Socialsuite

Just Released: Logistics Industry Materiality Benchmarking Report 🚨Socialsuite's inaugural Materiality Industry Benchmarking research series took an in-depth look into the Top 300 Global Logistics companies to see how they are addressing sustainability. Based on materiality assessments—a tool companies use to identify and prioritize key sustainability topics—the report sheds light on the most critical #ESG issues confronting the logistics sector. Check out the article below for a breakdown of the report's key findings and what they mean for the future of logistics. ⬇ ⬇ For a more comprehensive analysis, download the full white paper here: https://lnkd.in/g2QZdgaA Whether you’re a logistics company looking to refine your sustainability strategy or an investor seeking to understand the sector’s sustainability risks, the report offers invaluable insights that will help you navigate this complex and rapidly evolving landscape. 🚛 🌟 #Sustainability #Logistics #ESG #Materiality #Transport #SupplyChain #SustainabilityStrategy

🌍 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗶𝗻 𝘁𝗵𝗲 𝗟𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆: 𝗔𝗿𝗲 𝗬𝗼𝘂 𝗥𝗲𝗮𝗱𝘆 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲? In a world where ESG regulations are tightening and customer expectations are shifting, how prepared is your company to meet these demands? Our latest 𝘄𝗵𝗶𝘁𝗲 𝗽𝗮𝗽𝗲𝗿 dives into the top sustainability concerns for the 𝗧𝗼𝗽 𝟯𝟬𝟬 𝗚𝗹𝗼𝗯𝗮𝗹 𝗟𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 and uncovers some surprising findings. Key insights: • 💼 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗲 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 & 𝗥𝗲𝘁𝗲𝗻𝘁𝗶𝗼𝗻 is the #1 material issue—labor shortages and high turnover are creating significant operational challenges. • 🔍 𝗢𝘃𝗲𝗿 𝟱𝟬% 𝗼𝗳 𝗹𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 are already conducting formal materiality assessments—are you among them? • 🌱 Only 47 companies flagged 𝗚𝗿𝗲𝗲𝗻𝗵𝗼𝘂𝘀𝗲 𝗚𝗮𝘀 𝗘𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 as a key concern—yet the sector is a major contributor. Is this a missed opportunity? • 📊 Most companies identify around 𝟭𝟮 𝗺𝗮𝘁𝗲𝗿𝗶𝗮𝗹 𝘁𝗼𝗽𝗶𝗰𝘀, showing they are taking sustainability seriously, without over- or underreporting on ESG metrics. Whether you’re just starting or leading the way in sustainability, these insights are critical for future-proofing your operations. Don’t miss out—see how your company compares and where there’s room for growth. Read the full white paper now to stay ahead: https://lnkd.in/g7wRk4re #Sustainability #Logistics #ESG #Materiality #Transport #SupplyChain #SustainabilityStrategy Tim Siegenbeek van Heukelom Seth Forman Abigail Ford Kai Martin, ESG-P, CC-P, PMP

