Corporate Sustainability Reporting Directive

On January 5th, 2023, the Corporate Sustainability Reporting Directive (CSRD) came into effect, requiring companies to disclose their sustainability performance using the European Sustainability Reporting Standards (ESRS). This change aims to give stakeholders—investors, regulators, and the public—a clearer view of a company’s social and environmental impact.

Originally, the directive applied to a larger group of companies. However, recent adjustments under the Omnibus Directive may reduce the number of businesses required to report. For those that still fall within the scope, sustainability reporting will become an annual requirement, integrated into their financial disclosures.

• Ensures compliance with the original directive and the new proposals
• Helps manage your company’s non-financial data
• Provides impact, (financial) risk, and opportunity management
• Supports the measurement and monitoring of your company’s (ESG) performance and strategy

• A double materiality assessment defining material topics
• A gap-analysis to understand existing data gaps
• The development of a report according to the EFRAG standards
• An audit of the report to gain limited assurance

CSRD implementation has two sides: the strategic and the practical. The strategic part deals with your ambitions, targets, and learnings, while the practical part zones in on developing the report for the financial reporting year.

With over 10 years of experience in sustainability reporting, Ecomatters can support you with the full CSRD implementation process. We offer:

• Full CSRD implementation support
• Execution of the double materiality assessments
• Calculation of Scope 1, 2, and 3 emissions using the Greenhouse Gas Protocol and assistance in quantifying other impacts
• Provide support in organising data streams and identifying data gaps
• KPI development
• Assistance during assurance
• Acting as an expert on certain topics

If you would like to discuss working with Ecomatters on the implementation of CSRD, fill in the form below or schedule a call with one of our experts.