dedicated sustainability... --- - Published: 2024-10-10 - Modified: 2025-02-12 - URL: https://nexioprojects.com/your-guide-to-sustainability-assessment-why-choose-ecovadis/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English Read the new Nexio Projects blog to learn how an EcoVadis assessment can help your company drive transparency, collaboration and action. “The EcoVadis assessment could be the ideal sustainability catalyst for your organisation, driving transparency, collaboration and impactful climate action. ”  Conducting thorough and regular assessments of your company’s approach to sustainability management has become increasingly necessary for modern businesses. And among the many assessment frameworks available to companies, EcoVadis is one of the most widely used, with over 130,000 organisations rated worldwide. Founded in France in 2007, EcoVadis has quickly become an industry reference thanks to the comprehensiveness and rigour of its assessment approach. In fact, it’s fair to say that EcoVadis has been a key driver in the corporate sustainability movement, alongside other household names such as B Corp and the UN Global Compact (UNGC). And as pressure grows on companies to provide more transparent disclosure on a range of environmental, social and governance issues, the importance of EcoVadis will continue to increase. In this blog, we discuss what you need to know about this key sustainability rating framework and the benefits it can bring your business. Understanding the EcoVadis rating system  EcoVadis evaluates your company’s overall sustainability management system, including policies, processes and results achieved. In addition, group-level companies will be assessed on the extent to which measures are implemented across the group. The assessment is structured around four key themes: Environment, Labour and Human Rights, Ethics and Sustainable Procurement. Within these themes, there are a number of sub-themes or ‘activated criteria’ against which your organisation will be measured. Similarly to ‘material topics’ in other reporting frameworks, criteria are ‘activated’ depending on the industry in which you operate and the specifics of your company. Possible activated criteria include energy use and GHG emissions, biodiversity, water use, product end-of-life management and working conditions. For example, for a company that manufactures children’s toys, product end-of-life would be one of the activated criteria in its assessment. However, for a service-based company providing IT support, product end-of-life wouldn’t be so relevant. This targeted assessment approach ensures that only the meaningful impacts are taken into consideration. Get to know the EcoVadis scoring methodology  For each of your organisation’s activated criteria, three main ‘management layers’ are considered in the assessment: Policies, Actions, and Results. Within these layers, there are seven ‘management indicators’: Policies, Endorsements, Measures, Certifications, Coverage (deployment of actions), Reporting and 360º Watch findings. This ensures comprehensive coverage of your company’s sustainability management system.   How does EcoVadis assess your company?   for each of the activated criteria. This may include policy and procedure documents, records of third-party audits, annual reports and KPI dashboards. The EcoVadis experts then analyse whether the submitted documents constitute sufficient evidence and to what extent they demonstrate the strength of your sustainability management system. Following the document analysis process, you’ll receive a score for each management indicator, which contributes to your overall score in each sub-theme. It’s important to ensure that all documents submitted meet the EcoVadis document standards, i. e. they should be official, relevant and up to date. Also, bear in mind that external sources can... --- - Published: 2024-09-19 - Modified: 2024-09-27 - URL: https://nexioprojects.com/abn-amro-on-csrd-tips-for-a-streamlines-reporting-process/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English Master CSRD reporting with insights from ABN AMRO's experts for streamlined processes and impactful sustainability strategies. “By performing your double materiality assessment, you get a really good overview of the impact you have as an organisation. ”Roza Wegkamp, EU Taxonomy and CSRD Business Analyst at Dutch Bank ABN AMRO For many companies across Europe, the road to compliance with the EU’s Corporate Sustainability Reporting Directive (CSRD) is well underway. However, as the first group of companies prepare to disclose on 2024 data, getting to grips with the practicalities of this legislation remains a challenge. Our CEO Marc Roodhuyzen de Vries moderated the latest episode in our series of expert-led webinars on this topic, joined by two experts with unique perspectives to share: Roza Wegkamp, EU Taxonomy and CSRD Business Analyst at Dutch bank ABN AMRO, and our very own Camilla Morandi, CSRD Expert. Check out the full webinar recording here. CSRD reporting: From complexity to practicality As a key player in shaping the CSRD strategy for one of the largest banks in the Netherlands, Roza is well-versed in the complexities of compliant reporting. “What’s very exciting about the CSRD – which also makes it challenging – is it’s scale,” she says. “It covers so many areas and leaves plenty of room for interpretation. ” This combination of breadth and precision makes it essential to implement a joined-up reporting approach. One that takes into account the perspectives of all stakeholders. That’s why internal collaboration is so important. “When you’re carrying out the identification of impacts, risks and opportunities, it’s really helpful to have someone who has a full overview of the business,” says Camilla. “However, it’s also very important to have a range of stakeholders from all departments, as well as the Works Council, represented in the double materiality assessment and reporting. ” This cross-functional approach not only ensures more representative reporting but also streamlines the sharing of knowledge and skills, which can be a vital asset on your reporting journey. Internal and external collaboration: A strategic catalyst One challenge that often arises in the context of CSRD is the need to adopt a standardised approach to reporting on non-financial topics – such as carbon emissions, biodiversity and workers in the value chain. Bringing together complementary skillsets can be a great help. “On the one hand, the sustainability department has deep expertise in impact assessing impact, stakeholder engagement and setting strategic objectives,” Roza continues. “On the other, the finance department is ideally placed to bring data-driven rigour to the reporting process. ” Combining these methodologies is critical to enabling the high levels of standardisation and transparency required for CSRD reporting. In addition to internal collaboration, working closely with external stakeholders is key to developing your reporting approach. “Much of the information that you’ll need won’t be available within your organisation but elsewhere in the value chain,” adds Roza. “This can be challenging, especially if your value chain partners aren’t subject to the CSRD themselves, and so aren’t obliged to collect the data you may need. ” One way to tackle such issues is to look outside your... --- - Published: 2024-09-02 - Modified: 2024-09-27 - URL: https://nexioprojects.com/b-corp-or-ecovadis-what-is-the-best-choice-for-your-company/ - Categories: Uncategorized - Tags: B Corp, EcoVadis, Sustainability strategy - Tags: English Discover if B Corp or EcoVadis aligns best with your goals in our detailed guide on sustainability certifications. "When deciding which sustainability rating or certification standard is right for your company, the most important factor is how it will contribute to your strategic goals. ” Facing increased scrutiny from regulators, stakeholders, and customers, more and more companies are under pressure to demonstrate tangible progress in their sustainability commitments. One effective way is to pursue certification according to a recognised sustainability standard. Given the financial and time investment of certifications, it’s important to choose your certification pathway carefully. This blog will give you an overview of the two most popular options – EcoVadis and B Corp – breaking down the decision-making process and outlining the practicalities of certification. B Corp and EcoVadis: What are the similarities? Document-based assessment Both assessment methodologies require companies to provide comprehensive documentation of their sustainability practices. Both also use tailored questionnaires based on factors such as industry, company size and number of full-time employees.   Continuous improvement In addition, continuous improvement and an ongoing commitment to sustainability are essential to both methodologies. For example, certified B Corps must be re-certified every three years to maintain their status. Meanwhile, EcoVadis assessments are typically conducted annually to verify companies’ progress towards their sustainability goals.   What are the key differences between B Corp and EcoVadis? Reach EcoVadis is one of the most widely used corporate sustainability ratings, with more than 130,000 companies assessed worldwide. However, there are only around 9,000 B Corps globally. This is partly due to differences in scope and eligibility between the different standards.   Accessibility Put simply, companies in a wider range of industries are eligible for an EcoVadis rating. B Corp certification, on the other hand, is more restricted due to the standard’s specific industry risk considerations. In addition, a company must score a minimum of 80 points on the assessment to become a B Corp, while EcoVadis operates a tiered approach. Bronze, Silver, Gold and Platinum medals recognise different levels of sustainability progress.   Scope of the assessment The main difference between B Corp and EcoVadis is in the focus of the assessment. EcoVadis evaluates a company’s sustainability management system, while B Corp assesses a company’s sustainability impact through the lens of its operations and business model. Moreover, B Corp certification requires companies to incorporate a specific addendum into their articles of association. This states that the company considers the interests of the environment, society and financial performance equally. This helps to protect the company’s mission as a force for good even after organisational changes.   Impact Business Models EcoVadis primarily assesses a company's existing policies, measures and reporting practices. In contrast, B Corp offers a more comprehensive assessment of a company's overall social and environmental impact through its Impact Business Model (IBM) approach. The IBM analysis goes deeper by identifying and evaluating how a company is structured to deliver specific positive social or environmental outcomes.   Already have an EcoVadis rating? It may be time to consider B Corp certification If your organisation already has an EcoVadis rating, B... --- - Published: 2024-08-21 - Modified: 2024-09-27 - URL: https://nexioprojects.com/best-practices-to-accelerate-your-ecovadis-journey/ - Categories: Uncategorized - Tags: EcoVadis, Sustainability strategy - Tags: English Discover best practices to accelerate your EcoVadis journey and embed sustainability at your core. "EcoVadis is more than just a rating. It's a tool for driving continuous improvement and embedding sustainability into the core of your business. "  With growing stakeholder scrutiny around environmental transparency, organisations increasingly seek ways to demonstrate their sustainability credentials. EcoVadis is recognised as one of the most trusted rating systems in the industry – with more than 143,000 companies rated worldwide. However, navigating the submission process can be challenging, especially for those new to the system. To help bring clarity to your EcoVadis journey, we’re sharing insights from two of our Platinum-rated clients: Tosca and CIRFOOD. Discover best practices for EcoVadis success The EcoVadis assessment provides organisations with a comprehensive evaluation of their sustainability initiatives, as well as a clear action plan for further improvement. But if you’ve never undertaken an EcoVadis assessment before, the process can seem daunting: how many questions will you have to answer? What information will you need to prepare? How can you optimise your score? To answer these questions, and more, we recently held a webinar with Tosca and CIRFOOD to explore how the EcoVadis process worked for them. Below you can read more about key takeaways from our recent EcoVadis webinar and common challenges in the assessment process. About our Platinum-clients First, a little background on our clients. Tosca is a leading provider of reusable packaging solutions, focusing on the development of innovative and eco-friendly containers designed specifically for perishable goods. By prioritising sustainability, they help retailers, growers and suppliers minimise waste and improve efficiency throughout their supply chains. CIRFOOD is an Italian cooperative specialising in food service and catering, dedicated to providing high-quality, sustainable meals to schools, hospitals and businesses. By promoting healthy eating habits and sustainable practices, CIRFOOD actively contributes to the well-being of the communities it serves, ensuring a positive impact on both health and the environment. Here’s what these companies have learned from the EcoVadis rating process. Common challenges in the assessment process The EcoVadis assessment is a rigorous process that requires the involvement of many stakeholders across the organisation. It’s therefore no surprise that preparing for an assessment can be a lengthy process, often requiring a dedicated project team. Indeed, from data collection to stakeholder alignment and policy development, both Tosca and CIRFOOD faced their fair share of challenges along the way. But what enabled the teams to persevere was a clear focus on their strategic foundations as well as their commitment to ongoing improvement. Strategic alignment: The first step on your EcoVadis journey Often, the biggest obstacle to embarking on your EcoVadis journey is getting key decision-makers on board. Securing management buy-in is critical, and demonstrating the commercial benefits can greatly facilitate this process. It’s therefore important to have all the facts so that you can educate key stakeholders on the value of an EcoVadis rating. For example, the EcoVadis assessment can be used as a valuable customer engagement tool. This was the case for Tosca, which had received several requests from customers for information about its... --- - Published: 2024-08-18 - Modified: 2025-02-12 - URL: https://nexioprojects.com/what-are-scope-3-greenhouse-gas-emissions/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English This article will help you understand Scope 3 emissions and what it means for your business “Understanding Scope 3 emissions is vital for any company that’s serious about reducing its environmental impact. ” For many European companies, accurately measuring greenhouse gas (GHG) emissions will soon be a legal requirement under the EU’s Corporate Sustainability Reporting Directive (CSRD). In addition, effective emissions reduction strategies are becoming increasingly important to maintain competitiveness in a market where customers and value chain partners expect transparent and environmentally responsible practices. However, to support corporate sustainability efforts, it’s important to understand the sources of your organisation’s greenhouse gas emissions. In the previous article in this series, we explored Scope 1 and Scope 2 emissions as defined by the GHG Protocol. In this article, we discuss the challenges and benefits of measuring and reporting Scope 3 emissions, and the best practices for calculating them. What’s the difference between Scope 1, 2 and 3 emissions?   Scopes 1 and 2 relate to emissions generated by sources owned or controlled by your company. Scope 3, on the other hand, covers all indirect emissions that occur throughout a company’s value chain but are not under its direct control. This can include, for example, supplier operations, product use by customers and employee commuting. These types of emissions are often the largest contributors to a company’s carbon footprint, accounting for around three-quarters of corporate emissions. 1 Do you need to report on your Scope 3 emissions?   Under the CRSD, companies that are required to report on Scope 1 and Scope 2 emissions by 2026 will not have to report on Scope 3 emissions until 2027. However, they will be allowed to provide limited assurance only until 2029. After this point, reports must provide reasonable assurance for all Scopes. This extended deadline reflects the complexity associated with measuring Scope 3 emissions. While measuring them takes considerable effort, understanding your Scope 3 emissions is essential for any company that’s serious about reducing its environmental impact. Mapping your Scope 3 emissions: Where to start?   Creating a carbon inventory that provides a detailed account of the emissions generated by your business is an essential step in effectively managing Scope 3 emissions. This starts with establishing a baseline year – a reference year against which future emissions reductions will be measured. This baseline year should be chosen carefully to reflect typical business operations. The data from this year must be reliable, and in cases where significant operational changes occur, such as mergers, it may be necessary to recalculate the baseline. Once the baseline is set, emission factors are used to calculate the amount of GHG emissions generated. An emission factor is a rate that indicates the amount of GHGs emitted per unit of activity, such as fuel consumption or product manufacture. Choosing the right way to apply emission factors is critical to the accuracy of your carbon inventory.   Check out our previous blog to learn more about emission factors.   Using emission factors to calculate your carbon footprint  When it comes to calculating your organisation’s Scope 3 emissions, there are... --- - Published: 2024-08-17 - Modified: 2025-02-12 - URL: https://nexioprojects.com/understanding-scope-1-and-2-greenhouse-gas-emissions/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English Read more to understand Scope 1 and 2 emissions and what they mean for your company “Mapping your organisation’s Scope 1 and 2 emissions is an essential step on your sustainability journey – both from a compliance perspective and as a catalyst for impactful climate action. ” A holistic assessment of your organisation’s carbon footprint requires you to identify the precise source of your greenhouse gas (GHG) emissions. Specifically, whether they’re generated by company-owned assets or sources in your wider value chain. But with many potential sources to consider, getting clarity on the exact origin of emissions is essential to moving forward on your sustainability journey. There are three distinct emissions ‘Scopes’, as defined by the Greenhouse Gas (GHG) Protocol: Scope 1 (direct emissions from owned sources), Scope 2 (indirect emissions from energy generation) and Scope 3 (other indirect emissions). Read on to find out how to efficiently measure and report your Scope 1 and 2 emissions. To learn more about Scope 3 emissions, read our next article. Why do you need to measure your company’s carbon footprint? As businesses face calls for more transparency on their environmental impacts, it’s essential to have an effective emissions inventory. This allows you to provide transparent climate disclosures and comply with legislation such as the EU’s Corporate Sustainability Reporting Directive (CSRD). It also enables you to identify emission hotspots so you can optimise your operations and continually reduce GHG emissions. Scope 1 and 2 emissions tend to be easier to measure than Scope 3 because they come from sources directly owned or controlled by your company. Typical Scope 1 emission sources include offices, factories, company vehicles and on-site fuel combustion. Scope 2 refers to emissions caused by the generation of energy purchased by your company. In this definition, ‘energy’ refers to electricity, heat, steam or cooling. Although these emissions are generated by the utility provider, they’re still part of your company’s carbon footprint. What’s the best way to calculate Scope 1 and 2 emissions? The data needed to calculate your Scope 1 and 2 emissions can often be found in your company’s own operational and financial records. For example, you can calculate the GHG emissions associated with your on-site fuel combustion by multiplying the amount of fuel used by the appropriate ‘emission factor’. ‘Emission factors’ refer to the tonnes of carbon dioxide equivalent (tCO2e) emitted by a particular source (find out more in our article on carbon footprinting). Note that tCO2e encompasses many different greenhouse gases besides CO2, including methane, nitrous oxide and fluorinated gases. To ensure high-quality carbon footprint calculations, it’s important to select the most relevant and up-to-date emission factors for each source. You should also carry out regular quality control checks to ensure that your data collection and calculation processes are producing representative results. How can a carbon management accounting platform simplify the footprinting process? Given the wealth of data and detail involved in carbon footprinting, the process can quickly become overwhelming. A great way to consolidate data and streamline calculations is to use a carbon accounting platform. These digital services can help you implement a more... --- - Published: 2024-07-01 - Modified: 2024-09-27 - URL: https://nexioprojects.com/strengthening-your-dei-reporting-strategy/ - Categories: Uncategorized - Tags: CSRD and reporting, Sustainability strategy - Tags: English Enhance your DEI reporting strategy with comprehensive data and align with key frameworks for transparency and accountability. Transparency is essential in today’s corporate landscape, especially for Diversity, Equity, and Inclusion (DEI) reporting. This article outlines steps to enhance your DEI reporting strategy, ensuring it aligns with regulatory requirements and stakeholder expectations. For a deeper dive into the topic, download our free comprehensive guide. A new era of DEI transparency Trust is fundamental to creating a thriving corporate culture and building a positive reputation. In an era where transparency and social consciousness are highly valued, organisations must prioritise comprehensive DEI reporting. New laws, such as the EU's Corporate Sustainability Reporting Directive (CSRD), now mandate companies to report on social issues. These issues include working conditions, employment practices, and diversity in the workplace. Additionally, the Global Reporting Initiative (GRI) has included human rights information in its disclosures. Companies are now under pressure to back their DEI strategies with comprehensive, verifiable, and comparable data. Currently (based on a US study):  only 26% of organisations analyse hiring outcomes by race or ethnicity;  33% consider these factors in promotion rates;  only 36% analyse attrition rates by race or ethnicity. Trends in DEI reporting Global trends in DEI reporting emphasise standardising metrics through frameworks like GRI and SASB, increasing regulatory requirements, and enhancing transparency and accountability. Companies are focusing on intersectionality, leveraging technology for analytics, and integrating DEI goals into business strategies.   Key trends also include employee engagement, balancing global and local approaches, longitudinal reporting, and broad stakeholder engagement. Strengthening your DEI reporting Organisations should establish a systematic reporting framework that reflects their DEI maturity level to effectively communicate their efforts. Follow the steps below to build a solid foundation for more effective DEI reporting. This will help to drive meaningful change and promote a more inclusive environment. Step 01 / Define your reporting scope and objectives Identify specific DEI areas relevant to your organization, such as gender equality, racial diversity, or inclusive workplace practices.   Decide which demographic groups to include in your report, such as gender, age, race, disability, and LGBTQ+ status.   Create a core group within the organization to define DEI objectives, making sure to reflect various perspectives.   Step 02 / Collect and analyze data Implement secure data collection methods to ensure privacy and accuracy.   Analyze the data to identify trends, gaps, and areas for improvement, enabling benchmarking and progress measurement.   Step 03 / Communicate findings and take action Transparently share insights with stakeholders through visuals and reports.   Develop and implement action plans based on findings to address DEI gaps and promote inclusivity.   Regularly review and update these plans to ensure accountability.   Compliant or leading: The next steps on your DEI journey Knowing what to focus on for your DEI reporting depends on your material topics and goals for the report. Organizations find themselves at different points along the sustainability maturity curve. For the sake of comprehension, this article simplifies the approach on two levels: compliance and best practice. Compliant This level focuses on meeting minimum regulatory requirements. Examples include:  Implementing a... --- - Published: 2024-06-24 - Modified: 2024-09-27 - URL: https://nexioprojects.com/navigating-the-csddd-what-businesses-need-to-know/ - Categories: Uncategorized - Tags: CSRD and reporting, Sustainability strategy - Tags: English Discover how the CSDDD reshapes sustainability and human rights diligence for EU businesses. Get essential insights and compliance timelines now! The Corporate Sustainability Due Diligence Directive (CSDDD) represents a significant shift in how large companies operating in the EU approach sustainability and human rights due diligence. With the directive recently adopted by the Council of the European Union, businesses must prepare to comply with its rigorous requirements. This article provides a high-level overview of the key aspects of the CSDDD. Download the FAQ document that shares detailed answers to questions such as: How will the CSDDD impact SMEs in the supply chain?   What is the CSDDD and what is its purpose?   Who must comply with the CSDDD?   What is the timeline of the CSDDD?   By when will affected companies have to comply with the CSDDD?   What are the main requirements of the CSDDD?   What is the scope of the CSDDD in terms of the value chain?   What will affected companies have to do to comply with the CSDDD?   What are the consequences of non-compliance?   What are the synergies between the CSDDD and the CSRD?   How does the CSDDD compare to the “Loi sur le devoir de vigilance” and the “LsKG”?   Who must comply? The CSDDD applies to both EU and non-EU companies that meet specific criteria for two consecutive years, based on their financial statements. This includes:  EU Companies: With over 1000 employees and a net worldwide turnover exceeding €450 million, or parent companies of groups meeting these thresholds.   Non-EU Companies: With more than €450 million in net turnover generated within the EU, or parent companies of groups meeting these thresholds.   Certain regulated financial undertakings, such as Alternative Investment Fund Managers (AIFs) and Undertakings for Collective Investment in Transferable Securities (UCITS), are excluded from the CSDDD.   Purpose and scope The CSDDD mandates large companies to conduct thorough due diligence to identify, assess, prevent, mitigate, and remediate negative impacts on people and the planet stemming from their operations. This directive aligns with increasing societal demands for transparency regarding the consequences of economic activities and aims to create a level playing field within the EU.   Key requirements Companies subject to the CSDDD will need to:  Integrate due diligence into their policies and risk management systems.   Identify and assess actual or potential adverse impacts.   Prevent and mitigate potential adverse impacts and address actual adverse impacts.   Engage meaningfully with stakeholders.   Monitor and report on their due diligence activities annually.   Develop and implement a climate transition plan in line with the Paris Agreement.   Value chain scope Timeline and compliance The CSDDD has set a clear timeline for compliance:  2027: Companies with over 5000 employees and a net turnover of over €1500 million.   2028: Companies with over 3000 employees and a net turnover of over €900 million.   2029: All other companies covered by the directive.   Implications for SMEs Although SMEs are not directly in scope, they may be indirectly affected as contractors or subcontractors.  Companies in the scope of the CSDDD must support their SME partners in capacity-building, training, and financial assistance to comply with due diligence... --- - Published: 2024-06-18 - Modified: 2024-09-27 - URL: https://nexioprojects.com/what-you-need-to-know-to-complete-your-cdp-questionnaire/ - Categories: Uncategorized - Tags: Climate risk and CDP reporting - Tags: English Navigate CDP disclosure to meet sustainability needs, attract funding, and assess environmental impacts with our 2024 questionnaire guide. "Disclosure through CDP can help your company navigate contractual requirements and supplier sustainability assessments, as well as attract new sources of funding. " In June 2024, the new CDP questionnaire, covering climate change, water and forests, opened for submissions. With more than 24,000 organisations disclosing their environmental impacts in 2023, this influential standard continues to grow in scope. The latest iteration of the corporate questionnaire promises to be the most wide-ranging yet, bringing together complex issues such as biodiversity and plastic pollution into one dataset. But for those preparing for their first disclosure, or unsure about this year’s update, starting the submission process can be daunting. To give you an overview of what to expect, we’ve put together a detailed guide to the CDP assessment. Read on to learn more about this key disclosure system and how it can support your company’s sustainability management strategy. What is CDP? Formerly known as the Carbon Disclosure Project, CDP is a not-for-profit organisation that aims to facilitate environmental reporting for both companies and other entities such as cities, states and regions.   Its vision? ‘Building a sustainable economy by measuring and acting on environmental impact’. Since its inception in 2000, the organisation has pioneered an approach to environmental reporting that brings together investors and organisations – as well as customers and suppliers – to enable transparent and comprehensive disclosures. CDP in 2024 Since its launch in 2000, CDP has continued to grow in popularity. In 2023, 23,000 companies disclosed through CDP, a 24% increase from 2022, and 313% more than when the Paris Agreement was signed in 2015. And more and more organisations are turning to the CDP assessment, considered by many to be the gold standard in climate reporting. In addition, increasing numbers of investors and customers around the world are requesting environmental data from their business partners. This year, 75,000 companies have been asked to disclose their environmental impacts through the CDP platform. This reflects a growing awareness of third-party environmental risks in the corporate world, as organisations seek to align with global initiatives such as the Paris Agreement, the Race to Zero campaign and the Science Based Targets initiative. So, as we look ahead to the new disclosure season, here are the key facts you need to know to get started on your CDP reporting journey. Benefits of CDP disclosure Gain a competitive advantage The business case for sustainability is now well established, with CDP research showing that climate change leaders outperform the market by an average of 5. 8% per year. Indeed, a well-integrated sustainability strategy can deliver significant benefits, including operational efficiencies and lower costs.   Meanwhile, according to 86% of companies surveyed by CDP, ‘protecting and improving the reputation of my organisation’ is a key benefit of disclosure. Transparent reporting can therefore help stakeholders make better-informed decisions on whether to work with or buy from your company. In addition, the majority of companies responding to a 2023 CDP survey said that completing the assessment had enabled them... --- - Published: 2024-05-30 - Modified: 2024-09-27 - URL: https://nexioprojects.com/making-sense-of-the-sustainability-reporting-landscape/ - Categories: Uncategorized - Tags: B Corp, CSRD and reporting, EcoVadis, Sustainability strategy - Tags: English Navigate the ESG reporting tools to enhance transparency and align with sustainability goals. Discover standards, frameworks, and certifications. If you have had your eye on the sustainability and ESG (Environmental, Social and Governance) landscape in recent years, there is no doubt that you have seen a proliferation in the number of instruments available to report and communicate your performance, risk and management. Similarly, while communicating on sustainability was once a largely voluntary process, more and more mandatory requirements are cropping up—and with them, mandated reporting instruments.   Navigating through the various sustainability tools available for reporting or communicating performance can be daunting—especially if the choice of which to use is your own decision, and not dictated by legislation or other reporting requirements. Therefore, before deciding which ones to make use of, it's important to get a good look at the landscape of available options.   Let’s take a moment to categorise the landscape, and deep dive into some of the biggest names—many of whom you might have already heard of. Classifying these tools into distinct categories provides insight into their overarching purpose and functionality.   Standards Sustainability reporting standards are precisely defined guidelines and requirements for reporting, and usually are provided by a recognised authority. Standard-setters ask for very specific metrics for companies to report, and in the world of sustainability reporting, standards are generally regarded as the most thorough instruments available. The objectives of the standards is to generate comparable information for investors and other stakeholders alike. And in essense, this is what sustainability reporting standards are all about; establishing a shared language and standardised information system for ESG as well as enabling stakeholders to assess sustainability performance, management, and risk across organisations. Some of the most prominent sustainability standards include: The Global Reporting Initiative (GRI) sustainability reporting standards A globally applicable standard for reporting on the impact side of materiality. The most widely-used sustainability standards internationally, which are mainly used voluntarily by organisations. For a more extensive breakdown, you can read here. The European Sustainability Reporting Standards (ESRS) The newly implemented standards for mandatory reporting in the European Union, as part of the Corporate Sustainability Reporting Directive (CSRD). Organisations will start reporting to these in 2025. The IFRS sustainability reporting standards Published in 2023, S1 and S2 set of standards focuses specifically on the financial impact of sustainability issues on an organisation, leveraging the structure of the Task Force for Climate-related Financial Disclosures (‘TCFD’) framework.  These standards are therefore mainly risk-focused—looking at the financial risk that a sustainability issue could or will pose to an organisation.  Several jurisdictions globally (for example, Australia, China, Japan etc) are adopting this standard or building upon it to create their own set of mandatory financial reporting requirements on sustainability matters. International Organization for Standardization (ISO) issued standards These standards cover a wide variety of topics, even beyond sustainability. However, sustainability-specific standards could include ISO 14001 for environmental management systems, ISO 50001 for energy management systems, and ISO 45001 for health and safety.   Unlike the others, the ISO Standards come with a verification statement that "certifies" the reporting organisation or product. The ISO Certification involves a detailed evaluation of a company's processes and systems across specific areas such as quality management, environmental management, information security,... --- - Published: 2024-05-27 - Modified: 2024-09-27 - URL: https://nexioprojects.com/will-the-csrd-be-a-catalyst-for-corporate-climate-action/ - Categories: Uncategorized - Tags: CSRD and reporting, Net zero and decarbonisation - Tags: English Discover how the EU's CSRD can ignite corporate climate action and inspire decarbonisation efforts in large companies. "Many companies are still unclear about how they’ll achieve climate neutrality and meet the expectations of the Paris agreement by 2050, but the EU’s CSRD serves as a strategic catalyst to structure and inspire their decarbonisation efforts. ” The European Union’s Corporate Sustainability Reporting Directive (CSRD) introduces stringent reporting requirements for large companies in the EU, compelling them to disclose their transition plans towards climate neutrality. Specifically, the European Sustainability Reporting Standard (ESRS) E1 Climate Change Standard requires companies to disclose their emission reduction targets and detail how they align to limit global warming to 1. 5°C. However, for the many companies still unclear on how exactly they will achieve this ambitious target, the new regulation serves as a wake-up call. And with increased stakeholder pressure – whether from investors, rating agencies, customers or suppliers – the transparency and oversight unlocked by the CSRD promises to kickstart even the most reluctant into action. Below, find an overview of how the CSRD can help inspire and structure companies’ decarbonisation efforts, becoming a key strategic catalyst for change. The CSRD: a transparent, harmonised reporting approach to decarbonisation Here are a few ways CSRD connects with your decarbonisation journey: Strengthened corporate sustainability reporting requirements  The CSRD requires large companies and publicly listed firms in the EU to provide detailed information on how they operate and manage social and environmental challenges, including decarbonisation efforts.  Companies must report on their carbon emissions and reduction targets and the strategies to achieve them. Increased transparency and accountability The high level of transparency required to comply with the CSRD ensures that all stakeholders are informed about the sustainability practices of reporting companies.  They must provide accurate and verified data on their emissions, holding them accountable for their contributions to climate change and their efforts to reduce emissions. Standardised reporting  The CSRD aims to harmonise sustainability reporting standards across the EU, with companies required to use standardised metrics for reporting their greenhouse gas emissions. This will make it easier to compare companies’ decarbonisation efforts, giving stakeholders a clearer view of their progress – and enabling them to make more informed choices. Risk management and financial implications Under the CSRD, companies must disclose climate-related risks and opportunities, including how these factors impact their business models and financial performance. This may encourage companies to accelerate decarbonisation, which is key in mitigating such risks. In addition, by linking sustainability and financial reporting, the CSRD ensures that companies consider the financial implications of their decarbonisation strategies – such as the costs of transitioning to low-carbon technologies and the potential for stranded assets. Corporate strategy and governance The CSRD helps ensure that decarbonisation becomes a core of corporate strategy and governance. The standards require companies to demonstrate how their sustainability efforts, including emissions reductions, are integrated into their business strategy. They must also describe the role of the board and senior management in overseeing climate-related issues and decarbonisation efforts, thereby promoting stronger governance and leadership accountability. Stakeholder engagement Under CSRD, companies must demonstrate how they engage with stakeholders, including employees, investors, and the community, on issues related to decarbonisation and sustainability. This transparency allows stakeholders to hold companies accountable for their environmental impacts, encouraging them to adopt more ambitious decarbonisation targets. Innovation and competitiveness... --- - Published: 2024-04-04 - Modified: 2024-09-27 - URL: https://nexioprojects.com/unveiling-the-true-cost-of-greenwashing/ - Categories: Uncategorized - Tags: CSRD and reporting, Product sustainability, Sustainability strategy - Tags: English Discover the hidden dangers of greenwashing and its costly impact on business reputation and sustainability ethics. Amidst the growing wave of sustainability initiatives, there is an alarming rise in greenwashing practices that cannot be ignored. Recent reports have shed light on this concerning trend, revealing how some organisations are resorting to deceptive claims to bolster their environmental image. In a world where staying abreast of ever-evolving sustainability expectations is paramount, businesses face the temptation to take shortcuts. Greenwashing appears as a convenient fix, promising quick and affordable solutions to navigate the complexities of sustainability. However, as we delve into this article, we will uncover the far-reaching consequences that greenwashing poses to businesses and discover why the allure of this shortcut may lead to costly pitfalls. What is Greenwashing? The European Supervisory Authorities identify greenwashing as the practice where sustainability-related statements, declarations, actions, or communications do not clearly and fairly reflect the actual sustainability profile of an organisation, product, or service.   Simply put, greenwashing is the practice of falsely inducing consumers to believe that an organisation’s sustainability efforts are more solid than what they are, without substantiation. The EU Commission in 2021 found that almost half of online corporate environmental claims are misleading or likely to be false. Additionally:  53% of green claims give vague, misleading, or unfounded information;  40% of claims have no supporting evidence;  50% of green labels offer weak or non-existent verification;  There are 230 sustainability labels and 100 energy labels in the EU, with vastly diverse levels of transparency. Similarly, the Corporate Climate Responsibility Monitor (2022)  released by the New Climate Insititute found that the climate pledges of 25 of the world’s largest corporations lack integrity and are not backed by thorough action plans. While these findings undermine faith in corporate environmental messaging, organisations are now more than ever, being confronted with the repercussions of opting for shortcuts in their sustainability claims. Let us explore some of these consequences.   The true cost of greenwashing  Cases of greenwashing that present corporate risks have risen to 1 in 4, up from 1 in 5 in 2022.  These risks continue to be unveiled as corporate sustainability matures. Let us explore some of them.   Legal implications The climate change litigation database shows that there have been over 2300 climate change-related lawsuits. In the last decade, cases of greenwashing have led to a loss of billions of euros in fines, with the highest being 31. 