How Triscan A/S Embraced ESG Reporting with esgResilience
Triscan A/S, a leading Danish supplier of vehicle spare parts, has long been known for its focus on quality and customer service, supplying to wholesalers in over 40 countries. But as the global conversation around sustainability has intensified, Triscan is taking important steps to ensure they are not only delivering high-quality products but doing so with a conscious approach to the planet and society.
In 2024, Triscan made the strategic decision to formally integrate ESG (Environmental, Social, Governance) practices into their operations. According to Brian L. Sørensen, CFO of Triscan, this wasn’t just about keeping up with regulations like the Corporate Sustainability Reporting Directive (CSRD) but about future-proofing their business for the long haul. “We are in the eye of the hurricane when it comes to the green transition,” Brian explains. “We want to be part of the solution, which is why we wanted to make sustainability an ongoing focus across the entire company.”
To guide this transformation, Triscan appointed Marie Markman as their first ESG and Compliance Officer and began working with esgResilience to produce their initial ESG report. This partnership offered the company a solid foundation to identify their sustainability priorities and understand the reporting requirements they should meet.
Opportunities and Challenges in the Green Transition
For Triscan, sustainability has been a long-term consideration. Over the past decade, they’ve implemented a range of initiatives, from energy optimization to providing job opportunities for those on the margins of the labor market. But as the demand for sustainability information grows, particularly from their clients and financiers, Triscan is stepping up their efforts.
“Moving forward, our goal is to incorporate ESG topics into our business strategy,” Marie says. “We see it as a way to both meet new legal requirements and strengthen our overall business model. Naturally, we’re still in the process of learning and setting new goals.”
A Partnership for Sustainability Insights
Triscan selected esgResilience as their partner for the first ESG reporting process, a collaboration that significantly enhanced their understanding of ESG factors. Marie highlights the benefits they’ve gained: “esgResilience provided us with invaluable insights and data. We were surprised by how smooth the process was, especially in terms of data confidentiality and the depth of knowledge shared.”
The detailed ESG Analytics report provided by esgResilience offered valuable strategic insights, enabling meaningful discussions at both the management and board levels. Triscan’s leadership was impressed by the collaborative and transparent approach, with extensive knowledge sharing and efficient data processing. One key takeaway from this process was that Triscan could benefit further from assessing its value chain, particularly by looking into the working conditions and mapping Scope 3 emissions more comprehensively. Setting strategic targets in this area should be considered, and esgResilience provided valuable support in recognizing the main emission sources.
The report, which aligned with international and EU reporting standards such as the Green House Gas Protocol and voluntary ESRS for non-listed small- and medium sized enterprises (VSME ESRS), was also visually customized to reflect Triscan’s brand. The value of having a credible ESG report that reflects both Triscan’s sustainability and brand identity cannot be overstated.
Looking Ahead
With ESG firmly on their strategic radar, Triscan is now in the midst of conducting a double materiality assessment to identify their key performance indicators for the future. Measuring emissions on an annual basis is a start, as the company looks to incorporate material ESG factors into their operations and reporting. We are seeing increasing demand from our collaborators for sustainability data. We want to be ahead of the curve and ensure we contribute positively to the green transition,” says Marie. As their ESG strategy continue to evolve, Triscan’s experience shows how ESG is not just a regulatory box to tick but a powerful tool for driving meaningful, long-term change.
