Sustainability as a Driver of Financial Success

Sustainability as a Driver of Financial Success

Sustainability integration into our business is only effective if it creates value. In 2022 we analyzed our business model to define how our key ESG initiatives created value for us and our stakeholders. To increase the transparency of our analysis, we sought to align our understanding of value-creation with external frameworks and organizations.

Financial value-creation was identified using the publication by the World Business Council on Sustainable Development, Finance Factsheets for Sustainability Professionals.

We defined environmental value-creation if it aligned with the six environmental objectives in the EU Taxonomy for Sustainable Activities. Our initiatives had to contribute to at least one objective and do no significant harm to the other five.

And, Sustainable Development value was defined by the United Nations Sustainable Development Goals.

This chart explains if our ESG initiatives create or protect value, and define the value driver, type of value created, and beneficiaries. We hope you find this chart as informational as we found it instructional to create.