Data, Automation & AI
Data and Sustainability
A credible and proactive focus on sustainability is no longer optional. It has become a fundamental prerequisite for businesses to maintain their license to operate.
Collecting, structuring and controlling data are the biggest hurdles to successfully supporting sustainability in the supply chain.
You need to work strategically with sustainability. A study from 2022 shows that almost half of organizations struggle with integrating ESG data into their systems and processes, hindering the ability to make informed decisions and meet reporting requirements. But also, to utilize insights for business development and actually spending the time where it matters, creating sustainable services, products, and business models.
What are the top five challenges preventing your organization from meeting its ESG goals?
Base: 268 ESG performance decision-makers in compliance, sustainability, procurement, finance, and risk roles at global enterprises in the US, Canada, and the UK.
Source: Prioritizing ESG isn’t optional anymore, Dun & Bradstreet, March 2022
Our data and sustainability advisory services
Four examples of how VENZO can help your business with data and sustainability
Our clients face increasing demands from their customers to provide detailed ESG data, even if they themselves are not directly subject to regulations like CSRD (EU’s Corporate Social Responsibility Directive).
VENZO can help them efficiently gather and report this data, ensuring they remain compliant and competitive in their industry.
The ESG data landscape is often fragmented and underdeveloped, leaving many businesses unsure of where to begin. We guide our clients through this complexity, helping them establish a clear starting point and strategy for their ESG initiatives.
Many companies struggle with a lack of insight into how ESG considerations impact overall business development. We provide the expertise and strategic advice needed to align ESG goals with broader business objectives, allowing clients to make meaningful and sustainable changes.
ESG reporting can be a manual and time-consuming task, but its importance cannot be understated. We assist our clients in automating these processes, freeing up valuable time and resources that can be redirected towards driving real, impactful change within their operations and supply chains.
VENZO can help you identify, structure and present your sustainability data in preparation for existing or upcoming ESG reporting requirements.
Data forms an essential part of your sustainability agenda.
The gap, in many companies, between the willingness to prioritize ESG goals and the ability to deliver the required data highlights the need for reliable, integrated sustainability data practices. To unlock business benefits and demonstrate commitment to sustainability goals.
This requires attention to several aspects of retrieving, processing and using data.
Sustainability data cases come in various forms and sizes, and is typically categorized into either Environmental impact, Social impact, and Governance:
Environmental
Environmental data in ESG reporting highlights a company’s commitment to natural resources and our climate. Relevant data can relate to:
- Climate change (CO2)
- Resource use and circularity
- Biodiversity and ecosystems
Social
Social data in ESG reporting showcases a company’s impact on society through promoting diversity and inclusion, ensuring labor rights and fair working conditions, and fostering community engagement and development. Relevant data can relate to:
- Affected communities
- Your own workforce
- Workers in the value chain
Governance
Governance data in ESG reporting emphasizes a company’s commitment to ethical practices by ensuring transparency and accountability, implementing robust risk management, and fostering ethical leadership and decision-making. Relevant data can relate to:
- Policies and processes
- Ethical business operations
- Code of Conduct
What should you aim to achieve?
There are various data products available to manage the analytics outcome, including:
- Providing data for your Sustainability reporting (e.g. CSRD)
- Monitoring your sustainability goals from data insights
- Giving insights for business model optimization within sustainability
Consistent accessibility to sustainability data across the company is essential. We aim to create a data ecosystem that:
- Aligns to the overall strategies (business, data, etc.), forming a robust ESG data strategy and framework to position your organization to advance sustainable projects and innovations effectively.
- Integrates data seamlessly to utilize across the organization – ideally broader than a sustainability context
VENZO's approach in a nutshell.
Our approach to data and sustainability is based on a scalable approach and four phases:
Discover
Define and identify the data you want to be able to deliver or use actively, and then prioritize use cases, expected insights, and KPI's.
Design
Design the sustainability data foundation, governance, and UI/UX to support the selected use cases.
