ENCORE launches new value chain functionality for sustainability

CSRD Update #43 – Week 40 🌍 At Arana Finance, we keep a close eye on the latest developments in sustainability reporting. This week’s highlights: 🔹 Dutch companies struggling with sustainability reporting A Workiva study shows that while 83% of Dutch companies report on emissions, many still face challenges with data reliability, complex international rules, and limited expertise. AI is emerging as a key enabler for more accurate and efficient reporting. 🔹 EU businesses want stronger sustainability rules A YouGov survey reveals that most EU companies favor tougher due diligence and reporting requirements than those proposed in the EU’s Omnibus package. Many see sustainability regulation not as red tape, but as a driver of competitiveness. 🔹 SBTi launches first global registry of certified experts The Science Based Targets initiative has published a worldwide register of certified professionals in climate target-setting, linked to its new SBTi Academy with training and certification opportunities. 👉 At Arana Finance, we bring these insights together to help organizations navigate the fast-evolving CSRD landscape. Curious how we can support your business? Let’s connect! #CSRD #Sustainability #Reporting #AranaFinance

🌿 Eco Fluent Solutions at the EFRAG “VSME in Action” Event — Brussels, 6 October 2025 This week, Eco Fluent Solutions attended the EFRAG “VSME in Action” event in Brussels 🇪🇺, where the future of SME sustainability reporting took center stage in the heart of Europe. The discussions revealed how Europe is transforming sustainability reporting from voluntary to digital and interoperable — through tools designed to empower non-listed SMEs while aligning with CSRD requirements. 💡 What’s new for SMEs: ✅ VSME Digital Template (Excel-based) — now available for download. It helps SMEs collect, validate, and export ESG data in line with the EU’s taxonomy. ✅ Excel–XBRL Converter Tool — transforms data into machine-readable reports, ready for banks, clients, or CSRD reporters. ✅ Mapping of 100+ tools and GHG calculators — highlights existing initiatives (ADEME’s Bilan Carbone, Climate Compass, Climate Toolkit 4 Business, etc.). ✅ Future integration (2026) — will include digital signatures, distribution hubs, and direct API connectivity with national portals such as France’s Portail RSE. 💬 The key pain point remains: SMEs face challenges ensuring data reliability, traceability, and interoperability, while large CSRD-reporting companies depend on this same data for assurance. 🌍 Our insight: To make this transition successful, SMEs need: 🍀 Guided and simplified data-entry templates. 🍀 Metadata and auto-validation features for data quality. 🍀 “Report once, use everywhere” interoperability with platforms like Portail RSE. 🍀 Progressive pathways toward light verification and data credibility labeling. Europe is taking a crucial step: shifting from voluntary disclosure to digital integration. Europe is taking a crucial step — from voluntary disclosure to digital integration. At Eco Fluent Solutions, we help SMEs understand, prepare, and connect to this new sustainability ecosystem — turning compliance into clarity, and data into trust. 🌿 #VSME #EFRAG #CSRD #ESRS #SME #SustainabilityReporting #EcoFluentSolutions #PortailRSE #ESG #DigitalReporting #EU EFRAG #SouhaExplains

Quietly Building the Backbone of a Sustainable Economy Over the past few years, I’ve seen how difficult it can be for organizations to truly understand and act on their environmental impact. Data is scattered, regulations keep evolving, and sustainability teams often spend more time collecting information than driving change. That’s exactly the challenge we’re tackling with Sustainnovate.ai - a platform designed to make sustainability measurable, transparent, and actionable. From real-time carbon tracking to automated compliance reporting aligned with CSRD, ESRS, and TCFD, Sustainnovate.ai aims to simplify how companies manage ESG data. The goal is to empower decision-makers with clear insights, enabling them to move from intention to measurable impact. We’re currently working behind the scenes with a few early partners to refine the platform before its wider launch. It’s an exciting phase -quietly shaping what could become the digital foundation for a more sustainable economy. If you’re exploring ESG readiness, carbon accounting, or digital sustainability transformation, let’s connect. Change is coming, and it’s being built thoughtfully. #SustainnovateAI #Sustainability #ESG #ClimateTech #AIForGood #CarbonAccounting #CSRD #ESRS #TCFD #SustainableInnovation #GreenTech #DigitalTransformation #DataDrivenSustainability

