We help you accelerate and structure your sustainability efforts through a five-step process and a management system for sustainability plans and reports. With tailored ESG advisory, we assist you in complying with current reporting requirements so that your company can grow sustainably with us as your reliable partner.
Get assistance with your sustainability reportingThe process consists of workshops, access to our digital management system Acture, and ongoing advisory as needed. The process results in a sustainability plan and a voluntary or statutory sustainability report.
Acture is an activity-based system where you can build a sustainability plan with clear short- and long-term goals and KPIs. Within the system, you also create comprehensive documentation for your sustainability report. The system streamlines sustainability efforts and facilitates goal achievement. Acture comprises the following modules:
A sustainability report is a summary of an organisation's commitments to contributing to long-term sustainable development—for the planet, people, and the company itself. The purpose of the sustainability report is to provide the market with transparent and reliable information that can influence various stakeholders' willingness to invest in, do business with, or work for the company. A statutory sustainability report is prepared in conjunction with the annual report.
A statutory sustainability report should contain a description of the company's business model and value chain and an account of the sustainability issues that are significant for the company from a consequential and financial perspective. The report should include activities, goals, and KPIs that show progress on significant issues, along with comments on associated policies/governance documents. Since December 2016, the EU directive NFRD has regulated what should be included in a sustainability report, but in January 2024, the new EU directive CSRD came into force, introducing considerably stricter guidelines for how underlying analyses should be conducted and what data should be reported.
January 1, 2024 (reports due in 2025) - Large public-interest entities/companies with more than 500 employees. January 1, 2025 (reports due in 2026) - Other companies/groups that meet at least two of the following three thresholds: more than 250 employees, more than 50 MEUR in turnover, and more than 25 MEUR in balance sheet total. January 1, 2026 (reports due in 2027) - Listed small and medium-sized enterprises on regulated markets.
A double materiality assessment is mandatory for CSRD compliance. The results determine how companies should navigate the ESRS standards and what disclosures should be included in the sustainability report. The analysis involves identifying the company's impact on the environment (people and planet) and the financial impact of external factors on the company. The analysis must consider both actual and potential, positive and negative effects in the short, medium, and long term.
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