Sustainability reporting
Your Partner on your ESG transformation journey
The Path to Sustainability
Raising awareness
Raising awareness among top management is the first step in developing an ESG strategy for companies. Engaging the right people is crucial to ensure that the organization commits the necessary time and resources to the project. A corporate long-term strategy is the basis for an ESG system, and clear goals and metrics should be established to track progress and identify areas for improvement. By prioritizing ESG, companies can create a sustainable business model that minimizes risks and maximizes opportunities for growth.
Preparing and disclosing ESG report
Designing the contents of the ESG report is a critical step in the ESG project of companies. The report should present a fair and accurate depiction of the company's ESG status and profile and contain reliable and representative information. Companies need to ensure that the information presented in the report is consistent with their actual practices, as the public and stakeholders are increasingly scrutinizing the commitments made by companies to improve their ESG KPIs.
Alignment of ESG strategy throughout company
To ensure the successful implementation of the ESG project, it is recommended that companies provide ESG training to all their crew and staff. This training should cover any changes that were made as part of the ESG project, as well as the reasons behind these changes. It is important to emphasize the commitment of top management to ESG during this training.
The team
Assembling a multi-disciplinary team and appointing an ESG coordinator, along with trusted external advisors, will help companies successfully implement their ESG strategy, integrate ESG considerations into their operations, and achieve their ESG goals.
Monitoring and updating KPIs
The company has a responsibility to continuously monitor and update ESG Key Performance Indicators (KPIs) in order to demonstrate its commitment to ESG. Regularly reviewing and updating procedures and introducing new activities and metrics in its reporting when these are relevant to ESG is a continuous process.
Your ESG Transformation starts here
Sustainability Reporting
The increasing complexity of sustainability & ESG reporting, alongside the introduction of new legislation around the world, is creating new and pressing challenges for businesses. Keeping up with the rapid pace of change can also be a burdensome task while you’re trying to put in place effective strategies to meet business sustainability goals. Our experts consolidate global insights, providing clarity on best practices and requirements. We map the regulations to the legal requirements, ensuring confident compliance and reporting. Stay updated, mitigate risks, and shape a sustainable future for your business.
What is a sustainability report?
Sustainability reporting or "non-financial reporting" is when a company creates a report detailing its environmental, social, governance, and economic goals, as well as its progress towards achieving them. Companies typically describe their strategic goals, sustainability activities, and a status report of the benefits and costs of those activities. Reporting is often driven by guidelines set by sustainability standards such as the Global Reporting Initiative (GRI).
As of 2024, companies within the EU must adhere to the new requirements set by the Corporate Sustainability Reporting Directive (CSRD), which expands on the previously established Non-Financial Reporting Directive (NFRD). In line with the CSRD’s implementation this year, our reporting services offer comprehensive support for your company’s disclosure obligations. We guide you through the intricacies of the EU Taxonomy and European Sustainability Reporting Standards (ESRS), ensuring your reporting is thorough, transparent, and compliant. Our expertise is in helping you navigate these new directives, providing tailored solutions that reflect your company’s commitment to sustainable practices.