💡 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝘁𝗵𝗲 #𝗢𝗺𝗻𝗶𝗯𝘂𝘀 𝗺𝗲𝗮𝗻 𝗳𝗼𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗮𝗻𝗱 𝗘𝘂𝗿𝗼𝗽𝗲’𝘀 𝗱𝗲𝗰𝗮𝗿𝗯𝗼𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲? 💬 Eurosif Executive Director Aleksandra Palinska had the pleasure of exploring this question during an expert panel at EFFAS - The European Federation of Financial Analysts Societies’ CESG conference yesterday. 👥 Together with Thomas Dodd, (European Commission), Chiara Del Prete (EFRAG) and Elise Attal (PRI), moderated by Sonia Artuso (Generali), she discussed the changes brought by the Omnibus initiative and their implications for investors and companies. 👉 𝗞𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: 🌱EU sustainable finance rules as a driver of long-term growth and competitiveness. 📌 The EU sustainability reporting rules aim to enhance the availability, quality, and comparability of ESG disclosures for investors and financial institutions. These rules improve transparency, support informed financing decisions and effective risk management. More broadly, they contribute to a resilient financial system and mobilising capital for a just transition to a low-carbon, sustainable economy 📌 Experience from companies shows that analysing and reporting on their risks and opportunities leads to more strategic and resilient decision-making ⚠️Real simplification is targeted, not a blanket roll-back. 📌Policymakers currently discuss removing sustainability reporting requirements for 90% of the previously covered companies. This massive change might cause further complications for financing because investors are likely to lack crucial information 📌 Investors and companies need regulatory stability. Frequent and drastic regulatory changes are a burden, not a simplification 🌍Need for a tailored sustainability reporting standard for mid-caps 📌 For the companies over 250 employees no longer by mandatory reporting, #VSME is not fit for purpose. A bespoke standard for the mid-caps is needed to address the data challenge. Find out more in our joint investor letter: https://lnkd.in/dqiCxxuv 🎯EFRAG has done a commendable job in simplifying the #ESRS. However: 📌 Further reduction should be approached with caution - it should not go beyond the proposed 57% data point cut 📌 Quantitative disclosures on anticipated financial effects remain crucial for investors’ decision-making and risk assessment 📌 Interoperability between ESRS and the #ISSB standards is essential for simpler reporting for companies and better comparability for investors 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝘃𝗼𝗶𝗰𝗲𝘀 𝗺𝗮𝘁𝘁𝗲𝗿, 𝗻𝗼𝘄 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗲𝘃𝗲𝗿. 📌 This is a critical time to raise concerns and engage with EU policymakers. 🤝 Thank you to EFFAS for giving us the opportunity to contribute to this timely conversation.

What have we learnt from the last two years of sustainability developments in the EU? Could we have worked more effectively? When I was a researcher I studied decision making models. What we believe about how corporations and financial markets make decisions. And how decisions are actually carried out. And the large gap in between. In retrospect there are at least two assumptions that "went wrong" with the way EU pushed sustainability reporting regulation. 1. Data and information is not cost free - usefulness of data is key. If we see ourselves and others as limitless rational machines, information processing costs nothing. But in practice, information overload is a major problem. The volume of ESRS and the lack of sensitivity to useful data fueled resistance. This was predictable. And avoidable. 2. People and financial markets rarely optimize for the long term rational outcome. The underlying idea behind regulation was (and still to a large extent is) that investors, corporate leaders and consumers through better ESG data will "understand" the financial risks of climate inaction, and fuel more investments to reduce this risk. What we don't talk enough about is that research shows that human beings and markets tend to make decisions based on fairly easy rules. What we have learnt in the past about how the world works. What hurts most in the immediate future. What I can measure. Such models will not incorporate well totally new futures, medium to long term consequences and hard to measure cause and effect relations. CSRD/ESRS and other forthcoming "data" sustainability regulation, such as digital product passport, is critical to standardize sustainability information. To reduce the cost of information to companies and markets and enable better decisions. But going forward, I believe sustainable development will be even more effective if we build rules and systems based on what we know about how financial markets and corporate decisions work. Not how we wish they would work. More collaboration between researchers, regulators and companies is more critical than ever. Katarina Kaarbøe Anita Meidell Trond Bjørnenak Caroline Dale Ditlev-Simonsen Lars Jacob Tynes Pedersen Hanne Nørreklit Michael Kisser Christian Andvik #CSRD #Sustainabledevelopment #behaviouraldecisionmaking #reserach #NHH #BI

