MILAN (ITALPRESS) – Corporate sustainability is not a trend or a marketing strategy but a real commitment to ensure a healthy Planet for future generations. Responsible economic development of a more conscious society. Sustainable businesses can and must play a crucial role in achieving the Sustainable Development Goals outlined in the 2030 Agenda, calling on ethical business that can bring new market opportunities, improve corporate reputation and ensure long-term profitability. Indeed, more and more consumers and investors are giving weight to the environmental impact of business activities, and this influences their consumption and investment decisions. In a complex and ever-changing regulatory environment, the sustainability report is an incentive for companies that aspire to promote their commitment to reducing the environmental and socioeconomic impact of their activities. A focus on new European regulations affecting ESG reporting, a central issue for companies of all sizes, was addressed at the event “Sustainability Reporting: data transparency and credibility. An EcoDigital Challenge,” sponsored by the EcoDigital Network and the UniVerde Foundation, in collaboration with TreeBlock and Asacert, which was held in Milan at W Executive’s headquarters at Palazzo Bocconi and streamed live on Radio Radicale. Italpress among the Media partners.
“The Sustainability Report is an important challenge to create the true circular economy, including the ecological and digital innovations that are needed to overcome the challenge of climate change,” said Alfonso Pecoraro Scanio, president of the UniVerde Foundation and promoter of the EcoDigital Network. “It is important that the reports are certified, verifiable and that the procedures are not limited to a merely bureaucratic application. This is what today’s initiative is all about, with the involvement of companies that can provide quality in measuring business performance. The monitoring of environmental, social and governance sustainability takes on fundamental importance in adapting to changing regulatory and market scenarios. It is a strong signal that many Italian companies, even those not immediately obliged to take on the challenge of the Sustainability Report, are gearing up to implement it by inspiring trust, transparency and a sense of community and collaboration toward corporate goals.”
For Stefan Grbovic, CEO and Co-Founder of TreeBlock, “Regulatory developments in the ESG arena are forcing companies to adopt effective solutions to ensure transparency and compliance. TreeBlock ONE was created to simplify the management of sustainability data by centralizing it in a single platform and automating collection, analysis and reporting processes. Thanks to the synergy with Asacert, we offer a complete path: from digitization of reporting to independent verification through assurance activities. This integrated approach reduces the risk of errors, improves the reliability of information and enables companies to address regulatory obligations with greater confidence, turning compliance into a strategic opportunity.”
Fabrizio Capaccioli (CEO of Asacert): “ESG reporting can no longer be based on self-referential statements. The entry into force of CSRD-with the simplifications in the pipeline-imposes the requirement for companies to provide verifiable data that conforms to rigorous standards, transforming assurance from a mere option to an essential requirement, making sustainability a strategic asset and not a bureaucratic constraint. ASACERT | CSR, as a registered auditor, supports companies in validating their commitment to sustainability, ensuring that ESG information is not just stated, but demonstrated and recognized by the global marketplace.”
The event was opened with a welcome greeting from Ottavio Maria Campigli (Senior Equity Partner and Founder of W Executive): “It is an honor to host this event dedicated to a crucial topic for the future of companies: ESG reporting. The regulatory evolution in ESG, with the adoption of the Corporate Sustainability Reporting Directive (CSRD), marks a crucial step for companies: sustainability is no longer just an ethical commitment, but a key element for competitiveness. Quality reporting and data transparency are essential to build trust in markets and among stakeholders. In this scenario, innovative tools and independent certifications play a crucial role in ensuring compliance and effectiveness in corporate sustainability strategies.”
With the transposition of the Corporate Sustainability Reporting Directive (CSRD), the regulatory framework has evolved to ensure greater transparency and comparability in sustainability reporting. However, the fragmentation of regulations across countries has generated operational complexities, leading the European Commission to envisage a reduction in reporting requirements by at least 25 percent by mid-2025, with a focus on SMEs.
“The sustainability report is a crucial element for modern companies, representing not a point of arrival, but the starting point for measuring ESG data,” stressed Marcella Panzeri (Administrator Cama Srl). Through a transparent and accurate assessment, companies can better understand the impact of their choices on the environment, society and governance. It is not a simple regulatory compliance, but a tool of co-responsibility that involves all corporate stakeholders, from employees to customers, from investors to local communities.”
“Entrepreneurs should not be afraid to measure their performance: transparency is the basis for building long-term strategies capable of improving business performance. An external auditor certifying the measured data is essential to ensure the reliability and credibility of the report, increasing stakeholders’ trust. In addition,” he added, “adopting a platform that automates data collection and analysis processes significantly improves operational efficiency, allowing companies to save time and resources and focus on concrete actions for a more sustainable future.
Oscar di Montigny President of Grateful, Foundation and Managing Partner of Wise Gate): “Humanovability, or the convergence of person-centered innovation and sustainability, is critical today in all businesses and industries; particularly in the certification business and in the business of reporting one’s Sustainability Report. These should no longer be experienced merely as an obligation, but rather as a strategic opportunity to build trust and value rooted in time. Likewise, the Social Report is now essential for any company that wants to demonstrate transparency and positive impact.”
“Now, integrating Humanovability into it also means overcoming the logic of mere compliance and adopting an ethical and truly sustainable approach, capable of generating innovation and well-being for all stakeholders, thus helping to re-animate and re-humanize the entire economy, making it evolve from circular to spherical.”
The event, moderated by Alessandra Frangi (Founder of ESG News), provided an interesting opportunity for companies aspiring to successfully address the challenges of ecological and digital transitions, and transparency in ESG reporting. Many topics were discussed in depth, from the latest legislative changes to the prospects for the application of new procedures, highlighting the innovative tools available to support companies in their compliance journey and management of corporate sustainability.
Two main tools and solutions, presented at the event, were proposed to companies to effectively respond to the obligations arising from the CSRD entry into force:
TreeBlock ONE is an innovative all-in-one platform developed by TreeBlock, a leading provider of corporate sustainability management software solutions. Designed to centralize all ESG data, the platform supports companies in creating comprehensive sustainability reports that comply with the most advanced international standards (ESRS, GRI, SABS and SDGs) and current regulations, such as Legislative Decree No. 125 of 06/09/2024.
Using proprietary artificial intelligence, TreeBlock ONE automates ESG data collection and analysis processes, improving operational efficiency and reducing the risk of errors. It also offers advanced predictive analytics and reporting tools, enabling companies to make quick and informed decisions to reduce environmental impact and optimize resource management.
During the event, attendees will be able to watch a live demo of TreeBlock ONE, discovering its potential to simplify ESG management and promote a shared sustainability culture among all corporate stakeholders.
– Univerde press office photo –
(ITALPRESS).
