Review: This is how the investment giants’ holdings have fared on the reporting days

Charlie Taylor

New sustainability requirements – a challenge for many companies

Published: July 4, 2022, 7:00 a.m. Updated: July 8, 2022, 3:52 p.m.In step with digitization and the green transition, sustainability issues are getting higher on the agenda. This applies to several industries, and not least within the universe of capital – the banking and financial sector – where there is increasing talk of sustainable investments and ESG criteria. ESG, which stands for Environmental, Social and Governance, is a measure of sustainability for businesses. In short, it is about how companies act with regard to the environment, social responsibility and corporate governance. – Companies’ sustainability work has come to play an increasingly important role in recent years, and it will continue to do so. The outside world has gained an increased awareness of sustainability issues and, in addition, political pressure that has resulted in directives. If you are not a sustainable company, you will not survive in the long term, says Jeanette Jäger, CEO of UC at Enento Group in the Nordics. Recently, several new directives and legislation regarding sustainable finance have been developed, including the EU’s taxonomy and Corporate Sustainability Reporting Directive (CSRD). – The EU’s taxonomy is a classification system for what constitutes a sustainable investment. The legislation is a tool to make it easier for investors to identify and compare environmentally sustainable investments. In this way, all companies follow the same guidelines to be able to call themselves sustainable, she says.Sustainability reporting for all companies In the wake of new directives on stricter sustainability reporting, market demand for better sustainability data and value-added services is increasing. Jeanette Jäger believes that investors are chasing green investments and that ESG data will play a vital role in companies’ ability to cope in the future. The new directives also push smaller, unlisted companies that – sooner or later – will have to comply with the sustainability requirements in order to remain relevant. – We have known for some time that sustainability is a question of profitability. If you can show your investors, customers and the labor market that you “walk the talk” and deliver data on your sustainability work, you make yourself attractive. We will see several directives and legislation regarding this in the future, which will have a “spill over” effect on companies at all levels in business, even smaller and unlisted companies that are not directly covered by certain requirements.ESG report should facilitateTo get a picture of companies’ sustainability, UC offers an ESG report with information based on data from various business areas. With the report as a basis, you can make sustainable and strategic choices for your company, says Jeanette Jäger. – Our ESG report is unique of its kind. In a few minutes, you can order sustainability data on any limited company in Sweden, regardless of size and not just listed companies. It can also be taken at your own company, which is good if, for example, you have less resources to spend on manual reporting. If you haven’t already started reporting your sustainability data, it’s high time you started now, she says. Read more about UC’s ESG report here Facts
The Nordic business information company Enento Group collects and transforms data into intelligence and knowledge that is used in interactions between people, companies and societies. Enento Group has operations in Finland, Sweden, Norway and Denmark. In Sweden, Enento operates as UC, Proff and Allabolag. Read more about UC here. The article is produced by Brand Studio in collaboration with UC and not an article by Dagens industri

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