Develop
Build and iterate use case with stakeholders to meet business and technology requirements.
Deliver
Scale and ensure user adoption to maximize value of the sustainability use case. Also consider related deliverables such as the data platform, governance and operations to ensure continuous and long-term success.
VENZO partners with Aeon Group to provide a cutting edge data platform solution based on Microsoft Fabric.
Microsoft Fabric
We are building on VENZO’s strong partnership with Microsoft, utilizing their cutting-edge data solutions for uniformed data experiences. Microsoft Fabric will help you streamline your data analytics within a single platform by for example:
- Simplifying, visualizing and analyzing data to support informed decisions
- Managing ESG data, but other data domains. In other words, your will not need to invest in several platforms for ESG purposes only
- Offering environmental analytics and social governance reporting
- Integrating with Azure and Power BI for advanced metrics and custom reporting
By collecting data effectively, time can be freed up to make actual changes on the important sustainability agenda.
Aeon Group
VENZO has established a strategic partnership with Aeon Group, enhancing VENZO’s data capabilities with a sustainability perspective. Aeon Group specializes in connecting supply and demand in nature and climate investments.
Investing with Aeon aligns with the UN Sustainable Development Goals and adheres to the EU Green Deal. Aeon streamlines processes through data automation, enabling digital investments in land assets. Their data-driven approach simplifies impact reporting and strategy development in line with EU standards and ESG criteria.
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Aeon Group, beyond our role as sustainability advisors, specializes in connecting supply and demand in nature and climate investments. Our partnership with VENZO ensures high-quality project execution through expert collaboration and rigorous documentation, crucial for compliance with sustainability regulations.
Bolette Brix, Aeon Group
Does your data support your company's sustainability expectations and requirements?
Success requires a truly human and holistic approach to digital transformation.
VENZO offers deep technical knowledge and experience. Combined with our approach to digital strategy, change management, and project excellence, we help our customers achieve rapid results and more value for their money.
We call this approach "Tech. Change. Today."
What we do
Are your business operations fully automated, data-driven, and leveraging AI?
Take full advantage of the breakthroughs in AI and gain insights that yield better and faster decisions with the latest data, analytics and automation technologies.
Every organization has digital or physical business processes that could be automated and improved. VENZO helps our clients transform through automation and better processes, actionable analytics & predictive algorithms, and the latest data hub and fabric technologies.
Reap the benefits of a fully automated and data-driven business excellence model for your organization with a little help from VENZO.
Is your organisation’s IT security strategy and setup compliant, cost-efficient, automated and designed to prevent human error?
We combine the latest security technologies from Microsoft with a pragmatic approach that doesn’t stand in the way of daily tasks.
Improve governance, risk & compliance levels, take advantage of our Managed Extended Detection & Response services, and take advantage of technology for foolproof Identity & Access Management (IAM), Data Loss Protection and Preventions (DLP), Data Governance, Information Protection, Cloud Security and Modern Endpoint Management.
Together, we can reduce risk and make security tech work for you.
Does your digital foundation support your business strategy and the optimal user experiences?
Enable your employees with productivity anywhere and deliver seamlessly connected, scalable and secure applications.
We are experts in Microsoft 365 and Azure, and help clients with successfully implementing and taking advantage of Modern Work, innovative enterprise applications, data and application platforms, as well as hybrid architecture and IoT.
We are also a HiBob partner for implementation of the latest and best in people tech and HR tools, advising on employee experience and growth with Microsoft VIVA and Workplace Analytics.
Is your organization ready for change so you can realize all the potential benefits of your digital transformation?
IT today is part of much larger digital transformations. Changes that require a deep of understanding of both current and emerging technologies, as well as strategic business priorities.
Knowing how to make the right changes happen and how to realize the potential value is key to the success of your digital transformation projects.
VENZO helps our clients succeed with digital change through strategy & design, change & execution, training & adoption, and decision intelligence.