1 billion euros by Volkswagen in 2020. Reasons for some of the fines include: Delay in sharing emissions reports; False ‘greener’ marketing Failing to follow ESG (Environmental, Social & Governance) investment policies Making unsubstantiated claims on labels Anti-greenwashing legislation around the world Across the world, several countries are unveiling anti-greenwashing legislation to protect consumers and the environment. Let's have a look at a few:  European Union (EU)  EU Parliament endorsed a provisional agreement for a new Greenwashing Directive at the beginning of 2024. The Directive sets stringent rules around green claims, environmental labels, and goods' early obsolescence. The aim is to protect consumers from greenwashing and promote a circular and green EU economy. Some key highlights of the regulation include: General Environmental Claims Now... --- - Published: 2024-03-18 - Modified: 2024-09-27 - URL: https://nexioprojects.com/all-you-need-to-know-before-hiring-a-sustainability-manager/ - Categories: Uncategorized - Tags: Outsourced sustainability management, Sustainability strategy - Tags: English Hire a Sustainability Manager to lead effective green initiatives and boost your company’s impact, reputation, and bottom line. In recent years, there has been a rise in the trend of organisations committing to sustainable business practices.  7,500 companies have committed to reducing their carbon footprint based on scientific targets, and nearly one-third of Europe's most prominent public companies have pledged to achieve net-zero carbon emissions by 2050. This positive trend can be traced to increased stakeholder and regulatory pressure. While some organisations are engaging to meet compliance requirements, others have found that integrating sustainability into their business strategy provides tangible value. However, whether your organisation is looking to be sustainable for compliance reasons or as part of your values, integrating sustainability into core business operations can be a complex and challenging task. Many companies need more internal expertise, resources, or dedicated time to implement and manage their sustainability efforts effectively. Trying to implement sustainability efforts without requisite knowledge or resources can lead to unintentional consequences such as the risk of greenwashing and incorrectly linking sustainability and business strategy. Doing the latter could mean that sustainability is not properly integrated into the business, minimising the potential financial results and positive impact a well-drawn and implemented sustainability strategy could have delivered.   This is where a Sustainability Manager comes in. Sustainability Managers can guide businesses through the complex sustainability landscape and help them achieve numerous benefits. The number of companies appointing a Chief Sustainability Officer (CSO) is rising rapidly: in 2021, more CSOs were hired than in the previous five years combined. But who exactly is a Sustainability Manager, and what do they do? This will be the focus of this article.   What is the role of a Sustainability Manager? A Sustainability Manager is a professional who leads and oversees a company's sustainability initiatives. Sustainability Managers work across various departments, collaborating with internal stakeholders to identify opportunities to minimise environmental impact, promote social responsibility, and ensure economic viability.   Key challenges a Sustainability Manager addresses Boosting sustainability transformation Skilled and committed Sustainability Managers are essential for successfully implementing an economy that aligns with societal needs and planetary boundaries.  They can make a real impact by connecting the dots across an organisation, boosting the sustainability transformation. Introducing new initiatives can be difficult, particularly when employees are accustomed to existing practices. Such situations can create resistance to change. To ensure success, it is vital to effectively communicate the benefits of new sustainability initiatives and persuade employees to support the change. This is where a Sustainability Manager plays a crucial role. They can raise employee awareness and develop strategies to encourage an active approach towards achieving sustainability goals. Environmental, Social, & Governance impact A Sustainability Manager integrates sustainability principles into decision-making processes and embeds them into corporate governance. Doing so demonstrates an organisation's commitment to long-term value creation and ethical business practices. While the board of directors plays a crucial role in overseeing sustainability performance, a Sustainability Manager can support them by providing relevant information and recommendations and ensuring sustainability is integrated into the organisation's strategic planning process. What makes having a dedicated individual effective... --- - Published: 2024-02-13 - Modified: 2024-09-27 - URL: https://nexioprojects.com/redefining-business-success-the-case-for-b-corp-certification/ - Categories: Uncategorized - Tags: B Corp - Tags: English Unlock business success with B Corp certification, paving the way for sustainability and strategic growth. To B or Not to B, is the question for sustainability managers and organisations looking for ways to showcase their commitment to sustainable practices. Amidst a landscape of increased environmental consciousness and regulatory pressures, businesses are now more than ever under pressure to improve their sustainability practices and communicate them. Simultaneously, the rise of Environmental, Social, and Governance (ESG) criteria in investment decisions underscores a growing trend, wherein capital is increasingly channelled towards businesses with a strong commitment to sustainability. With increased scrutiny often comes increased complexity. The array of stakeholder expectations, regulatory pressures and duplicity of disclosures has led to significant burden and confusion in the sustainability landscape. While we have offered some insights to help you understand the sustainability landscape in our previous article, this piece will specifically focus on the B Corp Certification: what is it about and why you should consider it for your organisation. If you want to dive deeper in the topic and learn more about the certification process, we have shared insights in this article. What is the B Corp certification? "B Corporation" is the designation for the certification demonstrating a business’ high standards of verified performance, accountability, and transparency. B-certified corporations ensure: A high social and environmental performance. A legal commitment to changing the company’s corporate governance structure to be accountable to all stakeholders. Transparent disclosure of the company’s performance measured against B Lab’s standards. B Lab, launched in 2006, is the non-profit organisation behind the B Corp certification, ensuring that the assessment is up-to-date and rigorous. This assessment-based certification measures companies to a high standard of social and environmental performance, making it unique in the landscape of global certifications. Beyond ethical considerations, obtaining B Corporation status proves a strategic move with tangible commercial gains. B Corps, exemplified by industry leaders like Patagonia and Etsy, capitalise on this trend, enjoying a market advantage. What are the benefits of becoming a B Corp? Competitive advantage Embracing sustainability as a growth strategy In an era of "greenwashing" and misleading labels, Certified B Corporations serve as reliable markers for discerning consumers. Rigorous certification processes and standardised impact assessments ensure elevated scrutiny, fostering accountability and transparency. With nearly 8,000 B Corps globally, spanning 130 industries and 50 countries, the movement's impact is substantial. CEOs highlight networking and strategic partnerships as key benefits, emphasizing the collaborative strength within the B corporate tribe. Finally, in the wide spectrum of sustainability today, B Corps position themselves at a high maturity level, thus setting them apart from the rest of the market. Capital attraction ESG investing in the spotlight The global surge in sustainable investing has resulted in the allocation of trillions of dollars based on Environmental, Social, and Governance (ESG) criteria. B Corporations, inherently aligned with these values, have become increasingly attractive to a growing number of investors. The 2020 Global Sustainable Investment Review noted that sustainable investments accounted for over $30 trillion in assets, reflecting a 68% increase over four years. By obtaining B Corporation status, businesses strategically position themselves as desirable investment opportunities, gaining access to a capital pool that prioritises financial returns and positive societal impact. The "B" designation is a magnet for capital, with investors showing explicit favouritism towards socially... --- - Published: 2024-02-13 - Modified: 2025-04-25 - URL: https://nexioprojects.com/why-you-should-invest-in-sustainability-in-2024/ - Categories: Uncategorized - Tags: Net zero and decarbonisation, Sustainability strategy - Tags: English Invest in sustainability to boost resilience and stay ahead of industry challenges while gaining financial and ethical benefits. While sustainability has been increasingly on the radar of companies in recent years, for many it has historically felt more like a burden than an opportunity. Justifying the importance and relevance of becoming more sustainable was mostly seen as an uphill task, with motivation primarily driven by extrinsic rather than intrinsic forces.   However, as sustainability continues to grow in the consciousness of stakeholders – investors, employees, customers, governments, suppliers and others – it also appears to be gaining clarity and conviction at the top level of companies.  A recent study from the Capgemini Institute suggested that the percentage of executives (in a sample size of 2004 across 668 organizations) who agreed with the statement ‘the business case for sustainability is clear’ had tripled from 21% in 2022 to 63% in 2023. Similarly, the figure for ‘the cost for sustainability initiatives outweighs the benefits’ fell from 53% to 24% over the same period.   Despite this welcome mindset shift, for many, it is still difficult to capture this business case. This article aims to highlight some of the key possibilities and, importantly, how this opportunity can be communicated and shared across all levels of companies and society.   Regulatory push Led by the European Union, sustainability legislation is rapidly being created and adopted. The most notable is the Corporate Sustainability Reporting Directive (CSRD), for which companies will have to start reporting in 2025. The directive will require approximately 50,000 European companies to publicly disclose their sustainability efforts, with various requirements such as conducting a double materiality assessment, externally assuring sustainability data and requiring reports to be digitally tagged. The driving force behind this is to increase the verifiability, accessibility and coherence of non-financial data across the continent.   Following closely behind is the Corporate Sustainability Due Diligence Directive (CSDDD), which will require companies to go beyond disclosure and identify, monitor and mitigate any potential adverse risks or impacts from their business activities. The directive also mandates companies to address these impacts across their value chains as well as within their own operations. Approximately 13,000 companies, some operating in high-risk sectors such as textiles, agriculture and resource extraction, will be affected. Additionally, U. S.  Securities and Exchange Commission (SEC) is proposing a rule requiring enhanced carbon disclosure for public companies, starting in 2024 for large firms and 2025 for smaller ones. These regulations, and others which are expected to follow as part of a global regulatory push over the coming decade and beyond, will raise the bar for compliance amongst companies. For example, organisations will be made to report on data points related to their sustainability strategy which will be part of their public disclosures.  This means that organisations who already have a history of developing a sustainability strategy are ahead of the curve, and those who have handled sustainability on an ad-hoc basis would have to play catch-up to meet minimum compliance. Therefore, proactively embracing sustainability and having a comprehensive strategy that moves beyond immediate compliance provides an opportunity for companies to stand out from what is becoming... --- - Published: 2024-02-13 - Modified: 2024-09-27 - URL: https://nexioprojects.com/on-a-journey-to-create-more-inclusive-workplaces/ - Categories: Uncategorized - Tags: B Corp, Sustainability strategy - Tags: English Explore key benefits of inclusive workplaces and how Nexio Projects fosters diversity, equity, and inclusion. Countless studies have shown that diversity, equity, and inclusion improves not only the work quality but also fosters creativity. In this brief article, we aim to explore the key benefits of creating inclusive workplaces and how we strive to achieve that here at Nexio Projects. Why diversity, equity, and inclusion matters Increased innovation and creativity Research has shown that diverse teams lead to higher levels of innovation and creativity. A study by McKinsey found that companies with diverse executive teams were 33% more likely to outperform their industry peers in terms of profitability. Diverse perspectives and experiences bring fresh ideas, problem-solving approaches, and unique insights, fostering innovation within the company. Enhanced financial performance Companies that prioritise DEI have been found to achieve better financial performance. A report by Boston Consulting Group revealed that companies with diverse management teams had 19% higher revenue due to innovation compared to companies with less diversity. Expanded talent pool and improved recruitment Fostering a diverse and inclusive workplace attracts top talent from a wider pool. Companies that prioritise DEI are more likely to appeal to a diverse range of candidates, making it easier to attract qualified individuals from different backgrounds. This expands the talent pool and increases the chances of hiring the best candidates for the job. Enhanced employee engagement and retention Research from Great Place to Work found that diverse and inclusive companies have employee retention rates 5. 4 times higher than non-inclusive companies. Improved decision-making Diverse teams are known to make better decisions. A study published in the Harvard Business Review found that diverse teams outperformed homogeneous teams in decision-making tasks by up to 87%. Diverse perspectives and backgrounds challenge cognitive biases, encourage critical thinking, and lead to more comprehensive and well-rounded decision-making processes. DEI at Nexio Projects Nexio Projects actively advocates for diversity, equity, and inclusion in the workplace. Diversity among our team members improves decision-making, bringing different perspectives and possible solutions to our attention. We’ve been a diverse team since the very beginning of Nexio Projects so we had to make sure to have the right policies in place and the right procedures, to be a very diverse and especially inclusive workplace. This is why we embrace a diverse workforce, to understand the needs of our customers and increase our specialism. We believe that enhancing diversity and inclusion in the workplace improves work quality and fosters creativity. The numbers don’t lie. We have over 20 nationalities, as well as an equal gender balance, being our team composed of 53% women, of whom two are in executive positions. We promote women’s inclusivity in the workplace through our Women of Nexio Projects initiative, established in 2021. Women in our company organise quarterly seminars and workshops addressing issues pertinent to gender-based discrimination and equality. In 2022, topics included “Women’s Health in the Workplace”, “Resilience”, and “Solidarity”. Other pillars of our DEI strategy are: Fair and equal recruitment At Nexio Projects we guarantee a recruitment procedure that is fair, transparent and reduces unconscious biases. We utilise the Equalture... --- - Published: 2024-02-13 - Modified: 2025-01-16 - URL: https://nexioprojects.com/sustainability-for-businesses-why-you-should-invest-in-sustainability-in-2024/ - Categories: Uncategorized - Tags: Sustainability strategy - Tags: English The business case for doing your sustainability right While sustainability has been increasingly on the radar of companies in recent years, for many it has historically felt more like a burden than an opportunity. Justifying the importance and relevance of becoming more sustainable was mostly seen as an uphill task, with motivation primarily driven by extrinsic rather than intrinsic forces.   However, as sustainability continues to grow in the consciousness of stakeholders – investors, employees, customers, governments, suppliers and others – it also appears to be gaining clarity and conviction at the top level of companies.  A recent study from the Capgemini Institute suggested that the percentage of executives (in a sample size of 2004 across 668 organizations) who agreed with the statement ‘the business case for sustainability is clear’ had tripled from 21% in 2022 to 63% in 2023. Similarly, the figure for ‘the cost for sustainability initiatives outweighs the benefits’ fell from 53% to 24% over the same period.   Despite this welcome mindset shift, for many, it is still difficult to capture this business case. This article aims to highlight some of the key possibilities and, importantly, how this opportunity can be communicated and shared across all levels of companies and society. Regulatory push Led by the European Union, sustainability legislation is rapidly being created and adopted. The most notable is the Corporate Sustainability Reporting Directive (CSRD), for which companies will have to start reporting in 2025. The directive will require approximately 50,000 European companies to publicly disclose their sustainability efforts, with various requirements such as conducting a double materiality assessment, externally assuring sustainability data and requiring reports to be digitally tagged. The driving force behind this is to increase the verifiability, accessibility and coherence of non-financial data across the continent.   Following closely behind is the Corporate Sustainability Due Diligence Directive (CSDDD), which will require companies to go beyond disclosure and identify, monitor and mitigate any potential adverse risks or impacts from their business activities. The directive also mandates companies to address these impacts across their value chains as well as within their own operations. Approximately 13,000 companies, some operating in high-risk sectors such as textiles, agriculture and resource extraction, will be affected. Additionally, U. S.  Securities and Exchange Commission (SEC) is proposing a rule requiring enhanced carbon disclosure for public companies, starting in 2024 for large firms and 2025 for smaller ones. These regulations, and others which are expected to follow as part of a global regulatory push over the coming decade and beyond, will raise the bar for compliance amongst companies. For example, organisations will be made to report on data points related to their sustainability strategy which will be part of their public disclosures.  This means that organisations who already have a history of developing a sustainability strategy are ahead of the curve, and those who have handled sustainability on an ad-hoc basis would have to play catch-up to meet minimum compliance. Therefore, proactively embracing sustainability and having a comprehensive strategy that moves beyond immediate compliance provides an opportunity for companies... --- - Published: 2024-02-02 - Modified: 2024-12-24 - URL: https://nexioprojects.com/how-to-build-an-effective-decarbonisation-strategy/ - Categories: Uncategorized - Tags: Net zero and decarbonisation, Sustainability strategy - Tags: English Learn how to build an effective decarbonisation strategy for a sustainable future. Discover key steps and benefits in achieving net-zero goals! Achieving the goals set by The Paris Agreement is crucial for addressing the global climate crisis and ensuring a habitable planet for future generations. This necessitates a comprehensive and robust approach to decarbonising our economy. Decarbonisation, at its core, involves the strategic reduction or complete elimination of carbon emissions. In the business realm, this process is particularly focused on mitigating the environmental impact associated with corporate operations and value chains. Businesses aiming for decarbonisation typically engage in a series of initiatives aimed at minimising their carbon footprint. This may include adopting sustainable practices in energy consumption, transitioning to renewable energy sources, optimising production processes for efficiency, and implementing eco-friendly supply chain strategies. The overarching goal is to contribute significantly to the reduction of greenhouse gas emissions, ultimately aligning with global efforts to combat climate change. Companies that proactively pursue decarbonisation not only contribute to environmental sustainability but also enhance their resilience in the face of changing market dynamics, regulatory landscapes, and consumer expectations. Moreover, such initiatives can lead to cost savings, improved brand reputation, and increased competitiveness in a world increasingly focused on sustainable practices. In essence, decarbonisation becomes a holistic strategy that not only benefits the planet but also fosters long-term business success. The challenges and opportunities for decarbonisation may differ across organisations and sectors. However, the typical decarbonisation journey can be conceptualised as a 5-step process. The diagram below shows the different steps on your journey to net zero. The decarbonization process involves five steps. First, measure and understand your emissions through a Carbon Footprint Assessment. Second, set targets aligned with the 1. 5°C pathway using the Science-based Targets Initiative. Third, identify specific tools to cut emissions based on your industry. Fourth, plan reduction measures through stakeholder engagement to ensure transparency and buy-in. Lastly, focus on carbon removals, neutralizing emissions through verified methods, prioritizing them after addressing emissions within your company's value chain. For this blog, we shall now focus on the key pillars of your decarbonization strategy. The six key pillars of your decarbonisation strategy Drawing from our experience with helping organizations build and implement their decarbonization strategy, here are a few tips to optimise your strategy and meet regulatory demands effectively: Integrate with business strategy Integrate climate considerations into business decisions early on.  This ensures adaptability to changes in competition, technology, policy, and consumer preferences. Developing customised decarbonisation scenarios supports evidence-based decision-making in the dynamic business environment. Engage stakeholders Secure support from investors and staff to fast-track your journey to net zero emissions. Leaders should articulate the case for decarbonisation and take ownership of sustainability efforts. Ensure regulatory agility Identify data requirements, data owners (internal and external) and centralise the climate reporting system to manage diverse reporting requirements, especially for multinational operations. Establish climate-focused partnerships Collaborate with customers, suppliers, and industry peers to overcome sector-specific challenges efficiently, position your organisation as a leader, and amplify collective climate impact. Track progress with data Establish a reliable system for gathering and analysing data to build trust with stakeholders. This transparency is crucial for tracking progress against climate pledges and facilitating efficient reductions. Build a dynamic strategy The landscape of the low-carbon economy is evolving swiftly, with constant... --- - Published: 2024-01-05 - Modified: 2024-09-27 - URL: https://nexioprojects.com/what-you-need-to-know-for-your-2024-ecovadis-assessment/ - Categories: Uncategorized - Tags: EcoVadis - Tags: English Unlock EcoVadis 2024 insights: Boost your sustainability rating with our guide! EcoVadis is one of the world’s most comprehensive sustainability rating tools; assessing private and public companies on social, ethical and environmental impacts. Their assessment rates an organisation’s material sustainability impacts based on a thorough documentation analysis, making them a sort-after tool for ensuring transparency across the supply chain. Currently, more than 65,000 organisations globally are rated by them. Methodology The methodology is built – and continuously updated – on international sustainability standards (UNGC, GRI, ISO, and more), which are used to identify 21 indicators across four main pillars: Environment, Labour and Human Rights, Ethics and Sustainable Procurement. Assessment process The EcoVadis Assessment process follows a five-step journey that starts with registration and ends with recognition: Step 1 / Registration To start the assessment process, you have to create a profile on the EcoVadis website, where you will be asked to specify your business activity and update your contact information. This information is used to create a customised questionnaire based on the industry, sector, size, and country of operations of your organisation. Step 2 / Questionnaire Once the registration is complete, you can enter the platform and access the Dashboard page which summarises your progress, the latest news from EcoVadis, and where you can start completing the questionnaire and uploading documents. Step 3 / Expert analysis Once you have completed and submitted your questionnaire, EcoVadis experts will analyse your answers and the uploaded documents. The process usually takes from 6 to 8 weeks. Step 4 / Results Your answers will be distilled into a Scorecard, which summarises: (1) your overall score with the average industry score (black marker); (2) the scores across the four sustainability themes and average industry score per theme; (3) each pillar’s weight – from 1 to 4. Additionally, the scorecard summarises the company’s strengths and improvement areas. Step 5 / Recognition Once you receive your score, you might also receive your EcoVadis medal. 2024 updates As of 2024, EcoVadis introduced changes to: Scoring & Medals 360 Watch Technical Features Scoring and medals Companies now have the possibility of achieving a badge in recognition of their good progress on the sustainability journey. The Committed Badge is granted to companies with a minimum score of 45, representing ‘good’ performance in the EcoVadis Methodology. The Fast-Mover Badge identifies companies with a score between 34-44 with a minimum of 6-point improvement versus the previous assessment in an 18th months period.   Concerning medals, these will only be granted on the basis of percentiles instead of score points. The percentile compares a company’s performance with all rated companies on EcoVadis’ database over the previous 12 months.   Before the introduction of these changes, medals were assigned to companies with overall scores of at least 47 points and no theme score lower than 20. Thus, the new recognition approach is based on percentile thresholds instead of score ranges, reflecting the growing size of EcoVadis’ network. Only companies with a minimum of 30 points per pillar can be considered for a medal and the findings... --- - Published: 2024-01-01 - Modified: 2024-12-24 - URL: https://nexioprojects.com/csrd-2024-update-towards-esrs-implementation/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English Discover CSRD 2024 updates, ESRS guidelines, and reporting essentials for sustainable compliance. With the final European Sustainability Reporting Standards (ESRS) approved and applicable from January 1, 2024, many organisations are now required to start collecting data to fulfil the Corporate Sustainability Reporting Directive (CSRD) in their next non-financial reports. CSRD is a legislative proposal adopted by the European Commission which obligates companies under scope to report in compliance with ESRS. The CSRD uses the ESRS framework to structure and set the disclosure requirements that need to be met. Organisations must include ESRS requirements in their non-financial reporting.   What companies need to report for CSRD?   Companies within the European Union (EU) EU publicly listed and large companies (or subsidiaries) as well as large companies that meet at least 2 out of the 3 criteria:  €50M+ Revenue  €25M+ Balance Sheet  250+ FTE  This is adjusted from €40M+ Revenue and €20M+ Balance Sheet in the final version of the ESRS Standard June 2023. The criterion for FTEs remains unchanged. Companies from outside the EU Companies with securities, such as stocks or bonds, listed on a regulated market in the EU  Companies with annual EU revenues exceeding €150 million and an EU branch with net revenue of more than €40 million  Companies with annual EU revenues exceeding €150 million and an EU subsidiary that is a large company, defined as meeting at least 2 of the following 3 criteria: more than 250 EU-based employees, a balance sheet above €20 million or local revenue of more than €40 million. What is the timeline for CSRD? What to disclose according to CSRD? While there have been a lot of conversations around CSRD, what really needs to be understood is the European Sustainability Reporting Standards (ESRS). A good frame of reference is the GRI Standards because GRI served as a basis and played a large role in the development of the ESRS. The overarching ESRS framework can be categorised into the following:  Cross-cutting standards  This is like the GRI Universal Standards which contains general disclosure requirements. It comprises ESRS 1 & 2 which are now available for use.   Sector Agnostic standards These standards affect various companies irrespective of sector. Similar to the GRI Topic Standards.   Sector-specific standards Describe disclosure requirements that are specific to each different sector. These are still in progress and are expected in June 2024.   How to prepare for CSRD? To help organisations better understand what is needed to prepare for CSRD, we have developed an ABCD approach so sustainability, ESG and CSR professionals can visualise what is required: A / Analyse  The initial step towards CSRD compliance involves a thorough analysis. Conducting a Double-Materiality Assessment is mandatory under ESRS 2 to identify relevant Topical ESRS Standards applicable to your company. This phase includes a gap analysis of current sustainability/ESG reporting and management systems to gauge compliance levels and identify areas that need attention. B / Build In the second phase, building governance and reporting structures becomes crucial for effective sustainability/compliance management. Establishing a clear reporting framework, manual, and baseline of KPIs is essential.... --- - Published: 2023-10-12 - Modified: 2025-01-16 - URL: https://nexioprojects.com/the-art-of-collaboration-supplier-engagement/ - Categories: Uncategorized - Tags: Sustainability strategy - Tags: English As the impacts of business activities extend way beyond organisational boundaries, supplier engagement is fundamental to understanding and acting on the generated footprint in a meaningful way. Nonetheless, EcoVadis data (2023) shows that companies struggle the most when it comes to Sustainable Procurement. Sustainable Procurement is defined as the integration of requirements and criteria meant to protect the environment and society in an organisation’s purchasing decisions. Figure 1 highlights the global average score achieved by companies rated by EcoVadis in 2022. Sustainable Procurement is the lowest across the four EcoVadis sustainability pillars. On top of that, the EcoVadis Business Sustainability Index Report (2018-2022) signals larger companies are those that score the lowest on this theme, demonstrating the urgency for increased efforts in this area. Putting in place sustainable procurement practices helps organisations with risk mitigation, cost reduction, brand reputation and revenue growth (World Economic Forum, Beyond Supply Chains, 2015). Other than the clear benefits organisations can derive from managing their supply chain in a responsible way, there is an increasing number of legislations and regulations being introduced to push companies towards sustainable procurement. At the European level, these include: European Corporate Sustainability Due Diligence Directive (EU CSDDD): The CSDDD is part of the European Green Deal and will require companies within scope to implement due diligence measures to take action on negative human rights and environmental impacts generated by their activities and those of their suppliers. EU Regulation on Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH): The EU REACH aims to protect human health and the environment by regulating the use of chemicals in business activities. EU Directive on Restriction of Hazardous Substances (RoHS): This EU Directive aims to prevent potential risks to human health and the environment by regulating electronic and electrical waste management and restricting the use of certain hazardous substances in these devices. Other examples that apply at the country level are: UK Modern Slavery Act: Enforced in 2015, it regulates modern slavery and human trafficking and applies to UK businesses. German Supply Chain Act: Enforced in 2023, this new law mandates German businesses to identify and account for their impact on human rights across direct and indirect suppliers. French Corporate Duty of Vigilance Law: Enforced in 2017 for French large companies, the Loi de Vigilance requires to manage human rights and environmental risks within the organisation and its suppliers. Given the clear importance and current accountability gap in place regarding most companies and Sustainable Procurement, what can be implemented in order to bridge this gap? One essential tool is supplier engagement, which we will explore in the second half of this article. Specifically: Why supplier engagement is key to managing your supply chain responsibly; How to engage with your suppliers; How supplier engagement can be leveraged to seize opportunities and generate positive impact. Supplier engagement: The basics Supplier engagement means working together with suppliers and looking for shared opportunities to mitigate and reduce negative environmental and social impacts, as well as seize the opportunity to scale... --- - Published: 2023-10-02 - Modified: 2025-02-12 - URL: https://nexioprojects.com/the-business-guide-to-nature-based-vs-engineered-solutions/ - Categories: Uncategorized - Tags: Sustainability strategy - Tags: English This article explores different solutions to reduce and mitigate the negative impacts of organisations with the challenges of climate change. Organisations across the globe are looking for solutions to reduce and mitigate their negative climate impacts. Amongst the different options to manage greenhouse gases, today we'll focus on: Nature-based Solutions (NbS) - which are cost-effective and community-oriented; Engineered Solutions (ES) - which rely on technological innovation. Setting the scene In the last 250 years, since the Industrial Revolution, human activities have been generating deep impacts on natural ecosystems. Fossil fuels have a big role to play in that. Our economies have been relying deeply on them, as they advanced our standards of living. Yet, as the old saying goes, “Every hole you dig leaves a mound of dirt behind you”.  Our mound is now beginning to have real-world consequences: Global warming; Rising sea levels; Unprecedented weather events; And many other social implications. Both the UNFCCC and the Paris Agreement stressed the importance of the collective effort to halt climate change. Climate-conscious organisations across the world are better understanding their impacts. As a result, they are aligning their climate strategies to the ambitious Net-Zero targets set out by the Paris Agreement. Despite the efforts to reduce emissions and align to the Net-Zero path, all commercial activities are energy and resource intensive. Therefore, they still generate hard-to-abate greenhouse gas emissions. Residual emissions can be addressed by neutralising them.  This means supporting initiatives and projects through which removing an amount of carbon from the atmosphere equivalent to residual emissions.   Organisations can achieve this either through internal initiatives or offsetting.  This article takes a quick dive into the two main approaches to offsetting – Nature-based Solutions (NbS) and Engineered Solutions (ES).   What do these terms mean? You need to understand the climate jargon to successfully formulate, implement and communicate your climate strategy. In this article, you have already encountered terms such as Net-Zero, neutralisation, and offsetting. They are often (mistakenly) used interchangeably or in similar contexts. Net-Zero refers to a balance between emissions from human activities and the removal from the atmosphere by various ‘sinks’. On an organisational level, the reduction of emissions is followed by the complete neutralisation of residual GHGs using ‘like-for-like’ removals. This means that once as many emissions as possible are reduced, the organisation removes the remaining emissions in a manner proportional to the timescale (see ‘Neutralisation’ below). Neutralisation/Offsetting refers specifically to the act of retiring purchased carbon credits from climate mitigation projects which remove GHG from the atmosphere. Credits refer to a transactional instrument which represents 1 metric ton of all GHG emissions. Simply put, it is a unit of measure for neutralisation. This means that purchasing a credit compensates for an equal amount of emissions from an organisation. The credit is retired after purchase to avoid double counting on the credit developer and purchaser’s inventory. Nature-based solutions (NbS) NbS are the most popular technology for removing carbon.  Such projects aim to restore nature's carbon sinks.  Nature-based methodologies help breathe new life into the natural carbon cycle. As a result, storing CO2 in plants and soil. Examples include reforestation, mangrove forestation, ecosystem... --- - Published: 2023-09-27 - Modified: 2025-04-04 - URL: https://nexioprojects.com/counting-what-counts-scope-3/ - Categories: Uncategorized - Tags: English With the growing intensity and frequency of climate change effects, and higher pressure from governments, investors, and customers, businesses are turning attention to the reduction of greenhouse gas (GHG) emissions. As a result, companies need a climate strategy, underpinned by data measuring, monitoring and concrete action. The goal is to at least reduce emissions by 45% by 2030 and reach net zero by 2050, as set in the 2015 Paris Agreement.   Scope 1 and 2 emissions are on the radar of most large companies, but Scope 3 emissions are more complex and up until now have been easier to ignore. However, Scope 3 incorporates the carbon footprint of the entire supply chain of a company. Hence, businesses can get the full picture of their impacts only by including them in their calculations. On top of that, stricter rules around Scope 3 measurement are on the way. For example, it is already a requirement of the Science-Based Target Initiative (SBTi): if a company’s Scope 3 is 40% or more of total 1, 2, and 3 emissions, a Scope 3 reduction target is required. At the European level, managing Scope 3 emissions will also be a requirement of the Corporate Sustainability Reporting Directive (CSRD) from 2025 onwards. In a nutshell, all companies, regardless of size, need to be aware of Scope 3 emissions, because ultimately it will affect them in the not-too-distant future. Therefore, with this article, we aim to explain how your company can overcome common pitfalls faced on the journey to Scope 3 measurement. Scope 1, 2, & 3: What Is The Difference? How to differentiate emissions generated within and outside a company’s operations?  One of the main global standards for GHG accounting, the GHG Protocol, classifies emissions under 3 Scopes: Scope 1: Direct emissions within a company’s operations from mobile and stationary sources that are owned or controlled by a company. (e. g. , emissions from boilers, furnaces, vehicles, field emissions or leaks of refrigerant gases, etc. ); Scope 2: Indirect emissions caused by the generation of electricity, steam, heating, or cooling that are then consumed by a company; Scope 3: Indirect emissions (not included in Scope 2) that occur in the value chain of the reporting company, including both upstream and downstream emissions. (e. g. , production of purchased raw materials, upstream transportation, business travel, employee commuting, waste disposal and distribution, use and end-of-life of sold products). As mentioned above, companies struggle the most in measuring Scope 3 emissions as this requires going beyond (organisational) boundaries and gathering data both upstream and downstream of their value chain. In the remainder of the article, we will explain: How to turn the challenge of measuring Scope 3 into an opportunity to future-proof your business; How to focus on what matters and deal with data gaps; How to set reduction targets and start taking concrete action.   Taking Strategic Control Scope 3 is a challenge, there’s no denying that. However, as Scope 3 is often the biggest share of companies’ emissions (Figure 4), measuring... --- - Published: 2023-07-26 - Modified: 2025-04-16 - URL: https://nexioprojects.com/going-for-platinum-five-steps-to-ecovadis-success/ - Categories: Uncategorized - Tags: EcoVadis, Sustainability strategy - Tags: English Unlock EcoVadis success with strategic insights. Improve sustainability, engage stakeholders, and gain a competitive edge today! “Used correctly, EcoVadis can be much more than just a yardstick to measure progress. It can function as a strategic sounding board. ” - Yeşim Tırpan, Junior Sustainability Consultant With over 130,000 companies rated worldwide, the EcoVadis framework has become a global gold standard for monitoring and evaluating corporate sustainability practices – including supply chain impacts. An EcoVadis rating can therefore be a key milestone in a company’s sustainability strategy, facilitating stakeholder engagement and even access to finance. However, given the complexity of the assessment process, it can be extremely useful to gain a deeper understanding of what’s behind the EcoVadis scoring methodology. Yeşim Tırpan, Junior Sustainability Consultant, has helped many clients through their assessment journeys. In this interview, we unpack the specifics to help you optimise your sustainability management strategy for EcoVadis success, with 5 tips to improve your EcoVadis rating. 01 / More than a score: Use the assessment process to inspire your strategy Q: How can a company improve its EcoVadis score by using the EcoVadis framework to inspire its sustainability strategy? Many companies, when they first encounter EcoVadis, perceive their rating as simply the product of their sustainability management system. However, when used correctly, EcoVadis can be much more than just a yardstick to measure progress. It can function as a strategic sounding board – an excellent way of highlighting both the strengths and weaknesses of your existing sustainability management system. Even when clients come to EcoVadis following a request from a customer or supplier, we always encourage them to think of it as more than just a compliance tool. The request may have come from an external source, but it represents a valuable opportunity to assess and improve internal processes and systems. It’s also important for companies to remember that the EcoVadis assessment process itself isn’t a substitute for developing your own sustainability management framework. Q: So, EcoVadis can inspire companies to create lasting change? Exactly. Your EcoVadis assessment results will give you a clear indication of where you are currently on your sustainability maturity journey. You then need to take those results and use them to put together an improvement plan. And because the assessment covers such a comprehensive range of topics, it helps you to create a more impactful strategy that’s specific to your industry context. 