Sustainability reports

The EU has introduced several sustainability requirements for major listed companies, including reporting under the EU taxonomy and the forthcoming CSRD framework. These measures aim to increase transparency and combat greenwashing. The new guidelines will require companies to disclose more comprehensive and detailed information on their sustainability performance and the risks associated with it. 

These frameworks and standards have been developed to provide companies with a structured and standardized approach to reporting their sustainability efforts and performance. They cover different areas such as environment, social responsibility and corporate governance. By following these frameworks, companies can communicate their sustainability performance in a more consistent, credible and comparable way. 

Unlike traditional financial reporting under IFRS, sustainability reporting often involves the management of other variables and requires processes to be built into the organization to ensure the collection of qualitative data. The best sustainability reports are created through good practices and careful control of the company's sustainability data. It is important to identify at an early stage which key figures need to be reported and to implement a system support that facilitates the monitoring of the data. The quality of the data is crucial to the reliability of the report. Without high-quality data, it will be difficult to develop a clear strategy and understand the company's sustainability goals and focus areas, which is essential to effectively present your initiatives. 

Our process starts with a thorough feasibility study and analysis, which gives us a good understanding of the client's sustainability strategy and objectives. We then develop a structure and action list for the reporting, taking into account regulatory requirements. We also take responsibility for text production and structure, ensuring we deliver an appealing design and layout. Finally, we handle the proofreading and help you distribute the report in your key channels.

A fundamental factor for the sustainability report to reach its full potential is the selection of essential areas based on a double materiality perspective, which contributes to increased transparency and understanding. This is also in line with the new regulatory requirements of the CSRD. Your material topics are relevant to investors because they directly or indirectly affect your business. This integrates the sustainability report with the annual report and the company's vision, business model and strategy, strengthening confidence in the company's commitments. Reporting on concrete actions taken, presenting measurable KPIs and informing about initiatives will strengthen both the transparency and credibility of your sustainability communication.