What is VSME?
VSME (Voluntary Sustainability Reporting Standard for SMEs) is a voluntary reporting standard for sustainability reporting specifically for small and medium-sized enterprises.
VSME (Voluntary Sustainability Reporting Standard for SMEs) is a voluntary reporting standard for sustainability reporting specifically for small and medium-sized enterprises.
In the landscape of renewable energy, companies face unique challenges that require tailored solutions. As the industry seeks to enhance control, efficiency, and sustainability, NetSuite stands out as a formidable partner for renewable energy firms, effectively addressing their unique business challenges and driving operational excellence.
ERP systems are critical to business operations, managing purchasing, logistics, billing, accounting, and more. However, as businesses grow, they can outgrow their ERP, leaving leaders to decide: upgrade the existing system or replace it entirely?
Improving workforce diversity may seem daunting, and discussions about diversity can feel uncomfortable. Many businesses rely on the same networks when hiring, which tends to result in a team that looks a lot like their current leaders. This makes it harder to bring about the changes needed for a truly inclusive workplace.
Even though the EU's ESG legislation does not yet directly affect SMEs, the requirements may still impact them through larger customers. What should you do when bigger clients start asking about sustainability issues, but your sustainability efforts are still in the early stages? This is when it’s wise to turn to an interim sustainability expert, like Hanna Kämäräinen.
Contemplate the world we live in today. Over 8 billion people spread over 7 continents. Diversity is everywhere, but inclusion is a choice to make. We're all unique, and these differences can sometimes lead to discrimination and rejection whether through direct or indirect mistreatment of employees, or by treating some employees less favorably than others. The United Nations reports that one in six people globally experiences some level of discrimination, with women and individuals with disabilities being especially impacted. By promoting diversity, equity, and inclusion (DEI) in the workplace, it is one step forward to minimize inequalities.
The conclusion of the renowned report by economist and emeritus professor Partha Dasgupta of the University of Cambridge is clear: business can no longer rely on the overconsumption of natural resources. Nature is our most valuable capital, and if we exhaust this capital, there will be no basis for any form of life.
As sustainable products and services have become more attractive to customers in recent years, organizations have seen the advantage of promoting their products and services as sustainable. Claims such as 100% biodegradable, eco-friendly or green products have been widely used and made it hard for customers and consumers to understand products' real environmental performance.
In the fast-paced world of business, sustainability isn't just a moral obligation—it's a proven path to profitability. Research conducted by Seemann et al. (2023) reveals that the most sustainable companies are also the most profitable. By prioritizing environmental, social, and governance (ESG) efforts, companies can create long-term value and outperform their competitors.