May 2024

Imagine setting ambitious sustainability goals, only to realize later that they have not translated into real change within your organization. This frustrating reality faces many companies who lack transparency and data-driven controls to steer their organization towards sustainable practices.

Corporations have a high degree of responsibility for sustainable business practices. Executives recognize the importance of a more sustainable future by shifting their strategic priorities and introducing company-wide sustainability policies (e.g., waste reduction policies, green procurement policies, etc.). This is also driven by increasing government regulations, such as the EU's target of reducing net greenhouse gas emissions by at least 90% by 2040 and the Corporate Sustainability Reporting Directive (CSRD).

Failing to comply with these regulations not only harms the environment (through excessive carbon emissions, waste, etc.) but also risks hefty fines and reputational damage.

To achieve their sustainability targets, companies issue internal policies and guidelines. These aim to direct daily operations towards a more sustainable approach, for example, by avoiding unsustainable transportation, ensuring the compliance of vendor certifications and standards, and minimizing plastic packaging. But without proper controls, these policies often remain on paper, with violations going unnoticed and unaddressed. This compromises their effectiveness, leaving companies falling short of their sustainability agenda.

 

Where do businesses run into problems?

Decision makers like department heads and process owners struggle with several challenges:

  • Undetected sustainability policy violations
    They lack transparency into how well employees adhere to sustainability policies, making it hard to identify areas or processes with the biggest improvement potential.

  • Unclear impact
    It is difficult to pinpoint and assess the specific sustainability impact of policy violations within business data, hindering the prioritization of countermeasures.

  • Missing ownership
    There are no tools to assign and manage responsibility for addressing sustainability violations, leading to confusion and inaction.

  • Lack of governance
    Monitoring progress towards policy adherence and company-wide sustainability goals is unsupported, making it hard to track and measure success.

Does this sound familiar?

Are you struggling to bring to life more sustainable business processes? Do you feel that sustainability policies exist on paper, but not enough people follow these rules to make a difference?

BearingPoint Data Quality Navigator offers a solution.

Our out-of-the-box repository of internal controls is specifically designed to identify common sustainability improvement opportunities within your organization. Define data-driven internal sustainability controls with ease. Identify areas of non-compliance with your regulations and initiate counter measures, and watch as your efforts translate into tangible results:

  • Sustainability Compliance Reporting: instant insights into policy adherence, highlighting the biggest improvement potentials in your organization is provided.
  • Root-Cause Identification: the internal controls repository tailored to your policies helps to investigate the elements of your business processes for policy violations, showing individual incidents in your data and measuring their sustainability impact.
  • Monitor Improvements: Early detection is key. We enable you to react quickly and recognize deviations as early as possible. Converting policy violations into sustainability metrics, you can evaluate the missed saving potential of your organization and you can measure the success of your sustainability initiatives over time.

Identify sustainability potentials in your value chain with the Data Quality Navigator!

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