CSRD: 3 key learnings from Novasol Chemicals’ journey
As Novasol Chemicals adapted to the requirements of the Corporate Sustainability Reporting Directive (CSRD), they uncovered three key insights that reshaped their approach to sustainability.
Sustainability is no longer a choice but a necessity for businesses aiming to thrive in the modern world. For Novasol Chemicals, a long-time advocate of sustainability, this journey has been a continuous evolution. As Novasol Chemicals adapted to the requirements of the Corporate Sustainability Reporting Directive (CSRD), they uncovered three key insights that reshaped their approach to sustainability.
- Structure brings clarity
- Carbon accounting is essential but insufficient on its own
- CSRD compliance strengthens your market position
With Sweco’s Futureproofed team, as their trusted partner, Novasol turned these learnings into a structured strategy that not only ensures compliance but enhances their competitive edge.
Use case story of Novasol
As a global player in chemical distribution, Novasol had already been working on their sustainability strategy for several years. However, the introduction of the CSRD presented new challenges and requirements that demanded a more structured and comprehensive approach. While their priority was ensuring alignment with the new ESG framework and reporting demands, their ultimate goal was to transform their sustainability efforts into a competitive advantage.
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Partner for CSRD compliance
Recognizing the complexity of the CSRD, Novasol turned to Sweco’s Futureproofed team, a trusted partner they had worked with for their carbon management and carbon footprinting. Our structured methodology and human-centered approach made them the perfect choice to help Novasol comply with the CSRD while refining their overall sustainability strategy.
“Sweco’s Futureproofed team impressed us with their approach, simplifying things and making them understandable. Their direct, human-centered attitude, and competitive pricing made them the obvious choice.”
Hilde De Baere, HR Quality and Regulatory Manager, Novasol Chemicals
A structured path to sustainability
Our engagement with Novasol began with a double materiality assessment—a key step in CSRD compliance. This assessment helped the company identify which topics were most relevant to both their impact on the environment and society, and the risks and opportunities they faced from sustainability issues.
Surprisingly, the assessment revealed that some areas, such as transport and packaging, which Novasol had previously prioritized, were less significant to their sustainability strategy than anticipated. On the other hand, new areas requiring more focus were identified. This systematic approach provided Novasol with clarity and a renewed focus on where their efforts should be directed.
Hilde De Baere, HR Quality and Regulatory Manager, Novasol Chemicals: “We discovered surprises through the assessment. Topics we didn’t think were significant turned out to be more important, and others we assumed were critical had less impact than expected.”
Turning compliance into opportunity
The impact was immediate. Novasol’s core team quickly understood how the CSRD could be managed with a structured approach, and they gained confidence that compliance was not only achievable but could lead to meaningful improvements in their business practices.
Hilde De Baere, HR Quality and Regulatory Manager, Novasol Chemicals: “The structured approach showed us that not only could we meet the regulatory requirements, but we could also have a meaningful impact, strengthening our communication with suppliers and customers.”
Through a detailed gap analysis, they are now refining their strategy, setting clear targets, and improving their communication with both suppliers and customers. Thanks to this collaboration, Novasol is positioned to not just meet regulatory requirements but to leverage sustainability for long-term competitive advantage.
