Sustainability Management - vdma.org
Sustainability Management
The strategic implementation of environmentally and socially relevant aspects in the business organisation
Whether climate protection targets, suitability for grandchildren or human rights due diligence obligations - sustainability is on everyone's lips and the expectations on companies to act responsibly are constantly increasing.
With the 17 sustainable development goals of the United Nations Agenda 2030, the Paris Climate Agreement or the UN Guiding Principles on Business and Human Rights, cornerstones have been set at the global level to ensure a decent life for future generations.
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With the ‘Sustainability Talks’, the VDMA is organising a web series on current and relevant sustainability topics for the mechanical and plant engineering industry. You can find an overview of the topics and dates here.
In future, the Environment and Sustainability department will provide ten topic-specific newsletters for targeted information on environmental and sustainability topics.
The CO2 border adjustment mechanism CBAM is being simplified and many small companies will be exempt. An important step - but only a temporary solution.
The VDMA regulatory cockpit provides you with a central, practical overview of current and upcoming regulations. It helps you identify relevant information at an early stage, evaluate it strategically, and derive concrete measures.
Have you already calculated your company's climate footprint and defined ambitious climate targets? But what specific measures can a company take to achieve these goals?
We have sat down and compiled an overview for you of the prizes and awards available, the structures and cost models behind them and how they are perceived and received by the public.
With the Omnibus Regulation, Commission President von der Leyen wants to consolidate, reduce and simplify various ESG reporting obligations. The VDMA welcomes the initiative and is submitting specific proposals for improvement.
The German government now also wants to relieve companies of CSRD reporting obligations. It would be an urgently needed step. Politicians must now do everything they can to convince the EU of this measure.
ESG-Reporting
Many mechanical engineering companies supply the technologies needed for a circular economy. This makes it all the more important that the EU and the future German government seriously pursue a circular economy policy.
By developing specific Product Category Rules (PCR), the trade association aims to create a standardized basis for calculating the Product Carbon Footprint (PCF). This will ensure greater transparency and comparability of environmental impact.
Mechanical engineering is indispensable for a European circular economy. The Circular Economy Act is an important building block, but it must not end in the minutiae of regulation.
In the ESRS project group, members exchange views on questions relating to the reporting requirements under CSRD. The VDMA provides its members with the interim status of the discussion as a Q&A.
The VDMA publishes the first benchmark for industry-wide materiality in accordance with the European Sustainable Reporting Standard (ESRS) of the Corporate Sustainability Reporting Directive (CSRD).
Together with member companies, the VDMA has developed training documents from October 2023 to spring 2024 that can be used to raise awareness of human rights risks in your own company and supply chain.
The ninth future study examines the role of carbon management as the key to achieving climate targets. It outlines opportunities and hurdles for industry and society and presents four future scenarios for 2035 and beyond.
The European Sustainable Finance Taxonomy Regulation aims to define what environmentally sustainable economic activities are and thus create a standardized classification system within the EU.
The VDMA has published a questionnaire on the LkSG, which can be used to further specify potential risks in your own business area and in the supply chain.
This survey provides an overview of the status of the implementation of ESG issues in the machinery and plant engineering industry and what role they play in business relationships and what trends and further impacts are expected.
Sustainability reports are also gaining central importance for mechanical and plant engineering. Many companies are not yet sufficiently prepared for the new requirements.
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Here you will find supporting documents to assist you in implementing the contents described in the ZVEI-VDMA Code of Conduct (compliance and sustainability topics) in your company.
The top management of the European large industrial plant manufacturing sector met again in person at the 8th Engineering Summit in Darmstadt on 20 and 21 July 2022.
Trade fairs and events
The VSME (Voluntary Sustainability Reporting Standard for non-listed SMEs) is a voluntary reporting standard aimed in particular at small and medium-sized enterprises (SMEs) that are not directly subject to the CSRD reporting obligation.
The VSME (Voluntary Sustainability Reporting Standard for non-listed SMEs) is a voluntary reporting standard aimed in particular at small and medium-sized enterprises (SMEs) that are not directly subject to the CSRD reporting obligation.
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