ESG Fundamentals (Webinar by Plan A)

00:40:06
https://www.youtube.com/watch?v=dK_YUGrCd3I

Sintesi

TLDRLa sessió de la presentació es focalitza en els conceptes clau i la implementació dels criteris ESG en les empreses. Comença explorant per què resulta rellevant per una companyia considerar aquests criteris, i prossegueix amb una anàlisi sobre diversos marcs de treball i estàndards reglamentaris associats a ESG, com el NFRD i CSRD, especificant com afecten les empreses de diferent mida i ubicació geogràfica. A més, es discuteix l'impacte dels marcs obligatoris i voluntaris a través d'exemples de regulacions, i es presenta un enfocament pràctic per integrar els criteris ESG, incloent aspectes tècnics i de comunicació per alinear-los amb els valors corporatius. Finalment, es proporciona un resum visual i estructurat de com implementar i comunicar el rendiment ESG.

Punti di forza

  • 🌱 ESG és crucial per a les decisions d'inversió i estratègies empresarials.
  • 📈 Els inversors ara prioritzen les inversions sostenibles, afectant les normatives.
  • 📜 Els requisits de reporting ESG varien segons marcs i estàndards específics.
  • 🔄 La comparabilitat entre empreses és clau per evitar el "greenwashing".
  • 🇪🇺 La regulació europea CSRD ampliarà l'abast dels informes ESG.
  • 💼 El tamany i ubicació geogràfica influeixen en les obligacions de reporting.
  • 🛠️ Iniciar la integració ESG requereix definir els motius i l'abast.
  • 📊 Les empreses han de comunicar clarament els seus esforços ESG al públic.
  • 🤝 Col·laboració interna és clau per aconseguir dades ESG efectives.
  • 🔍 Els informes ESG ajuden a avaluar fortaleses i àrees de millora.

Linea temporale

  • 00:00:00 - 00:05:00

    La sessió comença amb una introducció sobre la importància de l'ESG (ambiental, social i de governança), destacant la seva creixent rellevància en els negocis des dels anys 1960. Els impulsors principals inclouen inversors, legislació i pressions del consum públic i dels empleats. Es mencionen marcadors com Bloomberg amb previsió de 53 bilions en actius ESG per 2025. Els consumidors també influeixen destacablement, sent un de cada quatre a vegades canviant de marca per preocupacions ESG.

  • 00:05:00 - 00:10:00

    Els impulsors implícits com la competència empresarial també es destaquen. Lisa pren la paraula per discutir els estàndards/reporting de l'ESG, introduint la complexitat dels acrònims i la confusió entre marcs, estàndards i regulacions. Explica com l'ESG Frameworks guia les empreses amb principis mentre l'ESG Standards ofereix requisits detallats i replicables.

  • 00:10:00 - 00:15:00

    Es presenta una matriu de marcs, estàndards, i regulacions populars, diferenciant entre aplicacions globals, UE, UK o EUA. Es destaca que no totes obliguen igualment a totes les empreses, depenent del país, empleats o ingressos. La Directiva de Reportatge No Financer (NFRD) introdueix obligacions fins al 2018 per grans empreses, però amb guies no estandarditzades, causant confusió.

  • 00:15:00 - 00:20:00

    L'NFRD es convertirà en la Directiva de Reportatge de Sostenibilitat Corporativa (CSRD) ampliant el seu abast i requisits de reportatge. La CSRD inclourà l'impacte doble i requerirà auditoria obligatòria com a mesures per millorar la transparència. Es detalla el cronograma de fases d'aplicació des de 2025 fins 2029 per empreses no UE.

  • 00:20:00 - 00:25:00

    La Regulació de Divulgació de Finances Sostenibles (SFDR) requereix que el mercat financer divulgui l'impacte en decisions d'inversió. Les entitats hi han de divulgar governs de sostenibilitat, amb desglossament d'Articles 6, 8 i 9, relacionats amb fons financers i l'alineament amb la taxonomia esmentada. Es menciona el canvi envers els estàndards amb més estructura.

  • 00:25:00 - 00:30:00

    El Registre Taxonòmic de la UE ofereix criteris per activitats econòmiques sostenibles en sis àmbits ambientals. No obliga alineament sinó divulgació d'aquest. Es destaca que això facilita a empreses i inversors en fer decisions d'inversió sostenibles. S'enumeren exemples de com s'apliquen les directrius i marcs a nivell global, amb focus en el Regne Unit o altres regions.

  • 00:30:00 - 00:40:06

    Reiki introdueix l'ESG en acció, ressaltant la necessitat d'una motivació clara i responsabilitat. Aconsella determinar els estàndards o marcs adequats atenent factors com ubicació i regulacions. Explica aspectes tècnics en construir i enviar enquestes sobre temes ESG, i la importància d'un procés eficient de recol·lecció i reflexió sobre dades per competitivitat a llarg termini.

Mostra di più

Mappa mentale

Video Domande e Risposte

  • Per què importen els criteris ESG per a una empresa?

    Els criteris ESG importen perquè impacten en les decisions d'inversió, compliance legislativa i preferències de consumidors i empleats.

  • Quin és el paper dels marcs ESG?

    Els marcs ESG són guies sobre com estructurar la informació que es vol reportar, però poden ser interpretats de diferents maneres pels usuaris.

  • Què ofereixen els estàndards ESG?

    Els estàndards ESG són més específics i ofereixen requisits detallats sobre què s'ha de reportar, assegurant comparabilitat i consistència.

