Under their own brands, each of Fasadgruppen's companies offers specific building envelope services. "We've created a common sustainability framework that works for everyone but can also be adapted for their own operations," Westman said, elaborating on the three main objectives of the industry: being the most stable partner, offering the best workplace, and having the most ambitious climate action. It has been crucial to make sure that all subsidiaries are aware of the ESG performance targets and that progress is tracked; here is where Position Green has shown to be really helpful.

Fasadgruppen carried out a twofold materiality assessment in advance of CSRD and ESRS in order to find gaps and ascertain what has to be done to comply. A thorough gap analysis that was guided by this evaluation made clear how important it is to have a single system for managing and reporting data in compliance with disclosure regulations.

Westman emphasized the difficulties in complying with CSRD and ESRS, especially with relation to data quality and knowledge. "It is crucial to keep in mind that, although regulatory requirements are essentially the same for all businesses, resources within different sized companies vary greatly," he stated. In order to accomplish compliance, smaller companies like Fasadgruppen must strategically mix internal resources, consultants, and tools while making sure their efforts provide commercial value.

Notwithstanding the challenges, Westman sees required reporting as a driving force for improvement. According to him, indirect emissions from Fasadgruppen's value chain account for the majority of the company's emissions (Scope 3). Customers will be able to make better decisions with the support of CSRD regulations, which will enhance data gathering and supplier and subcontractor due diligence. Enhancements are prompted and performance monitoring is made easier by the shared framework.

Because it offers a unified reporting system for ESG subjects that is appropriate for their decentralized organization, Position Green has been instrumental in assisting Fasadgruppen in meeting CSRD compliance. "The program offers a common understanding of sustainability activities, whether you're a financial manager or subsidiary employee," Westman said. "It's not simply easy to use. The insights enable us to focus on ESG enhancements and create enduring effects, both inside our company and throughout the sector.