Sustainability

our approach

“Humanity has the capacity to sustain development so that it meets the needs of the present without compromising the ability of future generations to meet their own needs.“
Gro Harlem Brundtland

No business will be viable in the long run, if it does not achieve the balance stated above. Sustainability has to be part of a company‘s business strategy and business model. ELCH considers a company sustainable, if it uses its core business practices and strategies to create long-term environmental, social, governance, and financial value for itself, its stakeholders and society. Thus, our understanding of sustainability includes established ESG approaches, but then goes far beyond.

ESG is not Sustainability, but an important part of it

A sustainable company uses its core business practices and strategies to create long-term environmental, social, governance and financial value for itself, its stakeholders and the society

Our smart approach to sustainability

Sustainability has become a top-management priority. Regulatory requirements on companies (e.g. Corporate Sustainability Reporting Directive, Supply Chain Due Diligence Act, European Reporting Standards for Sustainability, Taxonomy…) are constantly increasing. Investors‘ expectations on sustainability performance are growing towards impact formats, and stakeholders and societies are effectively holding companies accountable for their actions. Acting sustainably as a corporate citizen has to become part of corporate DNA.

ELCH supports companies starting from developing sustainability strategies over sustainability reporting and impact valuation all the way to creation of new sustainable business models and implementing sustainable business strategies.