News
Interoperability ESRS, IFRS and GRI for reporting on GHG emissions
19-04-2024
In this article we highlight similarities and differences between GRI, IFRS and ESRS to support you in identifying potential gaps in your GHG emissions accounting.
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ESG accounting: a balanced consideration between finance and sustainability
04-04-2024
In this article we will look at how technology and tooling can help drive sustainability and compliance in the business world by talking to Kees Kerstens, co-founder of Salacia Solutions – a Rotterdam-based company that is at the forefront of providing ESG (Environmental, Social, and Governance) software as a service (SaaS).
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The provisional agreement on CSDDD – what does it include?
29-02-2024
After a four year long process, EU member states did not agree to approve the provisional agreement on the Corporate Sustainability Due Diligence Directive (CSDDD) after objections from countries including Germany and Italy. In this blog, we will get you up to date.
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New EU climate target – a 90% reduction of GHG emissions by 2040
20-02-2024
At the beginning of February 2024, the European Commission published its recommendation for a 2040 target, setting it to a 90% reduction compared to 1990 emission levels. Legislation of how to translate the target into practice is expected when the next European Commission will take office at the end of 2024.
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The Evolution of the B Corp Standard: the Future of Sustainable Business
30-01-2024
As a sustainability consultancy and B Leader, we are keenly observing the evolving B Corp certification standards. In 2022, B Lab initiated a review of its performance requirements and launched a preliminary consultation, gathering insights from over 1,000 stakeholders on potential enhancements. This January (2024), B Lab introduced the second consultation phase with an updated draft of the standards. We are excited to explore this iteration, which seeks to substantially advance inclusivity, equity, and sustainability in business practices.
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New in Store: Sustainability Reporting Frameworks – the Alphabet Soup
20-12-2023
The CSRD is the biggest change in the reporting landscape. However, the CSRD is not a separate framework disconnected from other laws and policies. As most companies have already experienced, or will in the near future, there are more reporting frameworks like the CSRD to follow. In fact, the CSRD references, i.e., the EU Taxonomy several times and is interlinked with the GRI accounting standards. This blog is designed to make your organization aware of the ever-evolving alphabet soup of sustainability reporting.
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Creating a ripple effect: leveraging CSRD to drive change
20-12-2023
Today, we are having a conversation with Hanneke Wisman, the Director of Finance, Risk and Control of Dura Vermeer. Dura Vermeer is a Dutch construction company that was founded in 1855. 2Impact has collaborated with Dura Vermeer on their integrated reporting for several years and is also supporting in its journey to seek Science-based targets initiative (SBTi) validation for the net-zero ambition. The introduction of the Corporate Sustainability Reporting Directive has impacted Dura Vermeer's approach to reporting. Curious to know how? Read the interview below!
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Taking steps to a Just Transition: Naspers-Prosus insights from the COP28
20-12-2023
The 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change took place from the 30th of November to the 12th of December. This event presented an opportunity to address the interwoven challenges of climate change and public health. We engaged in a conversation with Gerald Naber, Senior Sustainability Business Partner at Naspers and Prosus Group to explore their insights and experiences related to COP28.
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How to report in compliance with both GRI and ESRS?
19-12-2023
What do the Global Reporting Initiative (GRI) and the European Sustainability Reporting Standards (ESRS) have in common? Quite a lot. However, there are also some important differences. Let's say you want to report according to both GRI and CSRD. How can you do this in the most efficient way? We will tell you all about it in this blog.
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Insights from the Corporate Human Rights Benchmark
12-12-2023
The Corporate Human Rights Benchmark by the World Benchmarking Alliance researches the successes of companies in designing and implementing Corporate Human Rights Policies. The results of the Benchmark clearly show that companies should use their economic power to support & mitigate the risks faced by impacted workers & communities.
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CSRD in practice: working with the ESRS datapoints
08-12-2023
The European Sustainability Reporting Standards (ESRS) accompanying the Corporate Sustainability Reporting Directive (CSRD) consists of 245 pages, two general and ten topical reporting standards and 1231 datapoints. How are you supposed to actually work with all this information and these requirements in practice?
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Net Zero vs. Carbon Neutral: the significance of sustainability claims
04-10-2023
As the world grapples with the urgent need to combat climate change, terms like "net zero" and "carbon neutral" have become buzzwords in corporate boardrooms, political discussions, and environmental initiatives. While these terms may seem interchangeable, they have distinct meanings and implications that are crucial for understanding the efforts to mitigate climate change.
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This is what you need to know about the TNFD
20-09-2023
Let’s not wait with Nature until we solved Climate: TNFD is ready for use. The final version of the TNFD Recommendations were launched on the 18th of September with the aim to help organisations to report and act on emerging nature-related issues, such as biodiversity loss. As the latest scientific research shows that we have crossed six of nine planetary boundaries, it is time that we start acting upon it.
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Expert blog: Double Materiality implementation insights
30-08-2023
Last week, the EFRAG Sustainability Reporting Board convened to discuss, among others, the draft double materiality implementation guidance. While the draft is deemed an important document to help companies operationalise double materiality assessment (DMA), there is a call to further simplify the document and improve readability. In this blog, we share our insights from the implementation guidance (and simplify text) to make your DMA more practical. We go a step beyond to share our practical experience on the topic.
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CSDDD changes the way companies implement Due Diligence
08-08-2023
The CSDDD aims to foster sustainable and responsible corporate behavior in companies' activities and governance structures. It is a legislative structure in Europe, which introduces requirements for companies to identify, prevent, mitigate and address actual and potential impacts of their business activities on the environment and human rights. This blog covers all the basics of the CSDDD you need to know.
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European Commission adopts the delegated act on first set of ESRS
02-08-2023
On 31st July 2023, European Commission adopted the Delegated Act on the first set of European Sustainability Reporting Standards (ESRS).
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Draft Delegated Act to alleviate CSRD reporting requirements
10-06-2023
On June 9, the European Commission has published the draft Delegated Act with the first set of sector agnostic ESRS for consultation. The documents can be found here: European sustainability reporting standards – first set (europa.eu)
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From Awareness to Action: European Parliament Approves CSDDD
09-06-2023
On June 1st, the European Parliament approved the Corporate Sustainability Due Diligence Directive.
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"Beyond Compliance: Integrating Double Materiality into your strategy"
04-04-2023
In-depth interview on double materiality with 2Impact's Managing Director Nishant Parekh, specialized in sustainability reporting, circularity and double materiality.
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First set of standards submitted for final approval to the EU commission
21-02-2023
First set of standards submitted for final approval to the European Commission.
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First set of standards submitted for final EC approval
05-01-2023
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