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Sottotitoli
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Scorrimento automatico:
  • 00:00:04
    welcome
  • 00:00:05
    to this friday morning session on esg
  • 00:00:08
    we're going to start with
  • 00:00:10
    why does esg actually matter to your
  • 00:00:12
    company like why is it a topic that you
  • 00:00:14
    could or even should look into
  • 00:00:16
    um then we're gonna hand over to lisa
  • 00:00:19
    who's gonna cover it the esg frameworks
  • 00:00:21
    and standards and we're gonna go into a
  • 00:00:23
    deep dive into some of them uh before we
  • 00:00:26
    then actually move to a topic which we
  • 00:00:27
    call esg in action which should give you
  • 00:00:29
    a better overview of how to approach
  • 00:00:31
    actually something like this
  • 00:00:33
    i will hand it over to our lovely
  • 00:00:35
    speakers today to introduce themselves
  • 00:00:39
    hello everyone i'm lisa i'm the esd
  • 00:00:42
    reporting associate here at plan a that
  • 00:00:44
    means i uh look in all to
  • 00:00:47
    into all the existing esg frameworks and
  • 00:00:50
    standards and but not only the voluntary
  • 00:00:53
    ones mainly or like
  • 00:00:56
    importantly of course also the
  • 00:00:58
    regulations around esg reporting because
  • 00:01:00
    there's more and more coming up and yeah
  • 00:01:03
    i'm at plan a the one that looks into it
  • 00:01:05
    see how like how we can support clients
  • 00:01:07
    and customers
  • 00:01:08
    or the entire community with it and see
  • 00:01:11
    how we can
  • 00:01:13
    what ways we can go to offer it under
  • 00:01:15
    product
  • 00:01:17
    and hello everyone my name is rachie and
  • 00:01:19
    i work in the customer success team at
  • 00:01:21
    planet and supporting and helping all
  • 00:01:23
    the companies and clients along their
  • 00:01:26
    sustainability journey and prior to
  • 00:01:28
    joining plan plan i work as an analyst
  • 00:01:31
    in the paris-based think tank with focus
  • 00:01:33
    on
  • 00:01:34
    climate strategy and disclosure
  • 00:01:37
    today together with lisa and we are
  • 00:01:39
    going to give you an overview to all of
  • 00:01:42
    you who are maybe curious interested
  • 00:01:44
    where would like to embark on the
  • 00:01:46
    reporting yesterday reporting journey
  • 00:01:48
    and all the fundamental information
  • 00:01:51
    that's necessary for for you to embark
  • 00:01:53
    on the journey
  • 00:01:55
    um yeah so far so good so let's
  • 00:01:57
    jump into the topic next slide please
  • 00:02:05
    so first we're going to start off with a
  • 00:02:07
    very fundamental question for the esg
  • 00:02:09
    fundamentals
  • 00:02:11
    why does it matter to your business well
  • 00:02:13
    why are we all gathering here today for
  • 00:02:16
    this session
  • 00:02:17
    obviously it matters to every one of us
  • 00:02:19
    to some extent more or less no matter
  • 00:02:21
    whether
  • 00:02:22
    you you you know the reason where you're
  • 00:02:24
    not aware of it yet
  • 00:02:26
    this notion becomes very popular
  • 00:02:29
    in a business arena since 1960s
  • 00:02:32
    and it has been increasingly important
  • 00:02:34
    and embedded in every aspect of the of
  • 00:02:36
    your business are in
  • 00:02:39
    recent years
  • 00:02:40
    next slide please
  • 00:02:42
    um so
  • 00:02:43
    in general we kind of categorized all
  • 00:02:45
    the drivers of esg reporting into two
  • 00:02:48
    parts the explicit drivers for example
  • 00:02:51
    all the drivers that undoubtedly putting
  • 00:02:53
    a pressure on your business for example
  • 00:02:55
    investors those people who put money in
  • 00:02:57
    your business
  • 00:02:59
    now more and more investors have
  • 00:03:00
    realized the importance of this topic
  • 00:03:02
    and kind of consider it as a very
  • 00:03:04
    fundamental and crucial factor when
  • 00:03:06
    they're analyzing
  • 00:03:08
    evaluating
  • 00:03:09
    business whether they are resilient or
  • 00:03:12
    not in the future to the future changes
  • 00:03:14
    or whether they're healthy enough or not
  • 00:03:16
    for a long-term development
  • 00:03:18
    for example according to a bloomberg
  • 00:03:20
    report apparently by
  • 00:03:22
    2025 the esg asset might hit
  • 00:03:27
    53 trillion dollars and that's a lot of
  • 00:03:29
    potential on the investment site and the
  • 00:03:32
    next driver is legislation and lisa is
  • 00:03:34
    going to dive in a little bit deeper in
  • 00:03:36
    the next chapter
  • 00:03:38
    but just
  • 00:03:39
    look at how the wind turns around among
  • 00:03:41
    investors and and by definition eesg
  • 00:03:44
    literally it obviously haven't political
  • 00:03:46
    financial or social impact and that will
  • 00:03:49
    lead to
  • 00:03:50
    the introduction of the wreck
  • 00:03:52
    of a lot of regulations gradually moving
  • 00:03:55
    forward which actually already happening
  • 00:03:58
    and now let's look at the other side the
  • 00:04:00
    implicit drivers so those are the driver
  • 00:04:02
    that might not compe communicate with
  • 00:04:04
    you loudly we're putting a pressure on
  • 00:04:06
    you but they are entirely part of your
  • 00:04:09
    business so to some point you have to
  • 00:04:11
    address it and deal with it more or less
  • 00:04:14
    voluntarily for example consumers just
  • 00:04:16
    like investors they put money in your
  • 00:04:18
    product
  • 00:04:19
    and use your product and now more and
  • 00:04:21
    more consumers also started to want to
  • 00:04:24
    have a sustainable life themselves for
  • 00:04:26
    example according to a research one out
  • 00:04:28
    of four consumers in the uk
  • 00:04:31
    us and australia they actually have
  • 00:04:33
    claimed that they actually switch or
  • 00:04:35
    stop the use of one brand that has esg
  • 00:04:37
    concerns
  • 00:04:39
    and the next one is employees well this
  • 00:04:42
    is pretty obvious i guess
  • 00:04:44
    all of us
  • 00:04:45
    are in our employees we're at least once
  • 00:04:48
    employees and we all would like to work
  • 00:04:50
    for a business with good causes
  • 00:04:53
    for example a fairer incentive
  • 00:04:55
    structures or
  • 00:04:58
    inclusive environment or culture
  • 00:05:00
    it does not only make us more feel more
  • 00:05:02
    rewarded or more motivated or it also
  • 00:05:06
    make us be more productive efficiently
  • 00:05:08
    working for our employers so this is
  • 00:05:10
    also a good bonus for employer the
  • 00:05:13
    company point of view
  • 00:05:15
    and then last but not least because all
  • 00:05:17
    the drivers that i've set so far they
  • 00:05:19
    actually all have an impact on your
  • 00:05:21
    business and actually have the same
  • 00:05:23
    impact on all the other competitors and
  • 00:05:25
    peers in the market too
  • 00:05:27
    um so for uh and as a fact actually this
  • 00:05:30
    year the yesterday market has set double
  • 00:05:34
    and there are more and more companies