02 / Best practices and next steps: Use the scorecard to benchmark progress Q: How can a company use the scorecard to improve its EcoVadis score?   The detail provided by the EcoVadis scorecard can be a key catalyst for improvement. For example, the scorecard explains the reasoning behind the scores you’ve received for each category. It also provides information on areas for improvement, suggesting ways to develop policies, processes and reporting. Crucially, you’ll also be able to see how your company stacks up against other companies in the same industry. This gives you insights into how you compare with other companies that have been rated by EcoVadis in each of the key sustainability pillars: environment, labour and human... --- - Published: 2023-04-03 - Modified: 2024-09-27 - URL: https://nexioprojects.com/the-csrd-requirements-reporting-on-performance-and-goals/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English Understand CSRD for effective ESG reporting and boost sustainability goals. A ripple effect for EU businesses and global stakeholders awaits. The European Union’s Corporate Social Responsibility Directive (CSRD) requires organisations to report on their sustainability strategy and performance. Regardless of whether your organisation falls within the CSRD scope or not, this cornerstone piece of legislation will likely affect your activities. The prerequisite for organisations in the EU to collect value chain data is extensive. As reporting is required annually, the CSRD aims to effectively nudge progress in sustainability performance. This, in turn, will likely increase EU (business-) clients’ interest in more sustainable partners and suppliers. Therefore, we foresee that the CSRD will have a worldwide ripple effect that will increase stakeholders’ interest in ESG performance information. This guide aims to help organisations anticipate this demand by outlining the steps for monitoring and evaluating ESG performance. Breaking down the CSRD requirements  Under the CSRD, the European Commission released twelve (draft) European Sustainability Reporting Standards (ESRS) that detail the reporting requirements and provide guidance. The CSRD requires organisations to disclose the policies, targets, and metrics regarding each material topic. Fundamental to sustainability reporting will be the double materiality assessment to define an organisation’s material topics. Read part one of this article, "Reporting on Impacts, Risks & Opportunities", to learn more about the double materiality assessment required under the CSRD. In this context, metrics are the qualitative and quantitative indicators that organisations use to measure and report on progress over time. The purpose of such reporting is “to enable users to understand how an entity measures and monitors its significant sustainability-related financial risks and opportunities" (ESRS 5, 2022). The Metrics and Targets section of the relevant topical ESRS is guiding and will generally declare the following recurring aspects: Disclose implemented policies; Disclose any outcome-oriented targets; Describe the process for setting the targets;  Explain the internal roles and responsibilities. Continuous improvement through the PDCA Framework  Essentially, the CSRD urges organisations to structure their efforts by adopting a formal sustainability strategy. To guarantee the success of your organisation’s sustainability strategy, a structured Sustainability Management System is crucial. A Sustainability Management System is the collection of policies, processes, and procedures set in place to achieve goals and continuous improvement.   The “Plan-Do-Check-Act” framework is useful when structuring processes in a way that allows for continuous improvement. Essentially, this framework lays down 4 essential steps to structuring and advancing sustainability ambitions: Plan Identify important topics, and establish sustainability objectives and processes necessary to deliver results in accordance with the organisation’s mission and policies. Do Implement the processes as planned. Check Monitor and measure processes against commitments, including environmental objectives and operating criteria, and report on the results. Act Take actions to improve, such as corrective actions, improvement of current processes and review of non-conformities. How to set sustainability goals The following steps guide you in setting sustainability goals and in monitoring your sustainability performance:  Step 1 Identify key sustainability issues. A double materiality assessment is best practice and required by the CSRD to identify material topics based on your organisation’s risks and opportunities. Make sure to define... --- - Published: 2023-03-16 - Modified: 2025-04-10 - URL: https://nexioprojects.com/the-csrd-requirements-reporting-on-risks-and-opportunities/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English Unravel the CSRD's impact on risk and opportunity reporting for effective compliance in 2024 and beyond. The European Corporate Sustainability Reporting Directive (CSRD) will come into effect for large public organisations in 2024 (reporting on 2023 metrics) and will progressively apply to more and more companies over the upcoming 6 years. With the introduction of mandatory reporting, the European Commission recently published its new reporting standards, the European Sustainability Reporting Standards (ESRS). This standard elaborates on the specific reporting requirements of the directive, and the mandatory disclosure points. Among mandatory disclosures, the “general disclosures” (ESRS 2) give guidance on the general aspects that all organisations must report upon, regardless of their specific context and material impacts. The general disclosure requirements can be summarised as follows:  Basis for preparation; Governance; Strategy; Impact, risk, and opportunity management; Metric and targets.   This blog focuses on ESRS 2. 4 “Impact, risk and opportunity management”. As the legislative requirements can quickly become complex to understand, we aim to simplify the disclosures and translate them into concrete actions. Disclosure requirement 1 / The (Double) Materiality Assessment process  Under the new CSRD, conducting materiality assessments will become mandatory. A materiality assessment is a process through which a company identifies the environmental, social, governance and broader emerging issues that are most important given the operating context of a business. Material issues have significant implications for organisational risks and opportunities, making them critical elements for decision-making and strategy setting. Typically, a topic is considered “material” if: It is considered to have a significant impact (positive and/or negative) on activities and/or financial performance. It is considered important to key stakeholders, including employees, customers, suppliers, business partners, the planet, and society (e. g. , citizens, NGOs, and governments). Disclosure Requirement IRO-1Description of the processes to identify and assess material impacts, risks and opportunities  The first ESRS requirement is about transparently disclosing the methodology behind the identification of material topics: Which stakeholders were involved; Which means of data collection were chosen; Which assumptions were made. In this process, some methodological requirements are:  The choice of potential material topics must be taken from the list of sustainability matters covered in the ESRS 1 Appendix (page 31).   The materiality assessment must be informed by stakeholder dialogue (e. g. , interviews, surveys, expert opinion);  Double materiality: organisations must not only disclose the impact on people and the planet but also on financial viability;  A threshold must be applied to determine which material impacts should be reported upon in the annual report (depending on their likelihood of occurrence and the potential size of financial effects);  Timeframe: organisations must map out risks and opportunities according to their short-, medium-, and long-term effects. Best practice inspiration: (pages 13-14)   Disclosure Requirement IRO-2Disclosure Requirements in ESRS covered by the undertaking’s sustainability statements  This requirement is in place to ensure that there is transparency in the disclosure requirements which are reported against. Similar to other reporting frameworks (e. g. , GRI, SASB) the ESRS will request a depiction of:  A list of all the requirements which are reported upon;  An explanation of the page number and/or paragraph where the related content is covered in the sustainability report;  A brief... --- - Published: 2023-02-23 - Modified: 2025-02-12 - URL: https://nexioprojects.com/what-does-double-materiality-mean-for-your-esg-strategy/ - Categories: Uncategorized - Tags: CSRD and reporting, Sustainability strategy - Tags: English Discover the implications of conducting a double materiality assessment for your organisations to meet the CSRD requirements. “Double materiality is essential for understanding and addressing the environmental and social impacts of your business. ”  The idea of ‘materiality’ in corporate reporting is undergoing a fundamental shift following the adoption of the EU’s Corporate Sustainability Reporting Directive (CSRD).   Rather than simply considering the impact of external factors – an ‘outside-in’ perspective – many companies will soon have to adopt a much more holistic ‘double materiality’ approach.   In this blog, we look at what double materiality means in different contexts and where it fits in with the CSRD requirements. We also provide several practical examples of how to apply it and explore how embracing the concept can benefit your company’s ESG strategy.   What exactly does double materiality mean?   Double materiality is about broadening the scope of ESG-related information your company reports on. In short, this means that more factors are considered ‘material’ (relevant) for reporting.   In traditional materiality reporting, information is only considered material if it’s related to factors that impact a company’s financial performance. In double materiality reporting, on the other hand, information related to a company’s impact on people and the environment is also considered material.   Double materiality reporting therefore combines an ‘outside-in perspective (external factors affecting the company) with an ‘inside-out’ view (the company’s impact on communities and the environment).   Below are two examples that illustrate the differences between traditional reporting and the double materiality approach.   Example 1: An international seafood company  Imagine a large company that profits primarily from selling seafood globally. Data indicating that overfishing and climate change are depleting global fish stocks would be considered material information for this company because these changes have the potential to affect its future ability to generate revenue.   Under a traditional materiality reporting approach, this issue would simply be reported as a potential negative impact on the company. However, using double materiality reporting, the company would also report on how its own activities are impacting fish stocks by contributing to overfishing and climate change.   In this case, stakeholders reading its report would learn that the company’s own activities are adding to an issue that will likely impact its future financial performance.   This demonstrates a link between how a company impacts the world around it and how those changes will ultimately impact the company itself – helping to underline the importance of sustainability actions from a business perspective.   Example 2: A dissatisfied and unproductive workforce  If a company conducted an employee satisfaction survey and the results indicated that its employees were largely dissatisfied and unmotivated, this information would certainly be considered material to report.   Using a traditional materiality approach, such an issue would simply be reported as harming the company’s overall productivity and financial performance. The company might even seek to replace many of its employees as a result of such a report.   However, looking at this issue from a double materiality perspective, the company would also look at how its governance structures and... --- - Published: 2023-02-21 - Modified: 2025-01-16 - URL: https://nexioprojects.com/4-key-environmental-sustainability-topics-in-the-manufacturing-sector/ - Categories: Uncategorized - Tags: Awareness & Education, Sustainability strategy - Tags: English What is the first thing that comes to mind when talking about environmental sustainability in the workplace? Many of us will probably think about improving daily office activities, such as reducing plastic use and waste recycling.   Despite the saying that small things can make a big difference, this is just the tip of the iceberg. Even more so in the manufacturing sector, which is the second-highest greenhouse gas (GHG) emitting industry after oil, gas and energy.   84% of Europeans believe that sustainability should be embedded at the core of business activities. Similarly, 73% of Americans wouldn’t purchase from a company that doesn’t consider climate change in its business practices.   As organisational change cannot be achieved without the full participation of employees, this article breaks down 4 key environmental topics for the manufacturing sector. Is sustainable manufacturing the only way forward?   The manufacturing industry has a major impact on our planet:  It consumes 54% of the total world's energy production;  It utilises between 20% to 40% of available freshwater in developed countries;  In 2020, the European manufacturing sector generated approximately 880 million metric tons of CO2. This number grows to 1,435 million metric tons with respect to the US industrial sector.   To put this into perspective, a million metric tons corresponds to the mass of a million small cars.   Hence, to tackle the current environmental crisis, the concept of sustainable manufacturing becomes crucial. According to the US Department of Commerce:  “Sustainable manufacturing is the creation of manufactured products that use processes that minimize negative environmental impacts, conserve energy and natural resources, are safe for employees, communities, and consumers, and are economically sound. ”  What trends are shaping the manufacturing industry?   From designing sustainable products to improving supply chain practices, key sustainability trends in manufacturing include:    Net-Zero Strategy  Companies are embarking on the net-zero journey to curb their emissions and exploit the massive business opportunities stemming from it. In fact, according to McKinsey, the net-zero transition could generate more than $12 trillion in annual sales by 2030. Data & Technology Research shows that 60% of businesses with strong digital capabilities are prioritising sustainability in their operations. In fact, these companies are developing sustainability practices based on data. For example, optimised production processes to reduce scraps and increase circularity. Moreover, technology and AI are proving to be powerful in the:  Reduction of emissions;  Improvement of energy efficiency;  Increase in the use of renewable energy.   According to 87% of the interviewed CEOs for the 2022 BCG Climate AI Survey Report, AI can be a crucial tool to halt climate change.   Biodiversity  More and more companies are including nature conservation and biodiversity protection initiatives in their climate strategies. We go into more detail on biodiversity in this article. Disclosure  A growing number of companies are disclosing their impacts on people and the planet through sustainability reporting standards. This trend fits in with both new regulations and laws concerning business transparency, accountability and stakeholder pressure. Cooperation Finally, businesses in the manufacturing industry are partnering up to achieve their sustainability... --- - Published: 2022-12-22 - Modified: 2025-01-17 - URL: https://nexioprojects.com/where-everything-starts-data-collection-for-carbon-footprint/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English Master sustainability by starting with effective data collection for your carbon footprint. Discover key strategies now! Defining relevant metrics for your sustainability journey is the first step to take if you want to improve. When talking about climate strategy, this initial stage consists of measuring your carbon footprint. An organisation’s carbon footprint is the sum of all greenhouse gas (GHG) emissions estimated to be released into the atmosphere because of its: Operations; Purchased energy; Or value chain activities. This boils down to one formula: Hence, in very simple terms, the carbon footprint of an organisation is the sum of the activity data multiplied by the applicable emission factors. Activity data refers to those data deriving from activities that generate GHG emissions. For instance, it can be: Litres of fuel used by the company’s fleet; Amount of electricity purchased for the office; The number of flights taken in a specific year. Emission factors capture the rate at which a specific activity releases GHG emissions into the atmosphere. However, the above can be easier said than done. To start with, this article will focus on activity data. We will answer common questions on data collection, such as: What data should I use? Which activities should I include? How to tackle data gaps? Taking a step back: Why do we need to decarbonise? Carbon accounting aims to assess how an organisation contributes to the nationally determined contribution pathways (NDCs) for decarbonisation. This allows the entity to report on its progress and set clear goals and targets for the future, aligned with the commitments of the Paris Agreement. Figure 2 (Climate Action Tracker) showcases the urgency of climate action. If no climate policies are set in place, we’d be moving towards a 4. 1° - 4. 8°C scenario by 2100. This implies drastic consequences for our planet, which would undergo irreversible changes. On the other spectrum, the 1. 5°C pathway is the suggested one. However, it will stay within reach only if we take collective and drastic action. Hence, organisations play a crucial role in keeping the 1. 5°C paths within sight. Based on the GHG Protocol, emission sources to calculate one’s carbon footprint are grouped into three scopes: Scope 1 Scope 2 Scope 3 If you want to decarbonise your business across the three scopes, download our guide Decarbonise your business. Understand where you stand: Carbon accounting As mentioned above, to define and achieve decarbonisation ambitions, you first need to understand where you’re at. Carbon accounting serves the purpose. Based on the GHG Protocol, carbon accounting is articulated in 5 main steps: Step 1 – Understand the scopes and organisational boundaries; Step 2 – Collect activity data from different internal and external sources; Step 3 – Convert the activity metrics into carbon emissions; Step 4 – Determine which framework to use and calculate Scope 1, 2, and 3; Step 5 – Report emissions and disclose goals and targets; This article focuses on Step 2 – Data Collection. However, for each step of the carbon accounting process, keep in mind the five key GHG Protocol principles: Relevance All relevant information... --- - Published: 2022-12-08 - Modified: 2025-01-15 - URL: https://nexioprojects.com/a-brief-guide-to-change-management-for-sustainability/ - Categories: Uncategorized - Tags: Awareness & Education - Tags: English Change management: what is it? How many times did you set New Year’s resolutions for yourself? And, how many of those did you actually manage to stick to? According to Statistics Brain Research Institute, only 8% of those that start the year with new intentions can stick to them. We experience it in our daily lives, how human beings are naturally brought to resist change. Organisations witness that too. Organisational change can impact one’s job in a variety of ways, from the tools used to the people one has to report to (Figure 1). Integrating sustainability in the core of organisations also implies change. Pressure to do so comes from: New regulations and disclosure requirements; Higher consumer awareness; Increasing impacts of their business-as-usual activities on the planet and society. As much as directing organisations towards more responsible practices is an urgent matter, it cannot happen overnight. Imposing change rapidly and not properly engaging with those directly affected by change is the perfect recipe for failure. In fact, multiple statistics (McKinsey, 2019) highlight the challenge that organisations face in successfully carrying out change: 70% of organisations fail in implementing change; Among the various causes of failure, research finds: Employees’ resistance to change (39%); Lack of management support (33%); Inadequate resources and budget (14%); 44% of employees don’t understand why change is needed and 38% of them don’t agree with it. Change management comes in to avoid the above. It can be defined as: The application of a structured process and set of tools for leading the people side of change to achieve a desired outcome. prosci. com Why do you need to manage change? The numbers above already depict some of the reasons why you need to manage change. To summarise, Prosci’s Best Practices in Change Management Research finds that initiatives with effective change management are 6 times more likely to meet objectives (Figure 2): And there is more. Organisations need to manage change to: Assess – understand where they currently stand and where they want to go; Inspire – communicate the benefits of change company-wide and boost motivation; Engage – employees' engagement drives adoption and brings everyone on board; Prevent – as said, you will most likely face some sort of obstacles while implementing change. You need to develop strategies to anticipate and ultimately overcome these challenges; In the end, organisations don’t change. People do. Hence, to successfully carry out change you need to support employees and make sure they understand why and how executing change in their daily work. At this point, you might be wondering, how do I make sure I’m managing change well? How to 'change'? As said above, when change is to happen in a blink of an eye, the chance of underachieving is high. To carry out change well, it is key to take a structured approach. We identify 7 main steps to change, based on the model put forth by B. Willard in The Sustainability Champions Guidebook (Figure 3). Step 1 – Wake up and decide Internal... --- - Published: 2022-12-06 - Modified: 2024-09-27 - URL: https://nexioprojects.com/the-role-of-sustainability-in-corporate-decision-making/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English Explore how sustainability shapes corporate decisions, reduces risks, and boosts competitive advantage in today's business landscape. Today, sustainability should be at the forefront of organisations’ strategies. In fact, ignoring Environmental, Social, and Governmental (ESG) issues is associated with: Higher risks; Lower competitive advantage; Lower business opportunities. This guide aims to investigate the role of sustainability in corporate decision-making. It collects the insights of a wide set of respondents involved in ESG with different roles and responsibilities. First, we assess the level of stakeholder engagement in sustainability decision-making processes. Later on, we turn attention towards the aspects that drive ESG initiatives and programmes. We also shed some light on the main challenges of getting sustainability plans off the ground. Therefore, we provide recommendations to overcome them. Throughout the guide, particular attention is directed at the top 5 industries in our dataset: Manufacturing; Chemicals; Construction; Food & Beverage; Finance, Legal, & Consulting. Among the key findings of this report, we identify: The mismatch in stakeholder involvement when it comes to sustainability decision-making. The desired level of stakeholder engagement is systematically higher than the level of actual involvement. Business ethics is the strongest driver for decision-making around sustainability. Sustainability is engrained in organisations’ mission & values, yet it lacks integration in day-to-day operations. Sustainability still remains a side issue for many organisations. It is seen as a tick-in-the-box exercise rather than an opportunity for innovation and competitive advantage. A mismatch in how well sustainability is integrated with the top level of the organisation versus the work floor. Corporate sustainability is top-down rather than bottom-up. Larger companies have a harder time integrating sustainability into business culture. There is still a large share of companies not performing a materiality assessment to understand where the biggest sustainability priorities lie. Even though the majority of companies seem to understand the value of sustainability, still too few resources are invested in it. We analyse survey responses gathered from more than 350 participants across a diversity of companies, roles, industries and geographies. To have a deeper understanding of the respondents' demographics, download the full guide. Stakeholders in decision-making More than half of the organisations in our sample (56%) have completed a materiality assessment to identify relevant ESG topics. Materiality refers to: Those topics that have a direct or indirect impact on an organisation’s ability to create, preserve or erode economic, environmental and social value for itself, its stakeholders and society at large. - Global Reporting Initiative The list of stakeholders to engage can be very long and complex. We can categorise stakeholders into the following groups: Internal stakeholders Employees; Upper management; Shareholders. Commercial relationships Customers; Suppliers & vendors. External stakeholders Local communities; Governments; NGOs. Across respondents, there is a mismatch between ideal stakeholder engagement and the level of engagement that actually exist. On average, there is a gap of 26%. This mismatch is the largest for the engagement of local communities. The smallest gap exists for the involvement of upper management. Based on the three categories, the results of the questionnaire on stakeholder engagement are presented below. Engagement across internal stakeholders  Employees On average, a... --- - Published: 2022-12-01 - Modified: 2025-01-09 - URL: https://nexioprojects.com/corporate-sustainability-reporting-what-is-the-csrd/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English Ready for mandatory corporate sustainability reporting? Get our expert insights into the requirements and benefits of the CSRD. “By improving transparency and providing stakeholders with reliable sustainability data, companies can build greater trust with investors, customers and regulators. ”  What is CSRD reporting?   The Corporate Sustainability Reporting Directive (CSRD) was adopted by the European Union in November 2022. Its purpose? To improve the quality and transparency of sustainability reporting by ensuring that companies provide reliable and accurate sustainability data to facilitate stakeholder engagement. It requires organisations to disclose their environmental, social and governance (ESG) impacts across a broad range of topics – from greenhouse gas (GHG) emissions to biodiversity and human rights.   Read on to find out what the CSRD requirements mean for your company, and how you can leverage the CSRD reporting process to drive long-term sustainability progress.   Where does the CSRD come from?   The CSRD evolved from the Non-Financial Reporting Directive (NFRD). Building on this earlier framework, the CSRD aims to further standardise sustainability reporting across industries – ensuring that the information companies provide is accurate, comparable and relevant. Many more companies are also required to report under the CSRD.   CSRD timeline: Which companies need to report?   The CSRD expands the scope of companies required to report on their sustainability efforts. The NFRD only applied to large public interest entities such as listed companies, banks and insurance firms with over 500 employees – around 12,000 organisations. These companies will be required to publish CSRD-compliant reports starting in 2025.   From 2026, the CSRD will also apply to companies that meet at least two of the following criteria for ‘large’ organisations:  > 250 employees  > €50 million in annual turnover  > €25 million in total assets  This will add up to around 50,000 organisations, accounting for over 75% of the turnover of all EU companies. SMEs listed on regulated markets will also join this group in 2027, albeit with simplified ESRS reporting standards.   Finally, in 2029, some non-EU companies will also be required to produce CSRD-compliant reports if they have a net turnover in the EU of at least €150 million in each of the preceding 2 years and have one of the following:  a listed or large subsidiary, determined according to the same criteria for “large” organisations as above;  a significant EU branch, i. e. one with a turnover of at least €50 million. What are the CSRD reporting requirements?   The CSRD requires companies to report on a wide range of environmental, social and governance factors, using the key concept of double materiality. A double materiality assessment (DMA) involves reporting not only on how sustainability issues affect a company’s performance (financial materiality) but also on how its operations affect the environment and society (impact materiality).   The materiality of a particular factor – such as GHG emissions, resource use, biodiversity impacts or anti-corruption measures – determines the amount of information the organisation should provide to be compliant. If the data is not available, an explanation and a timeline for obtaining it must be provided. The organisation shall also... --- - Published: 2022-11-24 - Modified: 2024-12-19 - URL: https://nexioprojects.com/the-new-corporate-sustainability-reporting-directive/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English The latest CSRD updates Last week the European Parliament officially adopted the new CSRD. On the 28th of November, the Council is expected to approve the proposal. After the final vote, the new CSRD will enter the EU Official Journal before coming into force. To make sure you're ready, have a read below. Non-financial disclosure: a brief introduction Sustainability disclosure consists of publicly reporting non-financial aspects of a company's performance. These refer to environmental, social, and governance (ESG) topics. Through non-financial disclosure, organisations communicate to a wide range of stakeholder groups on: Current performance; Future ambitions and goals; Main risks. Non-financial disclosure is rapidly becoming part of good business practice mainly due to an increase in regulations and external pressure: Non-financial disclosure requirements increased 20-times compared to five years ago; 96% of G250 organisations reported on sustainability as of 2020; More than 50. 000 organisations in Europe will be required to report according to the new CSRD. However, organisations should not approach non-financial disclosure as a common exercise, as disclosing their sustainability performance can: Foster value creation; Improve stakeholder engagement; Reduce negative impacts; Increase investments; Improve brand reputation and boost market competition; Enhance talent acquisition and retention; Positively influence stock price performance; Support the development of a sustainable business model. What is the new CSRD? The new CSRD aims to provide more clear, accessible and coherent non-financial data. The CSRD will act as the new fundamental sustainability reporting framework. It will be heavily based on the structure of the Global Reporting Initiative (GRI) Reporting Standard, within the EU. The CSRD has been adopted on the 21st of April 2021, and will come into effect in 2024. This means that organisations previously required to report against the NFRD will start reporting in 2025 on 2024 progress. For other applicable companies see the timeline section. How will organisations comply? The European Commission and the European Financial Reporting Advisory Group (EFRAG) are developing the new European Union Sustainability Reporting Standards. They will be at the foundation of the CSRD. Reporting entities will prepare their disclosure in XHTML format to comply with the ESEF regulation and the EU Sustainability Taxonomy. Who's going to report? Entities that will fall under the scope of the new CSRD are: All companies listed in the EU; Large organisations that are either an EU company or a subsidiary of a non-EU Company. Organisations will be categorised as 'large' entities when meeting at least 2 out of the following 3 criteria: Total revenues: more than € 40. 000. 000 Balance sheet: more than € 20. 000. 000 Number of employees: more than 250 Non-EU-based companies with subsidiaries located in the EU and match two out of the three previous criteria are recommended to future-proof their entire organisation. They can do that by disclosing according to the new CSRD with regard to the entire entity. The Directive does not apply to: Listed SMEs with financial assets on growth markets or multilateral trading facilities; Non-listed SMEs. Moreover, the Directive also excludes listed micro-enterprises... --- - Published: 2022-11-17 - Modified: 2024-12-24 - URL: https://nexioprojects.com/gri-reporting-a-guide-for-sustainability-managers/ - Categories: Uncategorized - Tags: Outsourced sustainability management, Sustainability strategy - Tags: English Unlock effective GRI reporting for impactful sustainability with our comprehensive guide for managers. "Sustainability reporting is a process that starts with an organisation determining its material topics based on its most significant impacts on the economy, the environment, and people, including its impacts on people's human rights. " GRI: The world’s sustainability standard Establishing a reliable framework for sustainability reporting is essential for driving progress on the issues that matter most – from carbon emissions to biodiversity. Set up over 25 years ago, Global Reporting Initiative (GRI) has developed the most widely used sustainability reporting standard, adopted by more than 14,000 organisations around the world. But with a range of sector- and topic-specific standards, it’s important to clarify how to incorporate the GRI Standards into your reporting strategy. This blog provides a detailed overview of what to expect from the GRI reporting process, and how your company can prepare for successful compliance. Get to know the GRI Standards The GRI Standards are a harmonised set of reporting principles designed to help organisations report transparently to stakeholders on their sustainability performance. The Standards include a set of ‘disclosures’, providing a framework for companies to share information about themselves and their impacts on the environment, the economy and people. These disclosures come with specific requirements and recommendations to ensure the consistency and comparability of reporting across industries. The Standards in detail Covering a wide range of environmental, economic and social topics, the GRI Standards are renowned for their comprehensiveness. And in 2021, GRI released its new reporting standards. These new standards will apply to all organisations publishing reports in reference to or in accordance with the GRI Standards after 1 January 2023. Several sector-specific standards have also been published since, including GRI 13: Agriculture, Aquaculture and Fishing Sectors 2022. Below, we break down the differences between the standards and explain how to determine which ones apply to your organisation. Universal Standards GRI 1: Foundation 2021 GRI 1: Foundation 2021 explains the ‘why’ and ‘how’ of reporting against the GRI Standards. It highlights their purpose and the key principles to follow when reporting.  It also explains the following key concepts.   Impact: the effect that the organisation’s activities have or could have on the environment and society. Material topics: the impacts of organisation, prioritised according to their importance to the organisation and its stakeholders. Due diligence: the processes followed by the organisation to identify, prevent and mitigate its negative impacts. Stakeholders: all third parties affected by the organisation’s activities. Reporting principles GRI 1: Foundation 2021 also includes a set of principles to guide the reporting process, ensuring your organisation’s sustainability performance is represented fairly and accurately. These principles are listed below. Accuracy: the information is correct and sufficiently detailed. Balance: the information is presented in an unbiased manner and provides a fair representation of negative and positive impacts. Clarity: the information is accessible and understandable. Comparability: the information is selected, compiled and reported in a consistent manner. Completeness: the level of information disclosed is sufficient to assess an organisation’s impacts. Sustainability context: information on the organisation’s... --- - Published: 2022-11-10 - Modified: 2024-12-24 - URL: https://nexioprojects.com/the-iso-standards-for-sustainability/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English Unlock ISO standards for sustainability; streamline your business with certified eco-friendly practices and enhance global credibility. The demand for sustainable business practices is high. On top of that, organisations find themselves having to pore over their supply chains to screen for sustainable practices. With this demand comes an equal need to implement systems to support this. These systems can help: Decrease risks; Show commitment; Disclose progress; Continuously improve sustainability management systems. Organisations often rely on external audits and certifications to identify and validate their sustainability efforts. Among many standards and certifications, the ISOs often come up as the most widely used and relied on certification.   ISO certifications become a basis for deciding to engage, continue, or discontinue commercial relationships. As a result, organisations face the obligation to obtain such certification. However, we often see them having a difficult time navigating the complex world of ISO. This guide aims to simplify the links between ISO and sustainability. We provide further guidance on the relevant standards and certifications in this space. After reading this guide, you will know: Which ISOs matter for sustainability; An explanation of each ISO; The value of the standard or certification; Which one(s) might be relevant to your organisation; So... what is ISO?   The International Organisation for Standardisation (ISO) started in 1947 as an independent, non-governmental membership organisation. ISO has one common goal: standardising best practices for organisational management systems, designed for continuous improvement. Facts about the ISOs for sustainability There are 24,432 ISO international standards to this date; ISO is a provider of standards, not a certifier; The number of ISO certifications increased by 17% from 2019 to 2020 (according to the 2020 ISO survey); According to the same survey, here are the most up-to-date number of obtained ISO certifications worldwide: A management system approach to ESG Regardless of their aim and the topics they cover, all ISO certifications have the same foundation. They rely on the management system model: PDCA, or the “Plan-Do-Check-Act” model. The PDCA model provides a circular process for organisations to achieve continuous improvement. It can be described as follows: Plan Analyse your context; Establish objectives and processes to deliver results; Align with the organisation’s policy. Do  Implement the processes as planned. Check Monitor and measure progress against objectives; Analyse results; Report. Act Take actions to ensure continuous improvement. This is a cycle that keeps repeating itself. The benefits of ISO Incentivise leadership commitment and employee involvement; Comply with current and future regulations; Improve your reputation and stakeholder trust; Gain a competitive advantage through increased efficiencies and cost reductions; Achieve strategic objectives by incorporating specific issues into the organisational management system; There is high compatibility from one ISO standard to another; Benefit from synergies between ISO standards and external sustainability frameworks (e. g. , Sustainability Development Goals, UN Global Compact, GHG Protocol, EcoVadis, CDP, etc); Achieve higher sustainability performance, depending on the specific ISO; ISO for sustainability Now that you understand the foundation or building blocks of each ISO, we can dive into the ones that matter for sustainability. We will give you an overview of the ISO standards and... --- - Published: 2022-11-08 - Modified: 2025-05-06 - URL: https://nexioprojects.com/ultimate-guide-for-business-how-to-contribute-to-the-paris-agreement/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English Introduction Kyoto Protocol, Paris Agreement, Glasgow Climate Pact ... so many different climate change negotiations and treaties have been developed in the last few decades. On top of being overwhelmed by negative climate news, navigating the regulatory landscape can also be quite daunting. Therefore, we've put together an extensive article to run you through: The most relevant climate change agreements and treaties signed to this day; The best ways your organisation can align to these; How your organisation can effectively contribute to halting climate change.     A brief history of climate change negotiations The first international environmental UN conference took place in 1972. As a result, the United Nations Environment Programme (UNEP) was created. The first World Climate Conference followed in 1979 and in 1988 the Intergovernmental Panel on Climate Change (IPCC) came to life. The IPCC was established with the aim of assessing climate change impacts and drafting mitigation actions. After the first report, published in 1990, climate change obtained greater attention on the priority agenda. In 1994, the United Nations Framework Convention on Climate Change (UNFCCC) was founded. The main goal of the UNFCCC was to make sure that GHG concentrations wouldn't threaten human health and the climate system. Only one year later, in 1995, all Parties to the Convention gathered for the first Conference Of the Parties (COP), which happens yearly since then. In 1997, 192 Parties adopted the Kyoto Protocol, which, due to a long ratification process, came into force in 2005. The agreement contained binding GHG reduction targets for industrialised countries. The successor of the Kyoto Protocol is represented by the Paris Agreement. The latter is a legally binding international treaty on climate change adopted in 2015, during COP21, by 196 Parties. In the remainder of this article, we will explain in detail: What is the Conference of the Parties; What is the essence of the Paris Agreement and the following COPs' achievements; How your organisation can contribute to the Paris Agreement; What we should expect from further COPs. You can also download the article in the eBook version through the link below.   Download the free guide The Conference of The Parties  What is a COP?   The Conference of the Parties (COP) is the supreme decision-making body of the United Nations Framework Convention on Climate Change (UNFCCC). Or UNF triple C for short.   Its Parties, states and regional integration organisations, regularly meet to discuss the latest climate update(A).   Since 1995, the global community has been meeting on an annual basis.   Despite these regular conferences, GHG emissions have continued to increase over the past decades, as shown in Figure 1.   In fact, annual emissions rose to 51 billion tonnes of CO2 equivalents in 2018.   This is over 40% higher than in 1990 when global annual emissions were roughly 35 billion tonnes(B, C). Climate Commitments  Even if met, current pledges and targets (including Nationally Determined Contributions – NDCs) would still allow for the average global temperature to rise to... --- - Published: 2022-11-03 - Modified: 2025-02-12 - URL: https://nexioprojects.com/a-practical-approach-to-stakeholder-engagement-2/ - Categories: Uncategorized - Tags: Sustainability strategy - Tags: English Stakeholder engagement is key to creating a ripple effect throughout the entire value chain when it comes to your sustainability efforts. In the current business climate, organisations are increasingly expected and required to tackle some of the world’s greatest sustainability challenges. It has arguably never been more important to understand the topics and issues which are most important to those impacted by their business. In other words, their stakeholders. Engaging with these stakeholders is also a key element within reporting frameworks such as the Global Reporting Initiative (GRI). It becomes even more important due to upcoming legislation such as the European Union Corporate Sustainability Reporting Directive (CSRD). With this in mind, organisations should be prioritising stakeholder engagement as a central pillar of ESG strategy development and refinement.   What is stakeholder engagement? The AccountAbility Stakeholder Engagement standard defines stakeholder engagement as: “The process used by an organisation to engage relevant stakeholders for a clear purpose to achieve agreed outcomes”. Also noting that it is recognised as a key “accountability mechanism”. Stakeholders can be considered as any individual or group who may be directly or indirectly impacted by a company’s activities.   GRI identifies two reporting standards that are directly linked to stakeholder engagement: Stakeholder inclusiveness: the reporting organisation shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests. Materiality: the report shall cover topics that reflect the organisation’s significant economic, environmental, and social impacts or substantively influence the assessments and decisions of stakeholders. Why is it important, and what are the benefits? Research has shown how stakeholder engagement can have a positive influence on a huge range of business activities: Value creation; Strategic planning; Decision-making; Innovation; Corporate social responsibility; Sustainability. It is also a process that demonstrates transparency and accountability towards the people and groups that are impacted by the organisation. At the same time, it helps to mitigate any potential risks or conflicts. Stakeholder engagement allows companies to broaden their outlook away from just their own business operations and outwards into their value chain. By integrating the concerns and ambitions of groups who sit within this chain, you can better understand how to collaborate on key sustainability topics. It also allows teams to identify the strong and weak points of their strategy. And then, of course, action these in the context of business risks and opportunities. Stakeholder engagement is a vital element of materiality assessments. By gathering and balancing the different views, companies are able to identify the topics which are most material for their business. The principles of double materiality will be a key requirement of the CSRD. Those who will be impacted by this (and similar) legislation should ensure that they are prepared. The process will become mandatory for tens of thousands of companies in the coming years. You can read more about materiality assessments in our eBook and learn more about CSRD in our Factsheet, available here.   A practical roadmap for stakeholder engagement Step 1: Identify and prioritise key stakeholder groups  Here are some questions you can ask to identify the key stakeholders for your organisation: Which external stakeholders do you deal with most regularly? On which... --- - Published: 2022-10-08 - Modified: 2025-02-12 - URL: https://nexioprojects.com/your-top-ten-sustainability-reporting-questions-answered/ - Categories: Uncategorized - Tags: CSRD and reporting, Sustainability strategy - Tags: English In this article, we tackle the most frequently asked questions from our clients to help you meet regulatory requirements. “The transparency enabled by your report can act as a catalyst for delivering consistent progress towards your sustainability goals. ” From meeting customer expectations to ensuring compliance with upcoming regulations, it’s never been more important for companies to get clarity on their sustainability reporting strategies.   But with so many technical and organisational challenges to overcome on the road to reporting your sustainability performance, it can be difficult to know where to get started – or what your next steps should be.   At Nexio Projects, our experts can provide end-to-end support with a range of sustainability and reporting services. These include evaluating the success of sustainability initiatives, measuring your social and environmental impact, and embedding sustainability into your business strategy.   Read on for their answers to some of our clients’ most frequently asked questions about sustainability reporting.   1. What steps are required to produce your sustainability report?   The key to successful reporting is to set clear objectives and establish an effective system for measuring your performance. We divide this process into four stages:  Defining performance goals and KPIs Measuring performance Evaluating performance Reporting To define your goals, it’s important to know what reporting framework your company is required to follow. This will depend to some extent on your size and location.   For example, all listed companies with more than 500 employees in the EU must report under the Corporate Sustainability Reporting Directive (CSRD) from the 2024 financial year.   However, smaller companies or those outside Europe may have different incentives, such as disclosure requests from customers and suppliers.   Accurate reporting is all about using data to drive sustainability improvements within your organisation and with your suppliers. For example, carbon footprint is a key area of focus for many companies. You can use different methodologies to calculate your climate impact, such as supplier-specific data, average activity data or spend-based data. But whatever source you use, it’s important that it provides the most accurate and reliable representation possible of your organisation’s emissions.   There are also many challenges when it comes to processing, storing and analysing data. However, with the right systems in place, it’s much easier to make year-on-year comparisons and track improvements.  Setting clear KPIs is also critical to accurate reporting  2. Can you share some best practices for stakeholder engagement?    Collaborating with stakeholders across your company’s value chain is often important for sustainability reporting, especially when it’s about value chain impacts such as Scope 3 emissions or supplier labour policies.   However, it’s important to remember that each stakeholder will have a different level of knowledge, awareness and understanding of sustainability issues, analysis and reporting.   Knowledge sharing should therefore play an important role in your stakeholder engagement strategy. Explain what you're doing and why, including your sustainability reporting systems and how partners can contribute to continuous improvement.   You may also find it helpful to discuss the mutual benefits of transparent data sharing and value chain collaboration.   For example, your... --- - Published: 2022-09-22 - Modified: 2025-01-15 - URL: https://nexioprojects.com/4-practical-steps-to-implement-iso20400/ - Categories: Uncategorized - Tags: Sustainability procurement - Tags: English With up to 90% of GHG emissions coming from organisations' supply chains, procurement should probably be in the top 3 things to think of in relation to sustainability. You may also have seen recent reports uncovering supply chain scandals. Big companies tend to have large and complex value chains. More often than they should, they contain unsustainable working conditions. ISO 20400 is the international standard for sustainable procurement. It provides guidance to organizations on integrating sustainability within procurement’s strategy and actions. What is sustainable procurement? “Sustainable procurement is procurement that has the most positive environmental, social and economic impacts possible across the entire life cycle and that strives to minimize adverse impacts. ” ISO20400 International Standard  Introducing a sustainable procurement program can be the answer to many of the problems that businesses are currently experiencing:  It offers a competitive advantage: companies are able to respond to stakeholder expectations and foster more innovation through supply chain collaboration; It helps build a strong relationship with suppliers, resulting in more commitment from their side; It helps companies focus on environmental and social actions; It helps avoid supply chain and reputational risks associated with suppliers’ bad practices.  You may be thinking that this sounds great, but how do you go about implementing it? 4 steps to implement supply chain management (SCM) Step 1 – At the strategy level According to the ISO20400 sustainable procurement standard, the first step is for management to fully commit. To integrate sustainability into the procurement strategy an official mandate needs to be given to the right people. For large and extra-large companies, the head of procurement is accountable for carrying out the strategy. On top of that, sustainability is integrated into the teams’ objectives and job descriptions. For small and medium companies, the owner or manager, in the absence of a distinct procurement team/manager, will be accountable.  Integrating sustainability at this level will guide current and future procurement decisions. Supply chain performance is directly linked to that of the team. The next step is to implement and review the policy and the strategy. A policy expresses the procurement intentions, objectives and values. The document should take into account environmental, social and economic considerations and address the principles of sustainable procurement. For example, the policy can include the company’s commitment to not work with suppliers whose operations are not compliant. They can require companies to respect local and international standards on labour conditions and environmental practices.   A (sustainability) strategy is a written plan that outlines the key objectives and targets for sustainable procurement. It also presents a basic work plan. Setting goals comes from a clear overview of the procurement practices in place and the supply chain. To understand the supply chain the company should take into consideration:  The core management processes; The complexity and number of tiers; Transparency within the supply chain; Important actors and partners; External influences and sustainability impacts. Step 2 – At the people level  As always, stakeholders play an important part in the success... --- - Published: 2022-08-26 - Modified: 2025-01-16 - URL: https://nexioprojects.com/how-businesses-can-reduce-their-fossil-fuel-dependency/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English With time to achieve global climate goals running out, moving away from fossil fuels becomes more important than ever. Nevertheless, both the global economy and business processes still heavily depend on these energy sources. From gasoline used to run corporate fleets and planes, to natural gas heating offices, it is hard to imagine a world without fossil fuels. This article summarises why and how we can foster the green transition. Why do businesses need to transition away from fossil fuels? Fossil fuels are all those non-renewable energy sources that currently provide 80% of the world’s energy (Our World In Data, n. d. ). They include coal, crude oil, and natural gas. The name derives from the fossilisation of organic materials, which are then extracted and burned to generate energy. We started burning fossil fuels during the Industrial Revolution, and since then we’ve been heavily reliant on them. Figure 1 represents the global fossil fuel consumption per type. As shown below, our use of these sources has grown over time. Nevertheless, we need to move away from them and fast. The IPCC states that emissions from fossil fuels are the main cause of global warming. With over 75% of global greenhouse gas emissions coming from fossil fuels, the link between global warming and non-renewables is evident (UN, n. d. ). More specifically, Inside Climate News (2019) highlights that: Coal is responsible for more than 0. 3°C of the 1°C increase in global average temperatures; Oil accounts for 1/3 of the world’s total carbon emissions; Natural Gas is responsible for at least 1/5 of the world’s total carbon emissions. To stay within the path set out by the Paris Agreement in 2015, the IPCC stresses the need to halve fossil fuel emissions within 11 years. Despite these figures, the United Nations Environment Programme (UNEP) estimates that by 2030 we will produce more than double the amount of coal, oil and gas we can burn to limit global warming to 1. 5°C. The cost(s) of burning fossil fuels Burning fossil fuels does come at a cost(s). Aside from fossil fuel prices rising rapidly, environmental and social costs are significant too. Emissions and global warming pollution As stated above, fossil fuels are amongst the biggest contributors to global temperatures increase. Aside from releasing huge quantities of CO2 when burned, fossil fuels also emit other toxic air pollutants that jeopardise human health. Land degradation The extraction, treatment and transportation of oil, gas and coal have massive impacts on land and natural ecosystems. To build wells, pipelines, processing plants and waste disposal sites, entire portions of land are damaged dramatically. Water pollution The extraction and treatment of fossil fuels represent a significant threat to water resources. Other than the risk of water contamination, the production of fossil fuels consumes massive amounts of water. These keep on growing as drills extend and basins are overexploited. Ocean acidification Seas and oceans absorb part of the carbon emissions generated by human activities. As a result, the water’s chemistry is altered, and... --- - Published: 2022-06-03 - Modified: 2025-01-17 - URL: https://nexioprojects.com/a-response-to-doppers-to-b-or-not-to-b/ - Categories: Uncategorized - Tags: Awareness & Education - Tags: English To B or not to B? That's the question. Or is it? We have a different response. But first, some context. The reusable water bottle producer Dopper is calling out B Lab for recognising the B Corp certifications to Evian and Spadel. The latter produce single-use plastic water bottles, thus contributing to the problem of plastic waste. The resulting pollution is endangering the health of our oceans and lands.   As members of the B Lab community ourselves, we'd like to raise our voices to inspire and turn this conflict into an opportunity for collaboration. Dopper - On a mission to empower people to choose reusable water bottles Dopper aims to transform the industry by putting single-use water bottles out of business.   The Dopper water bottles are sustainably produced with durable and recyclable plastic. As a result of their various initiatives, Dopper prevented 66. 587. 592 kilos of single-use plastic from entering our oceans. You can find out more about Dopper's initiatives around the globe here.   Evian - The #1 premium natural spring water worldwide (GlobalData, 2018) Known as light and easily drinkable, Evian water comes from a natural spring source in the French Alps.   As its business heavily relies on nature, Evian works on three main sustainability areas: The preservation of the water spring; The continuous development of more sustainable packaging and recycling options; The reduction of their carbon footprint. Spadel - A regional leader in natural mineral water brands Spadel has a strong regional focus in the European market with the goal of containing the environmental impact of transport.   Other than carbon footprint reduction, the company also strives for packaging recycling and biodiversity protection.   What does it mean to be a B Corp? B Lab operates under the mission of transforming the global economy into an inclusive, equitable, and regenerative one. As businesses play a central role in this transition, B Lab encourages organisations to be a force for good. Specifically, it developed a certification process to verify sustainability claims from the private sector.   The pivotal conditions to achieve the B Corp certification are the following: Legal commitment - Organisations aiming to become B Corps must submit a legal commitment by changing their corporate governance structure to be accountable to all stakeholders; Transparency - The information concerning the performance assessed through the B Lab's standards must be publicly available, in line with the idea of being accountable to a wide range of stakeholders; High social and environmental performance - Businesses will achieve the certification only if their entire social and environmental impact exceeds a minimum score set by the B Lab. The true meaning of sustainability Plastic waste represents one of the main threats of our century, that much is certain. But sustainability is about more than waste reduction. According to Plastic Soup Foundation, since the 2000s, more than half of all the plastics ever produced have been made (Figure 1).   Moreover, out of the 9. 2 billion tons of plastic manufactured between the 1050s and 2017,... --- - Published: 2022-05-10 - Modified: 2025-01-16 - URL: https://nexioprojects.com/earth-day-an-update-on-the-planetary-boundaries/ - Categories: Uncategorized - Tags: Awareness & Education - Tags: English Earth Day: Invest in our planet Clean up plastic waste around the city, plant trees in a nearby park, or switch to a vegan diet. There are plenty of things one can do on Earth Day to make a difference!   On the 22nd of April, we celebrate Earth Day! It was originally started in 1970 by San Francisco activist J. McConnel and Wisconsin Senator G. Nelson, who asked USA citizens to join a grassroots demonstration. Over the years, Earth Day not only started to be an occasion to raise awareness around environmental problems. It turned into an opportunity to engage in virtuous initiatives such as community litter clean up, tree planting, and volunteering.   This year's theme is "Invest in Our Planet". The goal is to engage governments, businesses, and individuals to find solutions to the environmental and climate crisis. Investing in our planet has never been more important, as the upcoming decade will be the decisive one to prevent climate change from causing irreversible changes. To understand the urgency of action and what organisations can do, we refer to the Nine Planetary Boundaries Framework developed by J. Rockström in 2009.   The Nine Planetary Boundaries Framework The Nine Planetary Boundaries (PB) Framework is based on the processes that regulate the stability and resilience of our planet. It identifies the limits within which humanity can continue to develop without the risk of generating severe and irreversible environmental changes.   Unfortunately, as shown in the picture below, we have already over-reached six out of the nine boundaries. But let's dive into the meaning of each one of them before discussing the implications for the private sector.   Climate change Climate change is the consequence of an increasing concentration of carbon dioxide in the air. The 'safe limit' identified by the Paris Agreement is a maximum of 2 degrees above the pre-industrial level. According to the Planetary Boundaries Framework, we are rapidly exceeding the safe threshold falling into the risk of causing irreversible changes. Chemical pollution and the release of novel entities Novel entities refer to those substances introduced by human activities which can cause unwanted geophysical and biological impacts.   To name a few heavy metals, radioactive waste, pesticides and microplastics. The latter has been even found in human blood (The Guardian, 2022). Scientists have not defined a single significant boundary for this issue yet because of the complexity in perceiving the effects generated.   Biodiversity Iitegrity As explained in one of our latest blog articles, biodiversity covers the variety of all living organisms, including the variety in species, between species, and ecosystems. Biodiversity is threatened by the effects of climate change and human activities and declining at a dramatic rate. Since 1970, our behaviours have wiped out 2/3 of world’s wildlife (NPR, 2020). This is causing changes in ecosystem services that account for an estimated economic value of almost $30 trillion (SpringerLink, 2019). Land-system change Human activities are causing significant changes in the land system, affecting forests, woodlands, and grasslands.   Particularly, surpassing... --- - Published: 2022-04-26 - Modified: 2025-01-16 - URL: https://nexioprojects.com/a-guide-to-carbon-offsetting/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English A box of carbon neutral bananas in a Dutch supermarket, a carbon neutral holiday with flight included, carbon neutral law-firms and carbon-neutral transport; how can things that emit greenhouse gas emissions, be carbon neutral?  That’s where carbon offsets, or carbon credits, come in. What's a carbon offset? Companies and individuals can invest in environmental projects around the world to compensate for their own (unavoidable) emissions.  A carbon offset is an avoidance, reduction, or removal of greenhouse gas emissions, which compensates for emissions made elsewhere.  Offsets are measured in tonnes of carbon dioxide equivalent (tCO2e) reduced or removed from the atmosphere. One carbon offset represents one ton of carbon dioxide or its equivalent in other greenhouse gases. Types of carbon offsets: planting trees or avoiding forest fires There are two categories of offset projects.  Avoidance and reduction projects, and removal projects. Avoidance and reduction projects are ones where emissions are avoided or mitigated. For example, replacing greenhouse gas emitting wood stoves in family homes with efficient biogas cookstoves. Or supplying a village with renewable energy from locally owned windmills. Another avoidance project is the prevention of deforestation. Removal projects on the other hand, support the capture and sequestration of greenhouse gas emissions, for example by planting trees or sucking CO2 out of the air. Who came up with the idea of carbon offsets? The first carbon offset project was done in 1989, by an American electric power company, that wanted to finance an agro-forest in Guatemala to offset the emissions by their new coal-fired power plant. In 1997, The Kyoto protocol, an international treaty mandated industrialised countries to limit and reduce greenhouse gas emissions, included carbon offsets into their plan. The main idea was that as greenhouse gases emitted into the atmosphere quickly spread worldwide, so in theory it doesn’t matter where the carbon is emitted – or removed. Thus higher-income countries could purchase carbon credits from other countries, and thereby compensate their emissions. Nowadays, the Kyoto protocol expired and was replaced by the Paris agreement which holds on to stricter emission reductions for all countries. This results in less carbon trading opportunities, as lower- and middle-income countries first must reach their own carbon targets and can only trade ‘leftover credits. ’ Who can use carbon offsets?   Carbon offsets can be used in a voluntary or compliance market. The voluntary market applies to individuals, companies, or other organisations that purchase carbon offsets to mitigate their greenhouse gas emissions. A person or organisation can choose to offset a single service, like a flight, or offset for all emissions to reach carbon neutral or net-zero. Within the voluntary market, there are different certification programmes (e. g. , The Gold Standard; Fairtrade Climate Standard; Verified Carbon Standard; Climate, Community and Biodiversity; Puro Standard; Climate Action Reserve) which provide standards, guidance, and requirements for project developers to ensure that the carbon offset credits meet quality standards. As different labels have different standards, prices per carbon credit can vary widely. For example, a flight from Amsterdam to Barcelona can be compensated for different prices ranging from 3,45 euro at TreesforAll to 6 euros at biogas-switcher Hivos.  In compliance market like the... --- - Published: 2022-04-14 - Modified: 2025-01-15 - URL: https://nexioprojects.com/why-you-should-pay-attention-to-the-biodiversity-crisis/ - Categories: Uncategorized - Tags: Awareness & Education, Sustainability strategy - Tags: English In February 2022, the Intergovernmental Panel on Climate Change (IPCC) shined a light on the strong interconnectivity of ecosystems, biodiversity and human systems. Its report Climate Change 2022: Impacts, Adaptation and Vulnerability outlines many ways in which we depend on nature. A diversity in flora and fauna is essential as they interact in balance with each other to sustain each other. How do we know we're in a state of biodiversity crisis? Extensive research has shown that biodiversity is in rapid decline. With the Living Planet Index, WWF monitors around 21. 000 populations of mammals, birds, fish, amphibians and reptiles. The Living Planet Report released in 2020 finds: An average loss of 68% loss in populations sizes of all monitored species between 1970 and 2016; An average extinction rate of 94% in the subtropical subregions of the Americas between 1970 and 2016. Further research finds: Humans have caused the extinction of 869 species in the last 500 years. More than ½ of the world’s economic output – more than 44 trillion USD – is moderately or highly dependent on nature. The collapse of our ecosystems will thus equal the collapse of our economic systems. But what is the role that companies are playing in this biodiversity crisis? What can companies do to connect their net-zero commitments with protecting biodiversity? To answer these questions, we first need to understand: What is biodiversity? How is it essential to sustain a liveable planet? How is it interconnected with climate change? What is biodiversity? Biodiversity covers the variety of all living organisms (mammals, fish, amphibians, fungi, plants, bacteria etc. ), including the variety in species, between species, and ecosystems. An ecosystem is an area including the living organisms and non-living environments that interact with each other within that space. Due to this interaction, biodiversity and entire ecosystems are able to adapt and build resilience against changes. As one side of the coin, biodiversity could even be a positive force against climate change. But, if climate change develops faster than biodiversity is able to adapt to it, the loss is likely to exacerbate climate change and its severe consequences. How is it essential to sustain a liveable planet? The IPCC Climate Change 2022: Impacts, Adaptation and Vulnerability report confirms this correlation. Due to the limited capacity of ecosystems and biodiversity to adapt to climate change, it will become much harder to restore them beyond the 1. 5°C global warming. These changes can cause irreversible damage. Therefore, both governments and companies must all be paying more attention to protecting our planet’s ecosystems and biodiversity. 30-50% of the earth’s land, freshwater and ocean habitats need to be restored and conserved for nature to be able to absorb and store carbon. Mangroves – for example – typically grow in salty or brackish waters. There they provide natural habitats for both terrestrial and aquatic life and they are known to protect coastal areas against eroding. Mangroves have diversified up to around 70-80 different species each uniquely suited for the ecological environment they are... --- - Published: 2022-03-03 - Modified: 2025-01-03 - URL: https://nexioprojects.com/using-cdp-as-a-tool-to-report-on-esg-strategy/ - Categories: Uncategorized - Tags: Climate risk and CDP reporting - Tags: English Navigate the Sustainability Maturity Curve: your roadmap to sustainable growth and competitive advantage. On December 7th 2021, the most recent CDP scores were released, publicly showcasing the environmental performance of over 13,000 organisations worldwide. What is CDP? Formerly known as the Carbon Disclosure Project. CDP is an NGO that aims to facilitate environmental reporting, not only for companies but also cities, states and governments. Its vision: To build a sustainable economy by measuring and acting on environmental impact With that, the organisation pioneered environmental disclosure by bringing investors and organisations as well as suppliers and customers together around environmental performance. Every year, CDP releases self-assessment questionnaires that allow stakeholders to transparently and publicly communicate on their most environmentally relevant KPIs. The questionnaires cover 3 main topics: Water; Climate Change; and Forests. CDP in 2022 Investors and customers across the globe are requesting environmental data from their business partners. This is an attempt to reduce third-party environmental risks and participate in the corporate carbon reduction movement. Organisations aim to get in line with worldwide initiatives: the Paris agreement; Race to zero campaign; Science-Based Targets initiative; and many more. The assessment is a gold standard in the climate risk tools. The economy is turning to CDP climate reporting for monitoring environmental data and performance of its business partners. CDP has, since its beginnings in 2000, experienced a surge in popularity. In 2021, 13,000 organisations disclosed through CDP. That's 35% more than 2020 and over 141% more than when the Paris Agreement was signed in 2015 (source: cdp. net). Moving on to a new year, an increasing number of companies are considering embedding CDP reporting in their sustainability strategies. Is 2022 be the year to start reporting through CDP? Let’s run through some insights, benefits, and practical recommendations on the CDP reporting framework. Important dates Disclosure requests are to be sent in April The Online Response System opens April 11 The submission deadline is July 27th, 2022 Facts & Figures  If we look at the economic impact of climate change we can see the following: In 2021, a record-breaking 13,000+ companies representing over 64% global market capitalisation disclosed through CDP. This is 35% more than last year, and over 141% more than when the Paris Agreement was signed in 2015. Out of the total of 2021 responses, 99. 5% of CDP respondents disclosed on climate change, making it by far the most popular service. Every year, CDP publishes the most performant companies in environmental disclosure. In 2021, 200 companies have made the climate change A-List (access the full ranking here) The benefits of CDP Disclosure  Overall benefits The business case for sustainability is today a common understanding. A wide array of research on the topic has successfully demonstrated that sustainability strategies come with operational efficiency, lower costs and increased reputation (Source: Whelan & Fink’s research (2016), or Porter & Kramer (2011)). Transparently reporting on sustainability brings about similar effects. In fact, reporting on sustainability has been associated with: Enhanced cost-saving strategies; Heightened risk identification opportunities; Better strategic planning; Bringing forward a competitive edge over non-reporting peers. In addition,... --- - Published: 2022-02-10 - Modified: 2024-12-24 - URL: https://nexioprojects.com/top-6-questions-about-sustainable-procurement/ - Categories: Uncategorized - Tags: Sustainability procurement - Tags: English Are 50 euros for a pair of jeans a reasonable price? Consider the environmental and social impact generated to produce them.  You would likely come to the conclusion that the answer is no. How about the products or services that your organisation sells?   The textile industry is responsible for using nearly 400 billion litres of water annually for materials production. Adding on the amount of CO2 generated during upstream operations and transportation. All of this makes the industry responsible for roughly 4% of the total global emissions. What is more, according to the International Labour Organisation, almost 21 million people globally are victims of forced labour within the textile industry alone. At least two-thirds of the average environmental and social impacts of an organisation lie along its supply chain. (McKinsey 2021)  These numbers motivated us to address “The What, Why & How of Sustainable Procurement” in the first article in our series. In this blog, we will dive deeper into the “How”. We address the biggest challenges organisations face in building sustainable supply chains. And of course, offer best practices and advice.   It’s clear that an organisation implementing a sustainable procurement programme can have a huge positive impact. Much of an organisation’s environmental and social impact can be found outside its direct operations. From the purchasing of materials to the outsourcing of production for products.   Sustainability initiatives in the supply chain, therefore, offer the greatest opportunity for an organisation to shape its social and environmental footprint.   The benefits of a sustainable procurement programme Reduce greenhouse gas emissions; Reduce environmental impact; Support human rights; Increase supplier diversity. Aside from impact, your organisation can become more attractive to consumers. Trends have shown that Gen Z consumers are expanding the sustainability conversation, influencing consumers of all ages. As shown in Figure 1, between 2013 and 2019 there has been a 30% increase in the number of consumers, across all generations, willing to pay a premium price for sustainable products. The benefits are clear, and yet such a task raises many challenges and questions that are not always easy to answer. To help, we’ve taken seven of the most common challenges and questions we’ve heard from organisations and clients. In this blog, you will find an answer or advice to each of them. 1. Lack of knowledge regarding sustainable practices  Some organisations face a lack of internal knowledge regarding sustainability and sustainable procurement. How can you address this? It is always important to ensure that employees within an organisation are aligned in their understanding of sustainability and sustainable procurement. A straightforward way to do this is through training. This makes the benefits, potential challenges, and how your organisation is involved in sustainable procurement clear to stakeholders (including employees). This brings clarity to the next steps and what tools and resources are needed to adapt the procurement process.   A big knowledge gap exists around data. There are different ways to solve this. If your organisation does not have a process in place, start... --- - Published: 2022-02-10 - Modified: 2025-01-17 - URL: https://nexioprojects.com/measuring-ghg-emissions/ - Categories: Uncategorized - Tags: Net zero and decarbonisation - Tags: English Climate change risks and opportunities for businesses Climate change is impacting our societies at an alarming rate. Whereas at the beginning of this millennium it was still an abstract concept for many, nowadays its effects are showing more and more drastically. Human activities have caused atmospheric greenhouse gas concentrations to rise at an unforeseen rate. Consequently, the average global temperatures have continued to rise, leading to the past seven years being the hottest on record. Global sea-level rise has nearly doubled in the last century. More than 10 million hectares of forests are lost every year to deforestation. The resulting impacts are in many ways detrimental to both our planet and to humanity. Climate-related disasters, mostly caused by extreme weather events, flooding, and drought, have increased from 3,656 in the 1980-1999 period to 6,681 in the 1990-2020 period – by more than 80 %. In the past 10 years, climate-related disasters have impacted 3. 2 billion people globally and resulted in US$2. 97 trillion in economic losses. Needless to say, drastic measures are needed to halt this alarming progress. Under the Paris Agreement, the world agreed to halt global warming at 1. 5°C or well below 2°C above pre-industrial levels to limit the dangerous effects of climate change. Currently, the global average temperature is almost 1. 2°C above the pre-industrial levels. The goals set by the global community can only be reached if all actors – governments, individuals, and companies – make a tangible change. The private sector has an important part to play and doing so is in any business’ best interest. According to United Nations Global Compact, the global business community has up to US$24 trillion per year worth of assets at risk of climate change. These risks are not only created by the physical impacts of climate change, but also by market changes and new policy and legal measures. Governments will continue to step in to manage emissions and avert and adapt to climate change. One such measure is carbon pricing through emissions trading schemes (ETS) and carbon taxation. The EU has already adopted its supranational trading scheme to put a price on carbon. In 2020, there were 61 carbon pricing initiatives implemented or planned all over the world, with the number expected to grow in the future. In addition to putting the burden of cost on heavy emitters, more and more governments are looking to make reporting and verification of emissions mandatory and cover larger shares of companies’ operations. For example, according to the UK’s new reporting obligation to companies, reporting energy use and greenhouse gas emissions has become mandatory. In addition to this, climate-related legal action has seen a significant upwards trend in past years. Globally just over 800 legal cases were filed between 1986 and 2014, with over 1,000 cases being brought in the last six years. Understanding these climate-related risks is vital for mitigation. Failure to do so can lead to Severe disturbances in business operations; Disrupts in supply chains; Litigations; A loss of customers to more climate-responsible competitors; And thus decreased profitability. Additionally,... --- - Published: 2022-02-08 - Modified: 2025-01-17 - URL: https://nexioprojects.com/everything-you-wish-you-knew-before-writing-a-sustainability-report/ - Categories: Uncategorized - Tags: CSRD and reporting, Sustainability strategy - Tags: English Are you in the process of writing a sustainability report? Are you encountering struggles along the way and wish to optimise them for next time? Are you thinking of writing a report, but are unsure where to start? We have created this guide to support you and your organisation throughout your sustainability disclosures. This guide provides the following: A summary of key steps in the sustainability reporting process; Explanation of how to conduct them; Best practices to make the process as efficient as possible. Start early  Writing a sustainability report can be a lengthy process and the best way to manage the different steps is to start as soon as possible. While people often only think about the drafting stage, the preparation is just as, if not more, important. To get the most out of the report, we advise completing these steps before the drafting begins. Set up a timeline Engage with stakeholders Conduct requirements research Assign and align tasks and responsibilities Align the C-suite Involve the comms team Include materiality  Determining what is material to your organisation, what standards to follow and how to use the materiality assessment to guide reporting is a crucial step. You might be inclined to include everything you can, but it is important to keep the report focused on the identified material topics. Key questions that will be answered through a materiality analysis are: Who are my organisation's key stakeholders? What are the areas of material focus? Where should we focus our efforts and resources? If you want to know more about materiality, please have a look at our dedicated eBook - Guiding You Through the Materiality Assessment. Stakeholder engagement  To identify and assess material impacts, your organisation will unavoidably have to engage with relevant stakeholders before initiating the sustainability reporting process. Examples of stakeholders are employees, boards of directors, clients, suppliers, nongovernmental organisations, local communities, and/or academics. Opening the conversation with stakeholders can have strong benefits for your organisation: Identify strengths and weaknesses Manage risks Communicate with stakeholders Contribute to ongoing learning Know your audience  It is important to keep in mind that sustainability reports are generally targeted at an external audience. Defining the external audience is up to each organisation, but will likely include investors, customers and partners. This is important to distinguish as different audiences will be interested in different types of content. While investors are primarily looking for links between sustainability and financial performance, consumers want to see the overall picture of your organisations’ impact on society and the environment. There are a number of frameworks to align with to ensure that reporting is relevant and accurate. Although the main targets may be external, a CSR report constitutes an efficient tool to communicate sustainability efforts with employees. On top of raising awareness, it also contributes to increasing motivation and commitment towards achieving sustainability goals. Choose a framework By now, a multitude of different sustainability reporting frameworks has been developed. Among the many, the following are the most commonly used: Global Reporting Initiative, GRI... --- - Published: 2022-01-13 - Modified: 2024-12-24 - URL: https://nexioprojects.com/2022-update-on-the-new-csrd/ - Categories: Uncategorized - Tags: CSRD and reporting - Tags: English With around 50,000 companies in Europe required to align with the new Corporate Sustainability Reporting Directive (CSRD), you'd better be ready to meet the new reporting requirements! Even though we are approaching the initial 2024 deadline for the adoption of the CSRD, there is still a lot of buzz and uncertainty around this new EU regulation. With this piece, we will go through the latest 2022 updates on the CSRD and highlight the implications for your business. But before getting started, we recommend you to read our article on EU Sustainability Reporting to get a thorough understanding of the evolution of the European Reporting Directives over time. Framing the concept  Adopted on the 21st of April 2021, the Corporate Sustainability Reporting Directive (CSRD) will substitute the Non-Financial Reporting Directive (NFRD). The new Directive will widen the pool of companies asked to comply and reinforce disclosure's quality, consistency and transparency requirements. The main goal of the CSRD consists in increasing the verifiability, accessibility and coherence of non-financial data. Moreover, the Directive aims to enhance alignment between non-financial and financial standards.   