Sustainability Disclosure & Reporting Advisory Program
Promoting Transparent Sustainability Reporting According to CSRD and ESRS
In an era where sustainability has transformed from a voluntary to a mandatory matter, the introduction of the Corporate Sustainability Reporting Directive (CSRD) marks a critical milestone. Due to their direct or indirect reporting obligations, both SMEs and larger organizations are facing the directive’s complexities leading to the dual challenge of understanding new regulatory landscapes and integrating sustainable practices into their business models.
Designed to effectively overcome these challenges, our Sustainability Disclosure & Reporting Advisory Program supports you in preparing for and meeting reporting obligations with a step-by-step approach that aligns with your organization’s individual needs and current status quo. Start this journey with us to leverage transparent reporting and sharing of your sustainability data as new business enablers and central aspects of your corporate strategy.
Your Benefits
- Readiness: Prepare your organization for foreseeable sustainability reporting obligations in an appropriate.
- Compliance: Ensure CSRD and ESRS compliance and protect your organization from legal and financial consequences.
- Competitive Advantage: Enhance your reputation by demonstrating your company’s ESG commitment to clients and investors.
- Risk management: Gain a deeper understanding of your organization’s sustainability impact and risks and improve risk management by identifying proactive measures to minimize them.
- Operational benefits: Optimize your use of resources and operational efficiency by implementing CSRD requirements, resulting in potential cost savings.
Do you want to find out your organization’s CSRD readiness level? Then complete our quick check here.
Our Approach
Our Disclosure & Reporting Advisory Program is designed to comprehensively prepare your organization for the complexities of sustainability reporting, guiding you towards CSRD and ESRS compliance through a comprehensive approach including:
Introductory training course on sustainability reporting to understand the scope and requirements of the CSRD and ESRS and enable participants to develop first actionable steps.
Get your organization CSRD-ready with our customized advisory and training program, ensuring sustainability reporting preparedness. We are also available to offer guidance on other international sustainability reporting standards and frameworks, including GRI, DNK, TCFD or CDP.
Contact us for more information!
Why DEKRA?
- We provide the expertise and experience you need to adopt effective sustainable practices.
- Our global network of sustainability experts is always up to date with the latest developments in local and international sustainability regulations.
- Our sustainability disclosure and reporting advisors command a wide range of industrial and technical expertise.
1. Which companies are affected by the CSRD and when?
The Corporate Sustainability Reporting Directive (CSRD) is expected to affect almost 50,000 companies. The CSRD applies to all:
- Large companies already subject to the Non-Financial Reporting Directive (NFRD) (public interest entities with more than 500 employees) will need to report in 2025 for fiscal year 2024.
- Large companies not previously subject to the NFRD (meeting at least two of the following three criteria: total assets of ≥ €25 million, a net turnover of ≥ €50 million and/or ≥ 250 employees) will need to report in 2026 for 2025 data.
- Listed SMEs: Small and medium-sized enterprises (SMEs) that are listed on EU regulated markets (except for micro-enterprises) will also be required to report in 2027 for fiscal year 2026, although they will be subject to less extensive reporting requirements compared to larger companies.
- Non-EU Companies: Non-EU companies generating a net turnover of €150 million in the EU and that have at least one subsidiary or branch in the EU with a revenue of €40 million will need to report in 2029 for 2028 data.
2. Why should I care about CSRD even if my organization is not obligated to report?
3. How are the CSRD and the ESRS are linked to each other?
4. When should I start preparing my organization for the directive and the approaching reporting obligation?
5. How can my organization benefit from the transition period (phase-in) before full reporting requirements come into force?
6. How does the program accommodate different levels of sustainability reporting experience?
7. What is the duration for an organization to complete the program and in which formats are the services carried out?
8. How will the program help in achieving CSRD and ESRS compliance specifically?