CSRD Compliance: How We Help You Prepare for the Future of Sustainability Reporting
The Corporate Sustainability Reporting Directive (CSRD) represents a major shift in how companies must report on sustainability.
As the scope of sustainability reporting expands, more data, transparency, and accountability are required. This directive will affect not only EU-based companies but also non-EU businesses with significant EU operations.
CSRD is an EU directive requiring companies to disclose comprehensive information on their environmental, social, and governance (ESG) practices. It applies to both EU and third-countries (non-EU companies with significant operations in the EU). The directive covers various sustainability issues, including climate change, biodiversity, human rights, and workforce diversity, making it crucial for businesses to prepare now.
Is your business ready to comply? Let us guide you through the process, ensuring your business meets all the new regulatory requirements while maximising the benefits of robust sustainability practices.
CSRD
Who needs to comply, and when?
Many companies will fall under the scope of CSRD. The timeline for first compliance depends on company size and location.
Even if you don’t meet these criteria, you may choose to make a voluntary disclosure. Click here to read more about voluntary disclosures.
Why is CSRD Important?
In addition to regulatory compliance, CSRD is a chance to enhance your sustainability practices, attract investors, and improve operational efficiency. Key benefits include:
- Company understanding: Uncover organisation material impacts, risks and opportunities relating to sustainability topics
- Regulatory Compliance: Avoid penalties and safeguard your reputation.
- Investor Confidence: Align with investor expectations by integrating sustainability into your strategy.
- Operational Improvement: Identify inefficiencies and opportunities for sustainable growth.
- Stakeholder Trust: Showcase your commitment to sustainability for customers, employees, and partners.
Our approach to CSRD Compliance
Energise specialises in helping businesses meet regulatory sustainability requirements while optimising their sustainability strategies. Whether you’re a large enterprise or an SME, we’ll provide tailored guidance at every step of the way:
- Prepare your business for CSRD
- Conduct a Double Materiality Assessment
- Collect the necessary Data
- Prepare your report
- Strategic review
- Assurance & ongoing monitoring
Take the first step by booking a discovery call with our team to understand your business needs and set you on the path to compliance.
Happy Ltd – working towards a happier planet
We delivered a bespoke Net Zero Strategy for Happy with ambitious targets, including climate literacy training for the team, data collection support and supply chain assessments.
OUR BLOG
Social Sustainability in Practice: A Short Guide to Getting Started
Social sustainability in business is all about a company’s commitment to positively impacting people—whether it’s employees, customers, workers in the value chain or the local communities affected by its operations. Let’s explore key principles, benefits, and strategies for social impact.
CSRD Demystified: How it impacts your 2024-25 business reporting
The Corporate Sustainability Reporting Directive (CSRD) marks a transformative shift in how companies disclose their sustainability performance, with more companies impacted, more data required, and more scrutiny from stakeholders. In this article, we’ll take a look at the highlights you need to know to get started.
Completed ESOS Phase 3? Why ESOS Action Plans are your next step
Between ESOS Phases 3 and 4, organisations are required to submit ESOS Action Plans and Annual Progress Updates, ensuring a clear trajectory towards energy savings. The disclosure portal for submission is now open, so we’d recommend starting as soon as possible to comply and capitalise on the energy savings you’ve identified.
