Latest news with #ESRS
Cision Canada
28-05-2025
- Business
- Cision Canada
Socialsuite Unveils First-of-Its-Kind AI-Driven Double Materiality Software for CSRD Compliance
AUSTIN, Texas, May 28, 2025 /CNW/ -- Socialsuite, a leader in sustainability risk management technology, announces the launch of its groundbreaking AI-driven double materiality software —an end-to-end solution designed to help organizations navigate the complexities of the Corporate Sustainability Reporting Directive (CSRD) with confidence. This first-of-its-kind platform combines stakeholder engagement data capabilities with AI-powered benchmarking enabling compliance alignment with ESRS and ISSB standards to revolutionize the mandated double materiality assessment process. "As organizations face increasing regulatory pressure, they need a solution that not only ensures compliance but also streamlines and enhances their materiality risk assessments," said Seth Forman, CEO of Socialsuite. "Our new platform combines cutting-edge AI with collaborative project management tools, helping companies reduce the time and cost of conducting a double materiality assessment by up to 80%." "Socialsuite's platform is filling a major ESG tech stack gap. Its ability to map dependencies, business activities, and relationships across the value chain and digitally connect flexibly score IROs truly sets it apart from other providers" said Jeffrey Crawford, Managing Director of Azuri. Key Benefits and Features End-to-End Management: Eliminate spreadsheets with a structured, collaborative approach that centralizes stakeholder engagement, materiality data, and documentation into one auditable, intuitive platform. AI-Driven Insights: Uses intelligent benchmarking to identify industry trends, assess impacts, risks, and opportunities, and guide strategic decision-making. Compliance Made Simple: Built-in alignment with CSRD and IFRS standards ensures confident and credible reporting. Trusted by Industry Leaders Industry leaders, including in-house sustainability teams and consultants, already recognize the value of Socialsuite's technology in strengthening their double materiality assessments and sustainability strategies. "Socialsuite has been a game-changer for us. Their platform and expertise made our materiality assessment so much smoother and faster. We got deeper insights from stakeholders, which really strengthened our reporting and strategy. Thanks to Socialsuite, we're raising the game in sustainability for our industry." – Renata Lopes, Head of Sustainability at Tabcorp "Socialsuite's combination of innovative technology and expert advisory support helped us navigate the complexities of sustainability in our sector. The materiality assessment process gave us clear insights into the priorities of our stakeholders, eliminating the guesswork and providing us with a strategic roadmap for the future." – Kai Martin, Chief Sustainability Officer at The Pasha Group As organizations worldwide prepare for CSRD mandates, Socialsuite provides a practical, efficient, and scalable solution to one of sustainability reporting's biggest challenges. To learn more about the Socialsuite double materiality software, visit
Yahoo
28-05-2025
- Business
- Yahoo
Socialsuite Unveils First-of-Its-Kind AI-Driven Double Materiality Software for CSRD Compliance
AUSTIN, Texas, May 28, 2025 /PRNewswire/ -- Socialsuite, a leader in sustainability risk management technology, announces the launch of its groundbreaking AI-driven double materiality software —an end-to-end solution designed to help organizations navigate the complexities of the Corporate Sustainability Reporting Directive (CSRD) with confidence. This first-of-its-kind platform combines stakeholder engagement data capabilities with AI-powered benchmarking enabling compliance alignment with ESRS and ISSB standards to revolutionize the mandated double materiality assessment process. "As organizations face increasing regulatory pressure, they need a solution that not only ensures compliance but also streamlines and enhances their materiality risk assessments," said Seth Forman, CEO of Socialsuite. "Our new platform combines cutting-edge AI with collaborative project management tools, helping companies reduce the time and cost of conducting a double materiality assessment by up to 80%." "Socialsuite's platform is filling a major ESG tech stack gap. Its ability to map dependencies, business activities, and relationships across the value chain and digitally connect flexibly score IROs truly sets it apart from other providers" said Jeffrey Crawford, Managing Director of Azuri. Key Benefits and Features End-to-End Management: Eliminate spreadsheets with a structured, collaborative approach that centralizes stakeholder engagement, materiality data, and documentation into one auditable, intuitive platform. AI-Driven Insights: Uses intelligent benchmarking to identify industry trends, assess impacts, risks, and opportunities, and guide strategic decision-making. Compliance Made Simple: Built-in alignment with CSRD and IFRS standards ensures confident and credible reporting. Trusted by Industry Leaders Industry leaders, including in-house sustainability teams and consultants, already recognize the value of Socialsuite's technology in strengthening their double materiality assessments and sustainability strategies. "Socialsuite