Updates to CSRD and CS3D: Thresholds raised, scope adjusted The Council of the EU has agreed on its position regarding two important frameworks: Corporate Sustainability Reporting Directive (CSRD) The employee threshold is proposed to increase from 250 to 1000 employees. Listed SMEs would be excluded from the scope of the directive. A net turnover threshold […]
Financial Reporting Financial reporting and monitoring provide valuable insights into the company’s financial health, supporting cost management and decision-making. The monthly report tracks the company’s financial position and development on a month-to-month basis. Often, actual figures are compared against the budget, while also monitoring key financial metrics and goals. In addition to conventional monthly reporting, […]
Process mining highlights bottlenecks, but doesn’t solve them Process mining is an exceptionally powerful way to see how processes actually run. It uncovers deviations, bottlenecks and loops that typically stay hidden. But the data itself doesn’t change anything. Too often companies treat process mining as a one-off project: they implement the tool, run an analysis, […]
Threat 1: Process mining is seen as an IT project, not as a tool for business development One of the biggest mistakes in process mining? Treating it as just another IT or analytics project. When you silo it within the tech or IT team, the business perspective often fades into the background. But the truth […]
Process mining supports continuous improvement across the organisation and is a vital part of modern business development. Instead of asking “How is our process supposed to work?”, process mining asks “How did the process really proceed in every single case?” By making system event data visible, process mining helps organisations uncover the real flow of […]
Recent international reports (HR.com 2024, and Insight222 2024) suggest that only a few organisations effectively use HR data in their decision-making processes. Conversely, companies that interpret HR data and make it available to management are much more effective at developing their organisation. Where does this discrepancy come from, and how can it be addressed? The […]
1. Market Expectations Banks, investors, and large customers increasingly expect EU Taxonomy data to assess sustainability. Financial institutions need this data for their own Green Asset Ratio calculations, and may require non-obligated companies to provide taxonomy information before approving loans or investments. Even without a legal requirement, companies may need to provide this information to […]
1. SFDR: Investment Funds Must Report EU Taxonomy Alignment Under the current Sustainable Finance Disclosure Regulation (SFDR), investment funds classified under Article 8 or 9 are required to disclose the proportion of their portfolios that are aligned with the EU Taxonomy. With the upcoming SFDR reform (expected in Q4/2025), it is anticipated that all investment […]
As a sustainability expert, I’ve witnessed how globalization influences corporate value chains—from downstream to upstream. Globalization means companies must navigate complex networks of production, trade, and consumption that stretch across the world. This creates both opportunities and challenges, particularly regarding transparency, environmental impact, and human rights. Global Value Chains – Opportunities and Risks Globalization and […]