The current economic model has already proven to be unsustainable, causing the degradation of the ecosystem and society. The sustainability paradigm came as an alternative, but today we need to go further. Regeneration has become indispensable. Regeneration of our relationships, be they between people, communities or nature. A company’s ESG practices can (and should) be […]
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When we talk about ESG, it’s common for people to be familiar with E (environmental) and S (social) actions, but G (governance) is often left aside, either because of its complexity or because of lack of knowledge. However, governance is an extremely important pillar, as it underpins ESG in an organization. What is Corporate Governance?
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The Logical Framework is an analytical model that establishes a detailed approach to developing, executing and evaluating socio-environmental impact projects. It considers and establishes the relationship between activities, results, objectives and impact. Its name comes from the logical relationships defined by planners to connect the means of a project with its end. This model is
Sustainability reporting is a powerful tool for communication and accountability, especially when we think in the context of ESG. In this article, we’ll explore what sustainability reports are, why companies should do them, the benefits involved, the challenges that can arise, current trends and existing norms and standards. What is a Sustainability Report? A sustainability
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Traceability is a fundamental concept for companies to be able to manage risks in their chain and thus take on new ESG commitments and targets. Functioning as a kind of mapping of your production, it can make important points for your strategy visible that might previously have been overlooked. What is traceability? Traceability is the
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The concept of healthiness has become increasingly important for the food industry, especially when it comes to ESG and sustainability. A company that takes care to offer healthy products to its consumers has great benefits, such as improved brand reputation, increased sales and customer loyalty. What is healthiness? Healthiness can be defined as a food’s
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If you’ve read any ESG material, you’ve probably come across the term stakeholders. Stakeholders are the interested parties in an organization who can affect or be affected by it. They can be made up of individuals, groups or organizations. In a typical organization they are its investors, employees, customers, service providers and suppliers, however, with
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Corporate volunteering has emerged as an alternative for bringing companies and their employees closer to their communities. It is an action that can contribute to an organization’s ESG (environmental, social and governance) strategy and its positive impact. But to run a volunteer program in a company, you first need to understand its concepts, agents, benefits
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The term materiality was first officially used in 1867 when the English Court introduced the term “material”, to refer to a “relevant, non-negligible fact”, in the trial of the false accounting case concerning the Central Railways of Venezuela. In the sustainability context, the term appeared in 2006 in the Global Reporting Initiative (GRI) G3 guidelines.
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The B Impact Assessment is an evaluation tool used by System B to rate the positive impact generated by a company. To become a B Corporation, it is necessary to achieve a score of 80 proven points. However, BIA, as it is known, has great utility for the company itself to assess its current impact
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