On November 20, from 10:00 to 11:00 at the Luxembourg Pavilion, the Task Force will host a session titled “Mobilizing Private Finance for Biodiversity: From Local Innovations to Scalable Models Delivering on Rio Conventions’ Targets.”

This session will look at how financial actors can support conservation, climate action, and land restoration. The focus will be on practical pathways that strengthen community wellbeing and uphold human rights while channeling more capital toward nature positive outcomes.

If you are attending COP30 and will be in Belém, we would be very happy to welcome you.

We want to thank our partners of the Task Force and are looking forward to continuing our work to mobilize private funding for biodiversity.

A few days ago, I watched Dr. Jane Goodall’s final message to the world — recorded to be released only after her death. Even after a lifetime of conservation work, she chose to leave us not with despair, but with a plea for hope.

That struck a chord.

If you’ve dedicated your career to positive impact, you’ve probably felt this too, the fatigue that comes from caring deeply in a world that seems to care less. It’s easy to grow cynical. To question whether individual effort still matters.

But Jane’s message reminded us that hope is not the absence of pain — it’s the decision to act despite it.

And many of us are still doing exactly that.

Don’t lose hope. If you lose hope, you become apathetic and do nothing.
Dr. Jane Goodall,

Still in the trenches

At Quest, we continue helping organizations lead positive change rather than chase it — translating purpose into tangible strategies, products, and partnerships that make sustainability not just a value, but a competitive advantage.

And with Habitats, we’re still launching wildly ambitious nature conservation and restoration projects.

Are we sometimes idealistic? Maybe.
But I’d argue it’s actually naïve not to act.

Empathy as our core weapon

Everyone’s talking about the need to “invest in defence.” I think we should, just not the kind that relies on walls or weapons.

Our defence is empathy.

Empathy is what keeps us listening, adapting, and collaborating when things get tough. It’s what allows us to see systems, not silos. To build bridges between business and biodiversity, between purpose and performance.

When empathy becomes your core weapon, every reason to give up becomes your reason to act.

I want to make sure that you all understand that each and every one of you has a role to play. You may not know it, you may not find it, but your life matters — and you are here for a reason.
Dr. Jane Goodall,

That reason, for many of us, is to keep showing that hope is not passive.
Hope is a practice.
It’s the daily choice to believe that what we do still matters. Because it does.

So yes, it’s been a hard few years.
But we’re still here. Still building. Still believing.
And that, I  hope, would make Jane smile.

Picture credit: Jane Goodall Institute

Quest is expanding its presence in Europe with a new office in Luxembourg, strengthening its role as a partner in sustainability consulting and biodiversity/nature strategy. By expanding to one of Europe’s leading hubs for sustainable finance and corporate responsibility, Quest is now more set than ever to help organizations navigate the future of sustainability, biodiversity, and impact-driven growth.

Why Luxembourg?

Luxembourg has rapidly positioned itself as a hub for sustainable finance and corporate sustainability leadership. With strong networks in finance, business, and policy, the country offers a unique environment for pioneering initiatives that align economic growth with biodiversity protection.

Michael Boschmans
"Luxembourg is at the crossroads of finance, sustainability, and innovation. It’s the perfect place to accelerate our mission: supporting businesses and investors to integrate biodiversity and nature strategies into their operations. With Raf leading the way, we’re building a bridge between strategy, action, and measurable impact."
Michael Boschmans, Founder Quest

Raf Stassen brings strong biodiversity and NGO expertise

Heading the new office is Raf Stassen, a seasoned leader in biodiversity and NGO development. Raf is not only a co-founder of Habitats (the nonprofit co-founded by Quest dedicated to nature conservation and restoration) but also brings extensive experience from senior roles at family funds and NGOs including Broederlijk Delen and Fundacion Jocotoco (Ecuador). His expertise in both creating biodiversity strategies and organizational development for NGOs makes him the perfect fit to guide Quest’s next chapter in Luxembourg.

With Raf, we also integrate Biota, another company he co-founded focusing on ecological studies and biodiversity assessments, into our impact-driven ecosystem.

Raf STassen

Off to a strong start

Quest Luxembourg is already working on projects that reflect its mission and ambition:

  • Partnering with IMS Luxembourg to co-develop biodiversity strategies for businesses.
  • Launching the Finance for Biodiversity Taskforce with partners including Innpact, Graine De Vie and Rio Impact, to mobilize the financial sector towards nature-positive investments.

These initiatives signal Quest’s unique role at the intersection of biodiversity, sustainability consulting, and finance.

About Quest

Quest is an international impact consultancy that helps organizations design strategies, build coalitions, and unlock opportunities in climate, biodiversity, circular economy, and social impact. With offices in Ghent and Luxembourg, and strong ties to its nonprofit arm Habitats, Quest brings both expertise and action to the global sustainability movement.

Sustainability has finally entered the boardroom. But many companies still overlook one of their biggest blind spots: the hidden environmental and social risks buried deep within their supply chains.

It’s no longer enough to track carbon emissions at headquarters or publish a glossy sustainability report. Real impact and real risk lives further upstream: in farms, factories, forests, and freight. And unless those risks are understood and addressed, companies leave themselves vulnerable to disruption, liability, and reputational damage.

Let’s break down the most common and overlooked supply chain risks that are costing businesses more than they think.

Deforestation and Land Use Changes

Your raw materials might be driving nature loss without you knowing it. Products like palm oil, soy, leather, cotton, and rubber are closely tied to deforestation, biodiversity decline, and land rights violations. Even if you don’t source directly from high-risk regions, indirect suppliers often do. Without traceability and no-deforestation commitments, brands risk contributing to ecosystem collapse and breaching emerging EU laws like the Deforestation Regulation (EUDR).

Labor Exploitation and Poor Working Conditions

Without people, you don’t have a product nor a service. And the truth is that still today, supply chains are more often than not built on hidden human costs. Wages below living standards, excessive working hours, unsafe environments, and even child or forced labor are still widespread in many sectors. With mandatory human rights due diligence legislation rolling out across the EU, these risks are now legal liabilities, not just ethical issues.

Water Scarcity and Pollution

We are running out water and the stats are alarming. Water is a key input in agriculture, textiles, and manufacturing but most companies don’t measure their water footprint beyond direct operations. In reality, their biggest water risks lie upstream. Suppliers in water-stressed regions may be competing with local communities for access or discharging untreated wastewater into ecosystems. These risks can trigger worker revolts, reputational damage, operational halts, or NGO-led campaigns.

Climate Vulnerability and Disruption

Climate risks in supply chains are not just about carbon. Floods, droughts, wildfires, and heatwaves are already disrupting harvests, logistics, and energy supplies, especially in vulnerable regions. Companies that fail to model these risks or build diversified, climate-resilient sourcing strategies may face shortages, price spikes, or product recalls.

What can be done?

Most businesses only track Tier 1 suppliers. But the real issues such as deforestation, forced labor, or biodiversity loss usually lie in Tiers 2, 3, and beyond. Without full value chain visibility, companies can’t act on risks or validate claims. And with growing investor pressure for Scope 3 disclosures, this opacity is a ticking time bomb.

Most supply chains are complex, global, and fast-moving. But that doesn’t mean they’re unmanageable. Supply chain due diligence is an increasingly important factor in a changing world (and we can help you managing it!). You can start by:

  • Mapping your upstream and downstream risks
  • Engaging suppliers to collect better data
  • Embedding ESG performance into procurement decisions
  • Setting credible targets for forests, water, human rights, and climate
  • Aligning with frameworks like TNFD

Are you ready to take action within your supply chains?

We can help you on your journey!

The linear economy—take, make, use, waste—is no longer sustainable. It extracts finite resources, creates stranded value, and generates emissions and pollution businesses can no longer ignore. In a world shaped by resource scarcity, rising costs, regulatory pressure, and changing consumer expectations, circularity isn’t just a sustainability trend: it has become a strategic imperative.

Circular business models offer a smarter way forward. They reduce dependency on virgin materials, design waste out of systems, unlock new revenue streams, and build resilience across the value chain. For businesses ready to lead, circularity isn’t about doing less harm but about creating more value.

Waste is a design flaw and a business opportunity

Most waste is not inevitable. It’s the result of linear design such as products built for single use, packaging that can’t be reused, systems that fail to capture value after first use. Circularity flips this thinking: waste becomes a design challenge, and solving it unlocks operational savings, customer loyalty, and sustainability impact. Companies that rethink design—of products, services, and systems—can identify untapped value streams, from resale and reuse to resource recovery and regenerative sourcing.

The Circular Economy builds resilience

Linear supply chains are fragile. They rely on global networks of virgin materials that are increasingly volatile, from minerals and metals to water and textiles. Circular models help businesses reduce risk, secure supply, and better navigate market shocks. In many ways, it reduces the reliance on extraction and long-haul logistics, aligning business continuity with planetary boundaries.

