Latest news with #CSRD
Malaysian Reserve
4 days ago
- Business
- Malaysian Reserve
Gravity Expands Presence and Team in Europe
Geographical expansion driven by European companies' demand for solutions that move beyond sustainability disclosure and drive business value SAN FRANCISCO, June 25, 2025 /PRNewswire/ — Gravity, the leading enterprise carbon accounting and energy management platform, today announced that it has expanded its presence and team in Europe. This strategic expansion builds on the company's early traction in the region, where Gravity serves customers operating in 19 countries, and significant growth in North America, where over 60% of its customers have switched from other providers. 'In working with European customers, we've heard familiar pains: automation is falling short, causing organizations to spend far too much time on measurement; regulatory changes are difficult to track and prepare for; and the work increasingly needs to align with business priorities to justify investment,' said Saleh ElHattab, Co-Founder and CEO of Gravity. 'Gravity has been laser-focused on these pain points since day one, and we've already saved our European partners time and money. We're thrilled to be expanding our support on the continent.' Gravity's customers in Europe span a wide variety of sectors and sizes and include Adyen, a global financial technology platform headquartered in Amsterdam; Permasteelisa Group, a leading global contractor in architectural envelopes based in Italy; and SHV Energy, a leading global distributor of off-grid energy headquartered in the Netherlands, among others. The company has already supported its customers to prepare for disclosure to the EU's Corporate Sustainability Reporting Directive (CSRD) and for third-party audits, which its customers have passed with no qualifications. 'Across our operations in Europe and globally, Gravity has been instrumental in empowering Permasteelisa to better understand our Scope 1, 2, and 3 emissions — leveraging technology to simplify processes and scale the impact of our work,' commented Anna Foden, Head of Sustainability at Permasteelisa. 'We look forward to deepening our work together as Gravity expands in our home base of Italy and across the region.' To lead the company's growth in Europe, Gravity has increased the size of its existing team of climate and product experts in the region. The expanded team is led by Giulia Borsa, a senior sustainability expert and sales leader based in Barcelona, and Miles Cox, a seasoned private equity professional based in London. Gravity intends to continue growing its European team over the coming year, with a focus on scaling its Sales and Marketing functions and expanding its presence in Germany, France, Italy, the Netherlands, Spain, and the United Kingdom. In addition to global emissions reporting frameworks, Gravity's Europe team has deep expertise in advising customers on how to navigate and report for a wide range of Europe-specific regulations, including the EU's CSRD, taxonomy for sustainable activities, and Carbon Border Adjustment Mechanism (CBAM), as well as the UK's Streamlined Energy and Carbon Reporting (SECR) and Spain's Ley 7/2021 de Cambio Climático y Transición Energética, among others. About GravityGravity is an end-to-end carbon accounting and energy management solution that aligns sustainability and business impact. Built for energy-intense operations and companies with complex supply chains, Gravity empowers the world's makers and leading institutions to easily comply with emissions reporting requirements, win over customers, and reduce costs by optimizing energy use. With industry-leading technology, Gravity ensures customers can navigate the changing regulatory environment with confidence and execute projects that drive meaningful energy reductions, while protecting – and enhancing – their bottom line. Learn more and arrange a demo at
Business Upturn
5 days ago
- Business
- Business Upturn
PQE Group Announces Release of 2024 Sustainability Report
Florence, Italy: PQE Group is pleased to announce it has completed and released its 2024 Sustainability Report, which represents a significant milestone for the company as it marks its second report and the first to cover its full global operations. Unlike the previous 2023 edition, which focused solely on its Italian branch, this report provides a comprehensive view of the company's sustainability strategy and impact across all 23 countries where it operates. Its publication was driven by the European Union's Corporate Sustainability Reporting Directive (CSRD), a regulation that requires large companies to disclose detailed information on environmental, social, and governance (ESG) issues in a standardized, transparent, and comparable format. This press release features multimedia. View the full release here: 2024 Pharma Quality Europe Sustainability Report This obligation reflects the EU's broader commitment to aligning economic activity with climate and social goals, and is enforced via national legislation based on directives approved by the European Commission, Parliament, and Council. The technical standards behind the reporting, known as the European Sustainability Reporting Standards (ESRS), were developed by the European Financial Reporting Advisory Group (EFRAG) and are designed to help companies assess and communicate both their impacts on the world and the risks sustainability challenges pose to their business. PQE's report opens with a materiality assessment conducted under the ESRS and Global Reporting Initiative (GRI) frameworks. This process involved stakeholder engagement and identified the most important ESG topics for the company. In environmental matters, PQE Group transparently disclosed comprehensive greenhouse gas (GHG) emissions aligned with ISO 14064-1:2019 standard, detailing Scope 1, direct emissions; Scope 2 indirect emissions from electricity; and Scope 3 indirect emissions, predominantly from business travel. These detailed emissions disclosures demonstrate PQE Group's clear pathway toward a lower carbon footprint. From a social perspective, the company delivered widespread training on inclusive language, DE&I topics, and professional development, while also ensuring safe working environments and fair opportunities for career advancement. Performance evaluations and employee feedback processes were systematized and expanded, and over 2200 internal interviews were performed in 2024. On the governance side, PQE Group strengthened its commitment to ethical business practices through training, due diligence on partners, and the launch of new initiatives such as the Legality Rating application. Regulation has become a critical pillar of stakeholder trust. By reporting in full alignment with the CSRD and ESRS, PQE Group reaffirms its dedication to doing business in a way that is not only legal, but deeply principled and transparent. 