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Double Materiality in CSRD: A technical concept explained understandably

Corporate social responsibility is about managing risks and being accountable for them. The double materiality offers you an important tool in acting accordingly. In doing so, it underpins corporate sustainability reporting, as required by the Corporate Sustainability Reporting Directive (CSRD). For many businesses, the technicality of the term only speaks to the imagination. This blog…

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From crisis to perfect storm: The resilience of SMEs

There is a lot coming at entrepreneurs lately. It seems like crises are everywhere. While (energy) prices are skyrocketing, SMEs are expected to become more sustainable. Read in this blog how you, as an entrepreneur, can kill two birds with one stone by investing in a sustainable future and how. Financially hard times for entrepreneurs…

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The (Un)Sustainability of Carbon Offsetting: An Explanation

Introduction Carbon offsetting promises to compensate for negative impacts on the climate, it seems too good to be true. Although such mechanisms are increasingly being attached to products, terms like carbon neutral, carbon offsetting and carbon reduction often only appeal to the imagination. Read all you need to know about carbon offsetting (and its added…

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The Global Reporting Initiative (GRI) explained

ESG and reporting on sustainability are gaining ground, recent annual reports show. For example, ASML mentions ESG 71 times and Philips over 95 times in its annual reporting. Reporting on your company’s environmental, social and governance performance is good. However, the claims must be accurate to avoid greenwashing– unfortunately, a growing problem. The Global Reporting…

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CSRD: When will you have to comply?

In 2021, the European Commission (EC) adopted the Corporate Sustainability Reporting Directive (CSRD), succeeding the Non-Financial Reporting Directive (NFRD) which entered into force in the Netherlands in 2018. The CSRD ensures that an increasing amount of companies will have to start reporting on sustainability and brings sustainability reporting up to speed. What does this mean…

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ESG: Meaning, importance and how to measure?

The ‘ESG trend’ has been going on for a number of years and is starting to get a backlash. For instance, the Economist declared SRI a “broken idea” and the New York Times called it a “scam”. This is because sustainable investing in ESG funds turns out not to be so green; ESG scores are…

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The SDGs: how is your company contributing to them?

This September, the Global Week to #act4SDGs takes places. It is a global mobilization to show world leaders that people all around the world are committed, dedicated, and inspired to take action on the SDGs. This year’s mobilization will focus on the key themes of Climate, Justice and Peace and mark the mid-way point of…

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Here’s how to calculate CO2 emissions of your business

Reducing CO2 emissions goes hand in hand with sustainability and has certainly been a popular topic lately. In addition, each individual and company emits CO2. This is also referred to as a carbon footprint or CO2 footprint. Since companies’ footprints are larger than individuals, this is also a great opportunity to make an impact! This…

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Avoid greenwashing: this is how you can really be a sustainable business

Last week, sports and fashion chains Decathlon and H&M were reprimanded by the Consumer and Market Authority (ACM). This is because both parties were allegedly unclear about sustainability and did not sufficiently substantiate their claims in this regard. Greenwashing, making a company appear greener or more socially responsible than it actually is, is a recurring…

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The benefits of calculating CO2 emissions

The call for a reduction in CO2 emissions is everywhere; the Paris Agreement into effect in 2016, states that all European countries must reduce their emissions by at least 40% by 2040. This agreement was followed by the Dutch equivalent, in which the government, companies and civil society organisations agreed to emit 49% less CO2…

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Is ESG the new GDPR?

GDPR came into force in 2018 in what felt like an overnight change of data protection regulation. The European Commission, however, brought up the need for regulatory changes in data protection (last updated in 1995) as early as 2012 and GDPR was adopted in 2016, leaving companies 2 years to prepare for its enforcement. Yet…

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Simple sustainability tips for the summertime

According to a 2018 WWF study, during the summer, plastic waste increases by 40% due to tourism, the majority of which ends up in the oceans. Even though it is important to recognise our individual responsibility, re-evaluate our routines and build new, more eco-sensitive habits, it’s also essential to bring change on the business level…

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