CSRD Compliance – A legal requirement with multiple opportunities
Credibility and transparency in sustainability commitments strengthen a company’s connection to its employees, customers, and stakeholders, enhancing its attractiveness as an employer. They foster public recognition and long-term viability in the capital market. This openness is now legally mandated through the Corporate Sustainability Reporting Directive (CSRD), which gradually extends the existing reporting requirements for companies under the CSR-RUG to additional companies based on size, balance sheet total, and net revenue.
Since January 1, 2024, CSRD reporting requirements apply initially to public-interest companies with more than 500 employees. Starting January 1, 2025, all other large companies subject to accounting laws will be included, and from January 1, 2026, capital market-oriented SMEs.
Our support on the path to CSRD Compliance
The CSRD requirement poses challenges for many companies, especially in the initial phase. Our services focus on guiding companies toward a legally compliant and compelling report.
From analysis to evaluation
Together with our partner, the sustainable business consultancy Qualität & Werte, we cover the entire reporting process and the effective communication of interesting results to employees, customers, and stakeholders:
- Analysis of the current state & double materiality assessment
- Strategy formulation & action recommendations
- Improvement of sustainability performance
- Selection and implementation of systems & processes
- Preparation of an audit-proof report
- Communication of the report to internal and external target groups
- Feedback loops & evaluation
Systematically optimizing sustainability performance
Based on the collected data, we can identify potential improvement areas in sustainability performance beyond reporting obligations and highlight opportunities for positive changes. At the same time, our analysis allows us to filter out particularly positive results. Data analysis and our professional assessment of the results provide an optimal foundation for companies to make informed decisions and implement targeted actions to enhance sustainability performance. This systematic approach makes it easier to understand, track, and achieve sustainability goals.
CSRD Report as a valuable contribution to internal and external communication
We also view the data published in the report on a company’s ecological, economic, social, and cultural sustainability measures as a valuable asset for internal and external communication. The sustainability report is thus not only an obligation but also a versatile opportunity. By openly communicating the results and key figures, transparency and credibility are promoted, trust is built, and a meaningful dialogue with key target groups – such as employees, customers, and stakeholders – is strengthened.