What to disclose? The reporting requirements under the CSRD are still in development. Nonetheless, companies will have to disclose:  Material issues and potential future risks; Information about the long-term sustainability goals and progress towards their achievement; Information to link reporting with other recent European regulations, such as the Sustainable Finance Disclosure Regulation (SFDR) and the EU Taxonomy. Differently from the NFRD, which mainly focuses on past performance, the CSRD gives a complete representation of organisations' sustainability progress. Finally, the new Directive makes it mandatory to have the report in electronic (XHTML) format and undergo an auditing process.     Who should disclose according to the new CSRD?   The CSRD extends the range of companies obliged to disclose their non-financial information. Under the previous NFRD, companies required to report were public-interest organisations with more than 500 employees. With the CSRD coming into force, sustainability reporting will become mandatory for all listed companies, as well as for those that meet at least 2 of the following criteria:  More than 250 employees; More than 40 million turnover; More than 20 million on the balance sheet. Timeline  The Council of the European Union has decided to postpone the enactment of the CSRD. Moreover, the deadlines to comply with the Directive will vary based on the nature of the reporting entity. This segmentation considers the resources organisations have to complete the transition. Therefore, three different groups have been identified:  Organisations already falling within the scope of the NFRD will be subject to the CSRD starting in January 2024 and begin reporting in 2025 on 2024 data; Large companies not currently subject to the NFRD will fall under the CSRD starting in January 2025 and begin reporting in 2026 on 2025 data; Liste small & medium-sized enterprises (SMEs) and small credit institutions and insurance organisations. They will be subject to the CSRD from the 1st of January 2026 and start reporting in 2027 on 2026 data. As... --- - Published: 2022-01-12 - Modified: 2025-01-17 - URL: https://nexioprojects.com/the-role-of-education-in-shaping-a-sustainable-future/ - Categories: Uncategorized - Tags: Awareness & Education - Tags: English Setting the scene: Data from the educational sector According to statistics from The World Bank, the current enrolment rate for primary education is 89%, whereas the enrolment rate for secondary education amounts to 66%.   As shown in Figure 1, significant gains have been recorded over the past 20 years in education enrolment.   Figure 1. Net school enrolment rate Nevertheless, according to UIS data, 258 million children and youth are still out-of-school as of 2018. 22% of the total stands for children of primary school age, 24% of lower secondary school age, and finally 54% of upper secondary age.   UNICEF data identify Asia and Sub-Saharan Africa as the geographical areas with higher percentages of out of school childhood and youth. Indeed, one in every three children is not enrolled in educational programs. Moreover, disparities across gender are also marked with an un-enrolment rate of girls 23% higher than boys.   Figure 2. Out of school children victims of child labour Finally, the data identifies a huge gap between out-of-school rates in the poorest and wealthiest countries. Across the world's low-income countries, the upper-secondary out-of-school rate amounts to 59%, whereas high-income nations register a rate of just 6%.   Normative frameworks in education for sustainable development We are on the journey for a more sustainable future. A variety of different enablers contribute to sustainable development. Education has the role of providing skills and knowledge to face global challenges with a more sustainable mindset than the one which created them. This set of skills and competencies will play a central part in overcoming hurdles such as climate change, environmental degradation, social inequalities and poverty.   In short, sustainable development must encompass education, and education must integrate sustainable development. Political regulations and financial incentives do not suffice to shape a more sustainable society. A switch in our way of thinking and acting is needed as well.  Indeed, the concept of education for sustainable development (ESD) derived from the need for education to address global environmental challenges facing the planet. Shared recognition of ESD as a fundamental pillar for sustainable development can be traced back to three main UN summits on sustainable development: 1992 - UN Conference on Environment and Development 2002 - World Summit on Sustainable Development 2012 - UN Conference on Sustainable Development Moreover, Article 12 of the Paris Agreement recognises the importance of ESD and, finally, the importance of education for sustainable development is portrayed by the Agenda 2030. Sustainable Development Goal 4 strives to: "ensure inclusive and equitable quality education and promote lifelong learning opportunities for all. " Under SDG 4, the following targets have to be achieved by 2030: Ensure complete free, equitable and quality education leading to relevant and effective learning outcomes; Increase the number of people with relevant skills for employment, decent jobs, and entrepreneurship; Ensure that all learners acquire the knowledge and skills needed to promote sustainable development. Within the framework developed in 2019 by the United Nations for the implementation of education for sustainable development (ESD), the following priority action areas... --- - Published: 2022-01-10 - Modified: 2024-12-24 - URL: https://nexioprojects.com/threats-and-opportunities-of-climate-change/ - Categories: Uncategorized - Tags: English Climate change is on everyone’s lips, and as extreme weather events continue to rise, the importance of assessing and understanding the risks becomes more and more evident. Over the past few years, severe weather phenomena have accumulated in a long list.   From rising seas and sinking cities such as Venice or Miami to wildfires in California and Australia, the scene can be perceived as apocalyptic. The window of opportunity to avoid irreparable changes is rapidly closing. In fact, we are at the point where climate action is no longer meant to avoid climate change impacts but to keep them under manageable magnitude.   However, it’s not all doom and gloom. The Task Force on Climate-Related Financial Disclosure (TCFD) has developed a framework for companies, banks, and investors on climate-related financial disclosure.   Within the framework, climate change is not only associated with risks but with opportunities as well.   Figure 1. TCFD Framework The risks of climate change under the TCFD Framework The first differentiation in climate-related risks is between physical and transitional risks. Physical risks can be defined as the economic costs and financial losses deriving from: Extreme climate change-related weather events (acute physical risks, i. e. floods, wildfires and storms); Longer-term gradual shifts of the climate (chronic risks, i. e. ocean acidification, higher average temperatures, rising sea levels); Indirect effects of climate change (i. e. water and food shortage, degradation of soil quality). The implications of such risks are summarised by the following two examples: Thailand floods in 2011 In 2011 Thailand was hit by record-severe monsoon rains and tropical storms that translated into a flood disaster responsible for causing one of the highest-ever worldwide insured losses from flood catastrophe. It resulted in 13. 6 million people being affected. Toyota estimated a $2. 5 billion loss in profit, and insurance rates increased dramatically. Source: Getty images. 2011 Thailand Flood Climate change bankruptcy of PG&E in 2018 Pacific Gas and Electric Company (PG&E) was the first to break into bankruptcy because of climate change. It was held liable for $30 billion as a result of wildfires that destroyed its service area between 2017 and 2018.   For those that still haven’t defined climate action plans, claiming climate change impacts to be long-termed, PG&E’s fate proves the exact opposite.   Climate change not only manifests long-term costs but there are also short-term ones. The only difference is that the former will be way bigger if we don’t seize the opportunities to act now.   On the other hand, the TCFD Framework identifies transitional risks. Transitional risks are all of those risks related to the transition towards a low-carbon economy and include policy and legal, technological, market, and reputational risks. Policy and legal risks refer to the introduction of reporting obligations, carbon pricing, or even new regulations for existing products or services; Figure 2. Climate laws and policies The technological risk is related to the replacement of existing products and services with lower greenhouse gases-emission alternatives, such as renewable energy... --- - Published: 2021-10-14 - Modified: 2024-12-19 - URL: https://nexioprojects.com/an-introduction-to-corporate-sustainability-training/ - Categories: Uncategorized - Tags: Awareness & Education - Tags: English Public pressure is increasingly demanding companies to tackle sustainability issues caused by their business activities. Nevertheless, how can this be possible if expertise and environmental awareness are not widely spread within organisations? Small actions make a big difference. Organisations should engage employees from the bottom up to improve sustainability planning. To do that, it is crucial to link sustainability to operations and daily work. That is where corporate sustainability training comes into place. At the management level, sustainability training educates executives to conduct business while managing competing interests of shareholders, the planet, and society as a whole. Additionally, the training provides employees with the competencies to embed leadership in sustainability within their everyday work. Training plays a crucial role in human resources development. It poses as a source of competitive advantage and increased efficiency, motivation, and productivity. Moreover, it is fundamental in driving corporate change by creating a uniform base of expertise for the organisation's business goals. If companies desire to embed sustainability reporting within their DNAs, then effective training methods are key. It creates an involved and acknowledged workforce, stimulates innovation, and ties sustainability to the way of working and thinking. In terms of tangible benefits that companies can derive from investing in sustainability programs, the following are worth mentioning: Through sustainability training employees understand the potential of sustainability efforts implemented by their company, thus comprehending the "business case for sustainability". Hence, employees themselves will learn how to best embrace sustainability and shape strategies to leverage corporate sustainability performances. Finally, experts have demonstrated that through sustainability training, the engagement of employees in environmental, social, and governance (ESG) practices notably increases. At this point, we turn attention to the who, the why, and the how of sustainability training. Who is sustainability training for? The goal is simple: Creating a sustainability plan throughout the organisation. For executives, sustainability training is crucial in developing skills and expertise. It helps them to address environmental and social issues, manage risks, and integrate sustainability KPIs within the strategy. Corporate training programs also provide executives with the key competences to be leaders and inspire change among the business structure. Concerning that, training plays a huge part in supporting managers redirecting their organisations towards sustainability. For executives, it can be difficult to manage trade-offs between economic, environmental, social goals, other than short and long-term ones. After integrating ESG framework within executives' values and decisions, all employees have to be involved as well to build the change from the ground up. In conclusion, the employees should spread the sustainability strategy development across the whole organisational structure. Read our factsheet for practical tips about organisational change management for a more sustainable future. Engaging workers in ESG programs should not be that hard, based on the results of the 2016 survey conducted by Cone Communications: 70% of the respondents perceive stronger loyalty to companies involved in sustainability initiatives; 58% of the interviewees stated that organisational sustainability commitments are taken into consideration when looking for job opportunities. Do you need to implement Corporate Sustainability Training? Corporate... --- - Published: 2021-10-08 - Modified: 2025-02-12 - URL: https://nexioprojects.com/a-step-by-step-approach-to-advance-your-sustainability-strategy/ - Categories: Uncategorized - Tags: Sustainability strategy - Tags: English In this article, we provide practical tips on developing your sustainability strategy to help you lead the sustainability maturity curve. “To create an informed sustainability strategy, you need a clear view of the issues that are material to your business. ”  Why is it important to develop a sustainability strategy?   Creating a holistic and pragmatic sustainability strategy can be key to future-proofing your business, taking you from compliance to purpose. On the one hand, it can be key to ensuring compliance with increasingly stringent regulations. On the other hand, it’s essential for meeting rising consumer expectations and improving your resilience to future disruptions. Read on for practical tips on developing your sustainability strategy.   Step 1: Identify your impact factors  To create an informed sustainability strategy, you need a clear view of the issues that are material to your business. This means being aware of all the factors that could affect your growth strategy, as well as how your company impacts the environment and communities. We recommend assessing the materiality of issues according to the four pillars of sustainability, which include human, social, environmental and economic factors.   Each company’s unique set of material issues will differ based on a variety of factors, including:   Your industry For companies in high-growth industries, where new hires are key to your growth, human factors such as the availability of qualified staff may have a greater impact. The size of your company The impact of social factors such as labour strikes and your ability to resolve them can vary depending on the size of your business. The location(s) of your company Depending on the locations of your business operations, you may need to take into account environmental factors such as floods, droughts and pollution. Your position in the supply chain The effect of economic factors such as state investment or reduced consumer demand may vary depending on your position upstream or downstream in the value chain. Taking a broad view of your organisation’s impacts  One of the best ways to determine your impact factors is through dialogue with internal and external stakeholders. Surveys and interviews can be very useful tools to understand the issues they consider relevant. For example, imagine your company produces consumer goods, and retailers find that end-consumers are becoming more aware of the environmental impact of their purchases. In this case, the ecological footprint of the product would become a material issue. You can also draw insights from your company’s EcoVadis assessment. Undergoing the industry-specific assessment process is a great way to learn about the key sustainability challenges in your industry. During the assessment process, you’ll receive an evaluation of your sustainability practices, and EcoVadis will then provide you with tailored advice to help you improve your performance. Learn more about the benefits of the EcoVadis assessment in this article. Finally, a sustainability consultant can support you in every step of your sustainability journey, from strategy development and the measurement of impact factors to the implementation of sustainability initiatives and best practices. Step 2: Determine your long-term vision and mission  Once you have defined your material issues, you can start... --- - Published: 2021-09-07 - Modified: 2025-01-03 - URL: https://nexioprojects.com/cirfood-is-the-first-catering-company-to-go-for-ecovadis-gold/ - Categories: Uncategorized - Tags: EcoVadis, Sustainability procurement - Tags: English Navigate the Sustainability Maturity Curve: your roadmap to sustainable growth and competitive advantage. Recently, CIRFOOD has taken important steps in the field of sustainability. For example, the very first 100% vegetarian restaurant was opened at the Delft University of Technology. The basis for this is a new, ambitious sustainability strategy that the company has developed together with Nexio Projects. With this ESG planning, the caterer focuses on a socially responsible, CO2-neutral, healthy, and delicious offering. The goal is to obtain the EcoVadis rating of gold in 2022 and accelerate the path on sustainability leadership.   Officially, the restaurant in the Faculty of Architecture opened its doors in May this year. At that time, however, the university was still largely closed due to the Corona measures. Stefano Teatini, Head of International Procurement, is proud: “In this new sustainability strategy, ‘veggie first’ is an important starting point. With this, we kill several birds with one stone: less meat means – at least for us – more vegetables and therefore healthy food. ” Stefano Teatini, Head of International Procurement – CIRFOOD It also means a step towards achieving net zero emissions.  If CIRFOOD reduces the animal proteins in their range by 50 per cent, this reduces our carbon footprint by 65 per cent. In addition, animal welfare is highly important to the company. “To the extent that we still sell animal products, we seek out as many partners as possible who take this seriously. ” On to achieve EcoVadis Gold in 2022 ‘Veggie first’ thus combines several themes of the broad sustainability strategy, which CIRFOOD developed together with Nexio Projects to increase the company’s ESG performance. “We started by mapping out where CIRFOOD stood in terms of corporate social responsibility,” says Marc Roodhuyzen de Vries, CEO of Nexio Projects. Companies often start with an environmental social and governance (ESG) rating to set a baseline and understand where they can be placed on the sustainability maturity curve. “We started by looking at what is most important to CIRFOOD in terms of the environment, ethics, sustainable procurement and working conditions and human rights: Where does CIRFOOD’s assortment come from? How sustainably is it produced? In this baseline measurement, we not only look at the end product and/or service but also at the areas where CIRFOOD can make the most impact. And we looked at environmental aspects, zooming in on the current fleet, among other things. We measured the scores on all those themes against the yardstick of EcoVadis’ internationally renowned ESG assessment methodology. CIRFOOD came out well into the bronze, a good starting position. ” Embedded in the DNA The goal is to retake the assessment in 2022 and achieve the EcoVadis Gold rating. According to Teatini, this is easily achievable: Corporate social responsibility is embedded in the organisation. That is also because originally, CIRFOOD is a cooperative of local entrepreneurs, mainly farmers, who attach great importance to: Cooperation; Sustainable use of raw materials; Care for the landscape; Stimulation of the regional economy; And Fair prices. All topics are also part of corporate sustainability.   “Together we have set out a follow-up... --- --- ## Services --- ## Case study --- ## Webinars - Published: 2025-05-28 - Modified: 2025-06-27 - URL: https://nexioprojects.com/webinars/supplier-engagement-webinar-improve-your-score/ 10th of July, 2025 | 5. 00 PM - 6. 00 PM CEST | 11. 00 AM - 12. 00 AM EDT | 8. 00 AM - 9. 00 AM PDT Join our supplier training where we deep dive into strategies on how to improve your EcoVadis score. During this session, you will: Review how the EcoVadis platform operates. Gain insights into reading and interpreting your scorecard. Explore specific improvement opportunities across each indicator. Receive practical guidance to help improve your score. Have the opportunity to connect with Nexio Projects experts and get your questions answered. --- - Published: 2025-05-28 - Modified: 2025-06-27 - URL: https://nexioprojects.com/webinars/supplier-engagement-webinar-introduction-to-ecovadis/ 8th of July, 2025 | 5. 00 PM - 6. 00 PM CEST | 11. 00 AM - 12. 00 AM EDT | 8. 00 AM - 9. 00 AM PDT Join our supplier training session for a comprehensive introduction to EcoVadis. In this session, you will: Connect with Nexio Projects experts and get answers to all your questions Discover the benefits of participating in the EcoVadis assessment Understand the assessment methodology and approach Receive practical tips to help you start your assessment with confidence --- - Published: 2025-05-09 - Modified: 2025-05-09 - URL: https://nexioprojects.com/webinars/ecovadis-supplier-engagement-webinar/ 4th of June, 2025 | 10. 00 AM - 11. 00 AM CEST You are invited to an introductory webinar to increase your awareness and understanding of the EcoVadis assessment and methodology. The session will be hosted by Nexio Projects a leading global EcoVadis training and advisory partner, and a Platinum-rated company. During this session we will: Provide a brief overview of EcoVadis as a leading sustainability ratings organisation and highlight the benefits of participation Walk you through the assessment methodology and approach Share practical tips to get you started Offer access to our Nexio Projects experts to answer your questions --- - Published: 2025-05-09 - Modified: 2025-06-05 - URL: https://nexioprojects.com/webinars/ecovadis-supplier-engagement-webinar-2/ 5th of June, 2025 | 4. 00 PM - 5. 00 PM CEST | 10. 00 AM - 11. 00 AM EDT | 7. 00 AM - 8. 00 AM PDT In this exclusive training session, Nexio Projects experts present a clear introduction and overview of the EcoVadis sustainability rating platform, the assessment process, methodology and more. We’ll dedicate the last 15 minutes of the session to Q&A with our EcoVadis experts. --- - Published: 2025-05-07 - Modified: 2025-06-11 - URL: https://nexioprojects.com/webinars/mastering-cdps-essential-criteria/ Watch our newest CDP webinar session, where our experts dive into understanding the significant role of the 'essential criteria' on the CDP questionnaire, as well as helping you with actionable steps to improve your score. Here are some questions addressed during the webinar: What are evolving topics that you consider to integrate in the 2023 or later assessment? I would appreciate if you could provide how to effectively understand EcoVadis assessment report for development of action plan. Are there any unique IDs for companies that fill out the CDP questionnaire that enable merging CDP data with other data sources for these companies? What are the primary changes compared to last year's CDP questionnaire format? Any insights on appealing CDP assessments if/when 360 findings are not accurate would be appreciated. How do questions that sit in multiple themes affect the scoring? Does each independently affect that themes scores and therefor have an increased weighting overall? What are best practices for SMEs? Does the reporting for SMEs will be more elaborate than just 3 lines in Excel? Will there be any changes to the scores this year for SMEs? Can an SME get an A score? Last year, the maximum score was SME B. Could you explain a bit more how the gradient scoring (A-D) works in practice? What does it mean when each questions have allocated points for each gradience? Have there been any recent changes in the certification method with respect to scoring? How do we get the buy-ins from our procurement teams on sustainability? --- - Published: 2025-05-07 - Modified: 2025-06-26 - URL: https://nexioprojects.com/webinars/stakeholder-mapping-for-effective-decarbonisation/ 26th of June, 2025 | 4. 00 PM - 5. 00 PM CEST | 10. 00 AM - 11. 00 AM EDT | 7. 00 AM - 8. 00 AM PDT Watch expert-led climate webinar on how to effectively engage stakeholders in your decarbonisation journey. The session explores how to map key players across the value chain and implement actionable strategies to drive meaningful emissions reductions across your organisation. Here are some questions addressed during the webinar: How does supplier engagement look like for food producers (SMEs)? Are there any best practice examples from agricultural value chains? Effective way of measuring carbon emissions within the banking sector Who should own this process internally? What types of positions or stakeholders at a supplier, you want to engage with, should be part of decarbonisation strategy between the main company and the supplier? How do I engage with stakeholders like the people who are affected by the climate change - communities, NGO's, etc. - I guess they do not have enough time to talk to everyone? What is the first step to using software in collecting data? How to get the buy in internally first and then supply chain? How do we engage with bigger players (stakeholders) in our decarbonization journey as we are a small player. How to encourage our supplier to disclose the information of their suppliers? --- - Published: 2025-05-06 - Modified: 2025-06-17 - URL: https://nexioprojects.com/webinars/navigating-the-esg-agenda-in-todays-uncertain-times/ 17th of June, 2025 | 4. 00 PM - 5. 00 PM CEST | 10. 00 AM - 11. 00 AM EDT | 7. 00 AM - 8. 00 AM PDT Watch our webinar, where we'll explore solid examples of how to advance with your ESG strategy in the second half of 2025, aligning with key trends, regulatory developments and stakeholder expectations. Here are some questions addressed during the webinar: How can organisations incorporate Sustainability into their organisational strategy? How to deal with different ESG realities i. e USA/Europe same company? What is your view on the impact of Omnibus proposals on EU Taxonomy? Do you provide training and certifications for company resources? What’s the business case for getting management buy-in to improve the sustainability management system? ESG regulatory is changing very fast. How do we ensure our ESG mid & long term plans are still in compliance? What will be left of the CSRD looking at the omnibus and upcoming shortening of compliancy? And what is your advice for companies that don't need to comply to the CSRD? As one of many companies that now don't have to comply with CSRD for now but we'd like to use the good practice of DMA to remain in line with good practice. What are the recommendations for doing this to achieve the desired outcome without over engineering the DMA? Should ESG strategy be reviewed annually? how to update regulatory developments if any during the year? --- - Published: 2025-04-16 - Modified: 2025-06-04 - URL: https://nexioprojects.com/webinars/future-proofing-sustainability-building-a-resilient-strategy-in-a-shifting-regulatory-landscape/ 4th of June, 2025 | 11. 00 AM EDT | 8:00 AM PDT This exclusive session is tailored for organisations in the manufacturing sector — whether you're currently rated by EcoVadis or act as a requesting partner within the network. As sustainability regulations grow more complex and expectations from customers and stakeholders rise, manufacturing companies face unique challenges and opportunities. This encouraging organisations in the sector to adopt a more collaborative, data-driven approach to sustainability. This session is designed to help you navigate key frameworks like CBAM & preparing for SB 253 with confidence, while leveraging tools like EcoVadis to turn compliance into a competitive edge. Discover why leading companies are going beyond the basics to meet rising customer and stakeholder demands, and how you can do the same. Don’t wait — position your business for success in a rapidly changing landscape. Key topics include: Building effective sustainability management systems EcoVadis scoring methodology based on the four key pillars Data collection and performance tracking strategies Creating an action plan for compliance and long-term value Join us to learn how your organisation can stay ahead and drive real impact through improved sustainability performance. We’ll dedicate the last 15 minutes of the session to Q&A with our EcoVadis experts. --- - Published: 2025-03-14 - Modified: 2025-05-06 - URL: https://nexioprojects.com/webinars/understanding-cdps-new-integrated-format/ Watch our webinar "Understanding CDP's new integrated format" below, where we'll explore the latest updates and best practices for navigating CDP’s streamlined framework. Here are some questions addressed during the webinar: There are so many sustainability frameworks out there, and companies are often driven by stakeholder expectations. In your view, which frameworks are considered the most comprehensive — the ones that, if properly implemented, would allow a company to cover most key ESG topics and align with other major standards as well? (like for example CDP) When is the last date for requestors to reach out trough the portal? How does CDP verify the authenticity of documented evidence?   Is it mandatory to have a third-party auditor verify my scope 1-3 emissions before submitting to CDP? With CDP introducing a new scoring methodology, how do you see the role of software solutions in supporting organisations to meet these requirements and improve their scores? Is it enough to have a SBTi committment for the management scoring pillar or need the targets to be already verified? --- - Published: 2025-02-27 - Modified: 2025-04-16 - URL: https://nexioprojects.com/webinars/uniting-the-value-chain-effective-supplier-engagement/ 16th of April, 2025 | 3. 00 PM - 4. 00 PM CEST Watch our special edition webinar, organised together with our partners, PACT and Ecochain. The session deep-dives into uniting the sustainability value chain, and provides different perspectives of software and consultancy. Our experts conduct a panel discussion, showcasing the real-world case of their collaboration for Unilever's carbon transparency. Learn how to engage suppliers in meaningful sustainability practices through collaborative efforts, driving positive change across your supply chain. Don’t miss out on expert insights and practical approaches for building stronger, collaborations and supplier relationships. Here are some of the questions addressed during the webinar: “How do we get the buy-in from our procurement teams on sustainability? ” “Since there are no sector specific standards any longer and there is a limit on what data can be requested from suppliers, can you throw light on how heavy polluting industries like textile and manufacturing can approach their S3 emissions from suppliers? ” “I'd be really interested in supply chain engagement strategies and training tailored to suppliers in emerging markets outside of large manufacturing or major commodity chains. ” “How to align methodologies from PCF's collected from suppliers to incorporate progress (base year-current year) in Corporate footprints. ” --- - Published: 2025-02-18 - Modified: 2025-05-23 - URL: https://nexioprojects.com/webinars/ecovadis-best-practice-insights-from-top-medalists/ 22nd of May, 2025 | 4. 00 PM - 5. 00 PM CEST 10. 00 AM - 11. 00 AM EDT | 7:00 AM - 8:00 AM PDT Get a chance to ask all of your EcoVadis-related questions! Watch the fourth episode in our EcoVadis webinar series, where we’ll have experts from top medalist companies answering your most pressing questions. Experts from Nexio Projects, being a top medalist company ourselves, and one of our clients, discuss their EcoVadis journey in the first half of the session through a panel discussion. The remaining time is dedicated to going through your questions, and showcasing best practices through tailored answers. Get direct answers to your questions, practical tips, and real-world examples to help your organisation improve its EcoVadis performance. Don’t miss this opportunity to learn from the best! Here are some questions addressed during the webinar: Machine assembly with 1000+ parts and hundreds of suppliers. How to start with Scope 3 emissions data collection? Why do questions from non-activated criteria for my industry appears in the questionnaire? Will my score be negatively impacted if we do not answer them? What are evolving topics that you consider to integrate in the 2023 or later assessment? How to calculate the PCF of materials that my suppliers can't provide any data? Could I make an average using the information of the main materials to cover the ones which I have no info? Have there been any recent changes in the certification method with respect to scoring? How can a small company get certifications and endorsements without spending a lot of money? How do questions that sit in multiple themes affect the scoring? Does each independently affect that themes scores and therefor have an increased weighting overall? Regarding climate action how EcoVadis Assessment is related to CDP report? Thank you! We would like to have clearer reporting and understand why documents are being rejected. The information we are receiving is far too brief Which were the most relevant actions you took to reach a high score in Ecovadis? --- - Published: 2025-02-18 - Modified: 2025-04-10 - URL: https://nexioprojects.com/webinars/driving-supplier-engagement-for-stronger-sustainability-performance-with-ecovadis/ 11th of December, 2025 | 4. 00 PM - 5. 00 PM CET 10. 00 AM - 11. 00 AM EDT | 7:00 AM - 8:00 AM PDT Join the last episode of our EcoVadis series, where we will explore effective supplier engagement strategies to boost sustainability initiatives and improve overall supply chain performance. Learn how to engage suppliers in meaningful sustainability practices and enhance your EcoVadis scores, driving positive change across your supply chain. Don’t miss out on expert insights and practical approaches for building stronger, more sustainable supplier relationships. We’ll dedicate the last 15 minutes of the session to Q&A with our EcoVadis experts. --- - Published: 2025-02-18 - Modified: 2025-04-10 - URL: https://nexioprojects.com/webinars/leveraging-ecovadis-rating-for-market-advantage/ 20th of October, 2025 | 4. 00 PM - 5. 00 PM CET 10. 00 AM - 11. 00 AM EDT | 7:00 AM - 8:00 AM PDT Join the next episode of our EcoVadis webinar series to explore how businesses can turn their EcoVadis rating into a competitive advantage. Our experts will discuss how top-rated companies use their scores to enhance brand reputation, meet client demands, and stand out in the market. Gain insights into real-world strategies that help businesses maximise the value of their sustainability efforts. Don’t miss this chance to learn from industry leaders. We’ll dedicate the last 15 minutes of the session to Q&A with our EcoVadis experts. --- - Published: 2025-02-18 - Modified: 2025-06-11 - URL: https://nexioprojects.com/webinars/ecovadis-made-simple-navigating-the-process-enhancing-your-score/ 15th of July, 2025 | 4. 00 PM - 5. 00 PM CEST 10. 00 AM - 11. 00 AM EDT | 7:00 AM - 8:00 AM PDT Your questions. Your priorities. Your EcoVadis journey — simplified. This isn’t your typical webinar. Welcome to our audience-driven session — one that’s driven by your questions, real challenges, and real goals. Join us for an interactive session where your voice leads the conversation. Our experts will kick things off with sharp, practical insights drawn directly from questions submitted during registration — followed by a live, open Q&A where you can engage with our team in real time. Whether you're just starting with EcoVadis, working to boost your score, or navigating recent methodology updates and their connections to global frameworks — this session is built around what matters most to you. Sign up for this practical, question-led session to get the clarity and direction you need on your EcoVadis journey. --- - Published: 2025-02-18 - Modified: 2025-04-10 - URL: https://nexioprojects.com/webinars/integrating-ecovadis-in-your-sustainability-framework/ 10th of September, 2025 | 4. 00 PM - 5. 00 PM CEST 10. 00 AM - 11. 00 AM EDT | 7:00 AM - 8:00 AM PDT Join the sixth episode of our EcoVadis webinar series, where industry leaders and Nexio Projects’ experts will explore how companies can embed sustainability into their core business strategies to improve their EcoVadis score and overall performance. Featuring a client case study, this panel discussion will showcase how top-rated companies integrate the EcoVadis methodology into their sustainability management systems—turning assessment insights into meaningful action. We’ll dedicate the last 15 minutes of the session to Q&A with our EcoVadis experts. --- - Published: 2024-12-16 - Modified: 2025-04-30 - URL: https://nexioprojects.com/webinars/ecovadis-data-collection-throughout-the-supply-chain/ 30th of April, 2025 | 4. 00 PM - 5. 00 PM CEST 10. 00 AM - 11. 00 AM EDT | 7:00 AM - 8:00 AM PDT Watch the third episode of our EcoVadis Webinar Series, where we will help you navigate supply chain data collection as both a requester and a rated company. Learn practical strategies to streamline the process, improve data quality, and meet EcoVadis requirements effectively. Here are some of the questions addressed during the webinar: How are companies with multiple M&A's evaluated? E. g. A parent company gets gold but sister company is able to share award claim even if it didn't get individually assessed. How did I apply for numerous environmental, safety, and social requirements and receive a high score when I don't have an ISO certificate to prove it? We use EcoVadis IQ+ and Rating to monitor our suppliers risks. How to use the tools as effectively as possible to improve own Rating? Please be detailed e. g. in reference to specific questions on the Ratings questionnaire. We are a large chemical company with 5000 employees, thus we have the "long" questionnaire. If a company has many sites in different countries and each country has its own management system, is it sufficient to upload documents from one country as an example for all? --- - Published: 2024-12-12 - Modified: 2025-04-01 - URL: https://nexioprojects.com/webinars/csrd-omnibus-update-the-latest-developments/ 10th of March, 2025 | 4. 00 PM - 5. 00 PM Watch our session on the effects of the Omnibus proposal, discussed by our experts. They dive deep into how CSRD and EU Taxonomy requirements will be updated, as well as setting actionable next steps for affected organisations. Here are some questions addressed during the webinar: How will it impact non-EU companies with some operations in EU? Could you include some key learnings from first round reporting companies as well? Especially what could guide second round implementers better. Will CSRD compliance impact exporters in Asia especially supply chain to EU companies? Is CSRD coverage only limiting to EU companies have operation in EU or applying to outside EU where EU companies have operation? Can you share more visibilities on reducing the number of data points required in Germany according to CSRD? Would it be aligned for all EU markets? How does Omnibus affect the DNSH-Criteria of the EU Taxonomy? How does it affect the KPI OPEX? Disclaimer: We will strive to address all topics as thoroughly as possible based on the latest available information. However, given the evolving nature of regulatory developments and the details provided before the session, some aspects may require further clarification or follow-up. The insights shared during this webinar are for informational purposes only and should not be considered as legal or compliance advice. --- - Published: 2024-12-12 - Modified: 2025-03-27 - URL: https://nexioprojects.com/webinars/dma-learnings-and-best-practices/ 27th of March, 2025 | 4. 00 PM - 5. 00 PM Watch our on-demand webinar about DMA learnings and best practices. This webinar focuses on mastering your double materiality assessment according to CSRD standards. Showcasing solid examples across industries, this session will equip your organisation with the knowledge needed to navigate DMA requirements effectively. Here are some of the questions that were addressed during the Q&A: What is the definition of "Stop the Clock"? In the Step 4: Topic longlist slide, I see the 3rd point "Review other ESG standards and frameworks (... Ecovadis)" Is Ecovadis its own standard? If a company does an IPO in 2025, being a large company up until that point. Does that mean that they are now in the Tier 1 group of companies now and therefore Omnibus does not apply to them no more? They have to report, for the first time, in 2026 with the data for 2025? In which frequency the DMA has to be updated? A topic can be an impact, a risk and an opportunity, right ? You mentioned earlier on in the presentation that in the preparatory steps that you should look into auditors. Are materiality assessments audited? It is my feeling that time scales for IRO's is important, can you remind us about the specific definitions about short term, medium term and long term please ? Do we need have a financial materiality assessment, or can we just have an impact materiality assessment? Nature is consider as 'silent stakeholder', right ? Do companies include CSRD on ESG reports? What are Science Based Targets? --- - Published: 2024-12-11 - Modified: 2025-01-27 - URL: https://nexioprojects.com/webinars/csrd-compliance-compass-navigating-the-2025-requirements/ 27th of January, 2025 | 4. 00 PM - 5. 00 PM Watch this special edition of our CSRD webinar series that will encompass the 2025 guide to help your organisation prepare for upcoming changes and stay compliant. Gain expert insights on compliance strategies and practical steps to meet reporting expectations effectively. Here are some questions addressed during the Q&A session: How extra small and small size trading company can be supported? What kind of KPI they could report? Thanks What changed this year? How to get the entire organisation to work with CSRD and make them knowledgeableBest practices to start categorising suppliers in ESG matters to decide how to work with each one of them? Do you have any information con the EU Corporate Sustainability Due Diligence Directive (CSDDD) How does the system calculate the quotation and how it accept the answer? How a subsidiary should implement Group level double materiality assessment? Can a subsidiary rule out some datapoints if not material in local level? What is the first step to using software in collecting data? --- - Published: 2024-12-11 - Modified: 2025-03-20 - URL: https://nexioprojects.com/webinars/building-a-climate-resilient-esg-strategy-for-2025/ Watch our climate strategy webinar, where experts explain climate journeys based on organisations' maturity, as well as answering your questions. Some of the most pressing questions addressed were: What is the current impact of the Omnibus proposal on climate topics? How does the climate timeline look in 2025? What are the different steps of a climate-resilient strategy? What are some best practice cases for climate strategy? --- - Published: 2024-12-10 - Modified: 2025-02-12 - URL: https://nexioprojects.com/webinars/cdp-how-to-improve-my-score/ 11th of February, 2025 | 4. 00 PM - 5. 00 PM Watch this webinar where our expert dives into strategies to enhance your performance in the CDP (Carbon Disclosure Project) assessment. This is your opportunity to learn how to effectively communicate your sustainability efforts and maximise your impact in the CDP framework. Here are some questions addressed during the Q&A: Should any questions appear in the questionnaire that is not relevant to the industry in which my organisation is categorised, how may we seek clarification and/or request to have the questions removed in the questionnaire? What are some ESRS implications and requirements Is there any platform available for the reporting? What is the first step to using software in collecting data? What are major updates and changes, especially those that could/will impact scoring? How do you start the CDP registration process? What information should I develop to respond to what is necessary for CDP? Is proof of employee acknowledgment of company Policies a requirement for max points? Explanation of the measures scoring model. Do we need to have 4+ measure per sub-theme? How is the % of key sustainability issues addressed calculated? What is the connection with SBTi? As an asset-light company, when getting many services and resources including office spaces, and warehouses from third-party suppliers, we face data deficiencies. Give your feedback to mitigate this issue Regarding climate action how EcoVadis Assessment is related to CDP report? Thank you! --- - Published: 2024-12-10 - Modified: 2025-01-17 - URL: https://nexioprojects.com/webinars/master-your-2025-ecovadis-assessment-changes-tips-to-succeed/ 16th of January, 2025 | 4. 00 PM - 5. 00 PM Watch this special edition of our EcoVadis webinar series, where we’ll guide you through the latest changes and share expert tips to help you excel in your 2025 EcoVadis assessment. Below, you can find some of the questions addressed during the Q&A. Is proof of employee acknowledgment of company Policies a requirement for max points? Explanation of the measures scoring model. Do we need to have 4+ measure per sub-theme? How is the % of key sustainability issues addressed calculated? How do questions that sit in multiple themes affect the scoring? Does each independently affect that themes scores and therefore have an increased weighting overall? Should any questions appear in the questionnaire that is not relevant to the industry in which my organisation is categorised, how may we seek clarification and/or request to have the questions removed in the questionnaire? How can a small company get certifications and endorsements without spending a lot of money? To better understand the criteria and coverage EcoVadis requires for a document to be sufficent for an answer in categories such as Biodiversity and Environmental advocacy. Additionally, companies with several divisions can sometimes only provide documents from all divisions as an answer, and not on a group level, how this should be managed to fulfil EcoVadis criteria? What is the most efficient way to improve the score and provide evidence when the company has many sites with different levels of environmental maturity (say 20 sites)? Any advice on appealing/challenging questions that didn't get credit, or 360Watch findings that are not accurate? How to prepare data based on GRI standards evaluations? What are the key challenges for the small and medium size companies who want to get good scores on the ecovadis assessment? --- - Published: 2024-12-10 - Modified: 2025-03-13 - URL: https://nexioprojects.com/webinars/expert-insights-to-master-your-ecovadis-questionnaire/ 13th of March, 2025 | 4. 00 PM - 5. 00 PM Watch the second episode of our EcoVadis webinar series, where our expert explains how to master your questionnaire. We also have a guest client that answers exclusive questions about her experience in reaching the Gold Medal. Here are some questions that were addressed during the Q&A: Any advice on appealing/challenging questions that are incorrectly scored (e. g. , % of sites covered by ISO14001), or 360Watch findings that are not accurate? What is the best approach to prioritization of improvements for increasing total score? Is it better to focus on Themes with high impact on score or to follow the CAP (even when sometimes it recommends focusing on Themes with low impact on score)? Why do questions from non-activated criteria for my industry appears in the questionnaire? Will my score be negatively impacted if we do not answer them? What are your best practices for sharing evidence to answer detailed EcoVadis (sub) questions and show your policies, actions and progress for all themes and staying within the 55 document limit? I would like to receive the recording of this webinar. How extra small and small size trading company can be supported? What kind of KPI they could report? --- - Published: 2024-11-20 - Modified: 2024-11-27 - URL: https://nexioprojects.com/webinars/csrd-prep-series-double-materiality/ On-demand webinar Join our webinar to explore the essential steps and best practices for conducting a Double Materiality Assessment (DMA). We'll guide you through preparing for the double materiality exercise, providing practical insights to ensure a smooth process, along with a look at what lies ahead in this evolving field. --- - Published: 2024-10-21 - Modified: 2024-12-17 - URL: https://nexioprojects.com/webinars/on-demand-webinar-improving-your-ecovadis-score-expert-recommendation-2/ On-demand webinar The second webinar in our EcoVadis series will cover best practices and insights on how to improve your EcoVadis Score.  You'll learn how the EcoVadis scores work and how to set up your sustainability strategy for maximum impact.   Below you can find some of the questions addressed in the Q&A: We are a silver medalist from 2023. So, what do we do now in 2024 just submit the corrective actions only? How often can we be reevaluated in the scores; do we have to request every time we complete an improvement Does EcoVadis expect our company to expose our KPI of next year? Do you have any information that how many suppliers EcoVadis has rated already in 2024? In your website it is mentioned that >5 months faster than the standard EcoVadis assessment process. What do you mean by that? What will be the impact of not rounding the pilar scores? What do you think is the biggest challenge when submitting my questionnaire in the beginning of 2025? How does submitting corrective action plans affect the score? If you explain your plan to address the issue raised, does this increase your score or is it just for trading partners to view? I am part of a sustainability start-up (only 2 of us) that is looking to gain an EcoVadis certification. What documentation is typically required for the certification for such a small business? If our company is interested in getting an extension due to completing a few key measures that we know will positively impact our score, is there any reason to think that we would not be able to get an extension? --- - Published: 2024-10-07 - Modified: 2024-12-17 - URL: https://nexioprojects.com/webinars/navigating-the-risks-of-non-compliance-avoid-esg-penalties-in-2025/ 31 October 2024, 16:00 - 17:00 CET Join us for an engaging webinar on “Navigating the Risks of Non-Compliance: Avoid ESG Penalties in 2025,” focusing on the EU Green Deal. We will explore the key components of the Green Deal with international law firm De Roos and Nexio Projects, including its goals for sustainability, emissions reduction, and the transition to a circular economy. Our experts will discuss compliance requirements, such as the CSRD, EUDR, and EU Packaging Directive, and provide actionable strategies for businesses to align with these regulations. Equip your organisation with knowledge of this evolving landscape and avoid potential penalties and reputational damages as we move towards a greener future. Below you can find some of the questions addressed in the Q&A: Is Green Claims only applicable to B2C companies, or is it also applicable to B2B companies? Is there a good source (website or other) for all the EU ESG related regulations? --- - Published: 2024-09-25 - Modified: 2024-12-17 - URL: https://nexioprojects.com/webinars/overcoming-data-challenges-in-decarbonisation/ On-demand Are you ready to meet the climate disclosure requirements of CSRD and ESRS-E1? During our expert-led webinar, you will gain the insights, tools, and strategies you need to take control of your climate data and accelerate your decarbonisation journey. Whether you’re navigating Scope 1, 2, or 3 emissions, we’ll guide you on how to align your data practices with regulatory requirements and unlock the power of transparent, reliable climate reporting. You’ll get: A clear understanding of Scope 1, 2, and 3 emissions and their role in your decarbonisation journey. Practical advice on what climate data you must disclose under CSRD. Proven strategies to overcome data and reporting challenges. If you can’t make it, you can still register. We’ll send you the recording after. --- - Published: 2024-09-11 - Modified: 2024-12-18 - URL: https://nexioprojects.com/webinars/client-journeys-ecovadis-best-practices/ 3rd December, 2024 | 4. 00 PM - 5. 00 PM Join this special edition of our EcoVadis webinar series, hosted together with our platinum clients. They will share insights and learnings from their first-hand experience with the submission of the EcoVadis Assessment. Below, you can find some of the questions addressed during the Q&A. How did you avoid EcoVadis becoming an administrative burden and turn it into something positive to take sustainability to a higher level? What do you think is the most important for a large-scale company when doing the EcoVadis survey? Our company recently finished our certification, but we lost a lot of score in the policy part, tho we did upload our group’s policy How many questions a company would on average have to respond in the assessment, roughly? Which pillar do you think is the most difficult one? For our company, I feel the most difficult part is to get the manufacturing side (factories) to get involved too How do you address the disclosure of sensitive details (e. g. audit reports)? What best practices can you recommend around documentation when having to disclose similar data for multiple ratings/frameworks? Especially in the context of a large organisation. Does your company use EcoVadis also to manage your own supplier portfolio such as ratings, or other tools? Best practices there? How have you organised health and safety committees globally when the legal frameworks vary a lot? With the CSRD regulation as way to be transparent and be benchmarked coming our way, do you think EcoVadis will keep on existing/asked by clients? Once you reach the Platinum rating and maintain it for few years, what can you do more? --- - Published: 2024-09-11 - Modified: 2024-12-17 - URL: https://nexioprojects.com/webinars/why-your-organisation-needs-an-ecovadis-assessment/ 14th November, 2024 | 4. 00 PM - 5. 00 PM In this episode, Eugeniusz Wyszyński, Senior Account Executive - Network Growth at EcoVadis will illustrate the main benefits your organisation can derive from completing an EcoVadis Assessment.  You’ll learn how EcoVadis can be beneficial in accelerating your ESG action plan and improving your stakeholder engagement, and much more! Below you can find some of the questions addressed in the Q&A by our speakers Eugeniusz Wyszyński and Tobias Richter, Account Executive, Network Growth at EcoVadis. If a client asks me for EcoVadis assessment for a particular subsidiary, can I agree with my client to share a Group assessment instead? What are the benefits and obstacles? Is it acceptable to provide the first pages of policies as screenshots during the evaluation? Would it be acceptable by EcoVadis to have all documents/evidence grouped together? Like 1 file with all things related to General Environment / Labor & HR / Sustainable Procurement / Ethics? I want to dive a little deeper into laws and their documentation. For example: as a German company we are adhering to quite strict local working laws. How shall I provide documentation that we adhere to applicable laws? May I know how and who assesses/validates the supporting documents, as well as the assessment? What is the background of these people? Are they industry experts etc. ? Is it still possible to access my EcoVadis Scorecard if my subscription has expired? Can it be resent to me if I lose my access? EcoVadis updated its methodology in January 2024, and we scored lower than the previous year. It appears that in some areas, we received a score of 0, even though we have documents and policies to provide. Can I request a reassessment, or do I need to wait a full year for a new assessment? ISO Certifications, is it ideal to create 1 file with all pertinent ISO’s the company has? As mentioned in the beginning, there are different themes (environmental, labor and human rights, ethics and sustainable procurement) weightings for different industries. How do I know what’s the weighting for my company? Is there a reference table available showing the relevant information? If a group company has several businesses, could we register as a group? and claim the rating for the group? --- - Published: 2024-09-11 - Modified: 2024-12-17 - URL: https://nexioprojects.com/webinars/understanding-the-ecovadis-assessment/ On-demand The first webinar in our EcoVadis series will cover the technicalities of the EcoVadis methodology. You'll learn how your company is evaluated and discover how to make the most of the platform to drive your sustainability journey and improve your EcoVadis score. Below you can find some of the questions addressed during the Q&A: The term 'Internal Report' is often given as satisfactory evidence. Our internal reports are usually Excel workbooks, which rarely have company branding, or other indicators that identify it as belonging to our company. WIll this be accepted as proof of reporting? Given that CDP submission is much later this year, we are not able to append our CDP submission as a supporting document. Would companies be penalized for not having the CDP support document when answering the related question on CDP disclosure? For questions where the answer is requested to be in a % format, are you able to provide supporting evidence that has all the data, in a clear and easily identifiable manner, then perform the final calculation in the document comments section? For material topics that are deprioritized for our industry, these questions still show up on our survey. Do these still impact our score (just less-so)? Does the weight of the different topics depend on the industry, on the over-all score? E. g. production company is weighted more heavily in environment, and consultancy firms are weighted more heavily in labour & human rights? Are there examples of industries that have no or a very limited number of questions regarding suppliers? What evidence would work for waste segregation if pictures were not acceptable? I want to ask about coverage in EcoVadis. Our company is a global company with Head office in Vietnam (About 33,000 employees), we also expand our sale/ consultant office in 30 countries in the world with more than 80 offices. How can we improve Coverage points in EcoVadis for Certifications sites? It would cost lots of money and effort to cover 100% of all sites and all offices. Given that CDP submission is much later this year, we are not able to append our CDP submission as a supporting document. Would companies be penalized for not having the CDP support document when answering the related question on CDP disclosure? Why are third party audits scored for only 2 years, even if there is a 3-year circle for those audits? --- - Published: 2024-08-29 - Modified: 2024-12-17 - URL: https://nexioprojects.com/webinars/navigating-the-csrd-insights-for-effective-reporting/ On-demand As organisations strive to meet the requirements of the Corporate Sustainability Reporting Directive (CSRD), the journey can be both challenging and rewarding. In this webinar, hosted in collaboration with our partner ABN AMRO, we will explore real-world experiences and strategies for successfully aligning with the CSRD requirements and stakeholder engagement. Below you can find some of the questions that were addressed during the Q&A: It seems that the CSRD journey involves not only a reporting activity but also a relational/stakeholder/change management. What advice would you provide at company level but also at the level of the CSRD project manager to run those 2 processes smoothly? What would you both say are the key overlaps/differences between conducting an impact versus double materiality assessment? What are common pitfalls you've seen thus far? What advice would you give to face opposition or resistance to the CSRD and CSR journey among stakeholders and workers? Should all metrics of ESRS be reported or how do we choose what to report? How and when does this regulation apply to UK businesses? Would you recommend conducting the initial step of DMA starting with E1, S1 and G1 as a foundation for learning the process of DMA in areas most likely to be material for the company and value chain? This was recommended to me, and I will start DMA this way. Small bank (just for context). This report starts from DMA (Impact and Financial Materiality) and leads from there to data points and DRs and finally to a report. What sort of tools do you use to ease the work? How do we prepare the reports and processes so that it’s easy for auditors to audit? So, do you recommend any key rules and regulations behind making the process easier and well organized? What precautions should be taken in the sustainability sector concerning CSRD reporting (the disclosure of information within the company narratives) in the light of the Green Claims proposal, and consumer protection issues? Could you provide your view on how to handle the EU Taxonomy topic? Any special advice for the food industry? Banks have more different questionnaires to send out than other companies. How do you see the value chain for banks? --- - Published: 2024-08-02 - Modified: 2024-09-13 - URL: https://nexioprojects.com/webinars/the-cdp-submission-our-client-story/ On-demand Join us for an insightful webinar featuring Nelipak, a healthcare packaging producer, as they share their journey through the CDP submission process. Gain valuable learnings from their experience and discover best practices for achieving success. --- - Published: 2024-07-18 - Modified: 2024-12-17 - URL: https://nexioprojects.com/webinars/achieving-excellence-client-journey-to-ecovadis-platinum/ On-demand In this webinar, two of our esteemed clients, TOSCA and CIRFOOD, from the packaging and food sectors share their firsthand experiences and insights on attaining the coveted EcoVadis Platinum Medal. Learn about the challenges they faced, the strategies they implemented, and the impact the EcoVadis rating had on their business sustainability practices. Below you can find some of the questions addressed during the Q&A: As a small business (under 30 employees) where we have a large stakeholder that requires Ecovadis, significant sustainability processes are hard to employ. We are a services company, so we have no products. How do we make this happen enough to report? Do you have any advice to get 'buy-in' from employees/upper management in divisions outside of sustainability, to help obtain the material you need in order to achieve Platinum status? (e. g. , policies implemented, thorough documentation, etc. ) What about the information which is not reported publicly but is required for EcoVadis assessment, how do you disclose that? Some of the internal control frameworks are published only on intranet and not on public website, will EcoVadis accepts this? What is the most difficult part jumping from one level to another? Could you please share what helped you jump from silver (or no medal) to gold/platinum medal? Is there any area you worked on that helped you increase the score? Are you responding to EcoVadis for each manufacturing sites/locations or are you completing one questionnaire for the entire company? How do you see the future of EcoVadis with the upcoming CSRD directive? The UNGC is a quite expensive investment for a certification, it would for sure provide a boost in one’s EcoVadis score but are there other business/sustainability-based benefits to it. How else is it beneficial to aid in one’s sustainability strategy? How can we align our CSR activities with the UN sustainable development goals to maximize our EcoVadis score? --- - Published: 2024-05-23 - Modified: 2024-12-17 - URL: https://nexioprojects.com/webinars/connecting-lca-and-ghg-emissions/ On-demand Are you looking to better prepare for compliance and voluntary reporting around your climate-related topics? Learn the connection between Life Cycle Assessment (LCA) and scope 3 management in this webinar. Our experts will share insights on: 1. Relationship between LCA Data, Phases and S3 Management2. Leveraging LCA Development for Enhanced Supplier Management3. Utilising LCA for Detailed Insights into Scope 3 Emissions Below you can find some of the questions addressed in the Q&A: What can be done when the company has an incomplete GHG inventory? What is the best way to engage with suppliers if they don’t want to answer or connect with us because they do not have any work on co2 emissions, strategies about energy efficiency, etc. ? How do you collect the data for your use cases? How should we account the CO2eq in processes that produce waste / scrap that is recycled again within the value chain (e. g. glass)? Is it better to account the Scope 3 emissions without taking into account the waste recycled or is there a standardize method? What are the main criteria to assess the quality of received LCA/PCF documents from suppliers? --- - Published: 2024-04-25 - Modified: 2024-12-17 - URL: https://nexioprojects.com/webinars/csrd-in-practice-understanding-ecovadis-linkages/ On-demand - Together with EcoVadis, we invite you to join this co-hosted webinar dedicated to sharing insights on the linkages between CSRD & EcoVadis. The webinar covers: Overview of EcoVadis assessment and CSRD linkages CSRD Supplier Engagement with/using EcoVadis FAQs from Nexio Projects' clients Below you can find some of the questions addressed during the Q&A: Won’t the need for EcoVadis decrease with the implementation of ESRS/CSRD? The point of the legislation is in part to increase comparability of companies Are there plans to flag questions in the questionnaire that are relevant to CSRD, or produce a CSRD-type report out of a scorecard - something like that to help to see what is already covered and what is not? Are there plans to flag questions in the questionnaire that are relevant to CSRD, or produce a CSRD-type report out of a scorecard - something like that to help to see what is already covered and what is not? --- - Published: 2024-04-11 - Modified: 2024-12-17 - URL: https://nexioprojects.com/webinars/your-journey-to-becoming-a-b-corp/ On-demand Together with B Lab, we invite you to join this co-hosted webinar dedicated to sharing insights on the process of achieving B Corp Certification and sustainable business practices. The webinar will cover: Introduction to B Corp Understanding your eligibility How to become a B Corp Case study review Below you can find some of the questions addressed during the Q&A: What is the biggest difference between EcoVadis & B Corp? What about a small company with employees working remotely from different geographic areas? Can they apply for the standard procedure? According with both of your experience, what are the main challenges that companies have when going through B Corp certification assessment? What advice would you give to overcome those challenges? From your experiences, how long does it usually take an (established LEA) company to become qualified to even apply for B Corp assessment? i. e. during this discovery page? The indicators that you use for assessing companies are the same for all industries or do you have indicators adapted to each industry? How long can it take (on average) and how much it might cost following the whole 5-step process certification? A lot of information is overlapping with CSRD requirements, how does B Corp certification help with CSRD and avoid double work? I’m very interested in becoming a B-leader. What specific background do you seek in applicants for selection into the B Leader Programs? Is a B-Corp certification an additional value if you are already EcoVadis silver or gold certified? if yes, why? Is there a public document with the specific KPI alignments between B-Corp and CSRD? --- - Published: 2024-03-28 - Modified: 2024-12-18 - URL: https://nexioprojects.com/webinars/carbon-data-management-101-scope-1-2-and-3-accounting-2/ On-demand Watch our webinar to learn more about data management for carbon emissions. The topics discussed are: The difference between Scope 1, 2, and 3 emissions according to the GHG Protocol; The main challenges organisations face in carbon accounting; Tips and recommendations for efficient data management.   Below you can find some of the questions addressed during the Q&A: How are carbon accounting (GHG Protocol) aligned with CSRD reporting guidelines and laws? When explaining the estimation of the carbon footprint, you mention that one of the elements is activity data. What does that mean? Could you please give us an example? How to define an activity data? Is the hotspot of emissions data to focus on related to the materiality assessment? How connected or integrated is carbon accounting into the CSRD reporting requirements? If assumptions can be made on scope 3 emissions, is there a difference in the evaluation of data that are being shared in the report (for investment purposes by external parties)? Should I demand from my third-party partnerships that they provide me with accurate carbon emission data? (are there benefits compared to estimates? ) What does EEIO mean? Are the benchmarks for the spend based approach per category and industry? What are the deadlines and the scope of companies that are required to do carbon reporting? Can we use LCA assessment to calculate the CO2 emission associated with all scopes? Do we need to include recycling of products in the carbon accounting in addition to the use phase? --- - Published: 2024-02-28 - Modified: 2024-12-18 - URL: https://nexioprojects.com/webinars/what-to-expect-for-your-2024-cdp-questionnaire/ On-demand The new CDP Platform will be available starting in April 2024. Questionnaire submissions will be possible from the beginning of June until September 2024.   Join us for valuable insights into:1. What CDP is2. Opportunities and benefits of CDP reporting framework3. Different reporting routes available for organisations Below, you can find some of the questions addressed during the Q&A: If we complete CDP 2024, will we satisfy the ISSB IFRS S2 reporting? Do you mean customer or supplier regarding the Supply Chain Module? Will the new format mean if you did only complete the Climate one last year, you will be marked down for the other areas if you don't have the audits and verifications? Is the biodiversity module going to be scored this year? How can we deal with Plastic module? As we produce plastic packaging, we feel this would/could be seen as confidential /business information and might force us to stop share CDP publicly what would you advise? CDP scores slide which you presented, does it show the expectation from CDP to achieve particular pillar/level, or is it recommendation from your side? How many years is the CDP score valid? What about trading companies (no production themselves, only marginal climate impact)? Their development potential is limited. What effect does this have? Similarly, what about companies that are tenants and have no direct influence on energy sources or consumption? Having submitted the CDP questionnaire voluntarily last year for the first time. Will it be necessary to re-register? --- - Published: 2024-02-12 - Modified: 2024-12-18 - URL: https://nexioprojects.com/webinars/double-materiality-assessment-from-gri-to-csrd-alignment/ On-demand Organisations are busy with double materiality assessments to identify impact, risk and opportunities (IRO). To get a better understanding of this important concept, this webinar will cover:1. How GRI looks at Double Materiality2. What are the benefits of already having done a GRI-aligned DMA3. What does CSRD / ESRS ask you to do additionally4. How to bridge the difference in approach between the two standards Below you can find some of the questions addressed during the Q&A: GRI is indeed a global standard and CSRD/ESRS an EU standard. If a company has locations outside the EU, for example India, should it also include those locations according to CSRD? Who can complete assurance? Is there a set list of companies you have to use, or can it be any external company that supports assurance at your company who supports ESG audits? How many surveys with external stakeholders should be conducted in order to be compliant with CSRD? How much external stakeholder engagement is required (minimum level of responses required) to build on the materiality and what if external stakeholders don’t want to engage? Are there any useful stakeholder engagement templates or examples available to see how they have been conducted and what formats have been used? You explained your approach quite well and emphasized the quantitative side of it. Based on the roadmap from the Dutch sector association of accountants, a quantitative analysis is not necessary. How would you approach a qualitative approach to the materiality assessment, and have you applied this with clients? Could you discuss a bit on how companies should disclose their methodology when it comes to the weighting of different material aspects as part of the double materiality assessment? Are there any guidelines explaining if you should give a high or low weight to aspects regarding, for example, climate change adaptation? Since GRI and CSRD are aligned, what recommendation would you give to companies that currently report according to GRI standards? Shall they keep publishing the index? Since the CSRD only applies to the EU, what would be the business case for a UK company to adopt the directive? Would a double materiality assessment for a US based company still be based on CSRD? --- - Published: 2024-01-25 - Modified: 2024-12-18 - URL: https://nexioprojects.com/webinars/how-to-maintain-your-ecovadis-score-in-2024/ On-demand EcoVadis launched new methodologies for its ranking which comes into effect this year. To assist organisations in maintaining and improving their existing EcoVadis score, our team of experts will be hosting a complimentary webinar. Join us for valuable insights into:1. Optimising your reassessment2. Adjusting to changes3. Setting the stage for continuous growth Below you can find the questions addressed during the Q&A: When is the EcoVadis portal opening in 2024 to enter the data for the 2024 round of assessment? Can the supplier code of conduct, which mentions environmental and social, is sufficient as a policy for sustainable procurement? For social impact, how do we see which certifications will count for EcoVadis to show, yes, this is a good inclusive/diversity culture? Why is that it is required to add the targets in the policy? It is better to maintain a policy and separate a report that tracks targets? Do you know if there are any new questions in 2024? The rules changed on combined documents this year, does that mean that combined documents that were previously accepted will be rejected now? So, if we had a score of 70 last year and didn't improve this year, we would not have a gold? We are currently assessed as a wholesaler, but I wonder if we can better be assessed as a distributor. How can I check what suits the best in order to get the best realistic rating? Do you have any advice on how a European company can prove that it is paying a living wage? This is almost automatically the case because of legislation, but proving it seems difficult. --- - Published: 2024-01-25 - Modified: 2024-12-02 - URL: https://nexioprojects.com/webinars/csrd-prep-series-reporting-on-governance-related-topics/ On-demand webinar Join our webinar to explore the essential steps and best practices for preparing for the next steps of CSRD. The main topics covered in this webinar: Know the CSRD reporting requirements on Governance Have insights into practical examples to report on governance requirements Of course, feel free to contact us if you have any questions! --- - Published: 2024-01-18 - Modified: 2024-12-18 - URL: https://nexioprojects.com/webinars/demystifying-the-practicalities-of-the-csrd/ On-demand In this webinar, our CSRD experts will take you through what reporting means in practice, drawing from their experience preparing some of our clients and partners for compliance. In this session, you will learn the implementation of CSRD in phases using the ABCD method we developed. Below you can find some of the questions addressed during the Q&A: Could you provide guidance on where to source data for compliance with the CSRD, and what key performance indicators (KPIs) are recommended for effectively measuring and reporting corporate sustainability? Any specific requirements for Scope 2 on location-based or market-based emissions? If we are a German company, but have companies in HK, China, Australia and New Zealand which revenue and employee count do we have to consider? The whole group, or just the EU business? What is the best approach for assessing if my company is obliged to report if organizational structure is complex? E. g. my company is small and therefore not obliged, but my mother company sitting in other country owns more smaller units, and therefore in total the whole group could be obliged. Can one of the units reports for the whole group? Or does the mother company do the work? What is the obligation of a European group with more than €40M turnover, €20M balance, but with subsidiaries not reaching these criteria? Does Carbon Footprint Assessment for a manufacturing company also include (sales) offices or may it be limited to your manufacturing operations? According to you, which function in the company should be responsible for performing the double materiality? How can we deal with subtopics which are not material (withing a material topic)? Is it okay to provide justifications - e. g. based on company business model and / or the IRO? Should all the subsidiaries of a company (let's say around 30 distributed across Europe) prepare one consolidated CSRD report and all the subsidiaries should provide information or are there also thresholds? If we are already reporting according to GRI, how will it combine? We will stop reporting according to GRI or we will report on both frameworks (GRI and CSRD)? --- - Published: 2023-09-11 - Modified: 2024-09-13 - URL: https://nexioprojects.com/webinars/the-journey-to-cdp-submission-with-concept4/ On-demand With the deadline for CDP submission getting closer, this session aims to share with you key learnings and recommendations from a first-hand CDP discloser.   --- - Published: 2023-07-27 - Modified: 2024-12-02 - URL: https://nexioprojects.com/webinars/free-workshop-sustainability-goal-setting/ Access the free workshop Instead of just taking you through the process, in this workshop we'll show you how to implement it for yourself with our easy-to-use template for setting sustainability goals. The main topics covered in this webinar: What you will learn: Our 8-step process for sustainability goal-setting How to use our template A case example for setting goals Best practices from our experts Of course, feel free to contact us if you have any questions! --- - Published: 2023-02-21 - Modified: 2024-12-02 - URL: https://nexioprojects.com/webinars/esg-reporting-landscape-alignment-key-differences/ In the previous session, we discussed where we're at in the ESG reporting landscape.   Now, we are partnering up with Position Green to share with you key insights on the topic of Alignment & Differences across various reporting frameworks. Join this session to deep dive into ESG reporting. The main topics covered in this webinar: The main overlapping topics and notable differences across reporting frameworks and standards How to automate data collection for sustainability reporting How to analyse data and represent findings efficiently How to understand which standards and frameworks (will) matter most to your organisation Of course, feel free to contact us if you have any questions! --- - Published: 2023-02-02 - Modified: 2024-12-02 - URL: https://nexioprojects.com/webinars/csrd-prep-series-circularity/ On-demand webinar Join our webinar to explore the essential steps and best practices for preparing for the next steps of CSRD. The main topics covered in this webinar: Understand what is circularity and how to approach it Know the CSRD reporting requirements on Circularity Have insights into a practical example to get concrete KPIs to report on Of course, feel free to contact us if you have any questions! --- - Published: 2023-01-03 - Modified: 2024-12-02 - URL: https://nexioprojects.com/webinars/esg-reporting-landscape-where-are-we-now/ Our webinar calendar is filled with sustainability teachings, workshops and masterclasses to support your journey to becoming a more purpose-driven organisation. Follow this session to deep dive into ESG reporting for 2023. The main topics covered in this webinar: The key updates and developments Where to focus your ESG reporting efforts in 2023 Expected changes for this year and beyond Focus on the key reporting standards, frameworks and directives Best practices from our experts Of course, feel free to contact us if you have any questions! --- --- ## Events - Published: 2025-03-05 - Modified: 2025-03-05 - URL: https://nexioprojects.com/events/nexio-projects-alumni-event/ We're excited to announce our upcoming Nexio Projects Alumni day, celebrating our milestones and our vision of "... in an abundant world. " As a valued member of our alumni community, we'd love for you to join us for an afternoon of reconnection, reflection, and celebration in our office in Rotterdam. It's a perfect opportunity to catch up with former colleagues and share your journey since Nexio Projects. The event will feature alumni stories, a special toast to our achievements, and plenty of time for networking. We're eager to hear about your experiences and how they've shaped your path! Date: Friday 27th of June 2025Time: 18h - 22hLocation: Our Nexio Projects office in Rotterdam Find more details about the event here. Sign-up for the event in the link below. Looking forward to this moment of celebration together! Disclaimer: This event is for Nexio Projects past & current employees only --- - Published: 2025-03-03 - Modified: 2025-03-03 - URL: https://nexioprojects.com/events/b-corps-in-south-holland-meet-up/ B Corps Nexio Projects, Verstegen, and Salacia Solutions, in collaboration with B Lab Benelux, are working to establish B Local South Holland — a community of B Corps driving business as a force for good in our region. To make this happen, we need to strengthen and build a connected community of B Corps in South Holland. Therefore, we’re organising a first kick-off meet-up — the perfect opportunity to come together during B Corp Month!  Date: March 26th 2025  Time: 17:30 – 20:00  Location: Nexio Projects office, Rotterdam Join us for a workshop on best practices and co-create future topics for our community events throughout the year. There will also be time for networking over drinks. Sign-up below and let's kick-off the B Community together! If you cannot attend the event, you can also sign-up here to become part of the B Corps in South Holland community, and stay up to date concerning future events. Learn more about B Locals by the journey of B Local Limburg. --- - Published: 2025-01-09 - Modified: 2025-02-10 - URL: https://nexioprojects.com/events/leaders-in-sustainability-programme/ If you're a sustainability manager or director looking to elevate your expertise and become a world-class sustainability leader, our Leaders in Sustainability programme is designed for you. Tailored for professionals with a foundational understanding of sustainability, this advanced programme offers a comprehensive approach to further developing your leadership skills, deepening your knowledge of emerging trends, and seizing career opportunities within the dynamic world of ESG. Through expert-led sessions, practical tools, and opportunities for peer networking, you'll be equipped to drive impactful change and lead your organisation toward a more sustainable future. Programme content Looking ahead FAQ Who is the programme suited for? The sustainability accelerator programme is designed to help existing sustainability professionals, with titles such as Head of Sustainability, Sustainability Manager, ESG Director etc. What is the timeline of the programme? The programme begins in February and will include different events, workshops, toolkits and exclusive webinars throughout the next 11 months. People can join the programme throughout the year as well. Why is this the right programme for you? As a seasoned sustainability professional, you understand the challenges and opportunities of driving meaningful change within your organisation. This programme is designed specifically for in-house sustainability managers and directors like you—leaders ready to enhance their impact and future-proof their careers in the evolving world of ESG. Is it necessary to attend each session for the completion of the programme? Don't worry if your schedule does not allow you to attend for every session planned in the programme. It is not mandatory to attend all sessions. Additionally, recordings for each will be available for you. At the end of the programme, not only you will accelerate your skills in sustainability management, but you will also acquire a special certificate of completion. --- - Published: 2024-10-23 - Modified: 2024-11-07 - URL: https://nexioprojects.com/events/join-us-in-la-for-an-interactive-networking-session/ We’re excited to host a special networking event in Los Angeles. Tim van Oijen, Global Sales leader at Nexio Projects, will lead an interactive session where we’ll dive deep into the journey from compliance to purpose. We’re calling all in the LA Sustainability, QHSE & Environmental community to join us for meaningful conversations and insightful connections. Key Discussion Topics: - Building effective sustainability management systems - Navigating your company's decarbonization journey - Driving impact beyond compliance, with purpose at the core This is a unique opportunity to exchange ideas, learn from peers, and collaborate on the most pressing sustainability challenges of today. Date: November 21st, 2024 Location: will be shared upon registration Let’s shape a sustainable future together, see you there! --- - Published: 2024-09-09 - Modified: 2024-09-10 - URL: https://nexioprojects.com/events/ecovadis-world-tour-nordics/ The EcoVadis World Tour 2024 - Nordics is part of a series of regional events organized around the world in 9 stages: Frankfurt, Paris, Milan, Barcelona, Stockholm, Tokyo, London, New York and a virtual event in Asia-Pacific. Join us in Stockholm to meet our team on the ground and understand the biggest drivers and challenges in your region when it comes to supply chain risk & resilience, net zero ambitions, value chain improvements and more. --- - Published: 2024-09-07 - Modified: 2024-09-10 - URL: https://nexioprojects.com/events/ecovadis-world-tour-uk-benelux/ The EcoVadis World Tour 2024 - UK & Benelux is part of a series of regional events organized around the world in 9 stages: Frankfurt, Paris, Milan, Barcelona, Stockholm, Tokyo, London, New York and a virtual event in Asia-Pacific. Join us in London to meet our team on the ground and understand the biggest drivers and challenges in your region when it comes to supply chain risk & resilience, net zero ambitions, value chain improvements and more. --- - Published: 2024-09-06 - Modified: 2024-09-10 - URL: https://nexioprojects.com/events/ecovadis-world-tour-uk-americas/ The EcoVadis World Tour 2024 - Americas is part of a series of regional events organized around the world in 9 stages: Frankfurt, Paris, Milan, Barcelona, Stockholm, Tokyo, London, New York and a virtual event in Asia-Pacific. The event is dedicated to strengthening our community while tackling key sustainability issues around supply chain decarbonization and the latest regulatory developments in the region. --- --- ## News - Published: 2025-03-11 - Modified: 2025-03-11 - URL: https://nexioprojects.com/news/nexio-projects-named-a-top-brand-in-corporate-sustainability-2025-by-eupd-research/ - News years: 2025 Nexio Projects is proud to announce its recognition as a Top Brand in Corporate Sustainability 2025 by the esteemed EUPD Group. This prestigious award acknowledges Nexio Projects' exceptional commitment to sustainability, highlighting its role as a trusted partner for businesses seeking to enhance their environmental, social, and governance (ESG) practices. The Top Brand – Corporate Sustainability Award is a testament to Nexio Projects' innovative approaches and dedication to supporting organizations in achieving their sustainability goals. This recognition is based on nominations from leading experts in the sustainability sector and involves a rigorous evaluation process that assesses excellence in practice. "We are deeply honored to receive this distinguished recognition," said Marc Roodhuyzen de Vries, Managing Partner and CEO at Nexio Projects. "As a leading sustainability consultancy, we are committed to guiding businesses on their journey from compliance to purpose. This award reinforces our mission to drive meaningful change and support organisations in embedding sustainable practices into their core strategies. " Nexio Projects' expertise spans ESG ratings, sustainability reporting, strategy and climate services, with a strong focus on helping companies navigate complex sustainability challenges. As a certified B Corp and member of the UN Global Compact, Nexio Projects sets high standards for environmental, social, and governance practices. This recognition by EUPD Group underscores Nexio Projects' position as a trusted advisor for businesses seeking to enhance their sustainability performance. The company remains dedicated to fostering a greener future by empowering organizations to make impactful decisions that benefit both people and the planet. For more information about the Top Brand – Corporate Sustainability Award and Nexio Projects' commitment to sustainability, please visit https://eupd-group. com/top-brand-corporate-sustainability/. --- - Published: 2024-11-19 - Modified: 2025-03-11 - URL: https://nexioprojects.com/news/nexio-projects-gets-recognised-as-advisory-leader-in-the-2024-verdantix-report-smart-innovators/ - News years: 2024 Nexio Projects is honoured to be officially recognised as a leading provider of sustainability consulting in the latest report from research and advisory firm Verdantix. The "Smart Innovators: Consulting Services for CSRD and ESG Regulation Readiness" report provides buyers of consulting services for CSRD and other ESG regulation readiness with a high-level benchmark of the capabilities of 30 consulting providers.   