CSRD: Your unique roadmap for sound sustainability reporting
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Our solutions for all aspects of CSRD
The Corporate Sustainability Reporting Directive states that every company must report on its sustainability activities from 2024 onwards (for fiscal year 2023) if at least two of the following criteria apply: it has over 250 employees, more than 20 million euros in total assets, or over 40 million euros in sales. Many small and medium-sized businesses are unaware of the effort involved and ill-prepared to comply. The organisational infrastructure and sustainability expertise are lacking, as well as experience in reporting.
Here you will find an overview of all relevant basic information about CSRD.
Our approach
Hardly any business sector is exempt from the requirements of the Corporate Sustainability Reporting Directive. Our experts work together for you on an interdisciplinary basis to provide advice and support to upper management, division management, and sustainability managers to assist them in complying with the CSRD.
We help you understand all the regulatory implications of your company's organisational structure, business model, and business relationships, and guide you through planning and implementing all the necessary measures.
Throughout the process – from establishing the necessary sustainability management structures to formulating a sustainability strategy to implementing it – you benefit from our expertise, our real-world experience, and our network of contacts. Our approach is to coach you in establishing a workable system of sustainability management and reporting that you can handle.
Our solutions
Working closely with you, we together develop an individual roadmap for creating the framework necessary to ensure that your company is well-prepared for meeting your CSRD obligations. In doing so, we will first define your sustainability objectives and your strategic orientation with regard to sustainability. We guide you through adapting your processes and organisational structure. Together, we create the structures necessary for reliable sustainability management with the involvement of the relevant departments. We follow a step-by-step approach which enables us to react flexibly to your situation at the outset. Our portfolio of activities includes:
1. Readiness workshop
- Scoping of concern
- Identification of responsibilities
- Sustainability awareness and initial assessment
2. Sustainability management
- Initial assessment and gap analysis
- Materiality analysis
- Establishment of a sustainability strategy from which fields of action, objectives, and KPIs are derived
- Identification of ESG risks and integration with Environmental Resources Management (ERM)
- Establishment of organisational structures and new processes
3. Ensure compliance & audit readiness
- Application and implementation of the reporting standard
- Documentation of the processes and structures
- Monitoring of the KPIs
- Establishment of procedures for measuring and reporting progress
- Assurance that it is verifiable
- Reporting
4. Standardisation and automation
- Establishment of data collection systems
- Integration of suitable system solutions
- Establishment of a partially or fully-automated process management
Contacts
Philipp Killius Partner - Hamburg
Elma Sefer Periskic Partner - Stuttgart
Wolfgang Völl Partner - Düsseldorf
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