  • 00:05:36
    just like you
  • 00:05:37
    starting to consider this problem and
  • 00:05:39
    also from the competition point of view
  • 00:05:41
    too
  • 00:05:42
    and so now i will hand it over to lisa
  • 00:05:45
    to dive in a little bit deeper on the
  • 00:05:46
    regulatory access
  • 00:05:51
    thank you rachie um yeah so now that we
  • 00:05:54
    have um looked into why is your esg
  • 00:05:57
    reporting or even the assessment of esg
  • 00:06:00
    criteria might be important for your
  • 00:06:02
    business let's take a closer look into
  • 00:06:04
    the
  • 00:06:05
    existing reporting standards or
  • 00:06:07
    frameworks that exist and that you might
  • 00:06:10
    want to or may have to report on
  • 00:06:13
    next slide please
  • 00:06:15
    so yeah when you start looking into esg
  • 00:06:17
    reporting you encounter a number of
  • 00:06:20
    different abbreviations like i'm sure
  • 00:06:22
    you've heard of cdp
  • 00:06:24
    cstrd
  • 00:06:26
    sfdr all those abbreviations and um not
  • 00:06:29
    only do you encounter different
  • 00:06:31
    abbreviations you even encounter
  • 00:06:32
    different words for esg reporting like
  • 00:06:34
    there's esg frameworks
  • 00:06:36
    he has esg standards lately even esd
  • 00:06:39
    regulations
  • 00:06:40
    and
  • 00:06:41
    i'm sure this is very confusing and
  • 00:06:43
    overwhelming at the start so we actually
  • 00:06:45
    want to help you there a little bit and
  • 00:06:47
    start explaining the difference
  • 00:06:49
    between a framework and a standard and
  • 00:06:51
    also look into how frameworks and
  • 00:06:53
    standards might correlate with
  • 00:06:55
    regulations
  • 00:06:56
    or regulatory requirements
  • 00:07:00
    as a start and easy framework so the esd
  • 00:07:02
    framework is more
  • 00:07:04
    a bit more of a guideline that um
  • 00:07:07
    provides principle-based guidance on how
  • 00:07:11
    the information that you want to report
  • 00:07:12
    on or that you should report on
  • 00:07:14
    according to this framework is
  • 00:07:16
    structured how it should be repaired and
  • 00:07:18
    also what broad topics should be covered
  • 00:07:20
    broad topics as an environmental social
  • 00:07:22
    and governance but there's
  • 00:07:24
    might be also others but yeah those are
  • 00:07:27
    the three main topics
  • 00:07:28
    and um frameworks are a bit less
  • 00:07:32
    valuable um in regards to comparability
  • 00:07:35
    because the framework is more up to the
  • 00:07:36
    interpretation of an individual user of
  • 00:07:39
    this framework so it still leaves like
  • 00:07:41
    room for confusion
  • 00:07:43
    for the market or for investors or
  • 00:07:45
    whoever is interested in your esd
  • 00:07:47
    performance
  • 00:07:48
    whereas an esg standard is a bit more
  • 00:07:51
    straightforward because esg standards
  • 00:07:53
    provide specific detailed and replicable
  • 00:07:55
    requirements and for what should be
  • 00:07:58
    reported in each topic including the the
  • 00:08:01
    metrics that you need that you need or
  • 00:08:03
    should report on
  • 00:08:05
    and therefore an esg standard is way
  • 00:08:07
    more valuable in regards to
  • 00:08:08
    comparability consistency and also
  • 00:08:10
    reliability and disclosures
  • 00:08:14
    both frameworks and standards can be
  • 00:08:16
    mandatory or voluntary we'll take a
  • 00:08:18
    closer look into that in the coming
  • 00:08:20
    slides
  • 00:08:21
    and
  • 00:08:22
    maybe one more thing to say on that
  • 00:08:24
    remarks if you look at it right now i
  • 00:08:26
    would say there's
  • 00:08:28
    there's more frameworks than standards
  • 00:08:30
    on the market but um with the fight
  • 00:08:32
    against queen washing and the growing
  • 00:08:34
    interest of the market investors and
  • 00:08:37
    regulators um
  • 00:08:39
    for
  • 00:08:40
    for esg reporting and and the importance
  • 00:08:43
    of it um and the comparability of it and
  • 00:08:46
    through transparency and the trend is
  • 00:08:48
    leading more towards standards
  • 00:08:51
    so yeah whether an esg standard or
  • 00:08:53
    framework applies to your business
  • 00:08:54
    mainly depends on the country you
  • 00:08:57
    operate in or the jurisdiction in
  • 00:08:59
    the case of the european union um
  • 00:09:02
    or region even
  • 00:09:04
    the number of employees and your annual
  • 00:09:06
    turnover or balance sheet
  • 00:09:10
    and if you could go to the next slide
  • 00:09:12
    nicole
  • 00:09:17
    yeah we have created this
  • 00:09:20
    matrix of the most popular or important
  • 00:09:24
    um not only frameworks and standards but
  • 00:09:26
    also upcoming or existing regulations i
  • 00:09:29
    understand that this can be a bit
  • 00:09:30
    overwhelming now so this should just
  • 00:09:32
    give you a little overlook you see here
  • 00:09:34
    there's
  • 00:09:35
    frameworks or regulations or standards
  • 00:09:37
    that are globally um
  • 00:09:39
    usable um there's also ones that are
  • 00:09:41
    only applied for the eu or the uk or us
  • 00:09:44
    i'm sure also of other countries but we
  • 00:09:46
    have to we had to make some choices here
  • 00:09:48
    so we went for the for the
  • 00:09:51
    like ones that are most important for us
  • 00:09:53
    as a company and of course our like our
  • 00:09:55
    clients
  • 00:09:56
    um
  • 00:09:57
    yeah unfortunately we don't so yeah just
  • 00:09:59
    as a start you see here um
  • 00:10:02
    you see some of them are still in
  • 00:10:04
    progress um indicated by those little
  • 00:10:06
    lines some of them are already in place
  • 00:10:08
    um you see here
  • 00:10:10
    the number of companies who have to
  • 00:10:12
    report them then or who do report on
  • 00:10:14
    them in case of the involuntary ones
  • 00:10:18
    but yeah like we of course we don't have
  • 00:10:20
    the time to dive deep into all of them
  • 00:10:22
    and into the matrix so we had to make
  • 00:10:24
    some choices and
  • 00:10:25
    um
  • 00:10:26
    which one we want to dive a bit deeper
  • 00:10:28
    in
  • 00:10:30
    to and we decided to go for the um
  • 00:10:33
    regulations that are in the european
  • 00:10:35
    union
  • 00:10:36
    mainly because um
  • 00:10:39
    they some of them don't only require eu
  • 00:10:42
    companies but also non-agent companies
  • 00:10:44
    to report on them but more on that
  • 00:10:47
    in the following slides
  • 00:10:49
    the first one that we want to talk about
  • 00:10:51
    briefly is the non-financial reporting
  • 00:10:53
    director
  • 00:10:55
    the non-financial reporting directive
  • 00:10:57
    has required companies in scope since
  • 00:10:59
    2018 to publish a non-financial report
  • 00:11:02
    on their esg performance together with
  • 00:11:04
    their management report
  • 00:11:07
    companies who have to
  • 00:11:09
    report on the nfrd are eu company
  • 00:11:12
    largely companies of public interest
  • 00:11:15
    large in that case means they need to
  • 00:11:17