'While the European Union has issued the requirement to publish documentation showing compliance with EU Legislation and guidelines provided by EFRAG beginning with 2025, I am pleased that PQE Group voluntarily began to develop this Sustainability Report early, launching its 2023 report reflecting its accomplishments pertaining to sustainability in Italy and now, for 2024, its global Sustainability Report,' said Gilda D'Incerti, CEO & Founder of PQE Group. 'It's a large undertaking, identifying a significant amount of information about our company, it's people, certifications, governance, sustainability initiatives, and more; the results presented in this comprehensive document demonstrate the very important work that PQE has done, and continues to develop, on behalf of maintaining an ongoing focus on sustainability, strong ethics, and company-wide equity based on merit, for Europe and beyond.' About PQE Group PQE Group is a woman-owned leading Life Science consulting firm, providing high-quality solutions in GCP, GLP, GMP, and GDP areas to both industry giants and SMEs worldwide. With a focus on innovation, efficiency, and sustainability and with a global presence through its 23 subsidiaries and 40+ offices located around the world, PQE Group continues to set industry benchmarks and drive positive change in the Life Science sector. The Group's CEO & Founder, Gilda D'Incerti, has recently launched ReSQ-UP, a groundbreaking initiative in the Clinical Research Organizations field, focusing on supporting emerging startups in women's health (FemTech), medical devices, and innovations in the medical cannabis sector. Visit us at PQE Group: Home – PQE Group , and follow PQE Group on LinkedIn , Instagram and Facebook . The full 2024 Sustainability Report is available for download: View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Business Wire
5 days ago
- Business
- Business Wire
PQE Group Announces Release of 2024 Sustainability Report
FLORENCE, Italy--(BUSINESS WIRE)--PQE Group is pleased to announce it has completed and released its 2024 Sustainability Report, which represents a significant milestone for the company as it marks its second report and the first to cover its full global operations. Unlike the previous 2023 edition, which focused solely on its Italian branch, this report provides a comprehensive view of the company's sustainability strategy and impact across all 23 countries where it operates. Its publication was driven by the European Union's Corporate Sustainability Reporting Directive (CSRD), a regulation that requires large companies to disclose detailed information on environmental, social, and governance (ESG) issues in a standardized, transparent, and comparable format. This obligation reflects the EU's broader commitment to aligning economic activity with climate and social goals, and is enforced via national legislation based on directives approved by the European Commission, Parliament, and Council. The technical standards behind the reporting, known as the European Sustainability Reporting Standards (ESRS), were developed by the European Financial Reporting Advisory Group (EFRAG) and are designed to help companies assess and communicate both their impacts on the world and the risks sustainability challenges pose to their business. PQE's report opens with a materiality assessment conducted under the ESRS and Global Reporting Initiative (GRI) frameworks. This process involved stakeholder engagement and identified the most important ESG topics for the company. In environmental matters, PQE Group transparently disclosed comprehensive greenhouse gas (GHG) emissions aligned with ISO 14064-1:2019 standard, detailing Scope 1, direct emissions; Scope 2 indirect emissions from electricity; and Scope 3 indirect emissions, predominantly from business travel. These detailed emissions disclosures demonstrate PQE Group's clear pathway toward a lower carbon footprint. From a social perspective, the company delivered widespread training on inclusive language, DE&I topics, and professional development, while also ensuring safe working environments and fair opportunities for career advancement. Performance evaluations and employee feedback processes were systematized and expanded, and over 2200 internal interviews were performed in 2024. On the governance side, PQE Group strengthened its commitment to ethical business practices through training, due diligence on partners, and the launch of new initiatives such as the Legality Rating application. Regulation has become a critical pillar of stakeholder trust. By reporting in full alignment with the CSRD and ESRS, PQE Group reaffirms its dedication to doing business in a way that is not only legal, but deeply principled and transparent. ' While the European Union has issued the requirement to publish documentation showing compliance with EU Legislation and guidelines provided by EFR A G beginning with 2025, I am pleased that PQE Group voluntarily began to develop this Sustainability Report early, launching its 2023 report reflecting its accomplishments pertaining to sustainability in Italy and now, for 2024, its global Sustainability Report,' said Gilda D'Incerti, CEO & Founder of PQE Group. ' It's a large undertaking, identifying a significant amount of information about our company, it's people, certifications, governance, sustainability initiatives, and more; the results presented in this comprehensive document demonstrate the very important work that PQE has done, and continues to develop, on behalf of maintaining an ongoing focus on sustainability, strong ethics, and company-wide equity based on merit, for Europe and beyond.' About PQE Group PQE Group is a woman-owned leading Life Science consulting firm, providing high-quality solutions in GCP, GLP, GMP, and GDP areas to both industry giants and SMEs worldwide. With a focus on innovation, efficiency, and sustainability and with a global presence through its 23 subsidiaries and 40+ offices located around the world, PQE Group continues to set industry benchmarks and drive positive change in the Life Science sector. The Group's CEO & Founder, Gilda D'Incerti, has recently launched ReSQ-UP, a groundbreaking initiative in the Clinical Research Organizations field, focusing on supporting emerging startups in women's health (FemTech), medical devices, and innovations in the medical cannabis sector.
Miami Herald
6 days ago
- Business
- Miami Herald
EU endorses proposal for environmental deregulation
June 24 (UPI) -- The European Union is set to amend its current ethical supply chain rules after its ambassadors endorsed a simplification bill from the Council of the EU. "Today we delivered on our promise to simplify EU laws," said EU Minister of Poland Adam Szlapka in a press release Monday. "We are taking a decisive step towards our common goal to create a more favorable business environment to help our companies grow, innovate, and create quality jobs." The bill would impact current environmental laws with the intention of shrinking the regulatory pressures on businesses in order to juice up the EU's economy. Two such green rules are the EU's Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive. These currently insist that all the companies that do business in the EU and have at least 1,000 employees report their environmental effects. The bill would increase the employee threshold that forces a company to comply up to 5,000 employees. Currently, the CSRD and CSDDD also require companies that make at least approximately $522 million in net turnover to monitor their supply chains for environmental and human rights violations. The bill would raise that starting bar to about $1.7 billion. The release said the regulations were being loosened based on the concept that larger companies "are best equipped to absorb the costs and burdens of due diligence processes." The bill would also limit the obligation required for companies to adopt a transition plan to deal with climate change. It would give the EU Council authority to advise companies on how to create and execute such plans. The Council could then give companies up to two years to implement those plans in order to "further reduce burdens and provide companies with sufficient time for adequate preparations." If adopted, less than 1,000 companies would be affected by the CSRD, down from the nearly 50,000 companies that currently must comply. However, should Omnibus pass, there could be legal challenges. The nonprofit ClientEarth Europe environmental organization posted to X Tuesday that "The Omnibus is fueling legal uncertainty and might breach the law too." "A new legal analysis warns of the risk of future legal challenges if the Omnibus is passed into law," the post continued. "The agreement reached by the EU Council last night heightens these risks by further undermining the [CSDDD]. Copyright 2025 UPI News Corporation. All Rights Reserved.
UPI
6 days ago
- Business
- UPI
EU endorses proposal for environmental deregulation
The European Union endorsed plans to scale back its current ethical supply chain rules. File Photo by Patrick Seeger/EPA-EFE June 24 (UPI) -- The European Union is set to amend its current ethical supply chain rules after its ambassadors endorsed a simplification bill from the Council of the EU. "Today we delivered on our promise to simplify EU laws," said EU Minister of Poland Adam Szlapka in a press release Monday. "We are taking a decisive step towards our common goal to create a more favorable business environment to help our companies grow, innovate, and create quality jobs." The bill would impact current environmental laws with the intention of shrinking the regulatory pressures on businesses in order to juice up the EU's economy. Two such green rules are the EU's Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive. These currently insist that all the companies that do business in the EU and have at least 1,000 employees report their environmental effects. The bill would increase the employee threshold that forces a company to comply up to 5,000 employees. Currently, the CSRD and CSDDD also require companies that make at least approximately $522 million in net turnover to monitor their supply chains for environmental and human rights violations. The bill would raise that starting bar to about $1.7 billion. The release said the regulations were being loosened based on the concept that larger companies "are best equipped to absorb the costs and burdens of due diligence processes." The bill would also limit the obligation required for companies to adopt a transition plan to deal with climate change. It would give the EU Council authority to advise companies on how to create and execute such plans. The Council could then give companies up to two years to implement those plans in order to "further reduce burdens and provide companies with sufficient time for adequate preparations." If adopted, less than 1,000 companies would be affected by the CSRD, down from the nearly 50,000 companies that currently must comply. However, should Omnibus pass, there could be legal challenges. The nonprofit ClientEarth Europe environmental organization posted to X Tuesday that "The Omnibus is fueling legal uncertainty and might breach the law too." "A new legal analysis warns of the risk of future legal challenges if the Omnibus is passed into law," the post continued. "The agreement reached by the EU Council last night heightens these risks by further undermining the [CSDDD].
