Salterbaxter

🚨 Calling all in-house sustainability and communications professionals! 🚨 ‘Drill, baby, drill’ has defined a decade of populist rhetoric, while ‘Net Zero’ has struggled to inspire. As climate policies waver and public sentiment shifts, is the sustainability movement losing the war of words? At our upcoming webinar on Thursday 24th April, ‘The New Vocab of Values: Can Sustainability Win the War of Words?’, we’ll explore: 🗣️ How sustainability language has evolved, and where it’s failing 🔍 New research exploring how people react to climate messaging 🚀 Lessons from social movements on reframing complex issues 🤝 How to engage audiences without fuelling division You'll hear from expert voices from media, activism, politics, and business as they discuss the power of framing, messaging, and storytelling in sustainability communication. ⭐ lucy siegle, Writer and Broadcaster ⭐ Chris Hines, Co-founder of Surfers Against Sewage and former Sustainability Director of the Eden Project ⭐ Jamila Brown, Sustainability Activist and Social Impact Strategist Register your interest: https://lnkd.in/eadWw49z

We're very excited to introduce Lara Cornwall, who joins as Managing Partner, Corporate & Sustainability. Her appointment marks the beginning of a new joint Corporate & Sustainability offer, bringing our expertise together with our colleagues at MSL UK. We’re bringing deep industry knowledge and integrated communications to help businesses navigate ESG, sustainability strategy, and corporate reputation. Welcome, Lara! Read more in PRovoke Media: https://lnkd.in/ezaSbcyj

👏 Excited to see the Flora Food Group 2024 Annual Report go live!   A brilliant showcase of purpose-led storytelling and strong performance, brought to life by a huge collaborative effort from the Flora Food Group’s team — and a privilege for us to support creatively and strategically behind the scenes. Fully created and produced in Workiva, it’s also a great example of seamless delivery through smart collaboration.   Check it out here: https://lnkd.in/eT7FKED9

Sustainability is often seen as a compliance burden rather than a catalyst for progress. Companies spend 43% more on reporting than on innovation, hindering real change. Yet, if we’re to make strides into genuine progress, recapturing the spirit of innovation is essential. Companies must shift from compliance-driven to innovation-led approaches. This series explores how organisations are driving change, through unexpected partnerships, bold leadership, and a reimagining of industry norms, to turn sustainability into a force for positive change. Join us in discovering the innovations shaping a better future. 

Our final instalment of the three-part Omnibus series provides an overview of the proposed changes to the EU Taxonomy. While positive changes, such as simplified reporting templates, have been introduced, the reduced scope and new materiality thresholds may weaken its original objectives and impact within the broader investment ecosystem. Nicola Ledsham Eleonora Puglisi Ruchi Todi Francesca Micallef #EUOmnibus #EUTaxonomy #CSRD #CSDDD #CS3D

As legislators don't make it easy, we have tried to 'simplify' the legal jargon around CSDDD. While we navigated the legal speak, we're concerned by just how much this proposal waters down the requirements, especially giving Member States much more freedom on various aspects of the regulations, moving away from the original harmonisation principle. CSDDD is not fit for the purpose it was set out to achieve. More to come... Nicola Ledsham Eleonora Puglisi Ruchi Todi Francesca Micallef #EUOmnibus #CSRD #CSDDD #CS3D #EUTaxonomy

Nicola Ledsham, Associate Director, explores the future of sustainability reporting in light of the recent EU Omnibus announcement, considering how businesses can use this moment in time as an opportunity to free themselves from a compliance mindset and unlock value. Read more 👇

We have taken the past few days to digest the EU Omnibus proposal and what it means for companies. Navigating the legal jargon is a challenge in itself, so we have broken down the proposed amends into 5 categories: 1️⃣ Pause button 2️⃣ Reduced scope 3️⃣ Penalty and civil liability  4️⃣ Due diligence/value chain 5️⃣ Simplified requirements   You can find our summary for the proposed changes to CSRD. More on CSDDD and EU Taxonomy in the next few days. Stay tuned! Eleonora Puglisi Nicola Ledsham Ruchi Todi Francesca Micallef

While Europe is consumed by the omnibus, in other parts of the world the landscape also continues to develop. In Australia, the latest guidance from #AANA highlights increasing expectations for responsible communications. Stu has written a great piece for Marketing Mag that talks about the power of authenticity, rather than the burden of compliance. Salterbaxter Australia, Salterbaxter

The Omnibus speculation has kept the corporate sustainability world firmly on the edge of its seat. Now that the big day has finally arrived, it turns out that all the speculation arising from the leaks was pretty much confirmed. I’m sure you’ll all have been across the detail by now, but in a nutshell: 1️⃣ CSDDD • Due diligence limited to tier 1 suppliers • Extending intervals for monitoring due diligence measures • Reducing the definition of stakeholder and restricting engagement • Application delayed until 2028 2️⃣ CSRD • Double materiality assessments remain intact 🎉 • Reporting thresholds increased, reducing the number of undertakings subject to mandatory reporting by approx. 80% • Significant reduction in ESRS scope • Sector specific guidelines scrapped • Removing the reasonable assurance standard  • Application delayed for an additional 2 years (for waves 2 and 3 - while the above is agreed) 3️⃣ EU Taxonomy • Proposed changes to Taxonomy Disclosures and Delegated Acts under Article 8 • Voluntary taxonomy reporting for large CSRD companies • Streamlined reporting templates, reducing data points by 70% post-consultation • Simplified "Do No Significant Harm" criteria for pollution control after consultation But let’s remember - this is still a proposal, and the law won’t change overnight. It’s going to take a long time for the Omnibus to be adopted, and if recent events are anything to go by, it may change again in the coming year/s. Consider this: It took 21 months for the CSRD to be adopted; 25 months for EU Taxonomy; and 26 months for CSDDD. In other words, it’s very likely we may not know the full extent of the Omnibus before 2027 ⏰ At Salterbaxter, we’ll be taking the time to digest the proposal and what this all means for business in terms of practical steps (watch this space) and in the meantime, we're doubling down on working with our clients who are already committed to taking steps towards sustainable transformation. If you’re interested in discussing how we can support your sustainability journey in the age of the Omnibus, please feel free to reach out 🎬