🌍 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐢𝐬 𝐧𝐨 𝐥𝐨𝐧𝐠𝐞𝐫 𝐚 𝐬𝐢𝐝𝐞 𝐩𝐫𝐨𝐣𝐞𝐜𝐭 — 𝐢𝐭’𝐬 𝐭𝐡𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐦𝐨𝐝𝐞𝐥 𝐨𝐟 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞. What’s become clear over the past few years is that sustainability isn’t a trade-off with profitability, but it redefines what success means. Companies that recognise this shift today are the ones shaping tomorrow’s markets. Across the world, we’re seeing bold moves that reflect this transformation: 🌱 Governments are stepping in to de-risk markets and attract private capital. 📊 Extra-financial data, once seen as “nice to have”, is now essential for predicting long-term performance. 🧭 Climate and technology are converging to create real strategic advantages for businesses that embrace them early. From California’s landmark climate disclosure laws (SB 253 & SB 261) to the EU’s CSRD, regulatory pressure is accelerating. But beyond compliance, the smartest companies are going further. They are using sustainability to improve margins, strengthen supply chains, and future-proof their business models. It’s exciting to see how software, data, and law are coming together to make this shift concrete by helping organisations measure their impact, manage their risks, and move from ambition to action. I’m thrilled to be stepping into this space and contributing, in my own way, to this larger mission: proving that profit and purpose can reinforce each other and that doing good for the planet can also mean doing well as a business. 🌿 #Sustainability #ESG #BusinessStrategy #ClimateAction #TechForGood #CSRD #FutureOfBusiness

𝐖𝐞 𝐚𝐫𝐞 𝐭𝐡𝐫𝐢𝐥𝐥𝐞𝐝 𝐭𝐨 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞 𝐭𝐡𝐚𝐭 𝐃𝐚𝐭𝐚𝐈𝐐 𝐢𝐬 𝐧𝐨𝐰 𝐚 𝐂𝐞𝐫𝐭𝐢𝐟𝐢𝐞𝐝 𝐁 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧™! This milestone reflects our deep commitment to operating ethically, responsibly, and transparently, balancing profit with purpose. 𝗪𝗵𝗮𝘁 𝗶𝘀 𝗮 𝗕 𝗖𝗼𝗿𝗽? As a B Corp, we’re part of a global community of businesses that meet high standards of social and environmental impact.   𝐎𝐮𝐫 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 & 𝐒𝐜𝐨𝐫𝐞: ➡️ Our certification process took almost two years, pushing us to examine and strengthen over 250 criteria. ➡️ We earned a 𝐁 𝐈𝐦𝐩𝐚𝐜𝐭 𝐒𝐜𝐨𝐫𝐞 𝐨𝐟 𝟖𝟑.𝟗, significantly higher than the median score of 50.9.   📢 𝐀 𝐖𝐨𝐫𝐝 𝐟𝐫𝐨𝐦 𝐎𝐮𝐫 𝐂𝐄𝐎, Richard Pope: “Becoming a B Corp demonstrates our commitment to realising the value of data and AI strategically, responsibly, and ethically. For our clients and partners, this certification is assurance that we operate to the highest standards, strengthening their resilience, reporting credibility, and stakeholder trust.”   𝐖𝐡𝐚𝐭 𝐓𝐡𝐢𝐬 𝐌𝐞𝐚𝐧𝐬 𝐟𝐨𝐫 𝐎𝐮𝐫 𝐂𝐥𝐢𝐞𝐧𝐭𝐬 & 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬: ✔️ Supply Chain Assurance: Reduced risk through our responsible operations. ✔️ ESG Reporting: Verifiable evidence of good practice to strengthen your regulatory, investor, and stakeholder reporting. ✔️ Resilience & Alignment: Durable standards built for the long term. We are honoured to join the global movement of companies redefining success in business. We look forward to continuing to deliver valuable community-powered intelligence while aligning with your own ESG and sustainability goals. Learn more about our B Corp journey and view our official B Lab profile: https://lnkd.in/ep3NQeK9 #BCorp #CertifiedBCorporation