We're especially proud to to be among the organisations receiving the highest scores in ESG and sustainability corporate reporting and disclosures, recognised for our excellence in:  Regulation readiness Reporting & disclosures Data governance In addition, Verdantix highlighted Nexio Projects' strengths in ESG and sustainability digital transformation, and digital tools, noting our strong capabilities for Software selection, deployment and implementation, as well as Software partnerships.   "This recognition affirms Nexio Projects’ position as a leader in sustainability strategy advisory.   We believe in a human approach to advisory, and a holistic approach to sustainability. This allows us to serve as a long-term partner for organisations by supporting with:  Regulatory compliance, Corporate sustainability reporting & strategy, Sustainability management systems, Decarbonisation and Scope 3 programs, Supplier engagement programs. We are honoured and grateful for this recognition and inspired to continue helping organisations on their journey from compliance to purpose. ”  --- - Published: 2024-04-01 - Modified: 2024-09-18 - URL: https://nexioprojects.com/news/nexio-projects-releases-third-edition-of-its-impact-report/ - News years: 2024 We're deeply grateful to our longstanding and new clients with whom we've built strong relationships and collaborations, pushing sustainability higher up the corporate agenda and finding practical solutions to develop, measure and report on non-financial impacts. --- - Published: 2023-12-15 - Modified: 2024-09-18 - URL: https://nexioprojects.com/news/nexio-projects-top-esg-boutique-according-to-verdantix/ - News years: 2023 Nexio Projects has been named as one of the top boutique ESG and sustainability consultancies in Verdantix's 2023 report Buyer's Guide: Boutique ESG and Sustainability Strategy Services. The guide provides an up-to-date analysis of 11 boutique ESG and sustainability consultancies. It's designed to be used by the board, C-suite and sustainability executives to inform their selection process. You can read the section on Nexio Projects below. Nexio Projects’s ESG and sustainability strategy services encompass materiality assessments and metrics selection, stakeholder engagement, goal-setting, peer benchmarking and gap analysis, and strategic ESG roadmap development. --- - Published: 2023-07-13 - Modified: 2024-09-13 - URL: https://nexioprojects.com/news/nexio-projects-top-esg-boutique-according-to-verdantix-2/ - News years: 2024 Nexio Projects, a rapidly growing international sustainability consultant and implementation specialist, enters into a partnership with Torqx Capital Partners. Nexio Projects was founded nearly six years ago with a mission to accelerate organisations’ transition from compliance to purpose. Over the years, we have served over 300 customers, across 25 countries and sectors, all with the same goal in mind: helping to shape more responsible, purposeful, and impactfulorganisations. --- --- ## Knowledge centre --- ## Specialists - Published: 2025-03-27 - Modified: 2025-03-27 - URL: https://nexioprojects.com/specialists/christelle-marais/ MBA, University of Stellenbosch, South Africa B. Sc. Food Science --- - Published: 2025-03-27 - Modified: 2025-05-26 - URL: https://nexioprojects.com/specialists/liliia-kalimullina/ Specialised in sustainability strategy, integration, and reporting, supply chain and stakeholder engagement  MBA, Sustainable Disruption & Innovation, HEC Paris  Ex-Schneider Electric, Accenture, PwC  --- - Published: 2025-01-29 - Modified: 2025-05-26 - URL: https://nexioprojects.com/specialists/dora-cristian/ Specialized in ESG Ratings, ESG regulations and reporting, EU Taxonomy, CSRD, ESG compliance, sustainability strategy and sustainable finance. Ex-PwC, Morningstar Sustainalytics --- - Published: 2025-01-29 - Modified: 2025-01-29 - URL: https://nexioprojects.com/specialists/nadia-scheepens/ Specialised in ESG assessments, EcoVadis, CSRD, reporting standards, sustainability strategy development and implementation. M. S. c. Environmental Sciences, Policy and Management (Central European University, University of the Aegean, Lund University, University of Manchester) --- - Published: 2025-01-29 - Modified: 2025-01-29 - URL: https://nexioprojects.com/specialists/ellen-van-der-linde/ Specialised in carbon footprint analysis, decarbonisation trajectories, EcoVadis assessments and sustainability reporting. M. Sc. Bioscience Engineering – Environmental Technology (Ghent University) --- - Published: 2025-01-29 - Modified: 2025-01-29 - URL: https://nexioprojects.com/specialists/defne-yurddas/ Specialised in digital marketing, content management, design and website optimisation. MSc Marketing Management, Rotterdam School of Management --- - Published: 2024-11-25 - Modified: 2024-11-25 - URL: https://nexioprojects.com/specialists/teddy-dimitrova/ Specialised in People & Culture, supporting start-ups and scale-ups with a people-first approach, mentoring leaders, and fostering transparent, growth-focused workplace environments. --- - Published: 2024-11-06 - Modified: 2024-11-22 - URL: https://nexioprojects.com/specialists/branwen-tomos/ Specialised in corporate and product carbon footprints, climate risk assessments and development of decarbonisation strategy. --- - Published: 2024-11-06 - Modified: 2024-11-22 - URL: https://nexioprojects.com/specialists/aurora-benedetti/ Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex-Finch & Beak, Ex-Deloitte MSc Resource Economic and Sustainable Development, University of Bologna --- - Published: 2024-11-06 - Modified: 2024-11-18 - URL: https://nexioprojects.com/specialists/blessie-rae-canete/ Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex-Deloitte --- - Published: 2024-11-06 - Modified: 2024-11-18 - URL: https://nexioprojects.com/specialists/carolina-paes/ Specialised in corporate and product carbon footprints, climate risk assessments and development of decarbonisation strategy. Ex-Metabolic, Ex-Systemiq MSc, Ghent University, Uppsala University and TU Freiberg --- - Published: 2024-11-06 - Modified: 2024-11-06 - URL: https://nexioprojects.com/specialists/roman-rzycki/ Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. M. Sc. Innovation and Global Sustainable Development, Lund University School of Economics and Management --- - Published: 2024-11-06 - Modified: 2024-11-11 - URL: https://nexioprojects.com/specialists/joy-stindt/ Specialised in corporate and product carbon footprints, climate risk assessments and development of decarbonisation strategy and sustainability reporting Ex-Holtara M. Sc. Governance of Sustainability (Leiden University) --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/natalia-giannakouri/ Specialised in people management and internal communications Ex-Erasmus University, MA International Communications, Hanze University --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/laura-blanc/ Specialised in Project Management M. S. c. (INSEEC) --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/romina-coral-andrade/ Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. M. S. c Global Business and Sustainability, Rotterdam School of Management --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/emile-catillon/ Specialised in corporate and product carbon footprints, climate risk assessments and development of decarbonisation strategy. M. S. c. (Wageningen University & Research) --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/ramech-muon/ Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. M. S. c. Social Science, Université de Paris VII --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/rachit-paliwal/ Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex- Reducept MBA (Nyenrode University) --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/sophia-grotz/ Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. M. S. c. Global Business and Sustainability, Rotterdam School of Management --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/luca-tucci-berube/ Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex-IUCN, M. S. c. Economics and Policy of Energy and Climate Change, Strathclyde Business School --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/nada-afra/ Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. M. S. c. International Development, Utrecht University --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/joao-santos/ M. S. c. (NOVA University Lisbon) --- - Published: 2024-08-29 - Modified: 2024-12-16 - URL: https://nexioprojects.com/specialists/julia-moss/ Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex-Patagonia, M. S. c. (RSM Erasmus University) --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/karst-nicolai/ Specialised in business development and project management. M. S. c. (Rotterdam School of Management) --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/varsha-ram-balapa/ Specialised in corporate and product carbon footprints, climate risk assessments and development of decarbonisation strategy. M. S. c. Industrial Ecology, TU Delft & Leiden University --- - Published: 2024-08-29 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/nicholas-biehl/ Specialised in business development and project management MBA, Rotterdam School of Management --- - Published: 2024-08-27 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/sarah-priester-2/ - Expert tags: Finance, Manufacturing, Non Profit, Packaging, Professional Services Specialised in finance, accounting, M&A and corporate development Ex-Re:Coded, Bunzl and KPMG Chartered Accountant (ACA) --- - Published: 2024-08-26 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/herman-grove/ Specialised in ESG assessments, CSRD, double materiality assessments, reporting standards, sustainability strategy development and implementation. Ex-UNDESA M. S. c. International Public Management and Policy, Erasmus University --- - Published: 2024-08-23 - Modified: 2025-05-21 - URL: https://nexioprojects.com/specialists/cilia-keser/ - Expert tags: Fashion & Wearables, Food & Beverage, Professional Services, Retail Specialised in people management and marketing within the sustainability field. Ex-Adidas, Columbia Sportswear & Accenture MSc in Marketing Management, RSM --- - Published: 2024-08-09 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/tim-van-oijen/ - Expert tags: Professional Services, Retail, Shipping, Technology Specialised in business development and project management. Ex-Wortell & Magnet. me B. A. Economics, Rotterdam University of Applied Sciences --- - Published: 2024-08-09 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/felix-keser/ - Expert tags: Finance, Infrastructure, Non Governmental Organisations, Philanthropy, Technology Specialised in operations, strategy development and project management. Ex-ARUP, Urban-X and Clinton Foundation M. P. A. , London School of Economics and Political Science --- - Published: 2024-08-09 - Modified: 2025-05-26 - URL: https://nexioprojects.com/specialists/zuzana-struharova/ - Expert tags: Chemicals, FMCG, Legal, Packaging, Professional Services Specialist in outsourced sustainability management, ESG assessments, reporting standards, sustainability strategy development and implementation. Coordinator of Nexio Projects’ internal sustainability team. Ex-Volt MA (UCL) --- - Published: 2024-08-09 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/stephanie-pragastis/ - Expert tags: Chemicals, FMCG, Legal, Professional Services, Transport & Logistics Specialised in training and capacity-building projects, sustainability reporting standards and strategy development. Ex-GRI & Dalberg Media M. A. Leadership for Sustainability, Malmö University --- - Published: 2024-08-09 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/jatin-budhraja/ - Expert tags: FMCG, Industrial products, Industrial technology, Insurance, Media, Telecom Specialist in ESG regulation and reporting, including standard interpretation, gap analysis, materiality assessment, process set-up, data collation and consistency and audit readiness. Ex-EY & KPMG CFA, MBA INSEAD --- - Published: 2024-08-08 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/marc-roodhuyzen-de-vries/ - Expert tags: Chemicals, FMCG, Shipping, Transport & Logistics Specialised in business development, marketing and project management B. A Business Administration, Rotterdam University of Applied Sciences --- - Published: 2024-07-23 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/ana-bittar/ Specialised in ESG assessments, EcoVadis, reporting frameworks and standards. Ex-Circular IQ M. S. c. (Tilburg University) --- - Published: 2024-07-23 - Modified: 2024-10-24 - URL: https://nexioprojects.com/specialists/cesar-carreno-chasin/ - Expert tags: Agroindustry, ICT, Packaging, Retail Specialist in carbon strategy and advisory, including setting up monitoring, reporting and verification frameworks. Ex-TÜV Rheinland, Ex-ICLEI MSc (FH Trier) --- --- ## Testimonials --- ## Glossary - Published: 2025-04-07 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/sustainable-sourcing/ - Tags: English - Services: Product sustainability The integration of social, ethical and environmental considerations into supplier selection and procurement processes. Sustainable sourcing helps companies mitigate risks such as supply disruptions, cost volatility and reputational damage while ensuring regulatory compliance. It also supports stakeholder expectations and promotes responsible environmental and social practices across the supply chain. --- - Published: 2025-04-07 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/united-nations-global-compact-ungc/ - Tags: English A voluntary initiative encouraging businesses to adopt sustainable and socially responsible practices. Participants commit to aligning their operations with ten principles covering human rights, labour, the environment and anti-corruption, and must report on their progress toward these commitments. --- - Published: 2025-04-07 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/value-chain-emissions-also-known-as-scope-3-emissions/ - Tags: English - Services: Net zero and decarbonisation Greenhouse gas (GHG) emissions that occur beyond a company’s direct operations, including both upstream emissions from suppliers (e. g. raw material extraction, manufacturing and transportation) and downstream emissions from product use, disposal and end-of-life treatment. Since value chain emissions often constitute the largest share of a company’s total carbon footprint, addressing them is essential for achieving meaningful emissions reductions and sustainability goals. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/1-5c-aligned/ - Tags: English - Services: Net zero and decarbonisation A 1. 5°C-aligned organisation has set GHG emissions reduction targets and established climate change mitigation measures that are consistent with the standards required to meet the target – set out in the Paris Agreement – of limiting global temperature increase to 1. 5°C above pre-industrial levels. To meet this 1. 5°C trajectory, scientists have estimated that the world must cut its emissions in half by 2030 and reach net zero emissions by 2050. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/accuracy-gap/ - Tags: English - Services: Net zero and decarbonisation The difference between an organisation’s estimated GHG emissions levels and the volume of emissions it is responsible for in reality. The ‘gap’ between these two measures is usually the result of the methodologies and data used in emissions estimates. This can be mitigated by the use of comprehensive and science-backed carbon accounting. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/activity-data/ - Tags: English - Services: Net zero and decarbonisation A measure used in carbon accounting to specify the unit volume of a particular product or material purchased by a company. The use of activity data typically allows for more accurate emissions calculations than spend-based data. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/additionality/ - Tags: English - Services: Net zero and decarbonisation A principle used in carbon accounting to evaluate carbon reduction or removal projects and a key criterion for carbon offset projects in voluntary and compliance carbon markets. The additionality principle helps to ensure that carbon credits or climate finance support projects that genuinely contribute to mitigating climate change, rather than rewarding actions that would have occurred regardless. For example, if a renewable energy project is funded using carbon credits, yet would still have been undertaken (through private financing) in the absence of carbon financing, then it would not meet the criteria of additionality. This may be the case if a country has strong mandates or subsidies for renewable energy projects.   --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/adverse-climate-outcome-aco/ - Tags: English - Services: Climate risk and CDP reporting, CSRD and reporting A negative consequence resulting from an action or inaction that harms the climate or increases climate-related risks. This term is often used in risk assessments, regulatory frameworks and ESG reporting. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/adverse-social-outcome-aso/ - Tags: English - Services: Climate risk and CDP reporting, CSRD and reporting A negative consequence resulting from an action or inaction that harms society, human rights, or social well-being. ASOs are often discussed in the context of corporate responsibility, ESG frameworks and impact assessments. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/base-year/ - Tags: English - Services: Net zero and decarbonisation A designated reference year against which an organisation measures changes in its environmental, social and governance (ESG) performance. In carbon accounting, a base year is used to track progress in reducing Scope 1, 2 and 3 emissions over time. The selection of a base year is critical for ensuring comparability and accountability in sustainability reporting. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/b-corp-certified-b-corporation/ - Tags: English - Services: B Corp A business that has been certified by B Lab, an independent nonprofit, for meeting high standards of social and environmental performance, accountability and transparency. B Corps commit to balancing profit with purpose, demonstrating responsible business practices and often working toward sustainability goals such as net-zero emissions and equitable supply chains. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/renewable-energy/ - Tags: English - Services: Net zero and decarbonisation Energy generated from naturally replenishing, non-fossil sources such as wind, solar, hydropower and biomass. Renewable energy sources are considered sustainable because they do not deplete over time and have lower environmental impacts compared to fossil fuels. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/abatement-measures/ - Tags: English - Services: Net zero and decarbonisation Methods for reducing (e. g. increasing energy efficiency), preventing (e. g. transitioning to renewable energy sources), or eliminating (e. g. carbon capture and storage) greenhouse gas emissions. Abatement measures are key strategies in climate mitigation and corporate decarbonisation efforts. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/partnership-for-carbon-transparency-pact/ - Tags: English - Services: Net zero and decarbonisation A global initiative led by the World Business Council for Sustainable Development (WBCSD) to improve transparency in Scope 3 emissions reporting. PACT establishes a standardised framework for calculating and sharing consistent, comparable and credible emissions data across value chains. By enabling data interoperability, PACT helps organisations track and manage their carbon footprints more effectively to meet decarbonisation targets. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/social-responsibility/ - Tags: English A company’s commitment to operating in a way that benefits society while minimising negative social and environmental impacts. In an environmental context, this includes reducing pollution, conserving resources and adopting sustainable practices. Social responsibility also encompasses ethical labour practices, stakeholder engagement, philanthropy and economic decisions that contribute to long-term societal well-being. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/b-impact-assessment/ - Tags: English - Services: B Corp An assessment that evaluates a company’s impact across five key areas to determine its eligibility for B Corporation certification. These five impact areas are Governance, Workers, Community, Customers and Environment. The assessment, developed by B Lab, measures a company’s social and environmental performance, accountability and transparency. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/biochar/ - Tags: English - Services: Net zero and decarbonisation A carbon-rich, charcoal-like substance produced through pyrolysis (thermal decomposition in a low-oxygen environment) of organic waste materials such as crop residues, wood and agricultural byproducts. Biochar acts as a carbon removal method by stabilising CO₂ in a solid form, preventing its release into the atmosphere. It is widely researched for its potential in carbon sequestration, soil enhancement and sustainable agriculture. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/biodiversity/ - Tags: English - Services: Climate risk and CDP reporting, Net zero and decarbonisation The variety and variability of life forms within a given ecosystem, habitat or the entire planet. High biodiversity arises from species richness (the number of species), genetic diversity (variation within species) and functional diversity (the variety of ecological roles organisms play). Biodiversity is crucial to ecosystem health, stability, resilience and productivity. It ensures that ecosystems can adapt to changes, supports ecosystem services and helps to sustain natural resources. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/bio-oil/ - Tags: English - Services: Climate risk and CDP reporting, Net zero and decarbonisation A carbon-rich liquid produced through pyrolysis (thermal decomposition in a low-oxygen environment) of biomass such as crop residues, forestry byproducts and agricultural waste. Bio-oil serves as a carbon removal method when injected deep underground for long-term carbon sequestration, effectively storing carbon and preventing its re-release into the atmosphere. It is also researched for potential use in renewable energy and industrial applications.   --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/cap-and-trade/ - Tags: English - Services: Net zero and decarbonisation A market-based system designed to reduce greenhouse gas (GHG) emissions by setting a fixed limit (cap) on total allowable emissions. A central authority, such as a government or regulatory body, distributes or auctions a limited number of emissions permits, each allowing the holder to emit a specific amount of GHGs over a set period. Companies that reduce their emissions below their allocated amount can sell excess permits to others, while companies that exceed their limits must buy additional permits. Over time, the central authority progressively lowers the cap, thereby reducing total emissions and incentivising the adoption of cleaner technologies and practices. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/carbon-accounting/ - Tags: English - Services: Net zero and decarbonisation The process of measuring, tracking and reporting the total greenhouse gas (GHG) emissions of an organisation, country or project, usually expressed in carbon dioxide equivalents (CO₂e). It involves quantifying emissions from various sources, including Scope 1 (direct emissions), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions from the supply chain). Carbon accounting helps entities assess their climate impact, identify reduction opportunities and implement strategies for emissions reductions or offsetting. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/carbon-capture-and-storage-ccs-carbon-capture-usage-and-storage-ccus/ - Tags: English - Services: Net zero and decarbonisation A technology-driven process designed to capture, transport and either store or repurpose carbon dioxide (CO₂) emissions from industrial sources and power generation. This process helps reduce greenhouse gas (GHG) emissions by preventing CO₂ from entering the atmosphere.   Key Components:  Carbon capture – CO₂ is captured at the source, such as power plants, factories or through direct air capture systems, using technologies like absorption, adsorption or membrane separation. Carbon usage – The captured CO₂ is repurposed in industrial processes (e. g. enhanced oil recovery, synthetic fuels or concrete production) instead of being emitted into the atmosphere. Carbon storage – CO₂ is permanently stored underground in geological formations, such as depleted oil and gas reservoirs, deep saline aquifers or other stable underground sites. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/carbon-credits/ - Tags: English - Services: Net zero and decarbonisation Tradable certificates representing the reduction or removal of one metric tonne of carbon dioxide (CO₂) or its equivalent in greenhouse gases (CO₂e) from the atmosphere. They are used in carbon markets to incentivise emission reductions and offset unavoidable emissions.   There are two types of carbon credits:  Compliance credits – Issued as part of regulated carbon trading systems (e. g. the EU Emissions Trading System), where companies are required to hold credits to legally emit greenhouse gases and comply with emissions reduction targets. Voluntary credits – Bought and sold in voluntary carbon markets, where organisations and individuals invest in climate projects (e. g. reforestation and renewable energy) to offset their emissions voluntarily.   --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/carbon-negative/ - Tags: English - Services: Net zero and decarbonisation A business, organisation or activity is considered carbon negative (also known as climate positive) when it removes more carbon dioxide (CO₂) from the atmosphere than it emits. This goes beyond net zero, where emissions are balanced, creating a net reduction in global carbon levels. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/carbon-dioxide-co%e2%82%82/ - Tags: English - Services: Net zero and decarbonisation A colourless, odourless gas that occurs naturally in the atmosphere and is also produced by human activities, such as fossil fuel combustion, industrial processes and deforestation. As a greenhouse gas (GHG), CO₂ traps heat in the Earth’s atmosphere, contributing to global warming and climate change. Human activities have significantly increased CO₂ concentrations, driving climate change. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/carbon-dioxide-equivalent-co%e2%82%82e/ - Tags: English A standardised unit used to compare the global warming potential (GWP) of different greenhouse gases (GHGs) by quantifying their impact relative to carbon dioxide (CO₂). CO₂e represents the amount of CO₂ that would have the same warming effect as a given mass of a different GHG over a specific period, typically 100 years. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/carbon-footprint/ - Tags: English - Services: Net zero and decarbonisation The total amount of greenhouse gas (GHG) emissions, expressed in carbon dioxide equivalents (CO₂e), associated with a specific product, activity, individual, organisation or event. It includes both direct emissions (e. g. burning fossil fuels for transportation or heating) and indirect emissions (e. g. emissions from the production, transportation, and use of goods and services). --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/carbon-leakage/ - Tags: English - Services: Net zero and decarbonisation The phenomenon in which the implementation of a carbon removal or emission reduction project leads to an increase in emissions elsewhere. This occurs when measures to reduce emissions in one location result in shifts in production, deforestation or other activities that generate emissions in another region. Avoiding leakage is a key principle in high-quality climate investments and carbon offset projects. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/carbon-neutral/ - Tags: English - Services: Net zero and decarbonisation A business, organisation or activity is considered carbon neutral when it achieves a net-zero balance of greenhouse gas (GHG) emissions by reducing its emissions and/or offsetting any remaining emissions through carbon credits or removal projects. This means that, on balance, it does not add additional GHGs to the atmosphere. Carbon neutrality typically covers direct (Scope 1) and purchased energy (Scope 2) emissions, but may exclude Scope 3 emissions, which often make up the largest share of a company’s carbon footprint. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/carbon-neutral-vs-net-zero/ - Tags: English - Services: Net zero and decarbonisation A company, organisation or activity is considered carbon neutral when it balances the total amount of carbon it emits from its own operations by removing an equivalent amount from the atmosphere. This can be achieved by balancing total emissions with offsets, which means compensating for greenhouse gas (GHG) emissions by investing in projects such as reforestation or renewable energy through carbon credits. This approach is often criticised because: A) It relies on offsetting emissions rather than reducing them at the source, meaning that significant reductions may not occur at the operational level.   B) It usually covers Scope 1 (direct) and Scope 2 (energy-related) emissions, but may exclude Scope 3 (supply chain, product lifecycle) emissions, which often account for the largest proportion of a company’s total carbon footprint.   In contrast, a company, organisation or activity reaches net zero when it directly reduces its emissions across all areas (Scope 1, 2 and 3) as much as possible and neutralises all remaining, unavoidable emissions using permanent carbon removal methods. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/carbon-pricing/ - Tags: English - Services: Net zero and decarbonisation An economic mechanism that assigns a monetary cost to greenhouse gas (GHG) emissions, typically measured per metric tonne of carbon dioxide equivalent (CO₂e). The goal is to incentivise reductions in emissions by making polluters financially accountable for their environmental impact.    Some examples of carbon pricing measures include:  Carbon tax: A fixed price per tonne of CO₂e emitted, paid directly by polluters. Cap and trade: An emissions trading system where a cap on emissions is set, and companies can trade emissions allowances. Internal carbon pricing: A voluntary system where companies assign a carbon cost to internal operations to drive low-carbon investments. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/carbon-sequestration/ - Tags: English - Services: Net zero and decarbonisation The process of capturing and storing carbon dioxide (CO₂) to prevent it from entering the atmosphere and contributing to climate change. This can occur through natural or technological methods.    There are two main types of carbon sequestration:  Natural sequestration: Involves the absorption and storage of CO₂ by forests, soil, wetlands and oceans.   Technological sequestration: Uses techniques such as Carbon capture and storage (CCS) or direct air capture (DAC) to remove CO₂ and store it underground or in long-lasting materials. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/carbon-sink/ - Tags: English - Services: Climate risk and CDP reporting, Net zero and decarbonisation A natural or artificial system that absorbs and stores more carbon dioxide (CO₂) than it releases, helping to reduce atmospheric CO₂ levels. Carbon sinks play a key role in mitigating climate change by removing and storing carbon over long periods. Examples of natural carbon sinks include forests, soils, oceans and peatlands/wetlands. Technological (artificial) carbon sinks include geological storage, biochar and carbon capture and storage (CCS). --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/carbon-tax/ - Tags: English - Services: Net zero and decarbonisation A fee imposed on the carbon emissions generated as part of the production of goods and services. It is designed to reduce overall emissions by increasing the cost of high-emission activities, thus encouraging businesses and consumers to shift toward low-carbon alternatives. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/carbon-border-adjustment-mechanism-cbam/ - Tags: English - Services: CSRD and reporting, Net zero and decarbonisation A trade policy tool designed to prevent carbon leakage (the geographical dislocation of emissions) by applying a carbon price on imported goods based on their embedded greenhouse gas (GHG) emissions. The CBAM ensures that foreign producers face similar carbon costs to those faced by domestic industries subject to carbon pricing regulations. This seeks to ‘level the playing field’ by disincentivising the import of foreign goods to circumvent carbon-related costs.    Both the EU and the UK have announced plans to implement a CBAM. Regulations will come into effect in the EU in 2026 and a similar mechanism will come into force in the UK in 2027.   Note: CBAM is one of the regulations within the scope of the EU Omnibus proposal. If adopted, the Omnibus would alter the parameters of CBAM in terms of applicability and implementation. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/cdp-reporting/ - Tags: English - Services: Climate risk and CDP reporting A global environmental reporting system that allows companies, cities, states and regions to disclose their environmental impact, particularly regarding climate change, water security and deforestation. CDP (formerly known as the Carbon Disclosure Project) provides a standardised framework for organisations to measure, manage and disclose their environmental data to investors, policymakers and the public. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/circular-economy/ - Tags: English - Services: Sustainability strategy The process of making adjustments to systems, practices and structures to minimise the negative impacts of climate change and capitalise on potential opportunities. It involves proactive strategies and actions aimed at enhancing resilience to the changing climate, such as adapting to rising temperatures, extreme weather events and sea-level rise. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/climate-change-mitigation/ - Tags: English - Services: Climate risk and CDP reporting, Net zero and decarbonisation Efforts aimed at reducing or preventing the emission of greenhouse gases (GHGs) into the atmosphere to slow global warming and its impacts. This includes reducing emissions from key sources such as power plants, industries, transportation and agriculture, as well as enhancing natural carbon sinks like forests, oceans and soil to absorb and store carbon dioxide. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/climate-investment/ - Tags: English - Services: Net zero and decarbonisation, Sustainability strategy Refers to financial contributions towards projects and initiatives that reduce, remove or prevent greenhouse gas (GHG) emissions. This includes carbon offsetting, carbon compensation and carbon removal, where carbon is taken from the atmosphere and stored in a way that prevents it from contributing to climate change. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/climate-positive-or-carbon-negative/ - Tags: English - Services: Net zero and decarbonisation A business, project or activity is considered climate positive (also referred to as carbon negative) if it removes more greenhouse gases (GHGs) from the atmosphere than it emits, resulting in a net decrease in atmospheric carbon levels. This goes beyond net zero, which only neutralises emissions, by actively contributing to climate improvement.   --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/climate-risk/ - Tags: English - Services: Climate risk and CDP reporting The potential negative impacts of climate change on ecosystems, economies, businesses and society. There are two main categories of climate risk:  Physical risks – posed by extreme weather events or chronic, long-term risks such as rising sea levels or global temperature increases. Transition risks – potential adverse effects (mainly incurred by businesses) of transitioning from fossil fuels and other carbon-emitting activities to more carbon-neutral approaches. Transition risks often refer to the costs of this transition, although businesses that fail to decarbonise adequately may face other risks, such as reputational damage, loss of market share and regulatory consequences. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/cop-conference-of-the-parties/ - Tags: English - Services: Climate risk and CDP reporting, Sustainability strategy The annual United Nations climate summit where representatives from nearly every country gather to assess progress in tackling climate change. COP serves as the decision-making body of the UN Framework Convention on Climate Change (UNFCCC) and is responsible for negotiating and implementing global climate agreements, such as the Kyoto Protocol and the Paris Agreement. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/corporate-sustainability-reporting-directive-csrd/ - Tags: English - Services: CSRD and reporting A European Union regulation requiring companies to report on their climate and environmental impact. Adopted by the European Commission in November 2022, the CSRD replaces and expands the Non-Financial Reporting Directive (NFRD) by introducing more detailed disclosure requirements in areas such as governance, environmental impacts, social issues and diversity.  In its current form, it significantly increases the number of companies subject to mandatory sustainability reporting.   Note: The CSRD is one of the regulations within the scope of the EU Omnibus proposal. If adopted, the Omnibus would alter the parameters of the CSRD in terms of applicability and implementation. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/csrd-reporting-software/ - Tags: English - Services: CSRD and reporting Digital tools that are designed to help companies comply with the Corporate Sustainability Reporting Directive (CSRD) by collecting, analysing and reporting sustainability data in line with the European Sustainability Reporting Standards (ESRS). Such software is often used to streamline compliance, improve data accuracy and facilitate reporting to stakeholders like investors, regulators and consumers. Key features of CSRD reporting software include automated data collection, compliance tracking, standardised reporting, risk and impact analysis and audit-ready documentation.   --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/corporate-sustainability-due-diligence-directive-csddd/ - Tags: English - Services: CSRD and reporting The CSDDD is an EU regulation requiring companies to identify, prevent, mitigate and account for actual or potential adverse impacts on human rights, the environment and good governance throughout their operations, subsidiaries and supply chains. To achieve this, businesses must carry out due diligence to assess, address and report on risks and negative impacts within their value chains. The Directive also requires companies to implement corrective actions and to establish grievance mechanisms for affected stakeholders. It aims to ensure that businesses contribute to sustainable development by holding them accountable for the impacts of their activities, both directly and indirectly.   Note: The CSDDD is one of the regulations within the scope of the EU Omnibus proposal . If adopted, the Omnibus would alter the parameters of the CSDDD in terms of applicability and implementation. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/decarbonisation-also-known-as-carbon-reduction/ - Tags: English - Services: Net zero and decarbonisation The process of reducing or eliminating greenhouse gas (GHG) emissions produced by activities, companies, sectors or countries. This objective is achieved through strategies such as transitioning to renewable energy sources, improving energy efficiency, adopting low-carbon technologies and changing business practices to minimise carbon emissions and their associated environmental impact. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/direct-air-capture-dac/ - Tags: English - Services: Net zero and decarbonisation A technology-based process that captures carbon dioxide (CO₂) directly from the atmosphere. DAC systems use chemical processes to extract CO₂, which can then be stored (e. g. in geological formations) or converted into solid minerals through mineralisation, ensuring permanent removal of the captured CO₂ from the atmosphere. CO₂ extracted using DAC can also be utilised for various applications, such as the production of synthetic fuels, bioplastics and other materials, although these uses do not always result in permanent carbon removal. