Effective Sustainability Reporting as part of Xpartner's Growth Strategy

In a collaborative platform, many different companies work together to create coordinated customer offerings for their clients. Unlike a traditional corporation, the companies in a collaborative platform maintain their own identity, but share a common set of values and create added value through their collaboration.

For companies operating in the field of community construction and infrastructure, it is important to create sustainable and climate-smart solutions and thereby contribute to sustainable development in society. Since sustainability is one of the cornerstones of Xpartner's business, it is also essential that the company's own impact is transparent and measurable. This is one of the reasons why they chose to collaborate with Greenstep, which, in addition to traditional financial consulting, is strong in sustainability reporting:

- The initial support we received from Greenstep focused on financial accounting. However, from the very beginning, we also started developing a plan for our sustainability reporting, where Greenstep's consultants have played a crucial role. It is essential for us to monitor our efforts from a sustainability perspective, and we need a partner who supports us in this, says Jessica Ehrnst, COO at Xpartners.

Jessica Ehrnst has worked at Xpartners for just over two years and is responsible for the company's sustainability reporting.

Strong expansion imposes requirements on reporting

Since its inception in 2021, Xpartners has experienced remarkable growth. As of 2024, the company boasts a turnover exceeding SEK 850 million. To sustain this rapid expansion, it is crucial to be proactive and focus on the right things.

Although Xpartners possesses in-house expertise in sustainability reporting, they recognize the value of collaborating with an external partner. The partnership with Greenstep not only strengthens reporting but also offers necessary support in planning, with Greenstep functioning as a valuable sparring partner. Together, they have created a Carbon Manual that outlines what needs to be reported and how.

- Having an external partner to discuss various issues with has proven to be very valuable. For instance, when we conducted our carbon dioxide calculations in accordance with the GHG protocol, it was incredibly beneficial to have someone available to validate our results. While it’s easy to form our own opinions, receiving external validation of our work adds significant value. This not only enhances the credibility of our findings but also strengthens our overall approach, says Jessica.

A flexible co-operation meets the needs of growth companies

At Greenstep, the goal is to actively contribute to customers' growth and swiftly adapt to their evolving needs. This aspect of the partnership is something that Xpartners has particularly valued. Rather than viewing Greenstep as just a service provider that fulfills specific tasks, they see the collaboration as a shared journey of development:

- Sometimes when you hire a consultant, you might get more than you really want or need. We haven't used Greenstep as a consultant who is just going to ‘solve this’ on their own - I would rather call it more of a common learning and development process. I have appreciated that, says Jessica.

In addition to external requirements for sustainability reporting, it is also in the company's internal interest that the quality of reporting is good, as the data produced in the reports is used for analysis and future forecasting, as well as for informing stakeholders. Therefore, Xpartners can also recommend Greenstep to others who want to invest in sustainability work and reporting:

- I could definitely recommend Greenstep and what I think has been particularly good is the mix of how we work together. Especially if you are interested in being involved in this development yourself, I think it has worked well with Greenstep as a partner.

Want to know more about ESG reporting and other sustainability services? Do not hesitate to contact us!