CSRD
CSRD compliance can be complex, but with the right support, it’s an opportunity to boost sustainability and trust.
OUR CSRD OFFER
Efficiency through automation and integration
Our comprehensive CSRD service—covering double materiality, implementation, training, and technology solutions—is here to guide you every step of the way.
What is the CSRD and what updates does it bring?
The Corporate Sustainability Reporting Directive (CSRD) has significant implications for businesses operating in the European Union. This directive, adopted by the European Commission, aims to enhance and standardise sustainability reporting, ensuring that companies provide more comprehensive and comparable information about their environmental, social, and governance (ESG) impacts.
The CSRD represents a significant step forward in ensuring companies are transparent about their impact on the environment and society.
The CSRD Process
The Corporate Sustainability Reporting Directive (CSRD) has significant implications for businesses operating in the European Union. This directive, adopted by the European Commission, aims to enhance and standardise sustainability reporting, ensuring that companies provide more comprehensive and comparable information about their environmental, social, and governance (ESG) impacts.
The CSRD represents a significant step forward in ensuring companies are transparent about their impact on the environment and society.
The CSRD represents a significant step forward in ensuring companies are transparent about their impact on the environment and society.
Explore our CSRD Offer
As businesses strive to comply with these new regulations, our comprehensive CSRD service is designed to guide you through every step of this transformative journey.
1. Double Materiality: A dual perspective on Impact
At the heart of the CSRD lies the concept of double materiality. Unlike traditional financial materiality, which focuses solely on the financial impact on the company, double materiality requires a dual approach:
1 FINANCIAL MATERIALITY
Evaluating how sustainability issues affect the company’s financial performance.
2 ENVIRONMENTAL AND SOCIAL
Materiality Assessing how the company’s activities impact the environment and society.
Our service begins with a thorough materiality assessment to identify and prioritise the most significant sustainability issues from both perspectives. This involves engaging with stakeholders, analysing regulatory requirements, and evaluating industry-specific risks and opportunities. By embracing double materiality, we ensure that your reporting captures a holistic view of your company’s sustainability performance.
2. Implementation: Integrating sustainability into your core
Successful CSRD compliance requires more than just reporting; the integration of sustainability into your business processes and culture is crucial. Our implementation services provide a structured approach to embedding sustainability into your organisation:
GAP ANALYSIS
We start by conducting a detailed gap analysis to compare your current practices with CSRD requirements. This helps identify areas needing improvement and sets a clear roadmap for compliance.
STRATEGY DEVELOPMENT
Based on the gap analysis, we collaborate with your team to develop a robust sustainability strategy that aligns with your business goals and CSRD standards.
PROCESS INTEGRATION
We assist in integrating sustainability metrics into your existing processes, ensuring that data collection, management, and reporting are streamlined and accurate.
CONTINUOUS IMPROVEMENT
Sustainability is a dynamic field. We provide ongoing support to help you adapt to evolving regulations and best practices, ensuring your sustainability journey remains progressive.
3. Technology RFP: Leveraging the right tools
Technology plays a crucial role in managing and reporting sustainability data. Our service includes support in crafting and managing a technology Request for Proposal (RFP) to ensure you select the best tools for your needs:
REQUIREMENTS DEFINITION
We work with you to define your specific technology needs based on your sustainability strategy and reporting requirements.
VENDOR EVALUATION
Our experts assist in evaluating potential technology vendors, considering factors such as functionality, scalability, integration capabilities, and cost.
PROPOSAL MANAGEMENT
We manage the RFP process from start to finish, ensuring clear communication, timely responses, and thorough evaluations.
IMPLEMENTATION SUPPORT
Once a vendor is selected, we provide support during the implementation phase to ensure the technology solution is effectively integrated into your processes.
4. Training: Empowering your team for success
Knowledge is power, and empowering your team with the right knowledge is crucial for effective CSRD compliance. Our training programs are designed to equip your employees with the skills and understanding necessary to drive sustainability initiatives:
CSRD FUNDAMENTALS
Comprehensive training on the principles, requirements, and implications of the CSRD.
MATERIALITY WORKSHOP
Interactive sessions to educate your team on the concept of double materiality and its application in your business context.
DATA MANAGEMENT TRAINING
Practical guidance on data collection, analysis, and reporting, to ensure accuracy and reliability in your sustainability reports.
ROLE-SPECIFIC TRAINING
Tailored training programs for different roles within your organisation, ensuring everyone from executives to operational staff understands their part in the sustainability strategy.
