Performance
Let us establish your sustainability reporting together
Get professional support for your sustainability reporting based on the European Sustainability Reporting Standard (ESRS). Together, we will establish a reporting process that will enable you to prepare your own reports simply and easily in accordance with the requirements of the Corporate Sustainability Reporting Directive (CSRD).
Get professional support for your sustainability report
. Give us a call or make an appointment.
A sustainability report is more than just fulfilling obligations
With a sustainability report, you can present your performance and progress in relation to social, ecological and economic aspects in a transparent manner. This strengthens trust among customers, employees and investors. The report also serves as a basis for developing and improving your sustainability strategy.
The Corporate Sustainability Reporting Directive (CSRD)
The Non-Financial Reporting Directive (NFRD) has required large, capital market-oriented companies to report on sustainability since 2017. The CSRD is a further development of the NFRD. It is intended to close gaps in the reporting regulations and gradually expand the group of obligated companies. It therefore specifies which companies are obliged to report on sustainability and when, and how this is to be structured.
Affected companies must report on how they deal with social and environmental challenges. Detailed specifications for the content of reporting are described in the European Sustainability Reporting Standards (ESRS). The harmonized standard is intended to ensure that companies provide reliable and comparable sustainability information in a transparent manner in order to enable an assessment by stakeholders and offer the opportunity to redirect investments towards sustainable companies.
From 2025, unlisted companies will also be affected by the CSRD if they meet two of the following three criteria:
- Balance sheet total > 25 million euros
- Net sales > 50 million euros
- > 250 employees
The new CSRD Directive is based on the double materiality analysis ("double materiality"). This means that companies must consider both their own impact on their environment and the financial risks and opportunities that external sustainability aspects have on the company.
Your path to a profitable sustainability report according to CSRD could look like this:
The principles of our work in sustainability reporting
We plan and design an individual sustainability reporting process for and with you in accordance with CSRD. With our partner we offer nunc sustainability a unique mix of technical expertise in report preparation and experience in process design. As transformation experts, we not only support you in collecting and analyzing data, facts and figures. We place a special focus on the further development of your organization and the people in it so that sustainability becomes a matter of course.
The sustainability report should include the following:
- Business model and sustainability strategy
- Sustainability goals
- Management of sustainability risks
- Impact of the company and environmental management
- Social aspects and social commitment
- Governance
- Other non-financial key figures and indicators
A number of frameworks are CSRD-compliant
There are many opinions on which standards and formats are most suitable for sustainability reporting and which contents are indispensable in such a report. The common standards are:
European Sustainability Reporting Standards (ESRS) (ESRS)
- This standard is being developed by a body (EFRAG) on behalf of the European Commission in order to have a uniform standard for CSRD
- Strongly aligned with the GRI
Global Reporting Initiative (GRI)
- International and most widely used framework
- The GRI standards are a modular system that also includes industry-specific standards
German Sustainability Code (DNK)
- National standard for German companies
- Consists of 20 criteria divided into four areas
- Targets companies of all sizes and industries
A voluntary sustainability reporting
If your company is not yet legally obliged to do so, you can position your company as a pioneer by voluntarily preparing a sustainability report before you are obliged to do so. You can improve operational practices and strengthen your credibility as a committed sustainability pioneer.
Your way to the sustainability report
There are various ways to prepare a sustainability report. This is largely dependent on the respective company situation. We support you in establishing a report preparation process that is customized for you.
Contact us for professional support with your sustainability report. We look forward to your call.
Sustainability: double materiality analysis
Let us provide you with professional support in carrying out your materiality analysis in accordance with the ESRS standards. Together, we will develop a process that will enable you to carry out your materiality analyses simply and easily in accordance with the requirements of the Corporate Sustainability Reporting Directive (CSRD).
Sustainability consulting
Customers and investors are increasingly demanding that companies adopt sustainable and social corporate governance. This is now also supported by law. But what exactly do these market requirements mean and how can they be met? We support you on the path to sustainable transformation.