Circular business models drive innovation

Circularity isn’t just a sustainability strateg but a business model innovation opportunity. It enables new ways to deliver value, from product-as-a-service to sharing platforms, resale channels, and circular inputs. Applying design thinking and circular principles leads to creative solutions that serve real user needs while extending product life and reducing impact. These models also build stronger customer relationships, loyality, and retention.

Policy and markets are shifting

Regulations like the EU Green Deal, ESPR, and CSRD are moving circularity from voluntary to expected. Specific sectors such as food and fashion, now even have specific rules to drive towards circular business models. Additionally, investors, clients, and procurement teams increasingly demand proof of circular action, be it material reuse, waste minimization, or circular design. Early movers will not only be more compliant but also more competitive. Companies that embed circularity now are shaping the standards others will have to follow.

Why do organizations struggle?

Despite growing momentum, many companies struggle to activate circularity. Silos between departments, short-term KPIs, lack of supplier visibility, and unclear ROI often hold back innovation.

At Quest, we help businesses design, test, and scale circular strategies that are grounded in real systems, real people, and real value. Whether you’re just starting out or scaling an existing initiative, we can support you!

Are you ready to take action?

Reach out to find out more!

EcoVadis used to be something only sustainability teams or procurement departments had on their radar. Not anymore.

With over 100,000 companies assessed in more than 175 countries, EcoVadis has become one of the most influential platforms in the global business world. Whether you’re in supply chain, sales, marketing, HR, EcoVadis might already be shaping the way your company operates, communicates, and grows. So why should everyone care? Here’s what makes it matter.

 It reflects your company’s values and impact

At its core, EcoVadis evaluates how well your business is managing environmental, social, and ethical issues. That includes climate action, human rights, diversity, sustainable procurement, anti-corruption, and more.  The real value lies in using EcoVadis as a diagnostic tool. It shows where you’re strong, where you’re falling short, and how to get better. If your company says it’s committed to sustainability or responsible business, EcoVadis helps verify whether that’s true with evidence.

Your score builds (or breaks) trust

Buyers increasingly use EcoVadis ratings to decide which suppliers to keep, partner with, or reward. A low score can put contracts at risk, while a strong score signals credibility, transparency, and leadership. This means the rating can influence customer relationships, PR positioning, and even recruitment.

 It forces you to connect the dots

EcoVadis looks at how sustainability is managed and pushes you to write clear policies, set measurable targets, and track progress with data. Most importantly, it forces you to involve suppliers and integrate ESG across all departments. Everyone plays a part.

Why Investing in EcoVadis Pays Off

Investing in EcoVadis isn’t just about getting a higher score—it’s a strategic investment in:

  • Revenue opportunities through access to new clients and markets
  • Operational efficiency by reducing duplicated audits
  • Brand credibility and stakeholder trust
  • Continuous ESG improvement through clear feedback loops
  • Supply chain risk management in a complex regulatory landscape

At Quest, we help businesses go beyond surface-level compliance to build meaningful, integrated sustainability systems. We guide you in understanding the methodology, gathering and preparing the right documentation, and Identifying gaps and improvement areas.

We believe EcoVadis can be more than just a score. It can be a catalyst for credible change if approached with the right mindset and support.

Are you ready to get certified?

We can help you on your journey!

Food waste is one of the most overlooked problems in our global food system. We throw away nearly a third of all food produced worldwide, wasting not just meals but also the water, energy, labor, and land that went into growing it. Yet much of what we think we know about food waste is wrong. From misplaced blame to “quick fixes” that don’t actually solve the issue, myths around food waste keep us from making real progress. It’s time to set the record straight and focus on what truly makes a difference.

So what are the most common misconceptions?

Myth #1:  Most food waste happens in households

It’s true that households waste a significant amount of food, but a large share of food never even makes it to people’s kitchens. Across the supply chain, food is lost during production, transport, storage, and preparation. Restaurants, hotels, and other large-scale kitchens often overproduce to meet unpredictable demand, leading to waste long before consumers are involved. Focusing only on household waste ignores a huge opportunity to cut food waste earlier in the system, where prevention measures can have the biggest impact.

Myth #2:  Composting is the ultimate solution

While composting is far better than sending food waste to landfill, it’s not a real solution to the problem. It’s a way of dealing with waste after it’s already happened. The environmental resources used to grow, process, and transport that food are still lost. The biggest win comes from preventing food waste in the first place, followed by redistributing surplus to feed people. Composting should be a last resort, not the first thing businesses and households think of when dealing with excess / surplus food.