    have more than 500 employees and a
  • 00:11:20
    balance sheet of more than 20 million or
  • 00:11:22
    a turnover of more than 40 million you
  • 00:11:25
    need to
  • 00:11:26
    fulfill two out of those three criteria
  • 00:11:29
    to be in scope and you need to be of
  • 00:11:30
    public interest meaning you have to be
  • 00:11:32
    listed in one of the member states stock
  • 00:11:35
    exchanges or you have to be a bank or an
  • 00:11:37
    insurance company
  • 00:11:40
    um
  • 00:11:41
    the required indicators that you have to
  • 00:11:43
    report on in your est report and your
  • 00:11:46
    nfrd est report reach from environmental
  • 00:11:49
    to social human rights and
  • 00:11:51
    anti-corruption and bible refactors
  • 00:11:54
    and there is um and now we're coming
  • 00:11:58
    back to the framework and standard topic
  • 00:12:01
    for the nfrd there is no clear reporting
  • 00:12:03
    standard
  • 00:12:04
    but only eu guidelines on the reporting
  • 00:12:07
    and those guidelines um yeah are more or
  • 00:12:09
    less like a framework so they give you
  • 00:12:12
    ideas on
  • 00:12:14
    on they they give you those for those
  • 00:12:16
    four big sectors like environmental
  • 00:12:18
    environmental social human rights and
  • 00:12:20
    anti-corruption and bribery
  • 00:12:22
    but
  • 00:12:23
    they don't give you like a clear
  • 00:12:25
    standard they don't tell you you have to
  • 00:12:26
    report on on this indicator in in that
  • 00:12:29
    format they just give you ideas if
  • 00:12:31
    you're of this industry you might want
  • 00:12:33
    to report on this so it's actually very
  • 00:12:35
    again up to the interpretation of the
  • 00:12:38
    individual users and
  • 00:12:41
    that leaves businesses confused and
  • 00:12:44
    maybe maybe not necessarily confused but
  • 00:12:47
    if you look at it if you look at
  • 00:12:49
    existing and nfrd reports they actually
  • 00:12:52
    most of them look very different and
  • 00:12:54
    that
  • 00:12:55
    also leaves the market confused that
  • 00:12:57
    leaves investors confused and also
  • 00:12:59
    leaves auditing and insurance companies
  • 00:13:01
    confused
  • 00:13:02
    um
  • 00:13:03
    [Music]
  • 00:13:04
    and as it is a directive um
  • 00:13:08
    an eu directive how it works is it needs
  • 00:13:10
    to be translated into the single member
  • 00:13:12
    states national law so there might be
  • 00:13:14
    even slight differences between the
  • 00:13:15
    different member states
  • 00:13:17
    so yeah as you can see it is not a clear
  • 00:13:19
    standard and it still leaves room for
  • 00:13:21
    computer confusion and there's actually
  • 00:13:23
    a lot of room for improvement
  • 00:13:25
    and this is why if you could go to the
  • 00:13:27
    next slide
  • 00:13:31
    the nfrd currently is being amended
  • 00:13:35
    into the corporate sustainability
  • 00:13:37
    reporting directive
  • 00:13:39
    the corporate sustainability reporting
  • 00:13:41
    directive amends the scope and the
  • 00:13:42
    reporting requirements of the nfrd
  • 00:13:46
    and about the scope um other than the
  • 00:13:49
    nfrd in the case of the csrd companies
  • 00:13:52
    with more than 250 employees will be in
  • 00:13:55
    scope
  • 00:13:56
    that have either a bigger children over
  • 00:13:58
    than 40 million again or a bigger
  • 00:14:00
    balance sheet of 20 million again and
  • 00:14:02
    also again here like for the nfrd you
  • 00:14:04
    actually have to profile two out of
  • 00:14:06
    those three criteria
  • 00:14:08
    so if you have more than 40 million or
  • 00:14:10
    more than 20 million you don't even have
  • 00:14:12
    to meet the 200 plus 250 employees
  • 00:14:15
    criteria
  • 00:14:17
    other companies and scope here are all
  • 00:14:20
    listed companies they are all listed
  • 00:14:22
    companies except micro enterprises this
  • 00:14:25
    is enterprises with less than 10
  • 00:14:27
    employees
  • 00:14:28
    and um and here is the global aspect of
  • 00:14:32
    this regulation coming into place
  • 00:14:34
    um non-even companies with subsidiaries
  • 00:14:38
    and also have to report on the csrd if
  • 00:14:41
    they make more than 150 million turnover
  • 00:14:43
    in the market
  • 00:14:46
    and so yeah again the csid as you can
  • 00:14:49
    see um it like widens the scope of the
  • 00:14:52
    of the um
  • 00:14:55
    companies who have to report but it also
  • 00:14:57
    introduces more detailed reporting
  • 00:14:59
    requirements and a wider
  • 00:15:01
    scope of reporting requirements
  • 00:15:04
    so additionally to the um things that
  • 00:15:06
    you have to report on and your nf id
  • 00:15:08
    report or businesses have to report on
  • 00:15:11
    in their nf id report they also have to
  • 00:15:14
    start looking into the double
  • 00:15:15
    materiality
  • 00:15:17
    that means they don't only have to
  • 00:15:18
    report on the
  • 00:15:20
    impact they make as a company on
  • 00:15:22
    sustainability factors they also have to
  • 00:15:25
    report on how sustainability factors can
  • 00:15:28
    impact them as a company
  • 00:15:30
    as one example and it's a very
  • 00:15:33
    simple and maybe sydney one but
  • 00:15:35
    i just want to make sure that that i
  • 00:15:38
    that i
  • 00:15:39
    can explain it well
  • 00:15:40
    one example of
  • 00:15:42
    um
  • 00:15:43
    of it would be you are a construction
  • 00:15:46
    company and you build a lot of houses
  • 00:15:48
    around the seaside
  • 00:15:49
    um
  • 00:15:50
    and this actually means that your
  • 00:15:53
    financial performance might be in peril
  • 00:15:55
    because of climate change because the
  • 00:15:57
    sea levels are rising so you might have
  • 00:15:59
    to decide to put less houses on the on
  • 00:16:01
    this um because it's on the seaside or
  • 00:16:03
    another example could be more on the
  • 00:16:05
    social side
  • 00:16:06
    that
  • 00:16:07
    you
  • 00:16:08
    might be a clothing company and you
  • 00:16:10
    don't look a lot into the human rights
  • 00:16:12
    in your supply chain
  • 00:16:14
    and this could cause
  • 00:16:16
    you a loss of um
  • 00:16:18
    of
  • 00:16:19
    income because more and more customers
  • 00:16:22
    are looking into
  • 00:16:23
    um humans right human rights in the
  • 00:16:25
    supply chain or sustainability and
  • 00:16:27
    clothing
  • 00:16:31
    um so besides this double materiality in
  • 00:16:34
    your csid report and you will also have
  • 00:16:37
    to start
  • 00:16:39
    including more forward-looking
  • 00:16:40
    information like including targets that
  • 00:16:42
    you might set as a company but also the
  • 00:16:44
    progress you make on those targets
  • 00:16:46
    and
  • 00:16:49
    a huge step in comparison to the nfrd is
  • 00:16:51
    that companies will have to start
  • 00:16:54
    reporting according to mandatory eu
  • 00:16:56
    sustainability reporting standards so
  • 00:16:58
    this is to then actually have the
  • 00:17:01
    the comparison to
  • 00:17:03
