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In past years, there has been a significant change in how companies view their roles in the societies they participate in. The days are gone when the priority was only to provide financial dividends to their stakeholders. Modern businesses are increasingly embracing a broader perspective, ensuring alignment between social responsibility and profit. These values underscore the importance of inclusion, equality, and a commitment to a long-lasting environment.

Navigating the Green Transition with Leaders at the Forefront

The effects of climate change have become all too real. Catastrophes worldwide have heightened global awareness of climate impact, making environmental sustainability a primary concern for the public, consumers, and shareholders.

This heightened environmental consciousness translates into tangible actions. Consumers now opting for sustainable choices, employees leaning towards climate conscious corporations, and investors increasingly scrutinizing companies on their green initiatives and ambitions.

The corporate landscape is quickly changing to accommodate this shift in behaviour. Recent times have seen a steep increase in the number of entities committing to significantly reducing their carbon footprint. The motivation isn't always merely moral but is balanced with strategic risks and new requirements that global companies now confront.

As Brian Moynihan, chairman and CEO of Bank of America, put it:

"Over the long term, what matters to society matters to investors."

So, what should be prioritized to boost companies' sustainability efforts? The answer is clear: metrics and disclosures. Embracing the principle that “what gets measured gets managed,” a set of universal metrics has been created, allowing companies to measure and disclose their sustainable data.

Disclosure holds significant importance in the corporate world. For starters, it fosters trust and establishes credibility, underlining companies "licence to operate". Moreover, transparency, by its nature, exposes both achievements and shortcomings. When corporations disclose more, it pushes leadership to prioritize and address their pain points, paving the way for further sustainability efforts to reduce their negative impact on the environment and communities.

With rising expectations for corporate responsibility and transparency becoming the standard, companies are acknowledging their responsibility to also focus on sustainability. Professional communications and good intentions no longer suffice.

The following examples illustrate well how industry leaders are making transformative changes to meet their sustainability goals:

In the airline sector, JetBlue is progressing towards carbon neutrality by offsetting their emissions. These offsets fund forestry, landfill gas capture, solar, and wind projects. Additionally, they are investigating renewable aviation fuel options for their fleet.

Nike and Adidas have risen their game too. While Nike emphasizes waste reduction and the use of renewable energy, Adidas has fostered a more sustainable supply chain. By 2025, they pledge that nine out of 10 Adidas products will be crafted from sustainable materials.

In the pharmaceutical domain, both Biogen and Novo Nordisk are focusing on energy efficiency, waste reduction, and other sustainable initiatives. Biogen has tied their compensation scheme to their sustainability targets, whereas Novo Nordisk strive towards net zero emissions across its entire value chain by no later than 2045.


In conclusion, while sustainability poses a significant challenge, a broad range of enterprises are developing visionary sustainability strategies and practices. As they navigate through these transformative times, expertise and guidance is required. NIVI does not only provide the tools for corporations to track, measure, and reduce their emissions, we also hold vast experience in guiding companies towards effective decarbonization strategy. NIVI equip businesses to accelerate their sustainability goals while setting the direction for sustainable growth.

Balancing the Books and the Climate - The New Corporate Challenge
balancing the books and climate balancing stones
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Understanding greenhouse emissions is more than just environmental stewardship; it's often essential for business success. The classification into Scopes 1, 2, and 3 helps businesses to categorize their emissions.

The days are gone when the priority was only to provide financial dividends to their stakeholders. Modern businesses are increasingly embracing a broader perspective, ensuring alignment between social responsibility and profit.

Focus on sustainable practiceses and environmental stewardship are accelerating. Decarbonization has emerged as a key pillar in this transformation, from future ambitions to a strategic must-wins.

The 10th of November 2022 marked a significant day for European corporations as the European Parliament adopted the Corporate Sustainability Reporting Directive (CSRD). The CSRD holds a clear mandate: facilitating a major shift in how companies report on their Environmental, Social, and Governance (ESG) activities.

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Life Cycle Analysis (LCA) is an effective method for evaluating the environmental impact of products. It offers insights to drive sustainability and business success. By revealing inefficiencies throughout the product life cycle, companies can achieve significant operational efficiencies and cost savings, enhancing profitability.

DNV Verifies NIVI Climate Reporting Platform

 At NIVI, we are dedicated to providing businesses with robust tools for tracking and managing their greenhouse gas emissions. Recently, our climate reporting platform underwent a rigorous third-party verification by DNV, a globally recognized leader in quality assurance and risk management.

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