Strategies
In 6 steps, here’s how we define the most suitable path for your company:
Assessment
We engage with the company management to verify sustainable development plans consistent with the business plan. ESG Analysis: we subject our client companies to a process of analysis of procedures in the environmental, social and governance spheres Measuring impacts: Scope 1 and Scope 2; at a later stage Scope 3 This results in an overall and area-by-area rating, with indications of areas where improvement actions need to be implemented and an analysis of existing certifications and those needed in the future. This phase is essential to outline a long-term plan of sustainability commitments and goals that must also generate economic value.
Stakeholder Engagement
Listening to stakeholders inside and outside the company is also a necessary step in order to be able to define a sustainable development strategy: in fact, listening to one’s stakeholders means understanding how the company is perceived, what the demands are on it, and laying a solid foundation for developing a shared and effective strategy.
Manifesto of Intent
The next step consists of drawing up an institutional document in which the company officially communicates its sustainability commitments to its stakeholders. The Manifesto of Intent has the triple function of:
- definition of the company’s long-term strategic direction;
- clarity and transparency towards stakeholders on sustainable development goals;
- basis for communication in all its channels and formats
Strategic Plan
The Strategic Plan defines the strategy, priorities and actions necessary to achieve the objectives and defines the road map. Sustenia also accompanies the companies in the definition of the Plan and relies on its technical partners for the different activities, such as Production Process Analysis, Energy Savings, Life Cycle Assessment, Support to R&D, Sustainability Report or Balance Sheet, Certifications, Compensation (carbon neutrality).
Cultural contamination and Monitoring
To be effective, a Strategic Plan must be shared at all levels of the company. For this, we suggest organizing workshops with top and middle management to help them understand values, goals and commitments and to get feedback with useful suggestions for the final Plan. We also recommend creating an internal Green Team to coordinate and monitor the progress of the actions planned and undertaken.
Sustainability Report
The Sustainability Report is being transformed from a reporting document into a strategic planning document. Depending on the type of company (turnover, number of employees, cash flow), European regulations stipulate different obligations (CSRD regulation). In any case, the Report, even in a simplified version for companies that do not have legal obligations, is becoming an indispensable transparency document, much in demand by customers and clients and by the credit system.
Sustenia accompanies companies throughout the process or the parts that companies need most, and can also contribute to the communication and reputation aspects.
Main focus areas
After defining the strategy, we identify the areas of intervention most consistent with your path and objectives:
Innovation and Research & Development
In a sustainable development strategy, the real turning point comes from innovation, which allows a leap forward in achieving the goals of impact reduction. As a matter of fact, the development of process and product innovations can raise the competitiveness potential of every company. Sustenia supports its clients in the R&D field independently and with the scientific assistance of the best skills for each different project: Scuola Superiore S. Anna of Pisa, Polytechnic of Milan, Bicocca University of Milan, University of Perugia, start-ups focused on sustainable development and research institutions.
Circular economy
The circular economy is an economic system planned to reuse materials in subsequent production cycles, reducing waste to a minimum already in the design phase. Its advantages are: reduction of raw material input and energy consumption, minimization of waste and integration of industrial symbiosis processes within one’s business. All of this also translates into clear economic advantages for the company and for the Country as a whole. Sustenia supports companies in the implementation of a dedicated circular economy process.
Energy management
Energy is a strategic sustainability asset, a competitive and resilience factor. Energy management refers to the process of monitoring, controlling and conserving energy within an organization, which allows us to identify routine waste, understand how to save energy and make the production process more efficient. Sustenia promotes an intelligent and more sustainable energy future, following companies through paths that lead to the self-production of energy through photovoltaic systems, cogeneration and trigeneration plants and the development of energy communities in the territories in which the companies operate.
Financial Consulting EU
The sustainability and ecological transition processes carried out by companies benefit from huge funds allocated by various national and European institutions. Particularly important are the Next Generation EU (PNRR), which makes 70 billion available to Italy in 7 years, and the tenders in favor of companies involved in the green transition issued by MISE (Italian Ministry of Economic Development), Regions and Chambers of Commerce. Sustenia collaborates with consultants who monitor tenders based on clients’ needs, assisting companies in the planning phase.
Sustainability Report
An important part of a company’s sustainable path is the Sustainability Report, which tells stakeholders about the environmental, social and governance objectives integrated with the business plan. Sustenia considers the Report as a photograph along a dynamic path and is able to implement it with its internal staff and a network of highly experienced technicians.
An integral part of a sustainability journey, is the Communication Plan, built according to the targets and objectives: the telling and disclosure of one’s project, commitments and achievements; the involvement of customers, consumers and communities; and the growth of the company’s reputation. A good Plan allows you to plan, manage and monitor the strategies and actions planned to achieve specific goals.
