This directive requires companies to embrace detailed non-financial reporting. For many, it’s a daunting task. It means reevaluating current practices, collecting vast amounts of data, and embedding sustainability into their strategies.
But here’s the good news: with the right approach, CSRD can become a powerful advantage. With the expertise of Mirjam van der Velde, our Strategic Consultant Environment & Sustainability, we created this blog to explore the CSRD reporting requirements, common challenges, and practical strategies to help businesses comply and thrive.
Ready to turn compliance into opportunity? Let’s dive in.
The CSRD reporting requirements are designed to provide stakeholders with greater insight into a company’s sustainability efforts. CSRD replaced the Non-Financial Reporting Directive (NFRD), requiring detailed disclosures on environmental, social, and governance (ESG) metrics across an organisation’s operations and value chain.
With our substantive knowledge and experience in corporate and non-financial reporting, we can get you ready. Our simple, structured 7-step approach and together with our strategic ESG management services ensure qualitative and fully compliant non-financial reporting for your organisation.
CSRD compliance is not about just meeting regulatory requirements. It’s about leveraging sustainability as a competitive advantage. Here’s how businesses can benefit:
Sustainability matters to employees, especially younger generations. Companies with clear, transparent ESG strategies often stand out as employers of choice. Reporting under CSRD helps position your company as a responsible and forward-thinking organisation that aligns with employees’ values.
Consumers, business partners and stakeholders in your value chain increasingly scrutinise the sustainability credentials of companies. Transparent reporting under CSRD builds trust, distinguishes your brand, and appeals to ESG-conscious customers. By aligning your ESG strategy with CSRD, you gain insights that can set you apart from competitors.
Investors and financial institutions are raising the bar on sustainability. Demonstrating that your company's future proof is with a strong ESG strategy, managing the ESG risks and acting on opportunities enhances your attractiveness to ESG-focused investors, making it easier to secure financing at favourable terms.
A thorough understanding of your value chain—an essential part of CSRD—can reveal inefficiencies and drive cost savings. For example, companies that streamline supply chains or optimise resource use can reduce material costs and minimise risks.
Transparency fosters trust. By openly communicating your sustainability efforts and outcomes, you can build stronger relationships with stakeholders, from investors and customers to regulators and local communities.
Contributing to a sustainable world is not just ethical—it’s strategic. By embedding sustainability into your operations and decision-making, you position your company for long-term success in an increasingly ESG-focused economy.
Implementing CSRD can feel overwhelming, but every challenge presents an opportunity for growth. Here’s how we tackle the key hurdles:
Collecting data across the value chain is often cited as the most significant challenge. Many businesses lack insight into their value chains and the systems and processes needed to gather, verify, and store the required data efficiently.
CSRD requires specialised knowledge, from double materiality assessments to value chain reporting. Many companies lack the internal resources to meet these demands effectively.
We specialise in turning sustainability challenges into opportunities for growth. Our approach combines strategic insight with practical implementation to ensure your sustainability goals are theoretical, actionable, and impactful.
Unlike others, we don’t stop at high-level advice. We work alongside you to implement solutions that create real, measurable impact.
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