Complying with directives - strategy for keeping pace with market trends
CSRD, an opportunity for resilience
There is a growing demand for European non-financial reporting related to environmental, social, and governance criteria, with the analysis of double materiality being its cornerstone.
Rong Yi Solutions offers an agile and collaborative approach, bringing climate and environmental expertise along with industrial experience to the double materiality analysis. We also provide a specific offering that meets the requirements of ESRS E1.
CBAM, the European Border Adjustment Mechanism
In light of the existing ETS in Europe, the CBAM is gradually being implemented with the goal of combating carbon leakage and protecting European industries from external competition that is not subject to carbon taxation.
Rong Yi Solutions supports steel, iron, aluminum, nitrogen fertilizer, hydrogen, and electricity importers in implementing the necessary methods to ensure compliance with mandatory reporting. This includes everything from calculating your suppliers emissions to managing internal processes within your company.
ACT Step by Step
Rong Yi Solutions is recognized as part of ACT Step by Step, a method for companies looking to align their strategy and business model with the Paris Agreement.
The process unfolds in five steps:
- Initial assessment
- Development of strategy and objectives
- Creation of a decarbonization pathway
- Definition of an action plan
- Monitoring of implementation
ACT Assesment
As a recognized ACT Assesment partner, Rong Yi Solutions supports your company in assessing its ambitions, transition plan, along with its past, present, and especially future actions, ensuring their compatibility with a trajectory that limits climate change to +1.5°C by 2100.
The method is based on three criteria that yield an overall score reflecting the degree of alignment of the company’s strategy:
- Performance: rated from 1 to 20.
- Coherence: rated from A to E.
- Trend: indicated as + (improvement), - (decline), or = (stable)
PACTE INDUSTRIE
ADEME program to facilitate skills upgrading and support for the transition of industry through defined pathways, a directory of service providers and a substantial financng support (of up to 80%).
Rong yi solutions is referenced by ADEME for the “ACT Step by Step” and “ACT Assesment” programs.
Training and awareness
To make the transition possible, you need the necessary tools, skills and knowledge. We can help you structure your training needs and contribute to the development of your skills in climate challenges.
Adapting your strategy to new challenges
Is your company committed to goals such as the Paris Agreement, SBTi, or Net Zero Initiative? Rong Yi Solutions can assist you in developing your roadmap by considering the challenges of your value chain, your industry, and your company’s structure.
These support services are tailored to your specific needs.