SUSTAINABILITY STRATEGIES prioritising relevance, materiality and strategic alignment.
This, which is supported by Sophia Leonora Mendelsohn, Chief Sustainability and Commercial Officer at SAP, may ultimately drive better quality disclosures that serve investor needs more effectively.
Sophia says:“ We have been talking about business transformation for a very long time. Now we are owning our own P & L and contributing to our colleagues’ P & Ls.”
The future of reporting Andrew does not believe that the importance of sustainability reporting has diminished. He says:“ While a temporary pause in voluntary reporting may be warranted, sustainability disclosures remain essential:
“ We have been talking about business transformation for a very long time. Now we are owning our own P & L and contributing to our colleagues’ P & Ls”
Sophia Leonora Mendelsohn, Chief Sustainability and Commercial Officer, SAP customers, employees, investors, communities and suppliers continue to depend on them, regardless of regulatory mandates.”
He adds: “ In this context, companies have an opportunity to sharpen the strategic purpose of reporting and enhance internal governance, data quality and crossfunctional coordination ahead of emerging requirements.
“ As sustainability reporting evolves into a regulated, risk-managed function, firms that align early with business priorities, legal obligations and material risks will be best positioned to lead.”
In this moment of ESG evolution, companies are being urged to focus on the long game: resilience, accountability and impact – across every link of the value chain.
Emilio Tenuta, Chief Sustainability Officer at Ecolab, says:“ CSOs must adopt a dual approach that balances regulatory compliance with strategic innovation and growth.
“ By integrating sustainability into the core business strategy and fostering cross-functional collaboration, CSOs can turn regulatory challenges into opportunities for long-term value creation and growth.
“ Embracing this evolved role will enable CSOs to lead their organisation toward a sustainable and resilient future.”
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