The Corporate Sustainability Reporting Directive (CSRD), while being a regulatory exercise that a growing number of companies will need to comply with, now represents an essential strategic steering tool for organizations.
On the social front, the directive clarifies the approaches to address, particularly the crucial notion of “affected communities”, a concept previously mainly managed by extractive industries (oil, mining) but now extending to new sectors.
With the European Sustainability Reporting Standards (ESRS), companies are encouraged to develop a more nuanced and holistic understanding of their societal impact.
the challenge
Our client, aware of its responsibilities as a major player in the agri-food industry, sought to deepen its understanding of potential impacts on communities affected by its activities.
The objectives:
- Precisely identify direct and indirect impacts
- Leverage the CSRD framework to structure adapted governance
- Develop a proactive approach guided by international standards (UN Guiding Principles, IFC Standards, OECD Responsible Business Conduct) and market practices
OUR METHODOLOGICAL APPROACH
Drawing on its international expertise, Ksapa deployed a collaborative and rigorous approach in 4 key steps:
Conceptual Alignment
- Shared definition of “affected communities”
- Creation of a common reference framework within the group
Impact Mapping
- In-depth internal and external engagement
- Identification of potential impacts across the entire value chain
Internal Benchmark and Gap Analysis
- Comprehensive analysis of existing practices at Group level
- Comparing current practices with international recommendations
- Identifying strengths and areas for improvement
Strategic Co-Construction
- Development of a Group roadmap
- Definition of adapted governance
RESULTS & PERSPECTIVES
This collaborative approach enabled our client to:
- Deepen understanding of impacts
- Precisely map interactions with communities
- Rethink its organization for systemic consideration
Next Steps:
- Gradual deployment of the strategy
- Field tests for operational validation
- Reflection on transforming negative impacts into positive opportunities
TAKE ACTION
Want to understand how to optimize your CSR strategy and effectively respond to CSRD requirements?
Contact our Ksapa experts today for a personalized approach!
