SUSTAINABILITY ASSESSMENT FOR COMPANIES
Sustainability is becoming increasingly important
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SUSTAINABILITY
ASSESSMENT
WHY SUSTAINABILITY ASSESSMENTS ARE IMPORTANT FOR COMPANIES
The aspect of sustainability is becoming increasingly important and many companies, organisations and institutions are already aware that sustainability will be the key driver of their future direction. But how do you transform a classic business-minded company into a successful sustainable one?
By getting a partner on your side and taking important first steps – such as a corporate sustainability assessment.
WHAT IS THE TERRA INSTITUTE?
The aim is to support them in transforming their previously purely economically driven actions into sustainable yet successful ones.
THE COMPANIES
WHO HAVE CHOSEN US
SUSTAINABILITY ASSESSMENT AS A KEY COMPONENT FOR SHAPING A RESPONSIBLE FUTURE
Sustainability assessment is an evaluation of the social, environmental and economic impacts of a particular activity, product, project, business or policy.
The sustainability assessment identifies potential negative impacts and, as a consequence, proposes measures to either minimise or avoid them altogether, while maximising positive impacts.
Companies and organisations can be supported in this process in several ways:
- In data collection and analysis: environmental, social and economic sustainability data are analysed and collected, and optimisation opportunities are identified from these.
- In the development of strategies: Strategies are developed which, on the one hand, are in line with the individual company goals and, on the other hand, address the important sustainability issues.
- In implementation: Once the appropriate sustainability strategies and initiatives have been developed, companies and organisations can be supported in their implementation.
- In communication: The newly acquired knowledge and the progress made should be communicated transparently, both internally and externally.
HOW DO CLIENTS BENEFIT FROM TERRA’S SUSTAINABILITY ASSESSMENT?
Companies and organisations can benefit in several ways from a sustainability assessment by our experts. For example, the advice helps to:
- Improved operational efficiency: a sustainability assessment identifies areas and themes that have enormous potential for improvement. For example, the sustainability assessment helps companies to reduce waste, energy demand and other resource consumption. This not only makes the company more sustainable, but also improves operational efficiency in the long run and leads to cost savings.
- An increase in innovation: The sustainability assessment reveals opportunities to improve a company’s sustainability performance. These can be driven through innovation. This results in new products, services and processes that improve the company’s competitiveness.
- Risk reduction: When a company’s sustainability is scrutinised, potential environmental, social and economic risks also become visible. Recognising and subsequently minimising these risks contributes significantly to the company’s success.
- Compliance with legal requirements: There are numerous legal environmental and social regulations that a company and an organisation must comply with, such as the CSRD (Corporate Social Responsibility Directive) or the EU taxonomy. A sustainability assessment helps to guarantee these and thus avoid the threat of fines for non-compliance.
- An improved external image: Many customers, potential new employees, investors and other stakeholders are specifically looking for sustainable companies. By focusing on sustainability issues, a company can therefore not only improve its reputation, but also increase its attractiveness.
Contacts
Do you have any questions or would you like our support on your way to becoming a sustainable company?
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office@terra-institute.eu
Tel. +39 0472 970 484.
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