 

Myth #3: Buffets are the main culprit

Buffets often get a bad reputation for waste, but overproduction is a much larger issue that affects many types of kitchens. Hotels and restaurants frequently prepare more food than needed to avoid running out or to meet guest expectations of abundance. Even à la carte menus and events with plated service can lead to high levels of waste if forecasting is inaccurate. Buffets can be redesigned to reduce waste, but focusing only on them ignores systemic inefficiencies throughout professional kitchens. Capacity building and training plays a big role in getting everyone aligned!

 

Myth #4: Food waste is unavoidable

Many people believe food waste is simply the cost of doing business in kitchens or a natural part of cooking at home. In reality, proven strategies can reduce waste by 30–50%. From better inventory tracking and smarter menu planning in restaurants and hotels, to improved storage and portion management at home, food waste can be cut drastically. The tools and best practices exist. The only thing missing is awareness and widespread adoption of these solutions.

 

Myth #5: Expired food is always unsafe

The confusion between “best-before” and “use-by” dates is one of the biggest drivers of avoidable food waste globally. Best-before dates are about quality, not safety. Food is often still perfectly good days or weeks after this date. You can instead use your sense look, smell, and taste whether that food is still edible or not. Use-by dates, on the other hand, indicate food safety and should be respected. This misunderstanding leads to massive amounts of edible food being discarded every day, both in homes and in large-scale kitchens, contributing to unnecessary waste and lost resources.

There is so much that can be done!

Food waste isn’t inevitable. It’s a problem built on misconceptions, outdated practices, and habits we’ve come to accept as normal. By busting these myths, we open the door to better solutions: smarter planning, redistribution, education, and a mindset shift that values food as the precious resource it is. Whether you’re cooking at home, running a hotel kitchen, or managing large-scale events, reducing food waste is possible. It all starts with challenging what we think we know, and as food waste experts we can support you on that journey!

Are you ready to take action on food waste?

We can help you on your journey to towards zero waste!

Biodiversity isn’t just a conservation topic: it’s the invisible foundation of modern business. From supply chain stability and risk exposure to brand resilience and innovation, the loss of nature jeopardizes operations and growth. More than 50% of global GDP is dependent on biodiversity – and biodiversity loss impacts all industries. 

Yet, most companies still treat biodiversity as abstract or external. The reality is clear: biodiversity loss is a pressing business issue with direct operational, financial, and reputational consequences. Here are four reasons nature belongs at the center of your strategy, and why waiting is no longer an option.

 

 

So why is it so crucial for organizations?

Operational Dependence on Nature

Businesses rely on soil, water, pollinators, and healthy ecosystems. Disruptions like pollinator collapse or soil degradation can immediately impact yield, input costs, and supply reliability. Yet these dependencies often go unnoticed in supply chain planning until it’s too late to respond effectively. Ignoring them leaves businesses exposed; acting on them builds long-term resilience and competitive edge.

 

Supply Chain Risk & Resilience

Nature degradation such as deforestation, water stress, or habitat damage can derail sourcing from key regions. Companies must anticipate environmental stressors to build resilient supply lines. Biodiversity-aware sourcing allows businesses to proactively manage risk and reduce vulnerability to local ecosystem shocks.

 

 

 Investor Expectations & Regulatory Pressure

Frameworks like TNFD, the EU Green Deal, and CSRD are elevating biodiversity in ESG reporting. Businesses without clear biodiversity strategies may face regulatory risk and investor scrutiny. Forward-looking companies are already aligning with nature-related frameworks to future-proof their reporting and stakeholder trust. Nature-related disclosures are quickly becoming a non-negotiable part of sustainability governance.

 

 Innovation & New Business Models

Biodiversity strategies unlock regenerative sourcing, circular design, and new value chains, fostering innovation, collaboration, and long-term resilience.  Nature-inspired innovation opens up new markets and opportunities, strengthens supplier partnerships, and encourages cross-sector collaboration. Forward-thinking companies are already turning nature-positive models into real competitive advantage.

 

Why do organisations struggle and what can they do?

Nature is often not embedded into core business decision-making and processes such as procurement or risk management, limiting effective action. Businesses often stall on biodiversity because it’s complex to measure, context-based, and outside traditional metrics like carbon. Without clarity on where to start or how to track progress, nature stays on the sidelines of strategy. Worst of all, t is a new concept that many fail to fully grasp or wrap their heads around.

