Despite its undeniable importance, a company’s carbon footprint is not the only measure to be taken to estimate and reduce its environmental impact: this CO2-focus can lead to the phenomenon of “ Carbon Tunnel Vision ”, which consists of hiding or ignoring the other tangible impacts of human activities on the environment.
Comprehensive Vision of Environmental data
However, these impacts must also be measured in order to carry out a double materiality analysis and take into account planetary boundaries . This is the objective of the new European CSR reporting directive, the CSRD . The latter will come into force in 2024, and concerns 50,000 European companies. On the agenda, the obligation to declare an georgia phone number library expanded list of indicators . On the environmental side, the themes are as follows: climate change, pollution, water and maritime resources, biodiversity, use of resources and circular economy.
Given the scope of this scope, the following question arises: should the additional workload for compliance in terms. Of reporting fall solely on CSR departments? Or does it not call for much closer. Collaboration between data teams and CSR teams ? At Converteo, we are convinced that this cooperation will be part of the long term, and that it is necessary to scale up and industrialize the extra-financial reporting exercise. Companies that are now thinking about setting up ESG indicator Datamarts , or those that manage their share of sustainable turnover, are thus getting ahead of their competitors.
1st, 2nd and 3rd party environmental data?
Let’s try a parallel that will undoubtedly speak to marketing and uae cell number digital departments. Just as advertisers collect and use 1st, 2nd and 3rd party data, Data and. CSR departments are led to collect and use environmental data:
- From their own production systems (energy consumption types of on-demand applications of a building. Fossil energy consumed to produce the goods sold by the company, etc.)
- Coming from their suppliers (energy consumption. Of the servers of a service provider broadcasting the digital media campaigns of an advertiser, distribution. Of materials making up products sourced from suppliers, carbon footprint of the delivery providers of an e-commerce player, etc.)
- Made available by external organizations with no direct link to the company (Ademe emission factors, etc.)