    other companies
  • 00:17:05
    and therefore it also makes it easier
  • 00:17:07
    for for audit and insurance companies um
  • 00:17:09
    and there will be with the csid also the
  • 00:17:12
    introduction of mandatory audit and
  • 00:17:14
    insurance standards because for the nfrd
  • 00:17:17
    currently
  • 00:17:18
    um for example in germany the um
  • 00:17:21
    [Music]
  • 00:17:23
    there's only a check if you include a
  • 00:17:25
    non-financial report in your management
  • 00:17:27
    report they don't even check the content
  • 00:17:29
    of it
  • 00:17:30
    and that will change with the csid there
  • 00:17:32
    will be a standard for the auditing and
  • 00:17:35
    also the ddd content check of of what
  • 00:17:37
    you publish
  • 00:17:40
    and the application date will start to
  • 00:17:42
    be phased in from 2025 and that means
  • 00:17:45
    that companies who are already reporting
  • 00:17:47
    on the nfrd will have to start reporting
  • 00:17:49
    in 2025 for the year 2024
  • 00:17:52
    and then the other large companies will
  • 00:17:54
    have to start reporting in 2026 for the
  • 00:17:57
    year 2025.
  • 00:18:00
    and
  • 00:18:01
    small and medium-sized enterprises will
  • 00:18:03
    have to start reporting in 2027 for the
  • 00:18:06
    year 2026 since i'm almost done if you
  • 00:18:09
    are a non-eu company you will only have
  • 00:18:11
    to start reporting in 2029
  • 00:18:15
    so yeah
  • 00:18:16
    there was it about the cse da csid i
  • 00:18:19
    would love like to now
  • 00:18:21
    look a bit closer to the to one of the
  • 00:18:24
    regulations that is actually industry
  • 00:18:25
    specific and if you could go to the next
  • 00:18:28
    slide
  • 00:18:30
    that is the sustainable finance
  • 00:18:32
    disclosure regulation and maybe you've
  • 00:18:34
    heard of it maybe not the sustainable
  • 00:18:36
    finance disclosure regulation requires
  • 00:18:38
    financial market participants to
  • 00:18:40
    disclose how they consider
  • 00:18:42
    sustainability related impacts in their
  • 00:18:44
    investment decision
  • 00:18:48
    it is
  • 00:18:50
    that the companies in school are all
  • 00:18:52
    financial market participants but not
  • 00:18:54
    only the ones in the eu but also all the
  • 00:18:57
    ones that offer financial products on
  • 00:18:58
    the market
  • 00:19:00
    so if for example you are in us based vc
  • 00:19:03
    and one of your funds also
  • 00:19:06
    finances a u-based company you also have
  • 00:19:09
    to look into sftr reporting
  • 00:19:12
    um
  • 00:19:12
    this is why as a region we put even plus
  • 00:19:15
    global and and the status says plus mine
  • 00:19:18
    is affected meaning that some of the
  • 00:19:20
    reporting requirements are already in
  • 00:19:22
    place some of them will start to be
  • 00:19:25
    reported on in
  • 00:19:26
    january 2023
  • 00:19:29
    the sfdr aims to provide more
  • 00:19:31
    transparency on sustainability within
  • 00:19:34
    the financial markets also in a
  • 00:19:36
    standardized way so we have a standard
  • 00:19:38
    again to reorient capital flow flows
  • 00:19:41
    towards sustainable investments and
  • 00:19:43
    therefore prevent and also prevent queen
  • 00:19:45
    washing and ensure comparability
  • 00:19:48
    and the reporting
  • 00:19:50
    requirements of the sfrd and will be
  • 00:19:54
    both on entity and product level um and
  • 00:19:57
    there will be reporting standards for
  • 00:19:59
    both
  • 00:20:00
    entity level meaning um
  • 00:20:03
    if you're a financial market participant
  • 00:20:05
    and you you will have to report for
  • 00:20:07
    example
  • 00:20:09
    or disclose the policies and that you
  • 00:20:12
    use on the integration of sustainability
  • 00:20:15
    risk and investment decisions but you
  • 00:20:17
    also have to report on the principal at
  • 00:20:19
    vs impact that you make as an entity on
  • 00:20:23
    sustainability factors
  • 00:20:25
    and product level disclosures means that
  • 00:20:28
    again if you are abc and you offer funds
  • 00:20:30
    you have also have to look into the
  • 00:20:33
    sustainability of this fund and this
  • 00:20:37
    actually is i think this is the most
  • 00:20:39
    challenging bit because that means that
  • 00:20:42
    you will need sustainability data from
  • 00:20:44
    all your portfolio companies in order to
  • 00:20:47
    report on the sustainability of your
  • 00:20:49
    product
  • 00:20:51
    and just a tiny
  • 00:20:54
    little deep dive into the product level
  • 00:20:56
    disclosure we don't have the time to get
  • 00:20:58
    too deep into it but probably if you're
  • 00:21:01
    a financial market participant you've
  • 00:21:03
    heard of the article 6 8 and 9 different
  • 00:21:06
    differentiation
  • 00:21:07
    because there's actually a
  • 00:21:08
    differentiation between those
  • 00:21:10
    differently classified financial
  • 00:21:12
    products in regards of the reporting
  • 00:21:14
    requirements
  • 00:21:15
    and a little
  • 00:21:18
    a small look into it is just that
  • 00:21:20
    article six products uh financial
  • 00:21:23
    products that do not claim any
  • 00:21:25
    environmental or like any esg objective
  • 00:21:28
    whatsoever then there is the arctic aid
  • 00:21:31
    products they are called the light cream
  • 00:21:33
    products
  • 00:21:34
    those are products that promote somehow
  • 00:21:37
    environmental social factors
  • 00:21:39
    and then there is the arctic inline
  • 00:21:41
    products that are products that actually
  • 00:21:43
    have um
  • 00:21:45
    sustainable investment as their core
  • 00:21:47
    objective and one of the differences
  • 00:21:49
    between reporting for rtq6 products and
  • 00:21:52
    in comparison to article 8 and 9
  • 00:21:54
    products is the disclosure of your
  • 00:21:57
    taxonomy alignment you have to do that
  • 00:21:59
    for eight and nine
  • 00:22:00
    and uh that leads me to the next slide
  • 00:22:04
    d eo taxonomy um
  • 00:22:08
    taxonomy is a classification as it's a
  • 00:22:11
    it's um from
  • 00:22:13
    regulation too and it the taxonomy is a
  • 00:22:16
    classification that sets criteria to
  • 00:22:20
    determine whether an economic activity
  • 00:22:22
    significantly contributes to the sixth
  • 00:22:24
    environmental objectives that are
  • 00:22:27
    defined by the regulations
  • 00:22:29
    those
  • 00:22:30
    environmental objectives being climate
  • 00:22:32
    change mitigation climate change
  • 00:22:34
    adaptation sustainable use and
  • 00:22:36
    protection of water and marine resources
  • 00:22:40
    transition to a circular economy
  • 00:22:42
    pollution prevention and control and
  • 00:22:44
    protection of healthy ecosystems
  • 00:22:49
    the eu taxonomy is
  • 00:22:52
    applicable for all companies that are in
  • 00:22:54
    the scope of the nfrd or in the coming
  • 00:22:57
    csrp and also our companies that are in
  • 00:23:00
    scope of the sfdr
  • 00:23:02
    so i feel like that many people think
  • 00:23:05