At Quest, we turn biodiversity from an abstract concept into a strategic business asset. We begin by identifying where your operations depend on and impact nature. From there, we co-create a clear, actionable biodiversity roadmap with measurable targets, priority interventions, and stakeholder alignment. We help simplify complexity into decision-ready insight, integrating biodiversity into operations, reporting, and innovation. With this approach, biodiversity becomes a source of business resilience, not risk.

Are you ready to take action for nature?

We can help you on your journey to nature-positivity.

What are alt tags?

Alt tags are brief descriptions embedded within an image’s HTML code that describe what the image depicts. These descriptions serve multiple purposes: they provide essential information to people who cannot see the images, ensure that search engines understand the content of the images, and appear on the page when images fail to load due to connectivity issues.

To put it simply, alt tags are the key to making sure that images are not just decorative elements but informative and accessible to all users.

The role of alt tags in digital accessibility

The web should be a place where everyone can access information equally. For people with visual impairments, screen readers are essential tools that interpret web content. However, without alt tags, screen readers cannot convey what an image represents, effectively leaving users in the dark. This exclusionary practice can harm a brand’s reputation and alienate a significant portion of the audience.

Alt tags ensure that visually impaired users can fully engage with content by providing descriptions of images that might otherwise go unnoticed. For instance, instead of a screen reader announcing “image,” it can convey “man doing yoga in front of the ocean”, offering context and meaning. But if you run a company focused on personal workout coaching, for instance, you might want to add which muscle(s) this person is stretching and how he’s doing that.

Man doing yoga in front of the ocean

The SEO benefits of alt tags

Beyond their accessibility advantages, alt tags also serve as a vital component of SEO strategies. Search engines like Google use alt text to understand the content of images, which can help improve a website’s ranking in search results. For example, if you run a blog about travel gear, including the phrase “best carry-on luggage” in your alt text can make your site more discoverable for related searches.

This dual function of alt tags — as a tool for accessibility and a means to enhance SEO — makes them indispensable in modern web design.

Best practices for writing effective alt tags

Creating alt tags that are both descriptive and concise is an art. Here are some best practices to ensure your alt tags are impactful:

  1. Prioritize context: Describe the image in a way that adds value to the surrounding content. For example, “labrador playing in the park” might be appropriate for a pet care blog, whereas “adopt a labrador puppy” could be more relevant for an adoption site.
  2. Avoid redundancies: Skip phrases like “image of” or “photo of,” which are unnecessary. The alt tag should go straight to the point, focusing on what’s essential about the image.
  3. Incorporate keywords thoughtfully: While it’s important to include keywords to boost SEO, they should be used naturally within the description. Keywords should not compromise the clarity and usefulness of the alt text.
  4. Omit decorative images: Not all images need alt text. If an image is purely decorative, it’s better to use an empty alt attribute (alt=””) so that screen readers can skip over it. This prevents confusion and keeps the focus on content that adds value.

Conclusion: alt tags as a pillar of digital inclusivity

In today’s digital age, where inclusivity is no longer just a buzzword but a necessity, alt tags are a simple yet powerful tool to ensure that your content is accessible to everyone. By thoughtfully crafting alt text, you can make your website more welcoming to users with visual impairments and improve your visibility in search engine results.

Incorporating alt tags into your content strategy is not just a technical task, it’s a commitment to making the web a more inclusive space. As you build and grow your digital presence, remember that accessibility starts with the details, and alt tags are one of the most important details you can focus on.

Ever since the Paris Agreement came into fruition almost ten years ago, worldwide consensus has been to remove carbon from the atmosphere whilst reducing our greenhouse gas (GHG) emissions with the hope of reaching net zero by the middle of the century. It is our beacon of hope in transitioning towards a more regenerative and renewable future. With the largest chunk of GHG emissions associated with climate breakdown coming from business-driven economic activities, it is clear that organizations across sectors have a massive role to play today and tomorrow.

But what does net zero even mean?

In a nutshell, net zero represents a state in which GHG emissions from human activities and the removal of these gases are balanced over a given period of time. This entails removing as many emissions as we produce. While it may seem like a great idea in principle, achieving net zero remains challenging for many companies in practice as it requires innovative technologies and cooperation across the entire value chain.

How do we achieve net zero?

