#9A - Sustainability Reporting in the Digital Age

Digital processes and artificial intelligence will greatly simplify data collection and compliance for companies! This will save resources in the future and allow a stronger focus on impactful sustainability measures. A true contribution to sustainability! With our guest Dr. Ubbo Aßmus, we discuss modern cloud-based AI solutions that will significantly simplify sustainability reporting in the face of complex EU regulations like the EU CSRD.

Guest: Ubbo Assmus, CEO & Co-Founder Lawcode.com
Podcast Take: 30. September 2024

LinkedIn, Dr. Ubbo Aßmus:

https://www.linkedin.com/company/lawcode

Abbreviations:

1. 
   

   CSRD (Corporate Sustainability Reporting Directive)
   
   This directive expands sustainability reporting requirements for companies operating in the EU, ensuring transparency about environmental, social, and governance impacts.

   
   


2. 
   

   EU DDD (Corporate Sustainability Due Diligence Directive)
   
   The DDD obligates companies to address and report on adverse human rights and environmental impacts throughout their supply chains.

   
   


3. 
   

   EU DR (Deforestation-free Regulation)
   
   This regulation ensures that products sold or exported within the EU are free from deforestation, promoting sustainable supply chains.

   
   


4. 
   

   ESG (Environment, Social, Governance)
   
   ESG criteria measure a company's impact on the environment, its relationships with stakeholders, and internal governance practices.

   
   


5. 
   

   Lawcode (Company name and tool suite)
   
   Lawcode offers a suite of cloud-based solutions designed to simplify regulatory compliance, particularly in sustainability reporting.

   
   


6. 
   

   Scope 1, 2, 3 (emissions definitions)
   
   Scope 1: Direct emissions from owned or controlled sources.
   
   Scope 2: Indirect emissions from the generation of purchased energy.
   
   Scope 3: All other indirect emissions that occur in a company’s value chain.

   
   

Hash-Tags
Always for Michael's Green World
#ClimateChange, #GlobalWarming, #Sustainability, #MichaelGreenWorld, #ClimatePodcast, #SciencePodcast, #PodcastEpisode, #GreenSolutions, #SustainableFuture, #EcoFriendly

For this episode’s topics
#CloudBasedSolutions, #SustainabilityReporting, #DigitalReporting, #DataCollection, #ComplianceTools, #DigitalTransformation, #CorporateSustainability, #SustainabilityCompliance, #RegTech, #ITLaw

For Dubbing
#AI-Powered, #Translation, #Dubbing, #Vidby