having every report ready but not the right results to show .”
Into a sustainable future This next comment may ruffle feathers in the offices of senior sustainability executives , but it is a theme that is picking up traction at events .
“ I believe that in a perfect world , we won ’ t need sustainability officers because the businesses should be sustainable ,” says Michael .
“ We need CEOs and other senior leaders to see the world of sustainability as integrated . The new reporting directives , including the CSRD , will be all about managing non-financial with financial in one shot . The world and the regulatory environment and reporting is heading in this direction .”
While he is pleased that we have moved past the question of why we need sustainability , he wants to see a far more pragmatic approach to the cat ’ s cradle of regulatory red tape applied to smaller companies .
Michael says : “ We need to force regulation to be condensed because right now it can be a pain for companies to do the bureaucratic work . We should help companies do the right things and reduce the burden of bureaucracy .” However , he also points out that without regulatory pressure , companies might not move . It is the right balance that is needed .
Bystronic : an industry ambassador Bystronic was listed on the stock market in 2021 and did not have a sustainability strategy .
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