PRESS COVERAGE: EL MUNDO

TransitionX Europe, a trailblazing startup rethinking ESG consulting, participated in the III Sustainability Summit, organized by the Cámara de Comercio de Castellón. Our CEO and Co-Founder, Jaime Santisteban, took part in this event alongside industry leaders, experts and businesses to address the most pressing challenges and opportunities in sustainability.

“We are undergoing a massive transformation in transparency management,” said Santisteban. “We’ve been seeing for years a shift towards more sustainable business models. But today, transparency is being driven in a historically unprecedented way, presenting businesses with significant challenges. Companies must navigate growing action and disclosure as well as evolving regulations, limitations, and risks that simply didn’t exist just even months ago”.

Among the distinguished speakers were Professor Dra. Sandra Guevara, Ramón Roca from El Periódico de la Energía, Lorena García from the CE/R+S Club of Responsible and Sustainable Companies of the Valencian Community, Rubén Esteller of El Economista, Justo Vellon from Castellón Airport, Bruno Ciurana of APE Grupo, Alberto Valdivielso from FAMA Cuatroochenta, and Miguel Borque from Save the Children Foundation, who shared insights on various dimensions of sustainability, spanning climate action, social impact, competitiveness and technology.

This transformative shift in transparency management is central to our work at TransitionX. With growing pressures to address ESG factors, businesses face an urgent need to start measuring, setting targets and action plans, adapting to CSRD or voluntary reporting frameworks, and communicating actively and avoiding greenwashing risks.  However, despite the clear advantages of sustainability, many companies are still struggling to bridge the gap between compliance and actual impact.

Our analysis pointed to a key discrepancy: while there are signs of maturity such as the majority of Spanish listed corporations (IBEX 35) which have validated their decarbonization strategies with Science-Based Targets (SBTi), many businesses continue to rely on outdated tools—like spreadsheets—to manage their ESG data. This disconnect between reporting, available technology and real impact limits the ability of companies to truly capitalize on the opportunities that sustainability offers.

At TransitionX, we emphasize that integrating sustainability into core business operations is not just about compliance—it’s a strategic driver of profitability. Companies that embrace ESG practices outperform their competitors by 52% according to IBM, demonstrating that sustainability is not only a necessity for future-proofing but also a powerful tool for competitive advantage.

The III Sustainability Summit reinforced the importance of collective action, embedding technology into ESG strategy, and the need for businesses to prioritize sustainability in every aspect of their operations.