    that the eu taxonomy will require an
  • 00:23:07
    additional
  • 00:23:10
    report but that is not the case detects
  • 00:23:12
    the disclosures that you are required to
  • 00:23:15
    do in accordance to the eu taxonomy will
  • 00:23:18
    have to be disclosed with your
  • 00:23:19
    non-financial report that you do for the
  • 00:23:21
    nfid or csid or that you do for the sftr
  • 00:23:26
    and um yeah the eu taxonomy is a tool to
  • 00:23:29
    help companies and investors make
  • 00:23:31
    sustainable investment decisions
  • 00:23:33
    and
  • 00:23:35
    also i feel like this is also a
  • 00:23:37
    misunderstanding and subjects to the eu
  • 00:23:40
    taxonomy are obliged to report on their
  • 00:23:42
    in taxonomy alignment they are not
  • 00:23:44
    obliged to
  • 00:23:46
    be taxonomy aligned
  • 00:23:51
    yeah so this was our little um deep dive
  • 00:23:54
    into the four main regular four
  • 00:23:55
    regulations around esg reporting in the
  • 00:23:58
    eu if you could go to the next lightning
  • 00:24:00
    call
  • 00:24:07
    yeah just to get back to this matrix you
  • 00:24:09
    see we only covered like a minimum of
  • 00:24:12
    what is out there and there is um of
  • 00:24:15
    course i'm not sure if um if any of you
  • 00:24:18
    are from the uk
  • 00:24:20
    uh you see we also have the sccr that is
  • 00:24:23
    very um relevant for the uk also now
  • 00:24:26
    since april 2022 dtcfd
  • 00:24:29
    um so if you have any questions on those
  • 00:24:32
    please feel free to reach out and we're
  • 00:24:34
    happy to help also use the q a session
  • 00:24:37
    in the end of this webinar
  • 00:24:43
    maybe we can use this slide to quickly
  • 00:24:45
    take a break to see if there are any
  • 00:24:47
    questions or if people are ready to
  • 00:24:49
    continue to the next part of the session
  • 00:24:56
    okay if everything is clear thanks a lot
  • 00:24:59
    lisa then i think the next part will be
  • 00:25:02
    reiki
  • 00:25:07
    um so just now lisa
  • 00:25:10
    covered the regulatory point part of
  • 00:25:13
    this topic and now i'm going to be
  • 00:25:15
    responsible for the practical
  • 00:25:17
    aspect of this topic yes she in action
  • 00:25:20
    so how to get started on on this journey
  • 00:25:23
    what steps are needed etc
  • 00:25:26
    next step please
  • 00:25:30
    so as i talked about earlier at the
  • 00:25:32
    beginning of this session the in the
  • 00:25:34
    explicit and and implicit factors so now
  • 00:25:37
    they are very important because they
  • 00:25:38
    cert they serve as the trigger
  • 00:25:41
    to kick off the whole esg reporting
  • 00:25:44
    journey and as a first step next slide
  • 00:25:46
    please nicole thanks
  • 00:25:50
    so
  • 00:25:51
    as the first step
  • 00:25:54
    it's also the most fundamental step
  • 00:25:56
    actually uh because that defines really
  • 00:25:59
    the direction and trend and the
  • 00:26:00
    tractatory of your esg reporting process
  • 00:26:03
    moving forward
  • 00:26:04
    um which is
  • 00:26:06
    determining motivation and
  • 00:26:07
    accountability this is very important
  • 00:26:09
    because just as you can see just now
  • 00:26:11
    from
  • 00:26:12
    lisa's session that yesterday market
  • 00:26:14
    right now is still
  • 00:26:16
    quite voluntary uh there's obligation
  • 00:26:19
    but there's some obligation for some
  • 00:26:21
    certain
  • 00:26:22
    criteria depending on the frame
  • 00:26:23
    framework and region so in general it's
  • 00:26:26
    still quite voluntary uh and it's not
  • 00:26:28
    much very clearly defined as lisa i just
  • 00:26:31
    now mentioned there's a lot of
  • 00:26:33
    interpretation situation going on and
  • 00:26:36
    there's not also not a lot of defined
  • 00:26:37
    pathways so here is why it's very
  • 00:26:39
    important to do from the first step to
  • 00:26:41
    understand and checking with your own
  • 00:26:43
    company and checking with yourself why
  • 00:26:45
    you're wanting to doing it what is your
  • 00:26:47
    goal what is your motivation and
  • 00:26:50
    what who do you want to showcase this to
  • 00:26:52
    which means aka your stakeholder that
  • 00:26:55
    you care the most
  • 00:26:56
    about for example is it um simply a
  • 00:26:59
    reaction or response to an investor
  • 00:27:02
    request or is it a customer feedback or
  • 00:27:06
    is it a mandate um by your board members
  • 00:27:09
    or simply just pressed by a certain
  • 00:27:11
    regulation
  • 00:27:12
    no so whatever the reason is or maybe
  • 00:27:14
    it's also in like internal engagement
  • 00:27:17
    right so whatever the the reason is it's
  • 00:27:19
    really important to check in with
  • 00:27:21
    yourself and reflect on this topic um so
  • 00:27:24
    that you can stick with your company
  • 00:27:26
    value and also stay true of your own
  • 00:27:28
    company in this kind of fast changing
  • 00:27:30
    and fast growing market
  • 00:27:33
    um so ideally
  • 00:27:35
    um it should be start like like start
  • 00:27:37
    off with um with a strategy report like
  • 00:27:40
    a proper esg strategy so that you can
  • 00:27:42
    company wise align on your value
  • 00:27:45
    strategy inflammation operation
  • 00:27:47
    operation etc
  • 00:27:48
    but if you haven't have it yet uh
  • 00:27:51
    keeping at least a list of the checkoff
  • 00:27:54
    boxes
  • 00:27:55
    of your core values is also very
  • 00:27:57
    important for you to do to stick with
  • 00:27:59
    yourself and with your own company's
  • 00:28:00
    value and also that will also help you
  • 00:28:02
    as a first step to
  • 00:28:04
    use to improve and develop your esg
  • 00:28:06
    strategy
  • 00:28:08
    next step please
  • 00:28:11
    and now we know where we're going to go
  • 00:28:13
    and which direction we're like we want
  • 00:28:15
    to have and what is our general
  • 00:28:17
    expectation then this time to choose an
  • 00:28:19
    appropriate esg standard or frame
  • 00:28:21
    framework or regulation so this uh step
  • 00:28:24
    i call what uh lisa talked about just
  • 00:28:27
    now in the previous session
  • 00:28:29
    um all these factors um as as you can
  • 00:28:32
    see just now he mentioned like she
  • 00:28:34
    mentioned there's a lot of factor that
  • 00:28:35
    influence your your geographical
  • 00:28:38
    location for example so just like when
  • 00:28:41
    you want to do online shopping like get
  • 00:28:43
    a birkenstock shoes and then you then
  • 00:28:45
    you have to use them like the filtering
  • 00:28:47
    function to narrow down whether it's
  • 00:28:49
    free delivery what texture
  • 00:28:51
    um whether it's sustainable etc etc
  • 00:28:54
    there are also a series of factors that
  • 00:28:57
    can help you narrow down
  • 00:28:59
    for example a next slide please nicole
  • 00:29:04
    so
  • 00:29:05
    for example your geographical location a
  • 00:29:08
    certain framework or regulation is
  • 00:29:10
    applicable in certain region but it's
  • 00:29:12
    not applicable in other regions or for
  • 00:29:16
