Sustainability consulting - our services for your sustainability goals

The legislator demands more transparency in the area of sustainability. Create your sustainability reporting with us and implement the findings in a targeted manner.Get in touch now

Sustainability is no longer a topic for the future: The climate catastrophe is already a real threat in many parts of the world. And for some years now, selected companies - e.g. in the financial services sector - have had to report on their sustainability measures. So far, this has taken the form of short prose. Some well-intentioned activities, such as planting trees, have been staged for publicity purposes - and some measures have provoked accusations of "green washing."

The time for lip service is now coming to an end: With measures such as the Corporate Sustainability Reporting Directive (CSRD), the Supply Chain Act or the currently discussed European Sustainability Reporting Standards (ESRS), legislators are obliging companies to take and document concrete sustainability measures. We support you not only in your sustainability reporting, but also in implementing the findings with concrete measures.

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Webinar on Demand: Master your sustainability reporting with analytical planning tools

In our free Webinar on Demand, you'll learn best practices on how to properly collect, collate and structure your sustainability data. We'll show how analytical planning tools can help you master the challenges of your sustainability reporting - without having to abandon legacy software like Microsoft Excel.

Definition: Sustainability and sustainability reporting

What does sustainability mean for companies?

Probably the best-known definition of sustainability or sustainable development comes from the United Nations: "Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs." (Brundtland Report 1987)

Sustainability includes three dimensions: Environmental (Environment), Social (Social), and Governance. Collectively, the term Environmental Social Governance (ESG) has become established. To be considered sustainable, companies must take measures in all three areas, e.g., operate efficiently and conserve resources, reduce their CO2 emissions and support employees.

What is sustainability reporting?

Sustainability reporting documents a company's sustainability strategy and measures - the EU's Corporate Sustainability Reporting Directive (CSRD) calls on business to establish appropriate controlling with sustainability indicators. Companies must familiarize themselves with the relevant data sources, sets of rules and reporting requirements and establish the necessary IT and process foundations. Otherwise, they risk becoming bogged down in exorbitant manual work, risking significant regulatory penalties and reputational damage.

Corporate Sustainability Reporting Directive (CSRD)

With the Corporate Sustainability Reporting Directive (CSRD), the EU is launching a regulation that obliges most medium-sized to large companies to report concretely and quantitatively on sustainability measures and their impact on the environment along a defined taxonomy. This results in the requirement to establish a second controlling system with sustainability KPIs in addition to financial controlling. As early as the 2023 financial year, small and medium-sized companies (including those with more than 250 employees) are also to submit mandatory reports on sustainability management activities. In addition, suppliers may be indirectly affected if a company wants to make its entire value chain sustainable.

Corporate Due Diligence in Supply Chains Act (in short: Supply Chain Act).

The Act on Corporate Due Diligence in Supply Chains obliges companies to include suppliers, e.g. for primary products and services, in sustainability issues. In this way, it aims to prevent human rights and environmental due diligence obligations from being circumvented by outsourcing to other service providers (e.g. subcontractors) in the value chain. The Supply Chain Act will apply in Germany from January 1, 2023 for companies with more than 3,000 employees. From 2024, it is to be extended to companies with more than 1000 employees.

We are at your side

From a technical point of view, sustainability reporting comprises classic disciplines from analytical data processing. TIMETOACT's experts draw on many years of knowledge in this area. Instead of manual extraction and preparation in Excel, we use modern solutions, data management and interfaces that largely automate processes and allow new, additional use cases. Benefit from our know-how:

Experts conversation

Sustainability reporting can become arbitrarily complex for companies. In this preliminary discussion, which is free of charge for you, we identify initial contexts and discuss alternative courses of action.

Discovery Workshop

Work out the best strategy for your next steps with our experts in a joint workshop. Assess risks and opportunities and find the best way forward for your company.

Implementation of reporting

Let us support you in the implementation of reporting - from the selection of the solution to the implementation and operation.

More opportunities

From obligation to freestyle! Use the information from reporting to your advantage with our experts. We accompany you during the implementation.

Increase your sustainability with the following measures

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Sustainability pays off

Perhaps you have been dealing with the topic of sustainability for some time - or perhaps the current legal situation is forcing you to take appropriate measures in the short term. The fact is: Sustainability pays off - even beyond mere legal compliance! According to the UN Sustainable Development Goals, sustainability not only includes goals such as energy or resource savings, but also education, equality, innovation, inclusion and production. In all these areas you can

act responsibly for the benefit of people and the environment,
but also differentiate yourself from the competition and generate added value for your company:

Reputation

Employees prefer companies that already act sustainably today - and focus, for example, on equal pay, inclusion and further training. In the future, investors and customers will also avoid companies that resist these trends.

Efficiency

Greater sustainability also includes making processes and the use of resources more efficient. This not only makes your company greener, but also saves you time and money.

Savings

Sustainability helps to save costs. By planning intelligently, you can, for example, reduce expenditure on IT procurement and operation. Efficient hardware, long runtimes and intelligent deletion plans to save data conserve IT budget and resources.

Legal compliance

Last but not least, the fulfillment of obligations to the legislator is also essential for many companies. It is foreseeable that further requirements will follow in the future. Be prepared today for the challenges of tomorrow.

The right manufacturer for every project

Manufacturers have long since picked up on the trend towards sustainable management and developed tools that provide you with optimum support for your sustainability goals. We are not committed to a specific product, but decide together with you which technology best meets your individual requirements. We work together with the following manufacturers, for example:

IBM-owned Envizi offers a comprehensive, modular software platform that helps organizations meet their ESG obligations and drive the management of relevant metrics. It automates the collection and consolidation of more than 500 relevant data types. Its user-friendly visualizations and interfaces, as well as easily customizable dashboards, enable you to analyze, manage, and report on environmental goals, identify efficiency opportunities, and assess sustainability risks.

IBM Planning Analytics with Watson is a powerful tool for optimizing your planning, budgeting, forecasting and analysis processes. With its extensive functionality, it is perfectly suited to carry out your sustainability reporting in a structured and compliant manner. Mathematical optimization allows you to allocate resources - taking into account their limited availability - in an automated and optimized way.

Feel free to contact us!

Günter Sommer

novaCapta GmbH Contact

Marc Bastien

TIMETOACT Software & Consulting GmbHContact

Matthias Quaisser

Business Development Lead - InsuranceTIMETOACT GROUPContact

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We would be happy to advise you in a non-binding conversation on the subject of sustainability. Just leave your contact details and we will get back to you as soon as possible.