The FMCG's complex supply chains and end-customer variables pose an accute carbon accounting challenge.
Today's customers want evidence of ethically sourced products and investors and regulators demand a process around ethical practices.
Today's customers are increasingly focussed on E, S and G values. It is of critical importance to make sustainability a competitive advantage.
From the farm to your fork, the food we eat goes through a host of different processes before it’s fit for consumption, and many of these stages have ESG reporting requirements. Sustainable agricultural practices, waste management, public health concerns, and regulatory compliance all play a part in a company’s ESG standing.
Companies that succesfully manage their ESG reporting and improvement will position themselves favourably in the eyes of investors, regulators and consumers. KEY ESG software allows you to store all ESG data in one place, ensuring regulations are adhered to and you have complete control over your ESG narrative.
KEY ESG’s platform ensures fair labour practices are evidenced in response to consumer demands for ethical practices. Identify the metrics that matter to your customers and stakeholders and seamlessly collect, report and improve those aspects of your ESG strategy.
KEY ESG’s platform ensures fair labour practices are evidenced in response to consumer demands for ethical practices. Identify the metrics that matter to your customers and stakeholders and seamlessly collect, report and improve those aspects of your ESG strategy.
Governance can often bring added complications in the food and consumer goods sector, given strict food safety regulations and the increased media interest in consumer brands. Our software simplifies this with a robust compliance tracking and reporting system, ensuring that you demonstrate a governance process and system for measuring that process.
Whether you're a producer, processor, or distributor of food and consumer goods, our ESG software is equipped to address the multifaceted challenges of your industry. Book a demo today to discover how our powerful ESG software can be tailored to your specific company’s needs, helping you not only comply with evolving regulations, but also build a brand that offers investors and consumers a transparent view into your ethical and sustainable operations.
“KEY ESG enabled our team to produce our first ESG report within one month. Their software enabled our team to quickly cover the ESG basics and contextualize our ESG performance for internal management as well as external stakeholder communication purposes.”
"Our portfolio companies love how easy to use the platform is and have already mentioned they want to use it for their own internal ESG processes."
The aim of the Corporate Sustainability Reporting Directive (CSRD) is to enhance the transparency, consistency, and comparability of sustainability reporting by certain companies in the European Union. The CSRD builds upon the existing Non-Financial Reporting Directive (NFRD) and seeks to address its limitations by introducing more robust and standardized reporting requirements.
KEY ESG keeps track of global ESG regulatory developments. We have incorporated major ESG regulations such as the SFDR, CSRD, SEC and SRD in our reporting software tool and help our users measure and report metrics they need to disclose to regulators. Our users can rest assured that we update these metrics as new regulatory requirements or changes to existing requirements are announced.
Double materiality means that companies are required to assess and disclose information about the environmental, social, and governance (ESG) factors that can affect the company (internal impacts) as well as the ESG factors that the company, through its activities, products, and services, affects externally (external impacts).
The Corporate Sustainability Reporting Directive (CSRD) is an updated and expanded version of the existing Non-Financial Reporting Directive (NFRD). The CSRD is an EU legislative initiative that aims to enhance the transparency and comparability of sustainability reporting by companies in the region.
KEY ESG’s software uses ESG measurement methodologies as outlined by standard setters like the Global Reporting Initiative. Importantly, our carbon footprint calculators are all in line with the GHG Protocol.
KEY ESG software integrates the industry standard investor frameworks for ESG reporting. This includes, amongst others, the ESG Data Convergence Initiative and the SFDR (Sustainable Finance Disclosure Regulation). As new regulatory frameworks come into effect, our software will automatically flag this to users who can then start using KEY ESG to report under the new rules.
Our focus on industry leading frameworks will save you reporting time as the market is converging on the topic of ESG measurements.
No. Effectively managing ESG unlocks value for any company, whether private or public. The following are example scenarios, applying to both private and public companies, of when effective ESG management can generate positive value: applying for a bank business loan, participating in public procurement, and, attracting talented employees.
ESG reporting refers to the process of evaluating and communicating a company's performance on environmental, social, and governance (ESG) metrics. This process helps companies measure and manage their ESG impact, communicate their sustainability story to stakeholders, and improve their overall sustainability performance.
Listed companies: CSRD will apply to companies which meet any of these criteria:
Large private companies: CSRD will also apply to companies which meet two of the following three criteria: