Complying with the EU’s Corporate Sustainability Reporting Directive (CSRD)
The CSRD mandates that companies capture extensive data related to their products, encompassing their impact at various stages, including the company’s site (Scopes 1 and 2), upstream from suppliers, and downstream during the use phase (Scope 3). The initial step involves identifying the necessary data, often scattered across different organizational databases. Knightec acknowledges the need for establishing effective communication channels with suppliers to gather relevant data, despite the existing low incentives. Knightec proposes a user-centric approach that considers the users’ experiences and needs while designing the system’s front end to tackle this challenge. Doing so makes the process more rewarding and encourages suppliers to contribute.
Preparing for the Circular Economy
Transitioning to the circular economy presents equally complex challenges. Many products must be optimized to be offered as services, necessitating the creation of new service offerings or establishing closer relationships with external service providers. Knightec again underscores the importance of adopting a user-centric approach while designing products and the accompanying services. Companies can lay the foundation for successful implementation by starting with user needs. Leveraging its deep product development knowledge, Knightec ensures a balanced approach that prioritizes long-term performance and cost efficiency, aligning sustainability goals with business objectives.
Collaborative Approach and Team Delivery
Knightec understands the intricate nature of sustainability challenges and assembles a team of experts covering various sustainability dimensions. This team may consist of compliance specialists, project managers, system architects, and service and user experience designers who collaborate from the project’s outset. While the workload distribution among the disciplines may evolve throughout the project, this comprehensive approach allows Knightec to address the full complexity from the start, avoiding patchwork solutions later on. Knightec guarantees the best possible effort across all project phases by emphasizing team delivery, irrespective of their unique characteristics.
Achieving sustainability requires a collaborative effort that encompasses multiple dimensions. Knightec offers tailored solutions to help companies navigate the complexities of sustainability challenges. By adopting a user-centric approach and assembling a team of experts, Knightec ensures that sustainability initiatives are compelling, rewarding, and aligned with long-term business goals. If you’re ready to start your sustainability journey, you can contact Knightec to discuss your needs and explore how to move forward. Together, we can build a sustainable business for the future.
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Let us help you on your sustainability journey.
Knightec specializes in overall strategic sustainability work, sustainable products and services, and other attributes necessary to sustain a complete solution. These attributes include circular design, digital enablers, and other components. In that way, Knightec covers the entire sustainability spectrum. Our experts specialize in helping companies navigate the complex landscape of laws, regulations, and standards on both organizational and product levels. We map out your sustainability challenges and strategically, tactically, and operationally support you. Contact our Sustainability and Circular Design advisors, Madelene Wiil and Teo Enlund, or head to our Sustainability page.