ROCKWOOL hosts SustainAbility Transparency Network Europe Workshop

20 November 2019

Companies like Coca-Cola, Shell, Novo Nordisk, Credit Suisse and many more from different industries all over Europe were at ROCKWOOL to discuss how sustainability transparency can improve corporate performance.

Mirella Vitale, Sustainability, SustainAbility Transparency Network

ROCKWOOL is proud to host SustainAbility’s Transparency Network 2019 European Workshop. SustainAbility, an ERM Group company, is a global think tank and advisory services firm that helps companies better integrate sustainability into their business.

Through its member network, SustainAbility Transparency Network (STN), it brings together leading global brands through events like workshops, webinars and joint research projects to share best practices and discuss trends, challenges and opportunities in sustainability reporting and transparency.

“The expectations and requirements from investors, customers, employees and communities regarding corporate sustainability are steadily increasing, and also changing,” says Mirella Vitale, Senior Vice President at ROCKWOOL Group. “There is much greater awareness of and emphasis on corporate purpose and long-term value, as opposed to short-term profit. A network like STN is vital for companies like ROCKWOOL to understand what other companies are doing, what their experiences and learnings are, and to pick up on ways we can improve our own sustainability performance and transparency.”

Some of the latest examples of transparency-related sustainability initiatives from ROCKWOOL include the introduction in September of ESG calls for investment analysts, the first of which focused on energy efficiency-related topics; a partnership with TruCost, which provides a quantitative analysis of a company’s performance towards the Sustainable Development Goals (SDGs); collaboration with Circle Economy to help ROCKWOOL assess and improve the circularity of its value chain; and signed support of the disclosure recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD).

Anthony Abbotts, Director of Group Sustainability for ROCKWOOL adds, “We value the collaboration in the network and learning and sharing experiences with many of our peer companies.”