neoeco

Podcast out now! 🔉We joined Laurie Hill of Larking Gowen and Adam Soall of Loads4Less last week for Larking Gowen’s latest podcast, discussing Adam’s journey to sustainability and success and how the neoeco platform is helping him reach his goals 🌱 Tune in now ➡️ https://bit.ly/3XFYEhT Ready to meet your sustainability goals? Get started with a neoeco demo ➡️ neo.eco #sustainability #ESG #ESGreporting

What is Double Materiality and Why is it Important? 🌎⬇ With the introduction of new regulations such as the CSRD, understanding and applying #doublemateriality is essential for companies to meet the evolving demands of #ESGreporting. 💡 What Is Double Materiality? Double materiality is a reporting framework that requires companies to assess and disclose sustainability issues from two perspectives: Financial Materiality: This looks at how environmental, social, and governance (ESG) factors impact the company's financial performance and position, such as how climate change affects regulatory risks and operational costs and processes.     Impact Materiality: Impact materiality looks at how the company's operations, products, and services impact the environment and society. This includes measuring carbon emissions, biodiversity loss, social welfare, labour practices, and more. This dual approach ensures that companies consider the impacts their activities have on sustainability as well as the impacts ESG issues have on them. 💡 Why Is Double Materiality Important? Meeting Evolving Regulatory Demands: New regulations are placing greater emphasis on double materiality. Under the #CSRD, companies must evaluate #ESG risks that could financially impact their operations as well as disclose how their activities impact the environment and society. Stakeholder Expectations: Investors, customers, employees, and regulators are increasingly demanding greater transparency and accountability when it comes to #sustainability. Double materiality aligns with these expectations by providing a more holistic view of a company's ESG performance. Future-proofing: Double materiality isn't just about compliance - it’s about building a more sustainable business. Through double materiality, companies can identify risks and opportunities. 💡 Implementing Double Materiality in ESG Reporting High-quality data is critical for both financial and impact materiality reporting. Investing in software which collects, manages, and analyses ESG data all in one place to create audit-ready reports is essential for ensuring accuracy and streamlining the workflow. It’s also important to collaborate across teams - such as finance, sustainability, and legal - in order to integrate double materiality into business operations. The neoeco platform is an all-in-one, end-to-end ESG reporting solution that allows cross-functional use across teams to meet all your regulatory requirements, including CSRD. How does neoeco work? ✅ Sync your transactions by integrating to your accounting software, HR or ERP system, energy service provider, and more. ✅ Use AI to match your financial transactions to impact categories. ✅ Create audit-ready reports across multiple global frameworks. ✅ Forecast, gain insights, and set targets aligned with your sustainability goals. View virtual demo ➡ neo.eco Book full demo ➡ neo.eco/contact

It's essential for companies to make efforts to reduce their impacts on #sustainability - for the sake of the planet and for the sake of their business 🌍 A great way to get started? ESG reporting. Whilst #ESGreporting is becoming mandated, companies should use it to go beyond simply meeting regulatory requirements to enable positive sustainable change 🌱 Tools like neoeco can be used to not only create audit-ready reports aligned with global frameworks, but also to gather insights, benchmark and forecast, and set targets for reducing emissions and impacts 📉 Interested in finding out more? Book your neoeco demo ➡ neo.eco/contact

With ESG reporting becoming a priority for businesses, due to regulatory requirements as well as sustainability motives, the question that arises is: how can companies ensure that their data is credible and robust enough for their efforts to make a genuine impact? The answer - collecting primary supply chain data 📊 Read on to find out more and begin primary supply chain data collection today with neoeco's ESG reporting software ➡ neo.eco/contact #Sustainability #ESGreporting #SupplyChain #DataCollection

Last week, the neoeco team sat down with Adam Soall of Loads4Less and Laurie Hill of Larking Gowen to discuss corporate sustainability and reducing emissions - including how ESG reporting can be used to develop a sustainability strategy and minimize impacts. Meeting regulatory requirements is important - but using ESG reports to gather insights, forecast, and set targets is essential for actionable change and moving towards a more sustainable future 🌍 it's brilliant to see business leaders such as Adam Soall and Laurie Hill taking action and accountability to reduce impacts on the environment and wider sustainability concerns. neoeco's ESG reporting solution is end-to-end - meaning that you can import and measure your data, create audit-ready reports, and future-proof through forecasting and target setting - all in one place. We're looking forward to sharing the podcast with you. In the meantime, book your neoeco demo to find out more about how we can help you meet regulatory requirements and reach your sustainability goals ➡ neo.eco/contact #Sustainability #ESG #ESGreporting

