positive impacts (PI) GmbH

EU Legislative Interests

CSRD, EU Taxonomy, SFDR, MIFID II

Communication Activities

1) Email sent with the topic 'Link ESG & Financial Performance' to EU Commissioners This email included 1) a letter to the EU Commission and 2) a PDF with the findings on the link between ESG & Financial Performance (see content of the letter below) 2) Email sent with the topic 'RE: Link ESG & Financial Performance' to the same email addresses. This email included 1) a PDF document with the Omnibus Proposal and 2) a clarification of the recommendations. Before sending these emails, Positive Impacts had had extensive conversations with Patrick de Cambourg about the findings of the link between ESG & Financial Performance, after which it was decided to share this too with the EU Commissioners & relevant others. 3) social media campaigns on LinkedIn Contents of the letter: Dear Members of the European Commission, In this crucial moment for the EU, as we strive to balance economic competitiveness with ambitious sustainability goals, we wish to share groundbreaking research findings that challenge the notion that ESG integration is a burden on businesses. Our study demonstrates that ESG implementation is not only beneficial for sustainability but also enhances financial performance. Our research, conducted on the top 100 largest companies listed on Frankfurt Stock Exchange's Prime Standard, reveals: 1. Companies with strong ESG strategies significantly outperform others financially. 2. A clear link is established between ESG strategy performance and higher Earnings per Share (EPS). 3. Strategic ESG management approaches generate positive sustainability impacts and financial outcomes. These results underscore the critical importance of two key elements in ESG strategy. Firstly, triggering strategy through materiality assessments is essential. These assessments enable organizations to evaluate whether an ESG matter represents a compliance or reputational risk, affects productivity, or impacts revenue positively or negatively. Secondly, mandatory reporting on ESG KPIs plays a vital role. This requirement not only fosters the move towards a green transition but also significantly enhances transparency and market competitiveness. Together, these elements form a robust framework for effective ESG integration and sustainable business practices. Our research methodology involved evaluating 100 companies on their ESG strategy implementation, assessing 2019 ESG data and 2018-2022 financial data, and correlating ESG strategy levels with financial performance, using EPS as the key metric. This comprehensive approach ensures the robustness of our findings and their applicability across various sectors. We believe these insights can significantly contribute to the ongoing efforts to streamline and simplify regulatory processes while ensuring that the European Union remains dynamic, innovative, and competitive globally. By demonstrating that ESG integration is not just a compliance exercise but a driver of financial success, we can encourage more businesses to embrace sustainable practices wholeheartedly. We would welcome the opportunity to discuss our findings in more detail and explore how they can inform policy decisions at the EU level. Our goal is to support the creation of a regulatory environment that fosters both sustainability and economic growth. Thank you for your consideration. We look forward to contributing to the EU's journey towards a more sustainable and prosperous future. Sincerely, Myrna van Vliet, On behalf of Positive Impacts

Interests Represented

Promotes their own interests or the collective interests of their members

Member Of

Bundesverband mittelständische Wirtschaft – Unternehmerverband Deutschlands e. V.