    example whether it's obligatory or not
  • 00:29:19
    and that's links to a lot of other
  • 00:29:20
    factors for example the just as lisa
  • 00:29:23
    said
  • 00:29:24
    the revenue the size of your company the
  • 00:29:26
    legal status etc etc
  • 00:29:29
    and in general the bigger the company is
  • 00:29:32
    your organization is where the more
  • 00:29:34
    revenue you have there's a higher
  • 00:29:36
    likelihood that you're gonna have more
  • 00:29:38
    obligation to comply
  • 00:29:40
    but for the smes the small and and
  • 00:29:43
    medium enterprises um maybe you will be
  • 00:29:46
    a bit lost on which option to fit in
  • 00:29:48
    because there might be less obligation
  • 00:29:50
    for you then in this case this is where
  • 00:29:52
    the first step kicks in right then you
  • 00:29:55
    can check in with your own corporate
  • 00:29:57
    roadmap your strategy your stakeholders
  • 00:30:00
    and listen to their opinion and to
  • 00:30:02
    figure out maybe there's a certain topic
  • 00:30:04
    that you would like to cover that people
  • 00:30:05
    care the most about that you can also
  • 00:30:07
    use this as the criteria to choose a
  • 00:30:10
    framework or or standard that suits you
  • 00:30:13
    because this is what
  • 00:30:15
    you really care about actually
  • 00:30:18
    and next step
  • 00:30:20
    please and then once you know what you
  • 00:30:23
    want and the next step is actually um a
  • 00:30:27
    bit more technical because now you know
  • 00:30:28
    what you want and all you need to do is
  • 00:30:30
    just get a tool to get it to disclose
  • 00:30:32
    what you want to disclose so usually
  • 00:30:35
    right in the market we usually use a set
  • 00:30:37
    of like a selection of questions to
  • 00:30:39
    cover the esg topics that you care the
  • 00:30:41
    most about
  • 00:30:42
    um so that those set of questions will
  • 00:30:45
    have to be responded so in the end it
  • 00:30:47
    will be a esg re
  • 00:30:49
    report so in this case we call this
  • 00:30:52
    selection of questions a survey so just
  • 00:30:54
    so you know you're not going to be
  • 00:30:56
    confused moving forward when i call
  • 00:30:57
    something a survey so this step is
  • 00:31:00
    mainly about building and sending out
  • 00:31:02
    the survey about your esg performance or
  • 00:31:05
    if you're a financial institution you're
  • 00:31:07
    the esr performance of your portfolio
  • 00:31:09
    company
  • 00:31:10
    um next slide please nicole
  • 00:31:14
    and uh and yes so in this case it will
  • 00:31:17
    be a bit more technical um so you will
  • 00:31:20
    need to uh so so this is a time for you
  • 00:31:23
    you can seek for third-party um
  • 00:31:26
    help for example at plan day we also
  • 00:31:28
    help on this but whoever you are working
  • 00:31:30
    with it's also important to realize that
  • 00:31:33
    the final decision making just lies in
  • 00:31:35
    your hand you also need to consider
  • 00:31:37
    before you find or seek for other
  • 00:31:39
    people's help just to build a survey for
  • 00:31:42
    for example what is the capacity on your
  • 00:31:44
    site
  • 00:31:45
    dedicated to this report for example if
  • 00:31:48
    you are a company or your investor who
  • 00:31:50
    want to request from your portfolio
  • 00:31:52
    company then it's time to think about
  • 00:31:54
    what kind of effort you expect from
  • 00:31:56
    people who fill out those questions
  • 00:31:59
    what how much time you would like them
  • 00:32:00
    to allocate to filling it out
  • 00:32:03
    and how much time of the notice you
  • 00:32:05
    would like to ask so all this question
  • 00:32:06
    is very important to help you to develop
  • 00:32:08
    a survey for example if you know that
  • 00:32:10
    you you don't have a lot of expectations
  • 00:32:12
    and people don't do much then maybe you
  • 00:32:15
    can make then maybe you will realize
  • 00:32:17
    that having a whole survey of 100
  • 00:32:19
    questions might be a little bit
  • 00:32:20
    uh unrealistic for you etc etc so here
  • 00:32:24
    this step the building and sending out
  • 00:32:26
    survey is pretty technical but also
  • 00:32:28
    there's something that you have to
  • 00:32:29
    consider moving forward
  • 00:32:32
    and then the next step once you send out
  • 00:32:33
    the survey then now is the time to
  • 00:32:35
    consolidate and validate your responses
  • 00:32:39
    and i can see here most of you are
  • 00:32:42
    already in a process of collecting data
  • 00:32:44
    for carbon
  • 00:32:45
    emissions where already have reached the
  • 00:32:47
    first milestone of your baseline your
  • 00:32:49
    carbon
  • 00:32:50
    emissions so you guys might already have
  • 00:32:52
    an idea of how how it looks like when
  • 00:32:54
    you're collecting data for your carbon
  • 00:32:56
    emissions so these things kind of go
  • 00:32:58
    from here too you're collecting
  • 00:33:00
    data regarding your esg performance no
  • 00:33:02
    matter from your company also from your
  • 00:33:04
    portfolio company
  • 00:33:06
    so
  • 00:33:07
    when we're then let's just think about
  • 00:33:08
    the structure when you're collecting
  • 00:33:09
    data for your carbon emissions the first
  • 00:33:11
    step is to inform others and mobilize
  • 00:33:13
    other people so that they know why
  • 00:33:15
    they're doing it and what they're
  • 00:33:17
    working for
  • 00:33:18
    and also the second step is also of
  • 00:33:20
    course to set up a structure with
  • 00:33:21
    deadline
  • 00:33:22
    accountability responsible people so
  • 00:33:25
    that you can create a structure that can
  • 00:33:27
    make the whole consolidation process
  • 00:33:29
    more efficiently
  • 00:33:31
    so here are the keywords
  • 00:33:33
    next slide please
  • 00:33:35
    so here the keyword is uh
  • 00:33:38
    mobilization
  • 00:33:40
    so now it revert back to the first um
  • 00:33:43
    step again right we talk about explicit
  • 00:33:46
    trigger and implicit trigger they're
  • 00:33:47
    having an impact on you so that makes
  • 00:33:50
    you want to diving deeper on the esg
  • 00:33:53
    esg topic so the same goes for people
  • 00:33:55
    who are going to fill out that report
  • 00:33:57
    too so now it's also this is
  • 00:34:00
    important for you to convey this message
  • 00:34:01
    for them knowing that this is not a
  • 00:34:03
    random question for administration this
  • 00:34:06
    is actually a
  • 00:34:08
    selection of questions that actually
  • 00:34:10
    want to
  • 00:34:11
    to have something for long-term
  • 00:34:13
    resilience and development
  • 00:34:16
    and next step please
  • 00:34:19
    i know it's a little bit tricky that
  • 00:34:21
    you have to go step by step
  • 00:34:23
    and uh yeah and then once you collect
  • 00:34:25
    all your um responses for esg uh then
  • 00:34:29
    it's time for you to take a deep look at
  • 00:34:31
    it
  • 00:34:32
    and then to what's going on
  • 00:34:34
    and then here the key words is insight
  • 00:34:37
