ESG indexes and corporate strategies: how Regusto helps companies achieve sustainability goals
Sustainability is no longer just an option for companies, but a necessity to ensure long-term competitiveness and social responsibility. In recent years, the importance of ESG (Environmental, Social, Governance) indices for companies has grown exponentially, and having a corporate strategy that integrates ESG objectives is no longer just a matter of reputation, but a real requirement to gain trust from investors, customers, and stakeholders. Regusto, the first blockchain-based ESG platform for waste-risk management, has developed a digital ecosystem that helps companies improve transparency and measure their environmental, social, and economic impact, aligning with international ESG standards.
The importance of ESG indices in business strategies
ESG indices represent a combination of environmental, social, and governance metrics that companies must monitor to assess their sustainable performance. In recent years, ESG practices have become critical not only to comply with regulations, but also to attract investment and maintain the trust of their customers and stakeholders. According to a report by ESG News, more and more investors are focusing on companies’ ESG performance as a key evaluation parameter. In addition, a recent study showed that companies that integrate ESG indexes into their business strategies have superior economic performance compared to those that do not, with increased profitability also linked to cost optimization and reduced financial risks (Sustainable Development Report 2023).
ESG(Environmental, Social, and Governance) indices are based on a set of parameters or KPIs that allow for the assessment of different dimensions of a company’s impact. These parameters include environmental aspects such as CO₂ emissions, energy consumption, and waste management; social elements such as respect for human rights, working conditions, and supply chain management; and governance aspects such as diversity on boards of directors, equity in compensation, and transparency in corporate management. Each specific index may differ in its calculation, but in general the data collected are weighted to provide an overall score that measures a company’s level of sustainability and accountability.
Transparency of data and statistics is crucial for proper corporate evaluation in ESG indices. In order to ensure reliability and credibility, companies need to provide accurate and verifiable data, as these form the basis on which ESG analyses are based. However, one of the main problems in the industry is theabsence of uniform guidelines and the variability in the quality of data, which are often non-transparent or of dubious origin. This makes it difficult to compare ratings provided by different ESG rating agencies, causing inhomogeneity and poor correlation between the scores assigned. With the implementation of increasingly stringent regulations, which impose stricter reporting requirements, there is a need for improvement in data quality and transparency, enabling a more accurate and reliable assessment of corporate performance from an ESG perspective.
For these reasons, adopting a transparent business strategy that takes ESG goals into account not only improves a company’s overall impact on society and the environment, but also increases profitability and competitiveness by ensuring an organized business vision that is in line with global market demands, decreasing the likelihood of default.
Regusto: the largest digital ecosystem dedicated to the circular economy
Since 2016, Regusto has developed the largest digital ecosystem dedicated to the circular economy. The platform, through the use of blockchain, offers transparency and traceability in every donation or sale transaction of wasteful products, food or non-food.
Regusto enables companies to:
- Donate or sell stock products at capped prices;
- Calculate impact with ESG indices certified and validated by RINA;
- Zeroing out inventory disposal costs;
- Tracking and certifying donations to obtain tax benefits in line with Law 166/2016 (Gadda Law);
- Reporting on donation activities through environmental, social and economic impact indices that can be integrated into corporate sustainability reports.
This approach makes it possible to develop a sustainable model, reduce waste, and contribute to the circular economy by ensuring that every transaction is secure and certified via blockchain. The ability to track and document every activity is what makes Regusto a key tool for companies that want to demonstrate their ESG commitment.
ESG indices generated by Regusto
One of Regusto’s distinctive features is its ability to generate ESG indices that comply with international standards and European regulations. These indices can be integrated directly into corporate sustainability reports, providing transparent and reliable reporting.
Social Indices
Regusto’s social indices focus on two main metrics:
- Equivalent meals distributed: measures the number of meals distributed through food donation, converting donated kilograms into concrete social benefits for the most vulnerable.
- Kg of donated products: the volume of food distributed to nonprofits, which in turn provide it to people in need.
These indexes align with ESG Goal 1 (defeating poverty), ESG Goal 2 (defeating hunger), ESG Goal 10 (reducing inequality), and ESG Goal 11 (sustainable cities and communities), demonstrating how companies can have a direct impact in the fight against inequality and poverty.
Environmental Indices
Regusto also measures a number of ESG-compliant environmental indicators, including metrics such as:
- CO₂ avoided: the positive environmental impact of reducing greenhouse gas emissions by not disposing of wasteful products.
- Water and soil saved: natural resources saved by reclaiming wasteful products and not consuming new resources to produce substitute goods.
These indexes comply with ESG 13 (combating climate change), ESG 14 (life under water), and ESG 15 (life on earth), promoting a business model that minimizes negative impact on the environment.
Economic Indices
On the economic front, Regusto helps companies optimize resources by generating indexes such as:
- Saved costs (inventory disposal): reduced expenses related to disposal of excess products.
- Tax benefits-Act 166: savings achieved through tax relief for donations.
- Value of donated products: the economic value of donations made, calculated based on the products redistributed.
These indexes are aligned with ESG 17 (partnership for goals), ESG 12 (responsible consumption and production), and ESG 9 (business, innovation, and infrastructure), demonstrating how the adoption of sustainable practices can translate into tangible economic benefits for companies.
Regusto and the 2030 Agenda
Regusto is aligned with the goals of the United Nations2030 Agenda. Through our platform, companies can monitor and demonstrate their contribution to the Sustainable Development Goals (SDGs). This tool provides a clear view of the positive impact of business operations, from social to environmental, so that companies can measure and continuously improve their performance.
European companies show significant awareness of the Sustainable Development Goals (SDGs), with 69 percent saying they have in-depth knowledge of the SDGs and 59 percent saying they integrate them into their sustainable development strategies.
Companies’ commitment to the SDGs is mainly motivated by strengthening their sustainability strategies, as stated by 44 percent of the companies surveyed. In addition, 32 percent emphasize that the SDGs help to better address European regulations, especially with the implementation of the Corporate Sustainability Reporting Directive (CSRD). Among companies subject to this directive, 87 percent say they will specifically refer to the SDGs in their sustainability reports.
Eighty-eight percent of Italian companies surveyed say they have a thorough understanding of the Sustainable Development Goals (SDGs). Among those that have developed a sustainability strategy, 72 percent have directly integrated the SDGs, while only 10 percent say they have not included them in their strategies.
The future of ESG strategies
Therefore, the adoption of ESG strategies becomes crucial to ensure the long-term competitiveness of companies. Regusto, with the largest technology ecosystem dedicated to the circular economy as well as the first blockchain-based ESG platform, offers advanced tools to monitor and improve ESG performance in a transparent and traceable way. Companies that choose Regusto can not only reduce their environmental impact, but also contribute significantly to society and gain tangible economic benefits.
The future of business strategies is geared toward sustainability, and Regusto is the ideal partner to help companies achieve these goals with innovative and tailored solutions.
Want to find out how Regusto can help your company achieve ESG goals effectively and transparently? Book an appointment with our team now to find out how we can help you improve your sustainability strategy.
