In an era where corporate sustainability is no longer a choice but a necessity, it is crucial to secure top-level buy-in from executives and directors. This pivotal step ensures that sustainability is not just a fleeting topic, but a permanent fixture in corporate agendas. Understanding the significance of this, a comprehensive guide has been developed to assist sustainability professionals in navigating this challenge.
Position Green, a technology provider helping companies through all stages of their sustainability journey, has recently released a guide on how sustainability professionals can get executives and directors on board to boost sustainability performance.
The Importance of Management and Board Engagement in Corporate Sustainability
The foundation of successful corporate sustainability lies in the hands of a management team and board of directors who fully grasp the importance of integrating sustainability into the core business strategy. By presenting data-driven sustainability as a tool to mitigate risks, comply with regulations, and gain a competitive edge, professionals can garner the essential support from these top-tier stakeholders.
The Rising Need for Data-Driven Sustainability in Light of New Regulations
Recent regulatory developments, such as the EU’s Corporate Sustainability Reporting Directive (CSRD) and the SEC’s proposed climate disclosure rule, underscore the need for companies to align their sustainability data with financial reporting standards. As these new rules start to apply to a broad range of EU companies between 2024 and 2029, preparing for high-quality, traceable, and auditable sustainability data becomes imperative.
Communicating the Urgency to Management and Board
The question then arises: how can sustainability professionals effectively communicate this urgency to their management team and board? The guide provides six key arguments to facilitate this dialogue, ensuring that sustainability is not just an item on the agenda, but a core part of the business model, impacting all stakeholders positively.
Read the full guide here.
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