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CSRD- report
guidance
Step by step towards a proper sustainability report
Are you prepared for CSRD to be implemented? Large corporations will be subject to the strict EU reporting rules starting in 2028. We observe, nevertheless, that a lot of business owners are not yet prepared for this. You can quickly become compliant and, maybe more significantly, set yourself apart in the market by starting down the correct path immediately. We are pleased to assist you en route.
What is a CSRD-report?
Large corporations are required by the EU’s Corporate Sustainability Reporting Directive (CSRD) to report on how they consider environmental, social, and governance (ESG) factors. Increased openness about sustainability performance in the widest meaning of the word is the goal of the CSRD. from pay and corruption policies to CO2 emissions.
The reporting specifications are extensive and quite intricate. We provide guidance throughout the procedure because of this. We develop a clear, detailed strategy and proceed step-by-step to provide a solid, trustworthy report that the accountant can accept. Among other things, we assist you with establishing the governance structure, organising your ESG data, and putting up the appropriate processes.
CSRD: Not just an obligation, but an opportunity
The importance of corporate social responsibility is growing, and an effective ESG strategy leads to improved performance and reduced expenses. For this reason, this reporting is both a duty and an opportunity. The report’s findings give you information about the possibilities and threats facing your business. and provide you with tangible starting points for enhancing your company’s operations.
Benefits of process guidance during CSRD
- Solid preparation for the upcoming CSRD obligation.
- Overview through the professional guidance of our specialists.
- Higher chance of approval during the audit by an external accountant.
- Strategic insights into risks and opportunities for your company.
- A stronger sustainability profile with which you can distinguish yourself in the market.
- A higher appeal to customers, financiers, partners and employees if you can produce a strong CSRD report.
Who is obligated to follow the CSRD
For listed firms covered by the Non-Financial Reporting Directive (NFRD), CSRD is already mandatory. However, starting in 2028, major businesses with 1,000 or more workers and a balance sheet total of 50 million or 25 million euros will also be required to report on sustainability. They are then required to report on the fiscal year 2027.
Large corporations are required to report on their whole value chain starting in 2028 as part of CSRD. For this reason, we also encourage smaller businesses who work with or provide to larger businesses to sign up for the voluntary sustainability reporting VSME. This will allow them to respond to enquiries from CSRD-affected chain firms in a transparent and trustworthy manner.
What to know more regarding CSRD?
Will your business eventually have to comply with CSRD? Are you curious about your current situation and areas for improvement? Or do you have another query regarding the CSRD procedure guidelines? Please provide your contact information below, and we would be pleased to discuss the options with you.