A sustainability matter is material if it meets the definition of impact materiality, financial materiality, or both.
ESG factors, which include sustainability factors as defined in EU Regulation 2019/2088, encompass environmental, social, human rights, and governance considerations.
Sustainability opportunities that have a positive financial impact on a company's cash flow, ability to obtain financing, or cost of capital in the short, medium, or long term.
A sustainability matter is considered important when it has significant positive or negative impacts on people or the environment in the short, medium, and long term. This includes impacts from the company's operations, supply chain, products, services, and business relationships.
A sustainability matter is financially significant if it poses risks or opportunities that impact the company's financial position, performance, cash flows, access to finance, or cost of capital in the short, medium, or long term.
The impact of an activity or business on the environment and people, including their human rights. It can be positive or negative, short or long-term, intended or unintended, and reversible or irreversible, and shows the contribution to sustainable development.
Get Coolset's latest updates on upcoming regulations, case studies and product features. Curated by our team of climate experts.
Coolset contributes 1% of it’s revenues to remove CO2 from the atmosphere. See commitment
©2023 Coolset. All rights reserved.