Gaining granular insights into Scope 1,2, and 3 emissions
Balancing sustainability efforts with profitability
Compliance with CSRD
I firmly believe using Coolset will provide us with better insights and allow us to reduce our carbon emissions more effectively.
Royal Boom Publishers is a Dutch publishing group and long-standing family business, founded in Meppel in 1841. With its extensive range of publications, Boom aims to foster growth in individuals, professionals, society, and science in both the Netherlands and Belgium.
Aware of their part in shaping our society, Boom Publishers brought together their employees, shareholders, customers and suppliers to select company Sustainable Development Goals (SDGs) around which they could center their sustainability efforts.
This approach resulted in the identification of 5 broad SDGs that resulted in initiatives such as:
While being aware of the importance of these initiatives, Boomâs challenge lays in balancing sustainability efforts with maintaining a profitable business, a necessity for a company focused on business continuity and long-term growth.
âWe need to make choices that not only reduce CO2e emissions but also support the sustainable growth of the companyâs value,â says Ineke Lip, Boomâs Chief Financial Officer.
Furthermore, Boom Publishers became increasingly aware of the upcoming Corporate Sustainability Reporting Directive (CSRD) and the need to comply with the regulations.
âWith CSRD coming into effect, itâs essential to focus on the quantitative aspects and actual reporting. Working with Coolset was our first step toward compliance, and Iâm confident weâll achieve it,â says Ineke Lip.
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Coolset provides data-driven insights that help businesses like Boom Publishers balance sustainability goals with long-term growth. By offering granular data on Scope 1, 2, and 3 emissions, Coolset identified where reductions would have the most impact, enabling Boom to make informed business decisions.
Additionally, Coolset provides a compliance management tool that helps companies navigate evolving sustainability regulations and ensure compliant reporting. By working with Coolset, Boom were able to manage both carbon reduction initiatives and regulatory requirements through a single platform.
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Before partnering with Coolset, Boom Publishers were often forced to rely on guesswork and common sense to gauge the environmental impact of their business choices.
With Coolset's analysis of Boom's emissions data, the company now gains a more accurate picture of their impact.
"It was quite reassuring to discover that some of our efforts were right on track. For instance, we were already trying to focus on reducing our data usage due to its high costs. When we got back our emissions dataset from Coolset, we noticed that data storage was a huge source of carbon emissions," says Ineke.
Coolset also helped Boom Publishers by quantifying their sustainability initiatives and setting KPIs for tracking progress, a crucial requirement for complying with CSRD.
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What Boom Publishers value most about Coolset is access to data-driven insights that help them balance sustainability efforts with long-term profitability.
Ineke also expressed excitement about the possibility of future benchmarking.
âAs a financial professional, Iâm quite used to taking data points and benchmarking those across different years, to put things in context. Iâd really love to get a picture of how we perform over time, or even in comparison to companies similar to ours.â
Detailed emissions data: Coolsetâs granular data on Scope 1, 2 and 3 emissions help Boom Publishers make informed business decisions to reduce their carbon footprint.
Enhanced data transparency: Employees in various working groups can get access to emission data, making their work on sustainability initiatives faster and more efficient.
A path to compliance: Coolset helped Boom Publishers comply with CSRD requirements by transitioning from a qualitative approach to measurable, quantitative KPIs to report on sustainability efforts.
Ineke is optimistic about the collaboration with Coolset, appreciating the continuous improvements to its platform that make managing sustainability and securing compliance ever more easy.
âAfter all, what gets measured gets done. Instead of relying on guesswork, now weâll be able to make decisions based on actual results.â