🌍 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗶𝗻 𝘁𝗵𝗲 𝗟𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆: 𝗔𝗿𝗲 𝗬𝗼𝘂 𝗥𝗲𝗮𝗱𝘆 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲? In a world where ESG regulations are tightening and customer expectations are shifting, how prepared is your company to meet these demands? Our latest 𝘄𝗵𝗶𝘁𝗲 𝗽𝗮𝗽𝗲𝗿 dives into the top sustainability concerns for the 𝗧𝗼𝗽 𝟯𝟬𝟬 𝗚𝗹𝗼𝗯𝗮𝗹 𝗟𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 and uncovers some surprising findings. Key insights: • 💼 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗲 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 & 𝗥𝗲𝘁𝗲𝗻𝘁𝗶𝗼𝗻 is the #1 material issue—labor shortages and high turnover are creating significant operational challenges. • 🔍 𝗢𝘃𝗲𝗿 𝟱𝟬% 𝗼𝗳 𝗹𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 are already conducting formal materiality assessments—are you among them? • 🌱 Only 47 companies flagged 𝗚𝗿𝗲𝗲𝗻𝗵𝗼𝘂𝘀𝗲 𝗚𝗮𝘀 𝗘𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 as a key concern—yet the sector is a major contributor. Is this a missed opportunity? • 📊 Most companies identify around 𝟭𝟮 𝗺𝗮𝘁𝗲𝗿𝗶𝗮𝗹 𝘁𝗼𝗽𝗶𝗰𝘀, showing they are taking sustainability seriously, without over- or underreporting on ESG metrics. Whether you’re just starting or leading the way in sustainability, these insights are critical for future-proofing your operations. Don’t miss out—see how your company compares and where there’s room for growth. Read the full white paper now to stay ahead: https://lnkd.in/g7wRk4re #Sustainability #Logistics #ESG #Materiality #Transport #SupplyChain #SustainabilityStrategy Tim Siegenbeek van Heukelom Seth Forman Abigail Ford Kai Martin, ESG-P, CC-P, PMP

We're thrilled to see the release of Bowman Consulting Group's inaugural double materiality assessment report! 🎉 The assessment underscores the company’s commitment to enhancing its sustainability, engagement, and governance strategies and practices. "We leveraged Socialsuite's cutting-edge materiality technology platform to conduct our assessment, ensuring that our approach has been guided by and is reflective of the ever-evolving sustainability landscape." - Bowman Consulting We proudly helped Bowman in the identification of 13 key sustainability areas deemed material by stakeholders, either from an impact perspective, a financial perspective, or both. We look forward to continuing to partner with Bowman as they leverage the findings of the assessment and prioritize sustainability initiatives and transparency! Read more here: https://lnkd.in/gb-KBpRx Bruce Labovitz Seth Forman Analina Tunnell Tim Siegenbeek van Heukelom #doublemateriality #materiality #sustainability #esg #impactmateriality #financialmateriality

Global Sustainability News❗📰 Canada is making strides to set mandatory climate disclosure criteria for large private companies 🇨🇦 These disclosures will help investors understand how businesses are managing climate-related risks, ensuring that capital is allocated towards climate-aligned activities. These measures aim to 🚀 • Boost transparency • Foster investor confidence  • Combat greenwashing • Accelerate the flow of private capital into sustainable projects The Canadian government has advanced two significant sustainable finance initiatives to ensure the country meets its ambitious net-zero emissions target by 2050. To learn more, read the article below ⬇ ⬇ #climatedisclosures #sustainability #esg #globalcompliance #netzero

We talk to sustainability leaders daily who struggle to secure a budget for their ESG initiatives, targets, and goals. It's important to note that everyone's sustainability program looks different so there is no one-size-fits-all budget. Depending on who your financial decision maker is, you must consider how to build your business case. It's crucial to align your business case with your organization's main priorities so it resonates with leaders you are trying to gain buy-in from. Let's dive into key ways on 𝗛𝗼𝘄 𝘁𝗼 𝗠𝗮𝗸𝗲 𝘁𝗵𝗲 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗖𝗮𝘀𝗲 𝗳𝗼𝗿 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 ➡ 1. Legal + Compliance 2. Revenue + Growth 3. Ethics + Values 4. Systems Approach Looking to progress your sustainability journey? 🌎 Get in touch with Socialsuite today! https://lnkd.in/gtUyvtVv #sustainability #ESG #sustainabilitybudgeting #ESGprioritization #materiality #doublemateriality #ESGcompliance #responsiblebusiness

