We are pleased to announce that January in the new year will mark the launch of the Flori Risk Assessment (FRA). This new sector-wide tool empowers members to showcase their sustainability efforts at both individual and aggregated sector levels.
Key Features of the Flori Risk Assessment:
- ESG Risk Identification:
Analyze Environmental, Social, and Governance (ESG) risks in your value chain using insights from 20 reputable databases. - Risk Mitigation:
Address these risks with FSI-compliant sourcing practices delivered from the Sourcing Scan. - Data Reporting:
Helps to report key data points aligned with EU regulatory frameworks, including the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD).
Developed in collaboration with IDH – The Sustainable Trade Initiative and Floridata, the FRA is exclusively available to members of FSI.
Supporting Tools and Features
The FRA also serves as a sectoral dashboard, providing aggregated, anonymized insights to guide strategic decisions and foster best practices. Combined with the Sustainable Sourcing Scan, it delivers great value to members.
Additionally, Floridata is enhancing FRA accessibility with:
• An AI-powered instruction video.
• A comprehensive user manual.
• A future concept collective framework for reporting FRA and SSS data points in line with EFRAG guidelines.
More information
The FRA is a milestone in FSI’s commitment to supporting its members in identifying risks, implementing mitigating actions, and leveraging data-driven sustainability strategies.
Interested members can sign up at: https://flori-risk.eu/notify-me/ or visit the FRA website Flori Risk Assessment.