The scientific community has been emphasizing a crucial point: as climate change progresses, addressing inequalities is critical to work towards a just transition and overcome resistance. Companies and investors must decarbonize their products and assets while promoting a more equitable distribution of wealth along value chains and among the most vulnerable communities. This is vital for local anchoring, consumer loyalty, and strengthening ties with all critical links across value chains.
A multitude of stakeholders are already involved in these initiatives, from governments to large corporations to local development and financial actors. Join this momentum. Let's collaborate to deploy innovative solutions necessary for our businesses to thrive in a world where social and environmental factors together drive economic performance!
Farid Baddache, CEO, Ksapa
IN THE SPOTLIGHT
Free Webinar - Paying the Living Wage Across Value Chains: Navigating ESRS & Human Rights (Tuesday May 14th)
The recent wave of inflation has had a dramatic impact on vulnerable workers who are at risk of working and remaining in poverty. The CSRD requires eligible companies to disclose whether both direct and value chain workforce are operating with a decent wage. However, several challenges arise, including the definition of a decent wage, the lack of reliable, up-to-date and granular data, and the ways to include value chain workforce. This webinar will explore solutions to these challenges and tools developed by Ksapa to engage workforce across companies and in supply chains in alignment with EU CSRD and ESRS requirements. Join us Tuesday May 14th, 11am NYC, 4pm London, 5pm Paris. Register here!
The Role of Board of Directors in the CSRD Era
The EU CSRD extends the collective responsibility of the administrative, managerial, and supervisory bodies regarding financial statements and management reports to the ESG information contained therein and derived from the concept of double materiality. Testimonies from directors of major European companies eligible under the CSRD confirm a number of best practices already shared in various articles on our blog. Here's an overview.
Does the CS3D add to companies’ administrative burden?