ASSISTING COMPANIES WITH ESG IMPACT ASSESSMENT &
ESG OPTIMIZATION
Based on experience and reliable data we find a viable green business case for your unique opportunity while reducing cost and environmental impact
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YOUR ORGANIZATION'S ESG IMPACT
Benefit from our knowledge and experienced and improve your organization's ESG performance and
(triple) bottom line
Our mission is to support your organization in reducing its environmental impact, achieving cost efficiencies, and uncovering revenue-generating possibilities around your organization's organic waste related challenges. Through this, we strive to contribute to making the world a cleaner and healthier place for the next generations to come.
PROVEN CIRCUWORLD SOLUTIONS
References
ESG PERFORMANCE
Improve your organization's ESG performance with Circuworld's proven strategies and technology
WHAT IS ESG?
ESG stands for Environmental, Social, and Governance. It is a framework that is used to evaluate the sustainability and ethical impact of a company or investment. Each of the three components of ESG represents a different aspect of corporate behavior and responsibility:
ENVIRONMENTAL
SOCIAL
GOVERNANCE
This refers to the company's impact on the environment. It includes factors such as carbon emissions, energy consumption, waste management, pollution, and resource usage. Companies with strong environmental practices focus on reducing their ecological footprint, implementing sustainable practices, and addressing climate change.
The social aspect of ESG considers how a company interacts with its employees, customers, communities, and other stakeholders. It includes issues such as labor practices, employee welfare, diversity and inclusion, human rights, consumer protection, and community engagement. Socially responsible companies prioritize fair treatment of employees, ethical sourcing, customer satisfaction, and positive community impact.
Governance refers to the system of rules, practices, and processes by which a company is directed, controlled, and operated. It encompasses aspects such as board composition, executive compensation, shareholder rights, transparency, and ethical business practices. Strong governance ensures accountability, integrity, and effective decision-making within a company.
ESG criteria are used by investors, asset managers, and other stakeholders to assess a company's sustainability and ethical performance. It helps them evaluate the long-term risks and opportunities associated with an investment. Many investors now consider ESG factors alongside financial metrics when making investment decisions, as they believe that companies with strong ESG practices are better positioned for long-term success and resilience. ESG ratings and indices have been developed to provide standardized assessments of companies' ESG performance. These ratings and indices allow investors to compare and benchmark companies based on their ESG performance.The services, technology and products of Circuworld have a particular strong influence on the Environmental andSocial ESG factors. Please see ESG impact of Circuworld services, technology, and products for more information and to learn how our solutions can help your organization improve its ESG performance and reduce risk.
As with other credit criteria, improved ESG performance leads to lower costs of capital. Companies aiming for significant improvement in ESG factors are likely to increase their potential and performance as the cost of capital falls and credit spreads tighten. If a company is exposed to material ESG risks and does not actively mitigate those risks and improve their ESG profile, the price of its bond will most likely suffer. Identifying and measuring ESG risks and opportunities can deliver both environmental, social and financial benefits simultaneously. As a specialist expert in the domain of organic waste and agricultural inputs and waste, Circuworld can help your organization with proven strategies and technologies for improving your company’s ESG performance and triple bottom line.
CSRD AND ESG
In November 2022, the European Union adopted the Corporate Sustainability Reporting Directive (CSRD). This new directive states that from 2024 more and more companies will be obliged to report on the impact of their activities on people and the environment.
The CSRD directive is central to the European Union's Green Deal and should ensure more transparency and better quality of sustainability information.
The CSRD guideline requires (large) companies to report on matters such as CO2 emissions and social capital, but also on the impact you have as a company on biodiversity and human rights violations in their value chain. The CSRD is an extension of the existing European directive on sustainability reporting: the Non-Financial Reporting Directive (NFRD). The CSRD will apply from 1 January 2024 to companies that are currently subject to the non-financial reporting directive (NFRD) and from 2025 to large companies that are currently not subject to it. For listed SMEs, the CSRD will apply from 1 January 2026. For non-listed SMEs, a lighter CSRD variant that is more feasible for them will be considered. A company is large if it meets at least two of the three criteria below:
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More than 250 employees
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More than 40 million euros turnover per year
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More than 20 million euros on the balance sheet
With the increasing scrutiny on ESG performance and accountability, it becomes ever more important for companies to review their practices, processes and value chain. Circuworld can assist companies with making ESG impact assessments and ESG optimization studies with expert and specialist knowledge the domain of organic waste and agricultural inputs and waste.
WHEN DOES THE CSRD TAKE EFFECT?
Companies must already start preparing for the directive. This involves formulating ESG targets, evaluating ESG impact and risk factors for the company, and setting up metrics and reporting structures. SMEs must be CSRD compliant by 2026, which means that these companies must be CSRD-ready by 2025. This means they have to arrange this in the organization by 2024 at the latest. Accordingly, assessing your organization’s ESG performance and risks, and setting up structures for your company’s CSRD or ESG reporting offers a fitting opportunity to review and update operational practices around your organization’s organic waste management practice.
ESG IMPACT ASSESSMENT & ESG OPTIMIZATION (STUDIES)
Circuworld can assist companies with making ESG impact assessments and ESG optimization studies with expert and specialist knowledge the domain of organic waste and agricultural inputs and waste.
We have experience in the Food & Beverage Industry, Agriculture and Farming, Food Services and Hospitality, Municipal Waste Management, Food Retail and Wholesale, Food Processing and Manufacturing, and Brewery and Distillery.