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Sustainability provides competitiveness

Trude Tvedt
Trude Tvedt

Sustainability is becoming a natural part of how companies are assessed in the market.

Customers, banks, investors and public sector clients are increasingly demanding information about how companies work with climate, the environment and responsible supply chains. This is due to new European rules on sustainability and finance, which require many companies to collect and report such information.

This means that sustainability is no longer just about communication or reputation. To a greater extent, it becomes part of the company's documentation to the market.

For small and medium-sized companies, the EU has therefore developed the VSME standard - a common European format for sustainability reporting. The standard makes it easier to collect and structure relevant information in a way that can be understood and used by customers, banks, investors and public bodies.

When companies can document their sustainability work in a structured way, it becomes easier to meet market demands - and stand stronger in the competition.

Kimaa is based on the VSME standard and makes it easier to collect and structure this information.

Photo by Sander Weeteling on Unsplash

 

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