Thousands of SMEs with 250 or more employees will be new to the topic of sustainability due to the CSRD reporting requirement. Many of these newcomers start from scratch: There is no sustainability manager or organization for sustainability yet, little knowledge and the complexity is high. So how to get started? Newcomers can take a shortcut to quickly get their bearings and be ready to act and make decisions. The magic word is "industry benchmarking." This provides newcomers with answers to 5 questions:
Industry benchmarking compares the sustainability of industry trailblazers by sector and criteria. These give newcomers a tangible structure to hold onto for entry.
Each industry has about 5 to 10 companies that position themselves in the market as clear sustainability pioneers. In benchmarking, newcomers get to know pioneers in their own industry or in customer industries and can orient themselves on them.
When looking at the pioneers, newcomers can see where the market currently stands at the top in terms of sustainability. It is important to note that pioneers are not top per se in all areas, but that the picture is differentiated.
In order not to reinvent the wheel, newcomers can orient themselves on the best practices of the pioneers. In benchmarking, newcomers get to know between 20 and 40 best practices in a structured manner, which they can discuss and select in order to tackle them themselves in perspective.
An important insight from the benchmarking report is what preconditions other pioneers have created to be able to start and act systematically with sustainability. These prerequisites are the logical next step to start yourself.
At this year's German Sustainability Award, impressive companies with great sustainability performances were nominated...
For a long time, money was the yardstick used to measure the success of a company. As is well known, this was at the expense of other values and caused serious damage to the environment...
We are very happy to be part of the 15th German Sustainability Award as score4more: with our own booth, in the congress program and with the score4more team!