{"id":709,"date":"2023-08-29T10:00:13","date_gmt":"2023-08-29T09:00:13","guid":{"rendered":"https:\/\/cleeritesg.com\/?p=709"},"modified":"2024-01-14T10:50:00","modified_gmt":"2024-01-14T09:50:00","slug":"are-you-ready-to-disclose-details-about-how-your-strategy-and-business-model-relate-to-or-affect-sustainability-matters","status":"publish","type":"post","link":"https:\/\/cleeritesg.com\/index.php\/2023\/08\/29\/are-you-ready-to-disclose-details-about-how-your-strategy-and-business-model-relate-to-or-affect-sustainability-matters\/","title":{"rendered":"Are you ready to disclose details about how your strategy and business model relate to &#8211; or affect &#8211; sustainability matters?"},"content":{"rendered":"<p>ESRS 2, SBM-1 datapoint 40, compulsory for all companies subject to CSRD, require companies to disclose detailed information about the key elements of its general strategy that relate to or affect sustainability matters:<\/p>\n<p>\u27a1 description of significant groups of products and\/or services offered<\/p>\n<p>\u27a1 description of significant markets and\/or customer groups served<\/p>\n<p>\u27a1 where applicable and material, products and services that are banned in certain markets<\/p>\n<p>\u27a1 breakdown of total revenue by significant ESRS sectors<\/p>\n<p>\u27a1 where applicable, a statement indicating, together with the related revenues, that the company is active in the following sectors<\/p>\n<p>\u2714 fossil fuel (coal, oil and gas)<br \/>\n\u2714 chemicals production<br \/>\n\u2714 controversial weapons<br \/>\n\u2714 cultivation and production of tobacco<\/p>\n<p>\u27a1 its sustainability-related goals, including an assessment, in terms of significant groups of products and services, customer categories, geographical areas and relationships with stakeholders<\/p>\n<p>\u27a1 the elements of the company\u2019s strategy that relate to or impact sustainability matters, including the main challenges ahead, critical solutions or projects to be put in place, when relevant for sustainability reporting.<\/p>\n<p>The objective of this Disclosure Requirement is to provide an understanding of the company\u2019s exposure to impacts, risks and opportunities and where they originate.<\/p>\n<p>Disclosure requirement E1-1 also requires the company to disclose its transition plan for climate change mitigation, to ensure that its strategy and business model are compatible with the transition to a sustainable economy and the objective of achieving climate neutrality by 2050, in alignment with EU Climate Law and Benchmark Regulation.<\/p>\n<p>&#8212;<\/p>\n<p>The European Sustainability Reporting Standards (ESRS) have now been adopted for use by all companies subject to the CSRD. If you are aiming for a good ESG rating, it\u2019s time to get started.<\/p>\n<p>ESRS is major opportunity to build awareness, resilience, efficiency and sustainable growth opportunities. It\u2019s where sustainability meets strategy.<\/p>\n<p>What better way to start than to see it on your screen, fully digitized? Ready to navigate, learn, share and get CSRD-ready.<\/p>\n<p>The science-based SaaS solution Cleerit ESG helps you factor in risk exposure, identify and manage material topics, unlock the potential of your materiality assessments and create actionable roadmaps for strategic success<\/p>\n<p>\u2013 while preparing CSRD and automating your sustainability reporting with ESRS-ready templates.<\/p>\n<p>Contact us if you are interested in a two-month trial of the SaaS solution Cleerit ESG for only 65 \u20ac per month and user.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ESRS 2, SBM-1 datapoint 40, compulsory for all companies subject to CSRD, require companies to disclose detailed information about the key elements of its general strategy that relate to or affect sustainability matters: \u27a1 description of significant groups of products and\/or services offered \u27a1 description of significant markets and\/or customer groups served \u27a1 where applicable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":710,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,5],"tags":[],"class_list":{"0":"post-709","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-csrd","8":"category-esrs","10":"post-with-thumbnail","11":"post-with-thumbnail-large"},"_links":{"self":[{"href":"https:\/\/cleeritesg.com\/index.php\/wp-json\/wp\/v2\/posts\/709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cleeritesg.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cleeritesg.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cleeritesg.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cleeritesg.com\/index.php\/wp-json\/wp\/v2\/comments?post=709"}],"version-history":[{"count":1,"href":"https:\/\/cleeritesg.com\/index.php\/wp-json\/wp\/v2\/posts\/709\/revisions"}],"predecessor-version":[{"id":711,"href":"https:\/\/cleeritesg.com\/index.php\/wp-json\/wp\/v2\/posts\/709\/revisions\/711"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cleeritesg.com\/index.php\/wp-json\/wp\/v2\/media\/710"}],"wp:attachment":[{"href":"https:\/\/cleeritesg.com\/index.php\/wp-json\/wp\/v2\/media?parent=709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cleeritesg.com\/index.php\/wp-json\/wp\/v2\/categories?post=709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cleeritesg.com\/index.php\/wp-json\/wp\/v2\/tags?post=709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}