Latest news from the blog.

What is a Social Audit Code of Conduct?

Is the implementation of your company’s due diligence processes for responsible business conduct effective? I am currently on my way to Tyrol to conduct a Social Audit Code of Conduct at a supplier’s premises. A social audit offers on the one hand a possibility to get an insight into the fact that employee and worker […]

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GRI Standards – An Updated Version

What is the Global Reporting Initiative? The Global Reporting Initiative (GRI) was founded in Boston in 1997 in response to the Exxon Valdez oil spill and provides one of the key building blocks of global sustainability reporting today. By providing a common global language, the Global Reporting Initiative helps organizations and companies take responsibility for […]

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VieSto is on holiday!

After an exciting, successful and turbulent year, during which we’ve had the opportunity to accompany many interesting projects, we – Anneli and Julia – are going to take a well-deserved summer break starting from July 19th. As commonly known, the past year was marked by the corona pandemic. Therefore, we are even more excited that […]

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VieSto moves to the 7th district!

VieSto Consulting changes its location! From now on we can be found in the Studio Bespoke at Westbahnstraße in the 7th district. Our new office offers a great working atmosphere and has an inviting meeting room where we welcome our customers. Studio Bespoke and Studio Eisenköck consists of the graphic-design-duo Bernd and Barbara. You can […]

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Corporate Sustainability Reporting Directive (CSRD) 

On April 21st 2021, the European Commission published a draft of the Corporate Sustainability Reporting Directive (CSRD) as part of the Sustainable Finance Package which represents an extension of the Non-Financial Reporting Directive (NFRD). The aim of the proposed CSRD is to increase transparency by extending reporting requirements and to improve comparability by standardizing disclosure […]

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CSR Training at Quality Austria

A few days ago, I held an in-house training session on integrated management systems & CSR as part of my work at Quality Austria. In my experience, the benefit of an integrated management system as method to successfully implement CSR strategies in companies is considerable. If you are interested in CSR, and would like to […]

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Supply Chain Act: Protecting Human Rights and the Environment in Global Value Chains

In the beginning of March, the German government adopted a draft for the Supply Chain Act. The law is intended to oblige companies to ensure compliance with human rights and environmental standards along the entire value chain. In the following months, the EU Commission will also present a legislative proposal on due diligence and accountability […]

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EU Taxonomy Regulation: New information requirements for non-financial reporting

What is the Taxonomy Regulation? In June 2020, the Taxonomy Regulation (EU Regulation 2020/852), based on the EU Action Plan on Sustainable Finance, was published. The Taxonomy Regulation provides a classification system which facilitates the assessment of economic activities according to predefined sustainability criteria. The main purpose of this classification scheme is to create transparency […]

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