EU and global regulations on mandatory sustainability reporting (CSRD/ESRS, ISSB, SEC) particularly for SMEs (LSME and VSME)
At Sustainability Economics, we support businesses on their Sustainability journey, with a particular focus on sustainability reporting and natural capital assessments.
At Sustainability Economics, we support businesses on their Sustainability journey, with a particular focus on sustainability reporting and natural capital assessments. We advance awareness of sustainability for businesses who must evolve in relation to climate, nature, people, and supply chain.
Sustainability covers a broad set of topics important for supply chain risk management, governance, and strategy. They include risks and opportunities associated with climate and nature, greenhouse gas emissions, stakeholder relations, business ethics, and human rights, among others. Financial materiality, the effect of these topics on the financial outlook of a firm, is relevant to business management and governance. Beyond financial materiality, the impacts of business operation on people and the planet directly and indirectly affect a business's relationship with a broad set of internal and external stakeholders who increasingly expect businesses to interact responsibly with the environment and the stakeholders.
Sustainability is becoming an urgent and important topic that small businesses increasingly prioritise. Whether sustainability impacts are seen as risks, opportunities, or both depends on the nature of the business sector and activities. With the implementation of disclosure regulations and the release of transparency standards, sustainability-related assessments affect small businesses across value chains, sectors and geographies.