Shaping the future with responsibility
ESG Consulting
The abbreviation ESG stands for ‘Environmental, Social, Governance’ and encompasses the basis for responsible business practices that consider not only economic aspects, but also environmental protection, social behavior and good corporate governance. Alongside the economic success of the company, the reduction of the environmental impact caused – particularly in the form of emissions and resource consumption – is an important aspect. In the area of social responsibility, emphasis is placed on working conditions within the company and in the value chain, and on responsibility towards society. Transparency and ethical behavior in corporate management are at the forefront of governance.
Why is ESG relevant for companies?
Sustainability has become a key issue in the global economy and society, confronting companies with new challenges but also offering a wide range of opportunities. Regulation within the EU is becoming increasingly ambitious and requires the disclosure of ESG criteria. Investors are also being encouraged to invest more in ESG-compliant companies. At the same time, customer demand is growing for products that comply with ESG standards and thus support the environment, social justice and good corporate governance.
How do we implement ESG in companies?
In this dynamic environment, we support companies on their path to sustainable transformation. We support the development and implementation of a comprehensive ESG strategy and rely heavily on innovative technologies to facilitate and accelerate change. In addition, we focus on key topics to drive the sustainable transformation: Decarbonisation and life cycle assessment, social supply chains and circular economy are just some of the areas where we bring our expertise and enable companies to grow sustainably while creating a positive impact on the environment and society.
ESG Strategy and Transformation
By developing a holistic ESG strategy and deriving a roadmap for implementation, companies can integrate sustainability into every area of their business model. The ESG strategy includes the short and long-term sustainability goals and the development of the organisational structures and processes to achieve them. This step is particularly relevant for companies, as a solid ESG strategy not only ensures compliance with regulatory requirements, but also strengthens risk management and can lead to better performance on the market by increasing stakeholder confidence.
ESG Reporting
Transparent reporting on a company’s ESG activities is a prerequisite for compliance with many existing regulatory requirements and can also strengthen the trust of investors, customers and the public. The introduction of efficient and audit-proof reporting procedures and tools within the company is particularly relevant in order to implement the existing reporting and regulatory requirements (CSRD and EU taxonomy).
Decarbonisation and environmental protection
Decarbonisation plays a major role in companies as part of ESG since clear targets up to climate neutrality by 2050 have been defined in Europe. This means that companies also see it as their duty to define a decarbonisation strategy. The first step is to create transparency about greenhouse gas emissions within the company and along the value chain by calculating the carbon footprint as comprehensively and automatically as possible. By analysing the results and hotspots in detail, reduction measures can be derived and corresponding reduction targets defined. As requirements increase, the focus is not only on greenhouse gas emissions, but also on a holistic life cycle analysis that also takes into account environmental impacts such as water use and resource consumption.
Sustainable Supply Chain
The assessment of ESG criteria is not limited to the company itself but is also applied along the entire value chain. Increasing regulatory requirements, such as the German Supply Chain Duty of Care Act and the European Corporate Sustainability Due Diligence Directive (CSDDD), necessitate proactive risk management regarding sustainability. The focus of implementation here is on assessing supplier risks along the supply chain and reviewing suppliers in terms of their ESG compliance and performance.
Circular Economy
Greenhouse gas emissions have increased significantly in recent years, as has the consumption of resources, which is due to the linear economic system – produce, use, dispose To solve the resource problem, a change in thinking from a linear to a circular economy is necessary: produce, use, recycle and reuse. This involves removing as few raw materials as possible from the cycle and instead utilising raw materials as fully or as long as possible in the cycle through reuse, repair, refurbishment and recycling. The implementation of a circular economy requires early adaptation within the product design, adjustments to relevant processes within the organisation and often a rethink among the employees themselves.
ESG Data and Technology
A data-supported approach to implementing the ESG strategy and achieving the defined goals is essential to be able to quantify, manage and communicate the ongoing ESG initiatives in the best possible way. In the first step, the existing data situation in the company can be analysed to derive a suitable data strategy for the company. In the second step, the focus is on the agile implementation of the derived optimisation measures and the implementation of a suitable sustainability tool to automate sustainability practices as far as possible.
Your Contacts
Marco Fuhr
Managing Consultant
valantic Supply Chain Excellence
- Decarbonization
- Social Supply Chain
- Twin Transition
Jan Laakmann
Chief Operating Officer
HÖVELER HOLZMANN – a valantic company
- Sustainability strategy & roadmap
- ESG reporting (CSRD)
- Social supply chains (LkSG, EUDR, CBAM)
Dr. Jens Lehnen
Principal
valantic NXT GmbH
- Sustainability strategy & roadmap
- Circular Economy
- Green IT
Sebastian Badaghlou
Partner
valantic Digital Finance
- Digital Finance
- Financial Steering
- Corporate Perfomance Management
- Financial Consolidation