As we celebrate Zero Waste Week, it's a great time to reflect on the steps we can take to build a more sustainable future and reduce our footprint - both individually and as organisations 🌱 Incorporating sustainability into your corporate strategy is not only good for the planet but also essential for long-term success and future-proofing your business. ESG reporting plays a critical role in defining your organisation’s sustainability strategy and helping you understand how to reduce your impacts. By using neoeco’s ESG reporting software, your business can go beyond meeting global regulations to enable positive sustainable change 🌎 ✅ View insights based on reports ✅ Benchmark against similar businesses  ✅ Forecast your future emissions ✅ Set goals and track progress to reduce your impacts Together, we can work to build a more sustainable future. Get started now ➡️ neo.eco/contact #ZeroWasteWeek #Sustainability #ESG #ESGReporting #GreenBusiness

In the challenging landscape of #ESGreporting, robust methodologies are essential for companies to accurately measure and communicate their sustainability performance. Among various approaches, Life Cycle Assessment (LCA) stands out as the most comprehensive and reliable method for granular data that looks at impacts across the entire lifecycle. Here's why 👇 ♻ Holistic Approach: LCA examines the entire life cycle of a product or service, from raw material extraction to end-of-life disposal. This cradle-to-grave perspective ensures no environmental impact is overlooked. 📈 Quantifiable Results: LCA provides concrete, numerical data on environmental impacts, allowing for precise measurement, benchmarking, and comparison. 🔎 Identifies Hotspots: LCA highlights the areas of greatest environmental impact, enabling companies to focus their sustainability efforts where they matter most. 📑 Standardized Methodology: LCA follows internationally recognized standards, ISO 14040 and 14044, ensuring consistency and comparability in reporting. 💡 Supports Strategic Decision-Making: The comprehensive insights from LCA encourage companies to make informed decisions supply chain management, and overall business operations and strategy. ✅ Enhances Credibility: The scientific rigor of LCA makes ESG reports using this methodology more credible, and the granular measurement of data across the entire lifecycle demonstrates accountability. This in turn builds trust with stakeholders and investors and encourages their engagement. As ESG reporting becomes increasingly crucial for business success, employing LCA as your core methodology ensures you are well-equipped to meet evolving regulatory requirements and stakeholder expectations, demonstrate your accountability and commitment to sustainability, and drive meaningful change. Book your free neoeco demo to see how our all-in-one ESG reporting solution works for your business ➡ neo.eco/contact Interested in finding out more about LCA? Take a look at our whitepaper, ‘Applying a Life Cycle Assessment Approach to Corporate Sustainability Reporting’ ➡ neo.eco/guides #Sustainability #ESG #LifeCycleAssessment #LCA

💡 Measuring and reporting on social data is becoming increasingly important for ESG reporting. Social impacts include human rights, labour practices, equality, and community impacts, and there are many factors which need to be assessed when it comes to measuring these impacts. Biodiversity within #ESGreporting refers to an organisations sustainability impacts on #biodiversity, ecosystems, and natural habitats. Whilst there are many environmental impacts associated with biodiversity loss, it is becoming increasingly important to also assess and measure how biodiversity loss impacts social factors. ⬇ Read our article to find out more about the importance of social biodiversity in ESG reporting and what the key social biodiversity impacts are. ➡ Contact us to get started with ESG reporting and measuring your social impacts, and to book your free demo for our sustainability reporting tool 👉 neo.eco/contact #sustainability #socialdata #socialimpacts #ESG

Are you ready to elevate your sustainability reporting? Join our webinar discussing the Life Cycle Assessment approach to corporate sustainability reporting. The Life Cycle Assessment approach looks at a product's impacts on sustainability across it's entire life cycle - from raw material extraction to end-of-use. This methodology ensures granular data that provides a true representation of your company's sustainability impacts for comprehensive ESG reporting and actionable insights. ✅ What You'll Learn: Introduction to Life Cycle Assessment (LCA) Implementing LCA in your organisation Expert insights and best practices   ✅ Why Attend? Gain in-depth knowledge Network with experts Enhance your reporting skills ➡ Webinar signup 👉 neo.eco/webinars To find out more about the LCA approach for ESG reporting with neoeco's software, view our recent whitepaper ➡ neo.eco/guides To book a demo of our ESG reporting software, click here ➡ https://lnkd.in/eWhj7Zv7 #LifeCycleAssessment #sustainability #ESGreporting

Master your ESG reporting using the Life Cycle Assessment approach to collect granular data across your product’s entire life cycle. neoeco’s end-to-end ESG reporting software uses LCA methodology to gather comprehensive impact measurements in order to create effortless audit-ready sustainability reports across multiple frameworks, as well as the ability to forecast and plan for future-proofing. Benefits: 🌍 Meet and exceed global regulatory requirements  🌱 True representation of sustainability impacts across entire supply chain  ✅ Demonstrate transparency and accountability 📈 Increased stakeholder engagement 📊 Actionable insights for strategic decision making and impact reduction Sign up to our webinar to find out more about Life Cycle Assessment: 🔊 Mastering Life Cycle Assessment for Sustainability Reporting ➡️ https://lnkd.in/e_u6iFkT