has been a game-changer for us. Their platform and expertise made our materiality assessment so much smoother and faster. We got deeper insights from stakeholders, which really strengthened our reporting and strategy. Thanks to Socialsuite, we're raising the game in sustainability for our industry." – Renata Lopes, Head of Sustainability at Tabcorp "Socialsuite's combination of innovative technology and expert advisory support helped us navigate the complexities of sustainability in our sector. The materiality assessment process gave us clear insights into the priorities of our stakeholders, eliminating the guesswork and providing us with a strategic roadmap for the future." – Kai Martin, Chief Sustainability Officer at The Pasha Group As organizations worldwide prepare for CSRD mandates, Socialsuite provides a practical, efficient, and scalable solution to one of sustainability reporting's biggest challenges. To learn more about the Socialsuite double materiality software, visit Media Contact: Kate Smith Senior Marketing Associate Socialsuite kate@ View original content: SOURCE Socialsuite
Yahoo
27-05-2025
- Business
- Yahoo
ICAEW calls for alignment with ISSB in ESRS
The Institute of Chartered Accountants in England and Wales (ICAEW) has called for the European Sustainability Reporting Standards (ESRS) to align with and build from the International Sustainability Standards Board's (ISSB) standards. With more than 6,500 ICAEW members situated in the European Economic Area and various UK companies potentially subject to these standards, the organisation emphasised the need for clarity and alignment in sustainability reporting. ICAEW expressed its support for the ambitions of the European Green Deal and the provisions outlined in the Corporate Sustainability Reporting Directive. However, the institute highlighted that the ESRS development in an accelerated manner led to flaws that could weaken the Green Deal objectives. The organisation expressed concerns regarding the principal purpose and objectives of ESRS, which are not easily understood. According to ICAEW, the prescribed information often lacks value for decision-making, and there are contradictions and ambiguities within the standards. Other concerns highlighted by the organisation include the overly detailed requirements which it says are not in line with public messaging on interoperability, and a lack of clarity over important aspects of the double materiality requirements. The European Financial Reporting Advisory Group's (EFRAG) standard-setting process has been unduly rushed, leaving insufficient time to properly consider stakeholder feedback. ICAEW's head of corporate reporting, audit and assurance Nigel Sleigh-Johnson said full alignment with ISSB standards would remove duplication of effort in standard-setting and allow the EFRAG time to focus on addressing the most challenging provisions. Incorporating the ISSB's work could simplify the development of standards applicable beyond the EU, according to Sleigh-Johnson. He also emphasised the importance of aiming for equivalence rather than mere interoperability to foster stakeholder trust in global sustainability reporting. Sleigh-Johnson said: 'We therefore support calls for the European Commission to prioritise the work needed to enable equivalence to be possible.' While acknowledging the pressure on the EFRAG to expedite the workplan, ICAEW insists on due process procedures that ensure quality and stakeholder engagement. These procedures should include a full public consultation and careful consideration of feedback, crucial for the success and credibility of the reporting standards. "ICAEW calls for alignment with ISSB in ESRS" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
Lundin Mining Announces 2024 Sustainability Report
VANCOUVER, BC, May 26, 2025 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce the publication of its 2024 Sustainability Report (the "Report") which highlights the Company's environmental, health & safety, governance and social performance during the year. Jack Lundin, President and CEO, affirmed Lundin Mining's commitment to responsible, sustainable and transparent practices in the mineral resource industry: "In 2024, we proudly celebrated Lundin Mining's 30th anniversary, a milestone year that was truly transformative for the Company. In this defining year, we took bold steps to reshape our asset base with a continued commitment to sustainability performance as an integral part of our Company's overall strategy for disciplined growth in the copper and base metals sector. We are very pleased to present our 2024 annual Sustainability Report". Since 2010, Lundin Mining has reported on the environmental, health & safety, governance and social issues that are of greatest interest to communities near its operations, employees, investors and other stakeholders in a comprehensive, stand-alone document. The 2024 Sustainability Report is considered a transitional-year report and considerable effort has gone into preparing for the European Sustainability Reporting Standards (ESRS) and European Union's Corporate Sustainability Reporting Directive (CSRD). This year's report has been aligned with ESRS while continuing to use the Global Reporting Initiative (GRI) Standards. The Report is available on Lundin Mining's website at 2024 Highlights Include: The Company advanced key greenhouse gas (GHG) emission reduction initiatives, including at Candelaria where the operation's power purchase agreement was extended from 80% to 100%. With this increased investment in renewables, all of the electricity supply of Lundin Mining's Chilean operations is now sourced from renewable sources. As of 2024, the active tailings facilities at Caserones fully conform to the Global Industry Standard on Tailings Management. Direct community investments from the Company's corporate office and sites totaled approximately $6.6 million in 2024. These investments supported education, health, culture, community development and small business development. 