🌍 Now Available: The Global Taxonomy Map & Dashboard The Center for Clean Air Policy (CCAP), through the Observatory of Sustainable Finance Taxonomies with GFLAC Grupo de Financiamiento Climático para Latinoamérica y el Caribe, is proud to announce the launch of the Global Taxonomy Map & Dashboard — the first open-access, dynamic and interactive repository of sustainable finance taxonomies worldwide. As the global community prepares for #COP30, this platform offers a timely, evidence-based resource to support discussions on #climatefinance transparency and the alignment of financial systems with national and international #sustainability goals. 🗺️ What the Dashboard offers: ✔️ Data from 69 jurisdictions worldwide ✔️ Insights on taxonomy development stages, governance, objectives, and sectoral coverage ✔️ Details on technical screening criteria, eligibility approaches, and implementation tools Built on over 3 years of research, the Map & Dashboard is more than a database—it’s a living platform reflecting the evolution of sustainable finance policies across the globe. Users can: 🔹 Explore country-level insights and regional views (including a dedicated LAC dashboard in Spanish) 🔹 Download data and visuals for research & analysis 🔹 Access direct links to official documents for transparency and verification 💡 Released as a beta version, #CCAP welcomes collaboration and feedback to expand the platform’s scope—adding new variables, enhancing visualization tools and integrating monitoring mechanisms. 🤝 If you’re interested in contributing ideas, sharing data or supporting this open-access initiative, we invite you to connect and collaborate. 🔗 Explore the Global Taxonomy Map & Dashboard: https://lnkd.in/ePuYkecv #SustainableFinance #ClimateFinance #COP30 #DataForClimateAction #OpenAccess #Sustainability #CCAP #GLFAC #TaxonomyDashboard

