Sustainability Reporting: PRAXI’s Strategic Support
Sustainability Reporting: PRAXI’s Strategic Support
The need to bring Sustainability into organizations
The increasingly social and environmentally responsible business environment requires companies to adopt a broader perspective that does not only consider the financial aspects of their business.
Companies that neglect ESG are likely to find themselves at a disadvantage, as stakeholders, consumers, banks, and investors reward companies that espouse sustainable principles.
How do we talk about sustainability in companies? The most powerful and functional tool is the Sustainability Report.
With GO GREEN, PRAXI’s expertise in ESG consulting joins Banca Popolare di Fondi’s financial support to guide Italian companies along this path.
The Sustainability Report is a corporate report that measures and communicates an organization’s economic, social and environmental performance over time.
It provides a comprehensive overview of a company’s activities and impacts beyond just financial results, highlighting efforts and progress toward sustainability goals.
It focuses on three main dimensions:
Economic: includes traditional financial indicators, but also extends to consider long-term value creation, financial resource management and financial transparency.
Social: covers the company’s social impacts, including those related to employees, customers, local communities and stakeholders. It includes aspects such as corporate social responsibility, diversity and inclusion, and worker health and safety.
Environmental: assesses the company’s impact on the environment, covering issues such as greenhouse gas emissions, sustainable use of natural resources, waste management, and adoption of environmentally sustainable practices.
The goal of a Sustainability Report is to provide a balanced and comprehensive picture of corporate performance, demonstrating the organization’s commitment to sustainability and facilitating transparency and accountability.
Legislative Obligations: Scope and Implementation Timeline
The importance of preparing a Sustainability Report is also established by legislation, in accordance with EU Directive 2022/2464:
Funding for Sustainability Reporting
We help companies identify and take advantage of possible funding opportunities to support projects aimed at ecological transition, and we guide clients throughout the entire process, from initial presentation and project implementation to monitoring and reporting.
