Sustainability Reporting

Embracing sustainability reporting can significantly boost your company’s reputation, showing customers and partners that you’re committed to making a positive environmental and social impact.

Greenium Sustainability Reporting Services

Greenium provides comprehensive assistance to organizations looking to enhance their sustainability reporting and meet evolving standards. Our services cover:

  1. Materiality Analysis:
    • Identifying and assessing key topics relevant to your organization and stakeholders.
  2. Data Collection:
    • Gathering accurate and relevant data on environmental, social, and governance (ESG) aspects.
  3. Environmental Indicators Calculations:
    • Conducting precise calculations for key environmental indicators, ensuring accuracy and reliability.
  4. Report Design:
    • Crafting visually compelling sustainability reports that effectively communicate your commitment to sustainable practices.
  5. CSRD Compliance:
    • Guiding you through the upcoming Corporate Sustainability Reporting Directive (CSRD) requirements, expanding the scope of reporting and introducing mandatory digital reporting.
  6. EU Taxonomy Alignment:
    • Assisting in aligning your reporting with the EU Taxonomy, a vital framework for disclosing the environmental sustainability of economic activities.

Contact us to elevate your organization's sustainability impact and transparently communicate your commitment to environmental and social responsibility.

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What is CSR?

Corporate Sustainability Report (CSR) and Non-Financial Report all refer to a periodic (usually annual) report published by organizations with the goal of communicating their corporate social responsibility actions and results. These reports can be either voluntary or mandatory.

The Corporate Sustainability Reporting Directive (CSRD) is set to further enhance sustainability reporting requirements by expanding the scope of companies required to report and introduce mandatory digital reporting. Additionally, the EU Taxonomy, a classification system for environmentally sustainable economic activities, is becoming a key framework to help companies disclose the environmental sustainability of their activities.

Why do CSR?

Certain large companies, as mandated by EU law, are required to disclose information on how they operate and manage social and environmental challenges. The Non-Financial Reporting Directive (Directive 2014/95/EU) lays down the rules for disclosure of non-financial and diversity information by large companies. This directive applies to large public-interest companies with more than 500 employees, covering approximately 11,700 companies and groups across the EU. Companies under this directive must publish information related to environmental matters, social matters and treatment of employees, respect for human rights, anti-corruption and bribery, and diversity on company boards (Learn more).

Benefits of Sustainability Reporting:

  1. Enhanced Corporate Reputation: Sustainability reporting helps build a positive corporate image by showcasing a company’s commitment to environmental and social responsibility. A strong reputation for sustainability can attract customers, investors, and employees who prioritize ethical business practices.
  2. Competitive Advantage: Companies engaging in sustainability reporting often gain a competitive edge in the market. As consumers become more environmentally and socially conscious, products and services from sustainable companies are increasingly preferred.
  3. Cost Savings Through Efficiency: Sustainability reporting often involves assessing resource use and environmental impacts. This analysis can uncover opportunities for cost savings through improved efficiency in energy consumption, waste reduction, and sustainable sourcing.
  4. Access to Capital: Many investors and financial institutions now consider Environmental, Social, and Governance (ESG) factors when making investment decisions. Companies with strong sustainability practices, as demonstrated through reporting, may find it easier to attract investment and secure favorable terms.
  5. Risk Management: Sustainability reporting enables companies to identify and address environmental, social, and governance (ESG) risks. By proactively managing these risks, organizations can enhance resilience and avoid potential financial and reputational damages.