CSRD/ESRS: Your unique roadmap for sound sustainability reporting

The EU has introduced regulations such as the European Sustainability Reporting Standards (ESRS) to align sustainability reporting with financial reporting. The Corporate Sustainability Reporting Directive (CSRD) will require companies to report on the impact of sustainability issues on their business and how their operations affect people and the planet (i.e. the concept of double materiality). The requirements of the CSRD will be phased in from the 2024 financial year.

How Forvis Mazars can help on CSRD compliance

Working closely with you, we will develop a customised roadmap to create the necessary framework to ensure your company is ready for and complies with CSRD obligations. We start by defining your sustainability goals and strategic direction. We guide you through the adaptation of your processes and organisational structure and work with you to create the necessary structures for reliable sustainability reporting, taking into account all relevant departments. We follow a step-by-step approach that allows us to be flexible from the outset.

Our portfolio of activities includes:

Readiness workshop

Assessment of Scope
Identification of responsibilities
Sustainability awareness and initial assessment

Sustainability management

Alignment of the double materiality assessment to IRO-1 and IRO-2
Stakeholder analysis & engagement
Development of a sustainability strategy from identification of material issues to policies and procedures, action plans and measures, targets, and KPIs
Establishment of a sustainability governance structure

Compliance & audit readiness

Gap analysis on the current reporting against the requirements of the CSRD
Audit-proof documentation of the policies and processes for reporting KPIs
Establishment of procedures for measuring, monitoring and reporting progress

Standardisation and automation

Evaluation of IT and data requirements as well as identification of and support in selecting suitable tools (make, buy or partner)
Implementation guidance
Establishment of a partially or fully automated process management

Our added value

You benefit from the capabilities of a large firm with a personal touch as we work in interdisciplinary project teams in close and trusting collaboration with your organisation’s representatives and stakeholders to ensure CSRD full compliance. We also draw on the expertise of our sustainability experts in over 100 countries around the world for a more in-depth look at international issues.

Submit a RFP

Preparing for the CSRD

The Corporate Sustainability Reporting Directive (CSRD) is now in force across the EU. The directive requires a number of companies operating in the EU to publicly disclose and report on environmental, social, and governance (ESG) issues. This means businesses need to be prepared to comply with more demanding transparency obligations on their commitment to sustainability.