As more companies are exposed to risks imposed by the climate crisis and other external pressures, more and more of them are adopting specific targets and strategies to do something about it. They set targets and bold ambitions with a combination of different approaches to reach net zero

  • Actions to reduce their own emissions as well as those across their value chain
  • Actions to directly remove greenhouse gasses from the atmosphere
  • Actions to offset their emissions by purchasing carbon credits

Why is it a problem to solely focus on GHG emissions?

Today it often appears that GHG emissions are the only source of damage inflicted by humanity on our planet. It causes all efforts to be focused on that rather than looking at the bigger picture. It diverts attention from other pressing environmental issues that need our attention. This prompts the question: has net zero purely become a misleading and unhelpful badge that companies strive for? Time to look at three key issues behind net zero.

Issues with net zero summed in an infographic

Issue #1 – Setting a target with no concrete action

Net zero claims vary enormously in terms of credibility. To date, there is no binding regulation requiring a transition to net zero, meaning that commitments and targets are purely made on a voluntary basis with little to no accountability, transparency or enforcement. Despite numerous promises and goals made in the past, few have been achieved. While some companies embark on clearly-defined pathways to reduce GHG emissions like Science Based Targets, even these initiatives have come under recent scrutiny for allowing the offsetting of Scope 3 emissions.  Now more than ever, companies are jumping on the bandwagon making ambitious pledges to reach net zero emissions by 2050. Yet, many are uncertain where to even get started…

Issue #2 – Compensating emissions through offsets

Many companies have embarked on a sustainability journey that requires the bare minimum. They base their efforts on continuing with business as usual and to instead rely on carbon offsets to make amends for the damage they cause. They compensate for their emissions by investing in projects that remove greenhouse gasses from the atmosphere, such as tree planting . The classic ‘burn now, pay later’ approach undermines the urgency of emission reductions by actively postponing action. 

To set the record straight here, not all offsetting schemes lack positive impact. However, the real issue is the lack of measurement and quality control coupled with companies’ over-reliance on doing what they have always been doing without prioritizing the reduction of emissions. They instead compensate and feel that they are off the hook without having to change their own operations.

Issue #3 – Falling into the carbon tunnel vision trap 

There is no doubt that limiting GHG emissions is imperative to fighting the climate crisis. GHG emissions are the primary contributor to global warming, making their reduction imperative for our future. It is therefore understandable that they are a common feature in most sustainability strategies out there. 

However, this focus can lead to some misunderstandings. A comprehensive sustainability strategy should not solely focus on a narrow concept of net zero, but instead encompass a broad range of challenges, risks, and implications. A narrow focus on carbon emissions can limit our ability to  drive impactful action by narrowly emphasizing on one metric alone: GHG emissions. This blind spot causes us to overlook other significant aspects integral to sustainability and ESG.

How can we adopt systemic thinking?

To achieve widespread and lasting impact, we must adopt holistic and system thinking in our approach to sustainability. Broadening horizons will not only allow us to explore new opportunities but also address present and future risks comprehensively. 

There are a myriad of complex and interrelated factors that go far beyond GHG emissions. From soil degradation to desertification, from water pollution to biodiversity loss, our planet is facing a range of inextricably intertwined issues all related to net zero emissions. By overwhelmingly focusing on emissions, we have neglected our greatest ally in taking out CO2e from the atmosphere and storing it away: nature. Without nature, achieving net zero is unattainable.

Using double materiality to focus your priorities

The question that arises now is: what should we prioritize instead? For actionable steps and a comprehensive sustainability approach, we can turn to a double materiality assessment. A strategic and impactful way of addressing the most pressing ESG risks and opportunities that your business may face. Instead of providing a long list for you to tackle, double materiality checks for interdependencies by clustering them into well-defined factors to consider. It looks at the impact that your business has on the planet and society, whilst also unfolding the potential impact a changing planet will have on your operations. By taking into account all stakeholders, a business can then prioritize which issues to focus on first and therefore not overlook new potential possibilities to drive meaningful, impactful action.

Conclusion

The need to go beyond GHG emissions does by no means downplay the value of reducing and removing emissions. Instead, it highlights the necessity of  taking comprehensive and holistic action across various sustainability dimensions. The planetary crisis we face is multifaceted and interconnected, and so should also be our approach to combating it.

How can we help?

Our Double Materiality Assessment not only analyzes the external impact on your finances but also scrutinizes the impact your company has on the planet and people. We help you shape a relevant, multidimensional sustainability strategy by looking at all essential ESG aspects of your business.