With increasing regulations around the world and evolving stakeholder expectations, #sustainability is no longer a “nice to have.” It’s now a business imperative. The introduction of stringent sustainability and #ESG compliance frameworks means organizations must act—starting with aligning their budgets to support these requirements. When budgeting for your sustainability program, there are multiple factors to consider. Keep in mind that sustainability 𝗶𝘀 𝗻𝗼𝘁 a one-size-fits-all endeavor. Read our latest blog article 𝗚𝗲𝘁𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗚𝗿𝗲𝗲𝗻 𝗟𝗶𝗴𝗵𝘁: 𝗦𝗲𝗰𝘂𝗿𝗶𝗻𝗴 𝗕𝘂𝗱𝗴𝗲𝘁 𝗳𝗼𝗿 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 🚦 🌎 to understand: • the resources you will need to budget for • sustainability as a business function • how to make the business case for sustainability • and practical actions to get started Tim Siegenbeek van Heukelom Seth Forman Jessica Richmond Sumday #sustainability #esg #budgeting #compliance #materiality #carbonaccounting #doublemateriality

What's happening in the world 🌎 🌿 𝗖𝗮𝗹𝗶𝗳𝗼𝗿𝗻𝗶𝗮 𝗮𝗱𝘃𝗮𝗻𝗰𝗲𝘀 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝗱𝗶𝘀𝗰𝗹𝗼𝘀𝘂𝗿𝗲 𝗹𝗮𝘄 Despite concerns, California upheld its 2026 climate reporting deadline for large companies, signaling strong U.S. climate action independent of SEC rulings. 𝗖𝗮𝗹𝗶𝗳𝗼𝗿𝗻𝗶𝗮'𝘀 𝗶𝗺𝗽𝗮𝗰𝘁 🌟 California's strict environmental policies often set the standard nationwide, with four states now considering similar climate disclosure laws. 𝗘𝗨 𝗱𝗲𝗳𝗼𝗿𝗲𝘀𝘁𝗮𝘁𝗶𝗼𝗻 𝗿𝘂𝗹𝗲 𝗱𝗲𝗹𝗮𝘆  The EU Commission proposes delaying its deforestation regulation (EUDR) by a year, allowing countries additional time to prepare compliance systems for blocking products linked to deforestation. #sustainability #esg #progress #climatechange #CaliforniaSB219

The Australian Accounting Standards Board has released the first Australian Sustainability Reporting Standards: ✅ AASB S1 General Requirements for Disclosure of Sustainability-related Financial Information ✅ AASB S2 Climate-related Disclosures Both now available from the AASB Standards Portal: https://lnkd.in/gmPX5weR The AASB on S1: This Standard is a voluntary Standard. Entities may elect to apply this Standard, which would require an entity to disclose information about all sustainability-related risks and opportunities that could reasonably be expected to affect the entity’s cash flows, its access to finance or cost of capital over the short, medium or long term. The AASB on S2: This Standard, when applicable, requires an entity to disclose information about climate-related risks and opportunities that could reasonably be expected to affect the entity’s cash flows, its access to finance or cost of capital over the short, medium or long term. #ASRS #AASB #AASBS1 #materiality #AASBS2 #climate #IFRS #ISSB

The Australian Sustainability Reporting Standards (ASRS) are set to take effect on 1 January 2025. Has your company assessed if and when you’ll need to comply with these mandatory climate-related disclosures? Join our upcoming webinar, where we will break down the key elements of the #ASRS and how to prepare. In this 45-minute webinar, our experts will: - Clarify which aspects are voluntary and which are mandatory - Provide actionable steps for your business to prepare for #compliance - Discuss how a materiality assessment helps companies focus on disclosing only relevant information - Ensure you are reporting with confidence! Don’t miss this opportunity to ask our experts all of your ASRS-related questions - Register now! 🖥️ Webinar: Preparing for the ASRS: Report with Confidence & Clarity 🗓️ Date:  Thursday, 10 October 2024 ⏰ Time: 10:00 am AWST // 1:00 pm AEDT 🎤 Hosts: Tim Siegenbeek van Heukelom and Ilona Marchetta  🌟 Register here: https://lnkd.in/d-C-g5bV