Consumers, investors, legislators and value chain partners have a growing interest in the sustainability performance of companies. Reliable, comparable and up-to-date Environmental, Social and Governance (ESG) information is therefore becoming increasingly important and it will soon even be mandatory. High quality ESG reporting will help companies to remain competitive in the future, fine tune their strategy and business model and seize opportunities.
The EU is introducing the Corporate Sustainability Reporting Directive (CSRD) and Sustainable Finance Disclosure Regulation (SFDR). As a result, both companies and financial institutions will need to become more transparent by increasing their disclosures. All ESG information has to be comparable and reliable. The EU has therefore developed sustainability reporting standards (ESRS) and a taxonomy that defines which economic activities may be qualified as environmentally sustainable.
We implement a high-quality ESG reporting cycle to facilitate compliance with legal requirements and provide clear insight to stakeholders.
What are results of the project?
The three concrete steps of our approach are:
We start with an ESG Readiness Scan that identifies the status of the available ESG information. On this basis, we create a clear project plan with which the ESG reporting cycle can be brought to the desired level.
The project focuses on bridging the gap between the current and desired situation by optimising and implementing registration processes and systems.
We implement a plan-do-check-act cycle (PDCA) and train employees to ensure that the organization becomes self-sufficient in maintaining and updating ESG reports.
We create a dashboards that provide detailed insight into the sustainability performance of the entire investment portfolio. If portfolio companies fall under the CSRD legislation, the relevant data can be extracted directly from the CSRD report.
What are the results of the project?
An SFDR project consists of three parts:
Do you have questions related to ESG? Don’t hesitate to contact our expert Sven van der Sanden directly.