The Corporate Sustainability Reporting Directive (CSRD), together with the European Sustainability Reporting Standards (ESRS), requires non-financial ESG reporting along the entire value chain in the HGB management report and thus creates a new routine in the day-to-day (sustainability) business of many - in the sense of the Accounting Directive - large non-capital-market-oriented companies from the 2026 financial year (reporting is required for financial years beginning on or after January 1, 2025).
As part of the double materiality analysis, the impact of the entire value chain on people and the environment (inside-out) and the financial opportunities and risks (outside-in) for your company are determined. This gives you the opportunity to make decisions on the basis of better information and at the same time comply with legal requirements.
Retailers, banks and other stakeholders demand CSR measures and objectives. In order to define these as effectively and efficiently as possible, a strategic approach must be implemented. Each company must analyze for itself which topics are material and therefore subject to reporting.
Our sustainability team supports you in the following areas...
Recording the status quo
In a kick-off meeting, we check together with you how your company is already set up and which key figures/data are already being collected.
Workshops
We identify the key sustainability issues for your company & your stakeholders in terms of the potential impact of your activities on people & the environment and in terms of the financial opportunities/risks for your company arising from sustainability aspects.
Value chain and stakeholders
An essential part of the reporting obligation is the development of the entire upstream and downstream value chain (Scope 1, 2, 3) and all relevant stakeholders.
Assessment
We work closely with you to carry out an appropriate assessment of the sustainability issues.
Transparent documentation
We support you with transparent documentation of the materiality analysis process and coordinate this closely with your auditors.
Preparation of a progress report
To evaluate target achievement and derive measures.
Support during implementation
After the materiality analysis, we are happy to support you in creating the database for the key figures and targets to be reported in the HGB management report.
Software solutions
We will be happy to support you in selecting a suitable software solution.
Our sustainability team is happy to be your partner for CSRD consulting and materiality analysis. Please let us know if we can support you in this area and if you have any questions.