2024 marked Lundin Mining's second-best year on record in terms of Total Recordable Injury Frequency (TRIF) and All Injury Frequency (AIF). The Visible Felt Leadership program provided opportunities for leadership coaching and by year end, more than 121,000 leadership interactions had been recorded across Lundin Mining. Board composition exceeded the Company's female representation target, with 37.5% of female directors. Code of conduct training was updated to include a human rights module. Lundin Mining has filed its 2025 Modern Slavery Report which can be found on the Company's website. The 2024 ESTMA Report will be available on Lundin Mining's website when published. About Lundin Mining Lundin Mining is a diversified Canadian base metals mining company with projects or operations focused in Argentina, Brazil, Chile and the United States of America, and primarily producing copper, gold and nickel. The information in this release is subject to the disclosure requirements of Lundin Mining under the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below on May 26, 2025 at 15:30 Vancouver Time. SOURCE Lundin Mining Corporation View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
26-05-2025
- Business
- Cision Canada
Lundin Mining Announces 2024 Sustainability Report
VANCOUVER, BC, May 26, 2025 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce the publication of its 2024 Sustainability Report (the "Report") which highlights the Company's environmental, health & safety, governance and social performance during the year. View PDF Jack Lundin, President and CEO, affirmed Lundin Mining's commitment to responsible, sustainable and transparent practices in the mineral resource industry: "In 2024, we proudly celebrated Lundin Mining's 30th anniversary, a milestone year that was truly transformative for the Company. In this defining year, we took bold steps to reshape our asset base with a continued commitment to sustainability performance as an integral part of our Company's overall strategy for disciplined growth in the copper and base metals sector. We are very pleased to present our 2024 annual Sustainability Report". Since 2010, Lundin Mining has reported on the environmental, health & safety, governance and social issues that are of greatest interest to communities near its operations, employees, investors and other stakeholders in a comprehensive, stand-alone document. The 2024 Sustainability Report is considered a transitional-year report and considerable effort has gone into preparing for the European Sustainability Reporting Standards (ESRS) and European Union's Corporate Sustainability Reporting Directive (CSRD). This year's report has been aligned with ESRS while continuing to use the Global Reporting Initiative (GRI) Standards. The Report is available on Lundin Mining's website at 2024 Highlights Include: The Company advanced key greenhouse gas (GHG) emission reduction initiatives, including at Candelaria where the operation's power purchase agreement was extended from 80% to 100%. With this increased investment in renewables, all of the electricity supply of Lundin Mining's Chilean operations is now sourced from renewable sources. As of 2024, the active tailings facilities at Caserones fully conform to the Global Industry Standard on Tailings Management. Direct community investments from the Company's corporate office and sites totaled approximately $6.6 million in 2024. These investments supported education, health, culture, community development and small business development. 2024 marked Lundin Mining's second-best year on record in terms of Total Recordable Injury Frequency (TRIF) and All Injury Frequency (AIF). The Visible Felt Leadership program provided opportunities for leadership coaching and by year end, more than 121,000 leadership interactions had been recorded across Lundin Mining. Board composition exceeded the Company's female representation target, with 37.5% of female directors. Code of conduct training was updated to include a human rights module. Lundin Mining has filed its 2025 Modern Slavery Report which can be found on the Company's website. The 2024 ESTMA Report will be available on Lundin Mining's website when published. About Lundin Mining Lundin Mining is a diversified Canadian base metals mining company with projects or operations focused in Argentina, Brazil, Chile and the United States of America, and primarily producing copper, gold and nickel. The information in this release is subject to the disclosure requirements of Lundin Mining under the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below on May 26, 2025 at 15:30 Vancouver Time. SOURCE Lundin Mining Corporation
