Tag: esg

Sustainability Reporting and Access to Credit: What Banks Expect from SMEs

In recent years, the relationship between sustainability and finance has shifted from a reputational dimension to a structural risk-return variable. For Italian SMEs, this shift is particularly significant: access to bank credit remains the primary source of financing, but evaluation criteria are evolving. ESG performance, environmental, social, and governance, is no longer an “ethical” addition […]

Subsidized Finance for SME Sustainability: Grants, Tax Credits and ESG Incentives

In recent years, subsidized finance has become one of the most powerful—and at the same time most complex tools for supporting the competitiveness of Italian SMEs. It’s no longer just about financial incentives, but rather a true multilevel regulatory that integrates digital transition, decarbonization, ESG criteria, and structured reporting. According to the framework reconstructed in […]

How to Build a Reliable and Compliant Sustainability Report

Sustainability reporting has become, in recent years, one of the key tools for European companies wishing to demonstrate transparency, accountability, and a forward-looking vision. With the introduction of the Corporate Sustainability Reporting Directive (CSRD), the level of preparation required from companies has increased significantly. For many organizations, especially SMEs, the path toward structured reporting is […]

VSME: The New ESG Standard for SMEs – Key Benefits

In recent years, sustainability has become a key factor in business success. However, for many small and medium-sized enterprises (SMEs), the sustainability reporting requirements imposed on large corporations represent a significant hurdle. To address this need, the European Financial Reporting Advisory Group (EFRAG) has developed the Voluntary Standard for non-listed SMEs (VSME), a new voluntary […]

The Concept of Materiality in Sustainability: Definition and Importance for Businesse

In the evolving landscape of sustainability reporting, the concept of materiality takes on a central role to ensure transparency and accountability. Materiality allows companies to identify and disclose the most relevant information regarding their impact on the environment, society and their financial sustainability. The Corporate Sustainability Reporting Directive (CSRD) introduced the concept of double materiality, […]

Limited vs Reasonable Assurance in CSRD: Differences and Business Impacts

The Corporate Sustainability Reporting Directive (CSRD) introduced new reporting requirements for companies, providing for a gradual transition from a “Limited Assurance” to a “Reasonable Assurance” on the sustainability of the information disclosed. This article explores the differences between these two levels of assurance, what they mean for companies subject to the regulation. What is Assurance […]

Mandatory ESRS Sustainability Reporting: A Guide for European Businesses

With the entry into force of the Corporate Sustainability Reporting Directive (CSRD), the European Union has taken a significant step towards integrating sustainability into business processes. This new regulatory framework introduces the obligation for European companies with more than 250 employees to draw up a sustainability report compliant with the European Sustainability Reporting Standards (ESRS). […]

What Challenges for Companies in Adapting to the European Taxonomy

The European Taxonomy represents one of the main tools of the European Union to incentivize sustainable investments and support the transition to an economy with a low environmental impact. Introduced as an integral part of the European Green Deal, the Taxonomy provides a clear and uniform classification to determine which economic activities can be considered […]

Scope 1, Scope 2 and Scope 3 Emissions: What They Mean and Why They Matter

Greenhouse gas emissions generated by business activities can be classified into three main categories: Scope 1, Scope 2, and Scope 3. This division, introduced by the GHG Protocol (Greenhouse Gas Protocol), allows companies to identify the sources of their emissions and better understand their environmental impact. Let’s take a closer look at what each area […]

The Sustainability Report and Stakeholder Inclusion: A Responsible Growth Model

In recent years, the concept of sustainability has become central to business strategies, prompting many companies to adopt a more responsible approach to the environment, society and governance. In this context, the sustainability report has become a fundamental tool for reporting the impact of corporate activities and promoting a long-term business model. However, one of […]