📢 𝗘𝘂𝗿𝗼𝘀𝗶𝗳’𝘀 𝗿𝗲𝘀𝗽𝗼𝗻𝘀𝗲 𝘁𝗼 𝗘𝗙𝗥𝗔𝗚 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗲 𝘀𝗶𝗺𝗽𝗹𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 #𝗘𝗦𝗥𝗦: 𝗔 𝗯𝗮𝗹𝗮𝗻𝗰𝗲𝗱 𝗰𝗼𝗺𝗽𝗿𝗼𝗺𝗶𝘀𝗲, 𝗯𝘂𝘁 𝗱𝗲𝗲𝗽𝗲𝗿 𝗰𝘂𝘁𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝗳𝗮𝘁𝗮𝗹 ✅ 𝗪𝗵𝗮𝘁 𝘄𝗼𝗿𝗸𝘀 𝗳𝗼𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀: 📌 Most of the changes to the European Sustainability Reporting Standards #ESRS are thought-through streamlining and clarifications that make the standards clearer and more usable for companies and investors alike. ❗ However, the reduction of data points by 57% already represents a 𝘀𝘂𝗯𝘀𝘁𝗮𝗻𝘁𝗶𝗮𝗹 𝘀𝗶𝗺𝗽𝗹𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻. 𝗙𝘂𝗿𝘁𝗵𝗲𝗿 𝗰𝘂𝘁𝘀 𝘄𝗼𝘂𝗹𝗱 𝗰𝗿𝗲𝗮𝘁𝗲 𝗱𝗮𝘁𝗮 𝗴𝗮𝗽𝘀 for investors and hinder financing of the transition to a low-carbon economy.   ⚠️ 𝗖𝗼𝗻𝗰𝗲𝗿𝗻𝘀 𝗺𝗼𝘂𝗻𝘁 𝗼𝘃𝗲𝗿: 📌 𝗔𝗻𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗲𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗲𝗳𝗳𝗲𝗰𝘁𝘀: Allowing the voluntary reporting of quantitative information will create significant data gaps and jeopardise the usability and credibility of the entire reporting framework for users. 📌 𝗖𝗿𝗼𝘀𝘀-𝗰𝘂𝘁𝘁𝗶𝗻𝗴 𝗿𝗲𝗹𝗶𝗲𝗳𝘀: While we acknowledge the need for limited reliefs, the lack of safeguards and incentives for improvement may lead to abuses restricting the availability and comparability of key information across sustainability reports. 📌 𝗖𝗹𝗶𝗺𝗮𝘁𝗲-𝗿𝗲𝗹𝗮𝘁𝗲𝗱 & 𝗯𝗶𝗼𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆 𝗱𝗶𝘀𝗰𝗹𝗼𝘀𝘂𝗿𝗲𝘀: it is essential that disclosures on climate transition plans remain robust and reliable, with only cautious application of reliefs. Disclosures on climate scenarios and biodiversity targets must be maintained for assessing resilience and sustainability. 📌 𝗥𝗲𝗱𝘂𝗰𝗲𝗱 𝗜𝗦𝗦𝗕 𝗮𝗹𝗶𝗴𝗻𝗺𝗲𝗻𝘁: Risks of fragmentation of sustainability reports between the ESRS and international standards, less comparability of information for investors, and additional reporting burdens for companies. 📌 𝗦𝗙𝗗𝗥 𝗣𝗔𝗜𝘀: Some data points that investors need to report under the Sustainable Finance Disclosure Regulation have been deleted, creating implementation burdens for investors. 📌 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗰𝗼𝗻𝗱𝘂𝗰𝘁: we question the removal of disclosures on lobbying activities. 🔎 𝗕𝗮𝗰𝗸𝗴𝗿𝗼𝘂𝗻𝗱:  • As part of the #Omnibus I package, the European Commission mandated EFRAG to simplify the #ESRS used by companies in scope of the Corporate Sustainability Reporting Directive #CSRD. • In July, EFRAG issued a public consultation asking for feedback on its suggestions for this simplification. 👉 For more read the press release below 🔗 Here the full response here: https://lnkd.in/dFqkCsVz 

Idea: What if Danish political parties were held to the same ESG standards as EU businesses? Ahead of the 18 November election, we carried out an independent analysis of party platforms through a sustainability lens. Our goal is to give citizens a clear and accessible overview of how each party performs against a business-focused ESG (Environmental, Social and Governance) framework, where they can improve, and how they might work together towards shared goals. Many voters, particularly international residents, find it difficult to understand what each political party truly stands for. Political promises can be broad, and their real-world impact hard to assess. This guide aims to make that easier. https://lnkd.in/dDauCeG2 By applying a business-focused ESG framework, we look beyond rhetoric to evaluate how specific, measurable and actionable each party’s plans are for creating a more sustainable and equitable Copenhagen. This collaboration between Mikkel Frimer-Rasmussen from Frimer-Rasmussen Consulting and Carolina Velasco of Go with the Flow used publicly available data and the parties’ own websites. The aim was not to criticise, but to show how transparency, accountability and measurable sustainability can also apply to politics. ESG reporting does not need to be perfect to be powerful. What matters is taking the first step. Our work helps organisations identify risks, opportunities and impact while integrating that into their foundation with integrity and purpose. We also see AI as a collaborative partner that helps leaders and citizens focus on meaningful, high-value work while managing the analytical and processing tasks. Understanding AI’s resource footprint, including water and energy use, is part of ensuring responsible innovation. If you are curious about how AI, sustainability and ESG can strengthen resilience and accountability in your organisation, we would be delighted to connect. #kv25 #kommunalvalg #ESG #election #Copenhagen