ESG The company measure points and better future sustainability.
Company and ESG
A company will report on ESG – Metrics that guide customers, stakeholders, investors, and analysts into knowing, which company you are.
ESG stands with the 17 world goals.
ESG is an accountability guidelines.
The Environmental – it is about the environment – as we know very well.
The Social on how we do it.
Governance on how to ensure our own approach to the right data and information.
The 3 letters each represent points that affect the identity of the company and comparison with other companies.
The 3 letters tell about companies’ sustainable value creation, give a comparison of ratios, to customers, investors and analysts.
This reinforces the requirement for all companies to make relevant and robust data available simply and easily.
That is why we at Flexco have developed a tool that can help support the provision of correct key figures.
The competitive market of the future offers that we must be able to quickly get an overview of what company we are dealing with and, in the case of the company, it must quickly be able to easily and efficiently adapt, optimize and improve.
Why a software tool.
The software brings together multiple processes and automates them and today we are more adept at developing software that automates complex actions, to ensure it goes fast, simple, and easy. We use software to secure, optimize and improve processes in the company.
At Flexco, we have created software that automates and optimizes the process to retrieve information, analyze information, and document information.
Flexco’s software retrieves data, analyzes data, and makes documentation automatically as you have defined it. Simply and easily, anyone who needs an overview documented in a unified chain can retrieve information, analyze and document without having to maintain and update the software all the time.
How do we do it today?
How do we bring data in today, either we create an excel file and send it out to the right company or person? Or we find data in our ERP system, which is collected in an excel sheet, where we spend time cleaning and ensuring that it is the right information we have.
Today we use excel to consolidate and analyze the data we have. It takes time and is risk deft.
Today we change our PowerPoint and Word documents to PDF to make sure we have the right documentation.
Common to our solution today is that we use different software systems to analyze and document the information and facts we need in order to make decisions and make improvements for the company.
At Flexco, we’ve put it together.
This means that you define your assessment, checklist, or protocol and with an email can address all your respondents.
When your respondents tap in their responses, the Flexco software will automatically detect, analyze and document the responders in real-time. So you save a lot of time, as you immediately have the answers.
In addition to simply and easily getting analysis and documentation, the software tool compliant with ISO 27001 GDPR rules and software can be validated by your company. In general, you also get your own logo, audit, as well as the possibility of single and easy to have all files version, analysis, and documentation gathered in one place and in a chain. You should never again be in any doubt about where the data comes from or about the date validity.
The software is provided as a SAAS (Software as is) or On-site with Flexco maintenance.
Flexco offers you improvement and optimization, and Flexco gives you security and validity in your analysis and documentation while saving you time and money.
Why do we need to analyze and document better in the future?
New rules and new requirements from the EU.
The EU Corporate Sustainability Reporting Directive is yet another new directive that will expand and strengthen existing sustainability reporting requirements. The CSRD Directive applies to companies listed on a regulated market in the EU and meets two of the following three criteria:
– > 250 full-time employees
– > 20 million Euro balance sheet
– Net sales > 40 million Euro.
What are CSRD and ESG
CSRD will replace the current Non-Financial Reporting Directive (NFRD) and ensure reporting.
The ESG shall ensure measuring points:
Together, they must ensure the reporting framework.
ESG is about metrics and the need to give stakeholders, investors key figures they can compare with across different companies, ESG ratios have already been established and put into use by several Danish larger companies.
It is measured on the points that create value and influence.
E-nvirontment (individual environmental footprint)
CO2 emissions with strategic reduction targets.
In addition, Danish companies are subject to EU legislation.
- Use of waste
Gives a picture of how the company uses the world’s resources.
S-ocial (which deals with people’s well-being and justice)
A key figure is relevant for safety at work and risk assessment.
Employee engagement or satisfaction
Well-being feeling good in the room, the fact is that happy employees are more productive.
Employee training or development
A company reporting on employee training and development is given a signal of willingness to invest in employees.
Kravet to diversity, these are the company’s strategic priorities.
Stress is a folk disease, it is our mental health En company reports on Stress give a signal of the importance of well-being.
G-overnance (how to do it)
What matters and provides value that has employees right IT tools, real work balance
Ethics and requirements in value chains and business
Evaluation of partner and requirements.
Code of Conduct,
The måden and guidelines,
How the company works with accountability and employee behavior and awareness of how.
A new EU directive to ensure that guidelines and rules are followed by the company.
With Flexco tools, it is simple and easy to build the key figures that will help secure the company in the future competitive market.
The new rules require how the company will show its results.
ESG gives a good idea of how companies’ reputations will be established in the future and how the company will attract the right employees, stakeholders, investors, and why it will be so important for companies to be able to easily and easily establish the right analyses and documentation for future sustainability performance.
ESG offers companies metrics that make it simple and easy to compare, value, and gain insight into each company.
ESG provides metrics for the EU Sustainability Reporting Directive (CSRD).
This means that several aspects of the business are brought into play, the way business is run, the framework set by the board, and the business ethics under which work is carried out.
The clay style used and the culture the company builds in relation to stakeholders, employees, and business partners.
In the future, companies will be measured in much more than results alone.
Therefore, companies must also have a tool that can simply and easily support establishing the measuring points that provide value for the company’s reputation and recognition to customers and investors, as well as attracting the right partners and employees.
The future competition market with a well-documented value chain secures the entire chain.