How to navigate the changing world of sustainability standards

Corporate sustainability standards are at a turning point, with new regulation and voluntary frameworks bringing more granularity and consistency to reporting than ever before. In this fast-changing context, how can companies make the best use of these developments to advance their sustainability ambitions?

When Mike Penrose and his partner Alexandra Smith set out to create their sustainability management platform, FuturePlus, they wanted to make sure it was aligned with existing standards. “We didn’t want to reinvent the wheel: we pulled every standard that exists and started out with 4,500 indicators,” Penrose told CSO Futures.