    and reflection
  • 00:34:39
    uh next slide please
  • 00:34:42
    and
  • 00:34:43
    why
  • 00:34:44
    because just as i said
  • 00:34:46
    that esg market right now is still
  • 00:34:49
    fast developing and there's so there's
  • 00:34:51
    it's not really clearly defined so every
  • 00:34:53
    step you make it's actually you're
  • 00:34:55
    exploring yourself and then find a
  • 00:34:57
    better way to be better react to the
  • 00:34:59
    future and not only you everybody else
  • 00:35:01
    is like this even the regulatory market
  • 00:35:03
    is is like this so so this so the inside
  • 00:35:06
    here is very very important so that you
  • 00:35:08
    figure out where you stand what's your
  • 00:35:10
    pain point what are you good at
  • 00:35:13
    uh if you're a company who want to
  • 00:35:15
    report for yourself then now you it's a
  • 00:35:17
    time that you can straightforwardly have
  • 00:35:18
    a look and how is your esg performance
  • 00:35:22
    on topic that you really care about like
  • 00:35:24
    strategically speaking
  • 00:35:26
    um maybe there will be some surprise
  • 00:35:28
    popping up and you realize oh wow like
  • 00:35:30
    this is actually i took it for granted
  • 00:35:32
    it's actually working like this and
  • 00:35:33
    actually it's not working like that and
  • 00:35:34
    now it's the time for you to realize
  • 00:35:36
    okay maybe i should moving forward work
  • 00:35:38
    on this
  • 00:35:39
    and if you are an investor you requested
  • 00:35:42
    reports from your portfolio company and
  • 00:35:45
    now you will have an aggregation of the
  • 00:35:47
    of all the reports and then you can
  • 00:35:49
    either choose to dive in deep into each
  • 00:35:52
    one of your portfolio company to check
  • 00:35:54
    how is it going to each one of them or
  • 00:35:57
    you can go also aggregate everything
  • 00:35:58
    together and then take a deeper look at
  • 00:36:01
    how is the general situation of esg
  • 00:36:03
    performance in your portfolio in general
  • 00:36:05
    so that you can also strategically have
  • 00:36:07
    a look at okay is it does it really fit
  • 00:36:10
    into where i want to go in the future
  • 00:36:12
    and then if it doesn't fit how can i
  • 00:36:14
    move forward or okay maybe during the
  • 00:36:17
    course of the data collection of the esg
  • 00:36:19
    report collection there's a lot of other
  • 00:36:21
    things going on you have more strategy
  • 00:36:23
    coming out more market player coming out
  • 00:36:26
    with more regulation coming out then you
  • 00:36:27
    can strategize okay this is where i
  • 00:36:29
    where i'm from and what i how i can
  • 00:36:31
    improve moving forward
  • 00:36:34
    so it's all like a building up
  • 00:36:36
    process
  • 00:36:38
    next step please
  • 00:36:40
    and yeah and the last step is
  • 00:36:43
    communication uh well we are all
  • 00:36:45
    business who want to have a good cause
  • 00:36:46
    and who want to live up to the purpose
  • 00:36:48
    but
  • 00:36:49
    at the end of the day we also want to
  • 00:36:50
    showcase all the efforts to the
  • 00:36:52
    stakeholders that we care about right
  • 00:36:54
    um communication on the esg
  • 00:36:57
    performance help us to build up a
  • 00:36:59
    reputation to our audience
  • 00:37:01
    publicly
  • 00:37:02
    and also help you to be more
  • 00:37:04
    transparency internally externally and
  • 00:37:07
    also yes she also help you to prove that
  • 00:37:09
    or you you are making an
  • 00:37:11
    effort to live up to what you want to be
  • 00:37:14
    um so this is very important and when
  • 00:37:17
    you communicate it's also again let's
  • 00:37:19
    highlight the first step
  • 00:37:21
    look back to your motivation and your
  • 00:37:23
    original story and to take a look
  • 00:37:26
    at what you want to communicate and so
  • 00:37:28
    that and who would you would like to
  • 00:37:30
    communicate so be so be sure that it's
  • 00:37:32
    still aligned with your whole corporate
  • 00:37:34
    strategy so you're not doing this for
  • 00:37:36
    someone else and you're actually doing
  • 00:37:38
    this for yourself actually that helps
  • 00:37:40
    you to be more resilient moving forward
  • 00:37:42
    too so you can co so you can convey the
  • 00:37:45
    right message to the right audience
  • 00:37:49
    uh next step please
  • 00:37:51
    so
  • 00:37:51
    uh here
  • 00:37:53
    i i actually give some uh examples of
  • 00:37:58
    the reports the yesterday report and
  • 00:38:01
    what you can build into in the end and
  • 00:38:03
    on the right side as you can see many of
  • 00:38:05
    you by very familiar the first one is
  • 00:38:08
    the carbon emissions report
  • 00:38:10
    from our carbon emissions uh calculator
  • 00:38:13
    and this is actually definitely can be
  • 00:38:15
    of use of part of your question of the e
  • 00:38:18
    environmental questions and the other
  • 00:38:20
    two pages i just took a screenshot of um
  • 00:38:23
    of of our esg report uh generated from
  • 00:38:26
    esg model but what we can but you can
  • 00:38:29
    definitely it's very flexible how how
  • 00:38:31
    you would like to use all those data for
  • 00:38:33
    example on the left side i also uh
  • 00:38:36
    give some examples of some publicly
  • 00:38:38
    disclosed reports from other company
  • 00:38:41
    for example on the on the on the top
  • 00:38:43
    side there's you can definitely use all
  • 00:38:45
    those uh performance results as the
  • 00:38:48
    performance uh annex in any one of your
  • 00:38:51
    report that you would like to disclose
  • 00:38:53
    and on the on the left bottom quarter
  • 00:38:56
    you can also use it as just like a
  • 00:38:58
    regulation compliance report for example
  • 00:39:01
    this example is tcfd and also the right
  • 00:39:04
    corner
  • 00:39:05
    bottom corner is also something you can
  • 00:39:07
    also use from your inside that you
  • 00:39:09
    derive from the
  • 00:39:11
    from the uh from your yesterday
  • 00:39:13
    performance and make it part of your esg
  • 00:39:15
    strategy or even annual report and just
  • 00:39:18
    you wanted to know that all the sample
  • 00:39:19
    that we create is there's no like stance
  • 00:39:21
    that we said they're the best it's just
  • 00:39:23
    to give you have an overlook like an
  • 00:39:25
    overview of okay you actually have some
  • 00:39:27
    flexible use of it and that's really
  • 00:39:30
    depending on you and again that's really
  • 00:39:32
    still go back to your own story and your
  • 00:39:34
    own narrative
  • 00:39:36
    um yeah and this is actually just the um
  • 00:39:39
    end of my
  • 00:39:40
    my part and the next slide i think is a
  • 00:39:42
    key takeaway
  • 00:39:44
    and if anybody have questions feel free
  • 00:39:46
    to ask it out
  • 00:39:51
    thanks a lot for watching this webinar i
  • 00:39:53
    wish you a wonderful rest of your day
  • 00:39:55
    and feel free to reach out if you have
  • 00:39:57
    any questions
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