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/double-materiality/ - Tags: English - Services: CSRD and reporting A concept in sustainability and ESG (environmental, social and governance) reporting that encompasses two dimensions of materiality: impact materiality, which considers how an organisation’s activities affect the environment or society, and financial materiality, which evaluates how environmental or social risks can affect the organisation’s financial performance. A sustainability issue or risk is considered to have double materiality if it has significance from either or both perspectives. The concept of double materiality is central to the Corporate Sustainability Reporting Directive (CSRD). --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/double-counting/ - Tags: English - Services: Net zero and decarbonisation The practice of claiming the same carbon removal or climate investment more than once, either by selling the same carbon removal credits to multiple parties or attributing the same emissions reduction to more than one entity. This can lead to inflated claims regarding the total amount of carbon offset or removed. Preventing double counting is critical for ensuring the integrity and effectiveness of climate investment efforts.   --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/downstream-emissions/ - Tags: English - Services: Net zero and decarbonisation The greenhouse gas (GHG) emissions that occur after a company has sold its products or services. These emissions are generated during the use, disposal, transportation or further processing of the company’s goods by consumers. They also include activities such as waste management and other downstream operations associated with the final product. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/ecovadis/ - Tags: English - Services: Ecovadis A global platform that evaluates and rates companies based on their sustainability and ESG (environmental, social and governance) performance. The platform assesses a company’s management of sustainability issues, covering areas like environmental impact, labour practices, business ethics and supply chain management. Companies receive a sustainability score that can be shared with customers and other stakeholders. Learn more about EcoVadis here. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/the-european-financial-reporting-advisory-group-efrag/ - Tags: English - Services: CSRD and reporting A private association established to provide technical advice and expertise on financial and sustainability reporting. It plays a crucial role in shaping European views on accounting and sustainability practices, ensuring that reporting standards are aligned with both EU regulations and the interest of society at large. EFRAG also advises the European Commission on the implementation of non-financial reporting frameworks. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/embodied-carbon-also-referred-to-as-embedded-carbon-or-embodied-energy/ - Tags: English - Services: Net zero and decarbonisation, Product sustainability The total greenhouse gas (GHG) emissions associated with the entire lifecycle of a product or construction project, excluding operational emissions. This includes emissions generated during the extraction of raw materials, manufacturing, transportation, assembly and eventual disposal or deconstruction at the end of the product or building's life. Embodied carbon is a significant component of a product's total carbon footprint, especially for materials used in construction. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/emission-factor/ - Tags: English - Services: Net zero and decarbonisation A coefficient that represents the relationship between the amount of pollutant (such as greenhouse gases) produced and the activity responsible for its production. It is typically expressed as the mass of a specific pollutant emitted per unit of activity, such as tonnes of CO₂-equivalent (CO₂e) emissions per unit of fuel burned or distance travelled. Emission factors are used to estimate emissions from various sources and activities. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/emissions-trading-also-known-as-cap-and-trade/ - Tags: English - Services: Net zero and decarbonisation, Sustainability strategy A market-based policy instrument that allows companies or governments to buy and sell allowances or credits that permit the emission of a certain amount of greenhouse gases (GHGs). The overall goal of emissions trading is to limit total emissions within a defined region, sector, or group of companies, while providing economic incentives for participants to reduce emissions more cost-effectively. It is designed to encourage innovation and investment in low-carbon technologies. An example of emissions trading is the EU Emissions Trading Scheme (ETS). --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/environmental-product-declaration-epd/ - Tags: English - Services: Product sustainability A standardised and verified declaration that communicates the environmental impacts of a product throughout its lifecycle, based on a product life-cycle assessment (LCA). EPDs provide transparent, comparable and credible information about a product's environmental footprint, allowing consumers, manufacturers and other stakeholders to assess the relative environmental impact of different products. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/esg-environmental-social-and-governance/ - Tags: English A widely used framework for assessing the sustainability and ethical impact of organisations. In an environmental context, ESG refers to factors such as carbon emissions, resource efficiency, biodiversity and climate resilience. The framework also addresses social issues, including labour practices, human rights and community engagement, as well as governance concerns such as executive compensation, board diversity and business ethics. ESG considerations influence strategic planning, financing, corporate reporting and supply chain management, guiding responsible business practices and investment decisions. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/eu-emissions-trading-scheme-eu-ets/ - Tags: English - Services: Net zero and decarbonisation A market-based policy tool aimed at reducing greenhouse gas (GHG) emissions across the European Union. It operates on a cap-and-trade principle, where a cap is set on the total amount of emissions that can be emitted by high-emitting sectors such as power generation, industry and aviation. Companies within these sectors are allocated a certain number of emission allowances, which represent the right to emit a specific amount of CO₂ or its equivalent in terms of GHG emissions. If a company emits less than its allowance, it can sell the surplus; if it emits more, it must buy additional allowances. The cap decreases over time, driving a continuous reduction in emissions. The EU ETS incentivises companies to reduce emissions cost-effectively by providing financial rewards for cutting emissions and penalties for exceeding limits. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/european-sustainability-reporting-standards-esrs/ - Tags: English - Services: CSRD and reporting A mandatory reporting framework that outlines the structure and disclosure requirements for companies subject to the Corporate Sustainability Reporting Directive (CSRD). The ESRS covers a comprehensive range of environmental, social and governance (ESG) issues, including climate change, biodiversity, human rights and corporate governance. It aims to ensure standardised, comparable and transparent sustainability reporting, helping businesses to assess and disclose their ESG impacts, risks and opportunities in line with EU sustainability goals. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/fit-for-55/ - Tags: English - Services: CSRD and reporting, Net zero and decarbonisation A package of legislative measures proposed by the European Union in 2021 aimed at reducing greenhouse gas (GHG) emissions by 55% by 2030, compared to 1990 levels. It is a central element of the EU’s European Green Deal, which strives for carbon neutrality by 2050. The Fit for 55 package includes a variety of policies across sectors such as energy, transportation, industry and agriculture, focusing on the clean energy transition, emissions trading, energy efficiency and the promotion of renewable energy, among other measures. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/fugitive-emissions/ - Tags: English - Services: Net zero and decarbonisation The unintentional release of gases and vapours from industrial processes, equipment or infrastructure that occur during the course of an organisation’s activities. These emissions are part of a company’s Scope 1 emissions, which encompass all direct greenhouse gas emissions from sources that are owned or controlled by the company. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/ghg-protocol/ - Tags: English - Services: Net zero and decarbonisation Developed as a partnership between the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), the GHG Protocol provides the most widely recognised standard for greenhouse gas (GHG) accounting and reporting. It offers a comprehensive framework for businesses, governments and other stakeholders to measure and manage their direct and indirect emissions, as well as assess and report progress on reducing emissions and managing climate-related risks. The protocol categorises emissions into three scopes: Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from the generation of purchased electricity, steam, heating and cooling) and Scope 3 (indirect emissions that occur throughout the value chain, including both upstream and downstream activities). --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/ghg-reporting/ - Tags: English - Services: CSRD and reporting, Net zero and decarbonisation The process of disclosing greenhouse gas (GHG) emissions data in a structured format, typically on a monthly, quarterly or annual basis, as part of a company’s financial or sustainability reporting. GHG reporting involves calculating and presenting key metrics to assess emissions performance and climate impact. These can include: Scope 1, 2 and 3 emissions from the company and its affiliates. Global warming potential (GWP) values of reported emissions.   A comparison with a base year to track emissions trends over time.   An intensity metric, such as emissions per employee, per unit of product sold or per unit of revenue.   --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/greenhouse-gas-ghg/ - Tags: English - Services: Climate risk and CDP reporting, Net zero and decarbonisation A gas that absorbs and emits radiant energy in the thermal infrared spectrum, trapping heat in the Earth's atmosphere and contributing to the greenhouse effect. Major GHGs include carbon dioxide (CO₂), methane (CH₄), nitrous oxide (N₂O) and fluorinated gases. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/greenwashing/ - Tags: English - Services: Sustainability strategy, Sustainability training The practice of providing false, misleading or exaggerated claims about a company’s environmental impact, sustainability efforts or the environmental benefits of its products or services. Greenwashing can be intentional or unintentional, often resulting from a lack of transparency in emissions accounting (particularly Scope 3 emissions). --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/gross-zero-target/ - Tags: English - Services: Net zero and decarbonisation A commitment by a company to eliminate all greenhouse gas (GHG) emissions across its entire operations and value chain, without relying on carbon offsets or removals. Unlike net zero, which allows for offsetting, a gross zero target requires reducing emissions to absolute zero. After achieving this, the company pledges to maintain a zero-emission status in subsequent years. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/gri-global-reporting-initiative/ - Tags: English - Services: CSRD and reporting An independent international organisation that develops widely used sustainability reporting standards. GRI provides frameworks, best practices and industry-specific guidance to help businesses, governments and organisations measure and disclose their environmental, social and governance (ESG) impacts. GRI standards enhance transparency and accountability by enabling organisations to report on areas such as greenhouse gas emissions, resource use, biodiversity, human rights and labour practices. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/hydrocarbons/ - Tags: English - Services: Climate risk and CDP reporting, Net zero and decarbonisation Organic compounds consisting of hydrogen and carbon, primarily found in fossil fuels such as oil, natural gas and coal. In an environmental context, hydrocarbons are a major contributor to climate change, as their combustion releases carbon dioxide (CO₂) and other greenhouse gases. Hydrocarbons can also cause environmental pollution, including oil spills, air contamination and ecosystem degradation. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/internal-carbon-pricing-icp/ - Tags: English - Services: Net zero and decarbonisation, Sustainability strategy A tool used by companies to assign a financial value to their greenhouse gas (GHG) emissions, integrating this cost into business decision-making. By factoring in a price on carbon, companies incentivise emissions reductions and drive investment towards cleaner technologies and energy-efficient operations. ICP can take various forms, such as ‘shadow pricing’, carbon fees, or cap-and-trade mechanisms within an organisation. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/net-negative/ - Tags: English - Services: Net zero and decarbonisation A state in which an organisation, company or country removes more greenhouse gas (GHG) emissions from the atmosphere than it emits. Achieving net negative status typically involves reducing emissions as much as possible through energy efficiency, renewable energy adoption and sustainable practices, while actively removing excess emissions via methods such as reforestation, carbon capture and storage (CCS) and soil carbon sequestration. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/inset-insetting/ - Tags: English - Services: Net zero and decarbonisation The practice of investing in greenhouse gas (GHG) emissions reduction or removal projects within a company’s own value chain or its associated communities. Unlike carbon offsetting, which involves compensating for emissions through external projects, insetting integrates sustainability initiatives directly into a company’s supply chain or operations, creating both environmental and business benefits. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/iso-14001/ - Tags: English - Services: CSRD and reporting, Ecovadis An internationally recognised standard for environmental management systems (EMS), developed by the International Organisation for Standardisation (ISO). ISO 14001 provides a structured framework for organisations to manage and improve their environmental performance, ensure compliance with legal and regulatory requirements and enhance sustainability practices. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/international-sustainability-standards-board-issb/ - Tags: English - Services: CSRD and reporting, Sustainability strategy An independent organisation established at COP26 to develop global sustainability disclosure standards, ensuring consistency and comparability in corporate reporting. The ISSB’s primary objective is to create a unified global baseline for sustainability-related financial disclosures, helping investors and stakeholders assess climate- and ESG-related risks and opportunities.   --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/just-transition/ - Tags: English - Services: Sustainability strategy, Sustainability training A framework for ensuring a fair, inclusive and equitable shift towards a sustainable, low-carbon economy. Companies or organisations adopting a just transition approach prioritise balancing environmental goals with social and economic equity by:  Conducting a risk assessment to evaluate potential impacts on affected stakeholders, including employees, value chain partners and local communities. Engaging stakeholders to gather input, address concerns and promote inclusive decision-making. Implementing measures to prevent or mitigate adverse social and economic effects of the transition. A just transition seeks to protect workers and communities by ensuring access to fair wages, reskilling opportunities and social protections as industries and economies evolve.   --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/life-cycle-assessment-lca/ - Tags: English - Services: Net zero and decarbonisation, Product sustainability A systematic method for evaluating the environmental impact of a product or service across all stages of its life cycle – from raw material extraction and production to distribution, use and disposal. LCA helps identify areas where environmental impacts can be minimised, supporting more sustainable design, manufacturing and consumption practices. It is commonly used to assess a product’s carbon footprint, water usage and overall environmental performance, both informing corporate sustainability strategies and facilitating regulatory compliance. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/material-topics/ - Tags: English - Services: CSRD and reporting Key issues that have a significant impact on an organisation’s financial performance, operations or stakeholder relationships, particularly in the context of sustainability. Material topics often encompass environmental, social and governance (ESG) factors that influence business strategy and long-term viability. Identifying and reporting on material topics enables organisations to address critical risks and opportunities while aligning with stakeholder expectations and regulatory requirements. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/mitigation-measures/ - Tags: English - Services: Climate risk and CDP reporting, Net zero and decarbonisation Actions taken to reduce or prevent the negative environmental impact of an activity, project or business operation. These measures aim to limit greenhouse gas (GHG) emissions, reduce resource consumption and protect ecosystems. Examples include improving energy efficiency, transitioning to renewable energy, minimising waste, adopting sustainable land use practices and enhancing carbon sequestration efforts. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/natural-capital/ - Tags: English - Services: Climate risk and CDP reporting The stock of natural resources and ecosystems that provide essential goods and services to businesses, economies and societies. Natural capital includes assets such as air, water, soil, minerals, biodiversity and ecosystems, which support key functions like climate regulation, water purification, pollination and carbon sequestration. Managing natural capital sustainably is crucial for long-term environmental and economic stability. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/net-zero/ - Tags: English - Services: Net zero and decarbonisation A state in which the amount of greenhouse gases (GHGs) emitted into the atmosphere is balanced by an equivalent amount of GHGs removed, resulting in no net increase in atmospheric emissions. Achieving net zero means that the total concentration of GHGs remains stable over time. Net zero targets are typically set by companies, countries, industries and regions to guide their emissions reduction efforts. These strategies generally focus on reducing emissions as much as possible through energy efficiency, renewable energy adoption and sustainable practices, while offsetting any remaining emissions through carbon removal solutions such as reforestation, carbon capture technologies or other forms of carbon sequestration. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/non-financial-reporting-directive-nfrd/ - Tags: English - Services: CSRD and reporting An EU legislative framework that requires large ‘public-interest entities’ (large listed companies, insurance companies and banks) with more than 500 employees to disclose non-financial information on their environmental impact, social and employee matters, human rights and anti-corruption efforts. The NFRD aims to enhance transparency and accountability in corporate sustainability reporting. It is being replaced by the Corporate Sustainability Reporting Directive (CSRD), which introduces more detailed and standardised disclosure requirements, including a broader scope and stricter reporting obligations. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/offset-offsetting/ - Tags: English - Services: Net zero and decarbonisation The process by which a company, organisation, or individual compensates for their greenhouse gas (GHG) emissions by funding projects that reduce or remove an equivalent amount of carbon dioxide (CO₂) or other GHGs from the atmosphere. Offsetting is typically considered a necessary component of net zero strategies, especially for emissions that are challenging to eliminate directly. However, the effectiveness of offsetting is contingent upon the quality and credibility of the projects involved. Low-quality or poorly verified offset projects can contribute to greenwashing, where the actual volume of GHG reduction or removal is misrepresented or inaccurately quantified. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/offshoring/ - Tags: English - Services: Net zero and decarbonisation, Sustainability strategy The practice of relocating business activities or outsourcing operations to another country, often to reduce costs or meet strategic objectives. In an environmental context, offshoring may occur for reasons such as:  Reducing a company’s reported emissions by shifting production abroad.   Avoiding stricter environmental regulations in the original country by relocating to a country with more lenient laws.   Taking advantage of lower labour costs.   Exploiting weaker labour protections and rights in the destination country.   Engaging in environmentally or socially harmful practices that would be illegal in the original country.   Hindering progress towards a just transition, the UN Sustainable Development Goals (SDGs), or broader social and ecological objectives.   While offshoring may lower direct emissions in the home country, it can lead to carbon leakage, where emissions are transferred to another location rather than eliminated, potentially undermining global climate objectives. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/paris-agreement/ - Tags: English - Services: Climate risk and CDP reporting, Net zero and decarbonisation An international climate treaty adopted in 2015, committing participating countries to limit global warming to well below 2°C above pre-industrial levels, with efforts to limit the increase to 1. 5°C. Under the agreement, countries are required to set, periodically update and meet emissions reduction targets through Nationally Determined Contributions (NDCs) to collectively mitigate climate change. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/product-sustainability/ - Tags: English - Services: Product sustainability The environmental, social and economic impacts of a product throughout its entire lifecycle – from raw material extraction to production, use and end-of-life disposal. Product sustainability aims to minimise negative environmental effects, such as emissions, waste and resource depletion, while ensuring social equity and economic viability in the product’s production and use.   Learn more about product sustainability here. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/residual-emissions/ - Tags: English - Services: Net zero and decarbonisation Greenhouse gas (GHG) emissions that remain after an entity has taken all reasonable steps to reduce its emissions across its operations and value chain. These emissions represent the portion that cannot currently be eliminated through existing mitigation measures, technologies or feasible practices. Residual emissions are typically addressed by offsetting or other forms of carbon removal. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/sustainability-accounting-standards-board-sasb/ - Tags: English - Services: Sustainability strategy An organisation that develops industry-specific standards to guide businesses in disclosing material environmental, social and governance (ESG) information to investors. SASB’s standards focus on identifying sustainability factors that are financially material to a company’s long-term value, including aspects such as climate risk, resource management and governance practices. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/science-based-targets-initiative-sbti/ - Tags: English - Services: Net zero and decarbonisation A global initiative that helps companies establish greenhouse gas (GHG) reduction targets aligned with the latest climate science and the goals set out in the Paris Agreement. The SBTi offers both general and industry-specific guidance to enable companies to set and achieve science-based targets, thereby contributing to global efforts to limit global warming. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/scope-1-2-and-3-emissions/ - Tags: English - Services: Net zero and decarbonisation Scope 1 emissions: Direct greenhouse gas emissions from sources owned or controlled by an entity, including emissions from fuel combustion, chemical production processes, refrigerant leaks and company-owned vehicles. Scope 2 emissions: Indirect emissions from the generation of electricity, steam, heat, or cooling consumed by an entity. While the emissions occur at the facility where the energy is generated, the responsibility for these emissions lies with the entity consuming the energy.   Scope 3 emissions: Indirect emissions that occur across the entire value chain of an entity, excluding Scope 2 emissions. These include emissions from business travel, procurement, waste management, water usage and other activities not directly controlled by the company, but integral to its operations and products.   --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/the-sustainable-finance-disclosure-regulation-sfdr/ - Tags: English - Services: CSRD and reporting, Sustainability strategy An EU regulation requiring financial market participants and financial advisors to disclose sustainability-related information. It mandates transparency on how environmental, social and governance (ESG) factors are integrated into investment decisions and strategies, and the potential adverse impacts of those investments. The SFDR aims to enhance the transparency of sustainable investment products and promote investment in sustainable activities, fostering long-term sustainable economic growth. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/spend-based-vs-activity-based-emissions/ - Tags: English - Services: Net zero and decarbonisation Spend-based emissions: A method of estimating emissions by using the monetary amount spent on goods and services, applying average emission factors for specific sectors or products purchased. This approach is often used when detailed data on specific activities is unavailable, but it may be less precise than activity-based calculations.   Activity-based emissions: A method of calculating emissions based on specific activities or operational metrics, such as energy consumption, transportation or the number of products manufactured. This approach provides more accurate emissions estimates by directly linking emissions to the activities that cause them.   --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/strategic-gap-analysis/ - Tags: English - Services: Sustainability strategy A process used by organisations to identify and assess the gap between their current environmental performance and the target performance required to meet sustainability goals, regulatory standards, or industry best practices. This analysis helps pinpoint areas where improvements are needed, guiding the development of actionable strategies to close the gap and achieve the desired sustainability outcomes.   Learn more about conducting a strategic gap analysis here. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/supplier-code-of-conduct/ - Tags: English - Services: Net zero and decarbonisation, Product sustainability A set of ethical, social and environmental standards established by a company or organisation for its suppliers to follow. It typically covers areas such as labour rights, fair business practices and environmental sustainability, ensuring suppliers align with the company’s values and meet specific sustainability goals. The code may include expectations around working conditions, human rights, waste management and emissions reduction. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/supply-chain-emissions-also-known-as-upstream-emissions/ - Tags: English - Services: Net zero and decarbonisation Emissions that occur at any stage in a company’s upstream supply chain, including those from raw material extraction, processing and transportation. These emissions fall under Scope 3 emissions and are a significant source of indirect emissions for companies. Reducing supply chain emissions requires collaboration with suppliers and the adoption of sustainable procurement practices. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/supply-chain-transparency/ - Tags: English - Services: Net zero and decarbonisation, Product sustainability, Sustainability strategy The extent to which a company has oversight of its supply chain, including understanding the environmental, social and economic impacts of its operations. Achieving transparency enables a company to manage risks, ensure compliance with sustainability standards and effectively work towards environmental and sustainability targets by holding suppliers accountable for their practices. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/sustainability-maturity/ - Tags: English - Services: Sustainability strategy, Sustainability training The level of progress an organisation has made in embedding sustainability principles into its strategy, operations and decision-making processes. Sustainability maturity is typically assessed through frameworks that measure an organisation’s governance, performance, commitments and impact across environmental, social and economic dimensions. Companies with high sustainability maturity demonstrate strong integration of sustainability into their corporate culture, supply chains and business models, aligning with global standards and best practices. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/sustainability-management/ - Tags: English - Services: Ecovadis, Sustainability strategy The process of integrating environmental, social and governance (ESG) factors into an organisation’s strategy, operations and decision-making processes to reduce negative impacts, promote long-term sustainability and create value for all stakeholders. This approach involves monitoring, assessing and improving a company’s sustainability performance across its entire value chain. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/sustainability-risks/ - Tags: English - Services: Climate risk and CDP reporting, Sustainability strategy Environmental, social or governance (ESG) events or conditions that may pose material financial or operational risks to a company, or impact its ability to create long-term value. These risks can arise from climate change, regulatory changes, social responsibility issues or governance failures. --- - Published: 2025-04-04 - Modified: 2025-04-07 - URL: https://nexioprojects.com/glossary/sustainability-strategy/ - Tags: English - Services: Sustainability strategy A long-term, integrated plan that aligns an organisation’s operations, decision-making and business objectives with environmental, social and governance (ESG) considerations. A sustainability strategy aims to reduce negative impacts, enhance resilience and create long-term economic, social and environmental value. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/sustainable-development-goals-sdgs/ - Tags: English - Services: Sustainability strategy A set of 17 global objectives adopted by the United Nations in 2015 as a framework for achieving sustainable economic, social and environmental development by 2030. The SDGs address issues such as poverty, inequality, climate action and responsible consumption. Goal 13 specifically calls for urgent action to combat climate change by reducing emissions and promoting renewable energy. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/sustainable-procurement-policy/ - Tags: English - Services: Ecovadis A framework of principles and commitments guiding an organisation’s sourcing of goods and services to minimise environmental impact, uphold social responsibility and promote ethical supply chain practices. This policy typically considers factors such as carbon footprint, resource efficiency, fair labour practices and circular economy principles. --- - Published: 2025-04-04 - Modified: 2025-04-04 - URL: https://nexioprojects.com/glossary/target-boundaries/ - Tags: English - Services: Net zero and decarbonisation The parameters a company defines when setting emissions reduction or net zero targets. These include the approach for establishing organisational boundaries (e. g. operational or financial control), the percentage of Scope 1, 2 and 3 emissions covered and the inclusion of all relevant greenhouse gases. --- --- ## Videos - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/nexio-projects-x-cirfood-client-stories/ Watch CIRFOOD Nederland general Manager Stefano Teatini talk about their collaboration with Nexio Projects. The longterm partnership focuses on their journey of reaching EcoVadis platinum certification, scope 1,2 and 3 emission counting, sustainability communication for UN Goal Compact and more. --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/nexio-projects-x-pf-concept-client-stories/ PF Concept VP of Sustainable Development, Anne Karine Lemstra talks about their collaboration with Nexio Projects on setting their sustainability priorities with GRI-aligned reporting, conducting DMA, and attaining Platinum status in their latest EcoVadis assessment. --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/nexio-projects-x-found-client-stories/ Managing Partner at Found, Allard van Heusden talks about their collaboration with Nexio Projects on becoming the lead retail agency for sustainable solutions. Their journey included conducting Gap Analysis, setting their sustainability strategy, the ongoing process in becoming a B-Corp certified, Carbon Footprint Assessment and more. --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/nexio-projects-x-i-team-global-client-success-stories/ Ron van de Ven, Global ESG Ambassador of i-team Global discusses how partnering with Nexio Projects helps them integrate sustainability into their business through EcoVadis support,GHG inventory, scope emission calculations and reporting initiatives. . --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/nexio-projects-x-xd-connects-client-stories/ XD Connects ESG Director, Joy Puor dives into their venture with Nexio Projects on measuring their sustainability impact through data collection, SBTi target submission, Gap Analysis, GHG reports and more. --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/climate-series-4-climate-risk-mapping/ What kind of risks does climate change pose to your business? From financial losses to supply chain disruptions, climate-related impacts are growing—and ignoring them could come at a cost. In this episode, we explore: What is climate risk and how can it impact operations, finances, and product demand? Why do organisations need to conduct a Climate Risk Assessment? What are the steps involved in mapping climate risks? How does this help meet reporting obligations (CSRD, TCFD) and improve stakeholder confidence? What benefits does it offer to supply chain stability and future-proofing the business? We wrap up the series with a call to action: Climate risk mapping isn’t just a best practice—it’s essential. Thanks for joining us. If you’ve followed along, you now have a stronger grasp on building a climate strategy, tackling Scope 3 emissions, and preparing your organisation for what’s ahead. Now is the time to take the first step of action. Explore how we can help with climate risk strategies. Need further support? Contact us and start your climate journey now! --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/climate-series-3-mandatory-vs-voluntary-reporting-of-scope-3/ In this episode, we explore how global climate policy—starting with the Paris Agreement and Europe’s Fit for 55 package—has shaped today’s reporting landscape. We explain the key differences between mandatory and voluntary disclosure frameworks, and how each supports both national climate goals and company-level transparency. You’ll learn: What are the objectives of frameworks like CSRD, CBAM, TCFD (mandatory) vs CDP, EcoVadis (voluntary)? What is reactive reporting and when does it apply? How do reporting tools influence supplier engagement, customer requirements, and climate strategy development? We also address ongoing challenges such as data harmonisation, inconsistent SME definitions, and outdated emission factors. And we make the case for using climate data not just to report—but to inform business strategy, manage risk, and build resilience. Curious to find out more about climate disclosure? Check out our newest ESG reporting guide, as well as how Nexio Projects can help integrate this into your climate strategy. --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/climate-series-2-the-rise-of-scope-3-disclosure-and-reporting/ In this second episode, we dive into one of the most complex yet crucial parts of your climate strategy—Scope 3 emissions. Following our introduction to climate strategy in Episode 1, this session explores the rising importance of Scope 3 disclosure and how understanding your indirect emissions can unlock real value beyond compliance. We’re joined by our expert, Cesar, who breaks down what Scope 1, 2, and especially Scope 3 emissions really mean for your organisation. We’ll tackle key questions like: What are Scope 3 emissions, and why are they so challenging? What benefits are there beyond just knowing my emissions? How do I cover data gaps or non-tangible assets? Why am I also part of someone else’s Scope 3? What systems and processes can improve my data accuracy? From procurement data to supplier engagement, we show how Scope 3 insights can strengthen your decarbonisation roadmap—and why accurate reporting now will make future disclosures easier and more meaningful. Curious about how to tackle Scope 3 emissions? Our tailored guide gives tangible tips on your decarbonisation journey and tackling the complexity of Scope 3 emissions. --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/climate-series-1-how-to-navigate-your-climate-strategy/ In this opening episode, we explore how to build a credible climate strategy that goes beyond compliance and drives real impact. You'll learn about the essential components—from strategic gap analysis and climate risk assessments to GHG emissions inventories and peer benchmarking using tools like EcoVadis and CDP. We also cover how to integrate these insights into your organisation’s strategy, engage your supply chain effectively, and overcome common challenges such as limited leadership buy-in and data quality issues. This episode sets the stage for the next three, where we’ll dive deeper into Scope 3 reporting, disclosure frameworks like CSRD and CDP, and how to map climate risks. Interested in more details about climate strategy? See how we can help in your climate strategy. --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/ecovadis-series-4-the-journey-towards-platinum/ In the final episode of our series, we focus on what comes after your EcoVadis assessment—improvement. Once you’ve received your score, the next step is to act on the feedback and elevate your sustainability management. We explore how to make targeted improvements based on your scorecard, the value of centralised and structured documentation, and the importance of cross-departmental engagement. We also highlight how strong sustainability reporting can improve your EcoVadis rating and support your long-term ESG goals. Whether you're aiming to retain your EcoVadis certification, improve your standing, or progress towards EcoVadis Platinum, this episode provides practical steps to help embed sustainability deeper into your business strategy. Additionally, you can download our EcoVadis guide to keep up the latest changes. Need more support? Contact us today for a free consultation! --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/ecovadis-series-3-aligning-your-sustainability-management-system-with-ecovadis/ In the third episode of our EcoVadis series, we focus on how to align your sustainability management system with the EcoVadis methodology. While the previous episodes introduced what EcoVadis is and how the EcoVadis assessment works, this instalment explains how to perform well—by structuring your policies, actions, and reporting in line with EcoVadis expectations. As a documentation-based assessment, your EcoVadis score depends on how well you demonstrate your company’s sustainability efforts. We break down what strong documentation looks like and how to be strategic with your submissions. Whether you're aiming for your first EcoVadis rating or working towards an EcoVadis platinum medal, this episode helps you build a more impactful and credible sustainability approach. Stay tuned as we help you turn your sustainability efforts into measurable, reportable results. Read more about how EcoVadis fits into your sustainability management in our new guide. Discover our sustainability blog for further EcoVadis and sustainability topics. --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/ecovadis-series-2-the-ecovadis-assessment-explained/ In this second episode of our EcoVadis series, we take a closer look at how the EcoVadis Assessment works in practice. From registering your organisation to submitting the final questionnaire, we guide you through each step of the process. You’ll learn how EcoVadis tailors the assessment to your company, how to prepare supporting documentation, and how your responses contribute to your final EcoVadis score. We also discuss the structure of the EcoVadis rating — covering the four key sustainability pillars — and share practical tips on how to improve your performance. This episode will help you better understand the assessment process and take confident steps towards strengthening your sustainability performance. For further support, download our latest Ecovadis guide! --- - Published: 2025-06-23 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/ecovadis-series-1-introduction-to-ecovadis/ Curious about EcoVadis and how it can support your business? This video introduces the fundamentals of the EcoVadis assessment—now the world’s largest ESG rating system. Whether you’re a procurement or sustainability manager, or simply looking to enhance your company’s responsible practices, this series will guide you through what the EcoVadis rating involves, how the score is calculated, and how your business can work towards achieving EcoVadis platinum certification. Discover how an EcoVadis certification can help you benchmark performance, meet customer expectations, reduce risk, and gain a competitive edge in your industry! See how we can help, by checking out our EcoVadis service page, and our latest Ecovadis guide with 2025 methodology updates and more. --- - Published: 2025-06-18 - Modified: 2025-06-24 - URL: https://nexioprojects.com/video/nexio-projects-x-lc-packaging-client-stories/ Watch LC Packaging head of sustainability Lotte Mastwijk explain their collaboration with Nexio Projects on their efforts in waste reduction. The partnership focused on numerous services such as successfully completing EcoVadis assessment, sustainability target setting, double materiality assessment and more. --- ---