Sustainability strategy

A sustainability strategy is a systematic plan that companies develop to integrate environmental, social, and economic sustainability into their business processes. It serves to create long-term value for companies, stakeholders and the environment.

A company's sustainability strategy defines how it assumes environmental, social and economic responsibility while achieving its long-term goals. It includes specific measures and goals in areas such as climate protection, resource efficiency, social justice and corporate ethics. It is typically based on international standards such as the UN Sustainable Development Goals (SDGs), the Corporate Sustainability Reporting Directive (CSRD) or the GHG protocol.

A central component of any sustainability strategy is the identification of key issues through a Dual materiality analysis, which assesses risks and opportunities both for the company itself and for the environment and society. This includes defining specific measures such as emissions reduction, sustainable supply chains, circular economy and investments in climate-friendly technologies. Progress is measured regularly, for example through the corporate carbon footprint (CCF), and disclosed in reports such as the CSRD.

The successful implementation of a sustainability strategy requires a structured approach that involves different departments such as finance, purchasing and quality management. Digital tools and automated data processes, such as those offered by Tanso, help companies implement their strategy efficiently and in an audit-proof manner.

For manufacturing companies, a well-founded sustainability strategy is crucial. It helps companies to meet regulatory requirements such as the CSRD, CBAM or the EU taxonomy and to adapt to the increasing expectations of customers, investors and suppliers.