Helping Omniva comply with corporate sustainability reporting directive
Client
OmnivaThe background:
Omniva is a global logistics and postal company originating from Estonia that offers post office and parcel delivery services. They were mandated by the Estonian government to operate in a sustainable manner. However, as they lacked the necessary expertise to handle this task internally, they approached us for assistance in achieving readiness for complying with the corporate sustainability reporting directive (CSRD) and identifying ways to link sustainability with business opportunities.
Aim of the project:
We began our collaboration with Omniva in early 2023 by conducting a rapid organisational carbon footprint assessment. After examining two years of the company’s activity, we provided recommendations on potential CO2 emission reductions. This year, we updated our analyses and further expanded on our initial structure.
Omniva initially developed its sustainability strategy in-house and sought our expertise to review and enhance it. After our thorough review, we not only provided feedback but also created a detailed implementation plan. This plan, which became an integral part of Omniva’s sustainability strategy, led to significant changes in their operations.
Our next task was to support the development of a Code of Conduct document for Omniva and their suppliers, outlining the principles they follow on ESG topics.
We also conducted a double-materiality assessment with stakeholder engagement. We reviewed all potential environmental, social, and governance impact areas to determine which ones have a material impact on Omniva’s business and its stakeholders. Followed by workshops with the organisation’s management, we concluded on the material impact areas Omniva needs to consider for it’s CSRD reporting.
After the double-materiality assessment, we mapped all the information points they needed to disclose. We helped them prepare the structure so that they could collect the data and report on their own in the future. To make it easier for them, we developed online questionnaires to distribute among their stakeholders to collect data. This way, they could carry out and replicate this engagement with stakeholders on their own in the future.
Our current assignment is the EU Taxonomy assessment. We’re building this analysis as a toolkit for them to replicate this process themselves in the coming years without consultants’ involvement.
Services provided so far:
- Organisational carbon footprint assessment.
- ESG strategy consulting.
- Double-materiality assessment with stakeholder engagement.
- Supporting the development of a Code of Conduct.
- EU Taxonomy assessment.
Project results:
The project is ongoing, but the client has already seen positive results. We have significantly improved the company’s governance and continue to support them in integrating sustainability into their daily operations and business strategy. Thanks to our efforts, Omniva is achieving readiness to fulfil its disclosure obligations for CSRD.
