We cover a wide range of sustainability topics that are relevant to our member companies.
Sustainable Development Goals
88 percent of our members say: „The SDGs are relevant to us“. econsense supports them in implementing the goals in their companies – for example with cross-sector workshops, dialog events, white papers or our handbook „#CompaniesForChange“.
Digitalization is changing everything: the way we work and communicate, how we learn and travel, how we inform ourselves – and how we do business. Digitalization itself must also be sustainable. econsense works on this together with its members. We discuss ideas on how companies can use the potential of digitization to achieve stable, healthy and sustainable growth and at the same time create added value for society – for example through good work or smart mobility.
Companies use two effective levers for environmental protection: increasing efficiency and closing the loop. This means: consume little, waste nothing, reuse a lot. econsense is in constant contact with its members, with German politics, with the EU institutions, with scientists and with NGOs. We collect best practice examples and discuss in workshops how to make manufacturing processes more sustainable – and how we can turn waste into added value.
Our member companies not only stand by the goals of the Paris climate agreement of 2015, but in some cases even go beyond. econsense supports their members along this ambitious path: We actively participate in world climate change conferences and promote dialogue at our own events – between our member companies and with their stakeholders – policy makers, scientists or NGOs. We discuss for example solutions on how companies can reduce emissions in their production processes and along their supply chains or how the global community can impose simple, binding and effective prices for CO2 emissions.
Every business activity has a positive and negative impact. In the interests of sustainable business, the econsense member companies want to minimize the negative consequences of their business activities and increase the positive ones. We analyze measurement methods with which social or environmental effects can be reported qualitatively, quantitatively or in monetary terms and discuss them critically with our members – for example the „Product Environmental Footprint“ of the EU Commission.
Business and Human Rights
The econsense members are constantly improving their approaches to respecting human rights. econsense is in regular contact with the German government, which has developed guidelines on the role of companies in respecting human rights with a National Action Plan (NAP). We offer our members orientation regarding the NAP and other international frameworks and develop practical guidelines for business to set up processes and management systems for human rights.
Sustainability along the Value Chain
Global supply chains do not end at national borders or on the coasts of Europe. The value chains of globally operating companies can comprise hundreds, sometimes thousands of steps. The econsense member companies put a lot of effort in increasing sustainability in their supply chains. In this context econsense provides a platform for its members to exchange for example on how to evaluate risks in the supply chain or which criteria to select when introducing sustainable supply chain management.
Reporting & Rating
econsense member companies regularly report not only on financial but also on non-financial information taking into account relevant national and international reporting standards. econsense provides its members a platform for dialogue and learning, publishes research reports on current reporting practices and exchanges views with state and civil society representatives.
The road to successful sustainability communication can be strenuous. But companies who regularly communicate in an open and transparent way have a better chance to explain their view to stakeholders like analysts, policy makers, NGOs and employees even in difficult times. That is why econsense promotes the exchange of experience between its member companies for successful communication and organizes dialogue formats and workshops with journalists.
When investors and asset managers provide capital for environmentally and socially responsible business models, sustainably positioned companies and industries can grow. To ensure that our member companies are well positioned for this development, econsense provides them with comprehensive, up-to-date information. We raise our members‘ awareness of Sustainable Finance and show how the topic is relevant for companies in questions of financing or capital investment.
Dr. Thomas KoenenExecutive Director
- Representation vis-à-vis the public and politics
- Strategic alignment of econsense
Nadine-Lan HönighausExecutive Director
- Head of Office
- Advisory Services