Sustainability

Sustainability is no longer a niche topic, it has become mainstream 

Whether due to increasing demands from legislators or customers, the growing international expansion of renewable energy, or the more frequent exposure of social exploitation – sustainability issues have entered the mainstream. For businesses, this means having to address sustainability-related issues with increasing frequency. The decisions made in this regard can be decisive for a company’s long-term survival. 

Stakeholders’ expectations of companies run along two lines: 

• Providing sustainability-related information that goes beyond financial metrics, for example by following a sustainability reporting framework such as GRI, ESRS or VSME ESRS 
• Taking responsibility by considering the environmental and social impacts of business decisions and incorporating them in a transparent and well-reasoned manner

The triple bottom line – an approach to defining sustainability 

To ensure a holistic view and the correct positioning of sustainability within a corporate context, EFS Consulting recommends defining sustainability with the use of a three-pillar model referred to as the ‘triple bottom line’. The basic premise is that sustainable actions can only be achieved through the simultaneous and equally weighted pursuit of environmental, economic and social objectives. 

Based on this fundamental principle, EFS Consulting works with clients and organisations to help them progress on their journey towards sustainability. EFS Consulting supports them in identifying and implementing sustainable innovations and opportunities, thereby integrating sustainability effectively into their business model.