Flo engaged Simply Sustainable to conduct a legal horizon scan and peer benchmark analysis to better understand its sustainability obligations and opportunities. With operations in both the UK and EU, Flo needed clarity on existing and upcoming environmental regulations that could impact its business. Additionally, the company sought insights into sustainability best practices among industry peers to inform its own approach.
Simply Sustainable conducted a comprehensive review of UK and EU legislation, identifying both mandatory and voluntary sustainability reporting requirements that may apply to Flo now and the future. The peer benchmark analysis assessed how selected peers and competitors approach ESG strategy, reporting, and governance. The findings provided Flo with a clear roadmap for compliance, recommendations to align with industry best practices, and strategic steps to enhance its sustainability strategy and governance.
The challenge and objectives
Identify current and emerging environmental regulations relevant to its operations in the UK and EU, including compliance thresholds.
Understand the sustainability strategies of key industry peers to benchmark best practices in ESG reporting, emissions reduction, and governance.
Develop strategic recommendations to future-proof the business against regulatory changes and position Flo as a sustainability leader.
Simply Sustainable’s analysis has been an invaluable resource in our sustainability discussions. Their insights provided a clearer understanding of the regulatory landscape, how our peers approach sustainability and offered us valuable guidance on potential next steps.Gabriela Schwartz-PortoHead of Compliance, Flo
The story
Flo sought a comprehensive assessment of existing and upcoming environmental regulations in the UK and EU to understand compliance obligations and anticipate future regulatory changes. Additionally, the company wanted to benchmark its sustainability strategy, governance, and reporting practices against key industry peers. With plans for future growth, Flo required insights into the compliance thresholds for sustainability reporting frameworks, such as the UK’s Climate-related Financial Disclosure regulations, the EU CSRD, and the Green Claims Directive. The company aimed to use this analysis to proactively align its sustainability strategy with regulatory expectations and investor priorities.
To address Flo’s objectives, Simply Sustainable conducted a two-part analysis. The legal horizon scan mapped existing UK and EU regulations, identifying compliance obligations, potential risks, and upcoming changes that could impact Flo’s operations. The peer benchmarking analysis reviewed the sustainability approaches of industry peers, evaluating their ESG strategies, emissions reporting, and governance structures. The findings provided Flo with a detailed comparison of best practices, and gaps to address in its sustainability approach.
The project delivered clear, actionable insights for Flo to navigate sustainability regulations and enhance its ESG strategy. Flo now has a detailed understanding of compliance thresholds and the steps required to align with future UK and EU reporting obligations. The peer benchmarking provided valuable insights into industry best practices, helping Flo define key next steps for sustainability governance, reporting, and GHG emissions measurement and reduction.
Armed with this strategic roadmap, Flo is now well-positioned to meet regulatory requirements, strengthen its sustainability credentials, and enhance investor confidence.
To find out how Simply Sustainable can help your organisation stay ahead of sustainability trends and legislation, request a call-back from one of our team of experts.