Corporate Sustainability Reporting Directive
Demonstrate your continuous impact! Are you prepared to comply with CSRD? A tailored service that ensures business compliance with the Corporate Sustainability Reporting Directive.
Depending on your specific situation, we'll assist you in taking your impact to the next level by providing step-by-step guidance on how you, as a business, must comply with this new legislation by disclosing more detailed information about your impact on people and the environment.
In short
Allow us to help you through the transforming path of complying with the Corporate Sustainability Reporting Directive (CSRD), demonstrating your commitment to purpose-driven company, and contributing to a more responsible future. Through our comprehensive approach, we will walk you through the general standards and disclosures required to comply with CSRD, as well as how to implement this in your business.
In short
Allow us to help you through the transforming path of complying with the Corporate Sustainability Reporting Directive (CSRD), demonstrating your commitment to purpose-driven company, and contributing to a more responsible future. Through our comprehensive approach, we will walk you through the general standards and disclosures required to comply with CSRD, as well as how to implement this in your business.
What is Double Materiality Assessment?
A double materiality assessment for the CSRD refers to evaluating both the financial and environmental/social impacts of an organization’s activities. It involves assessing:
Financial Materiality: How environmental, social, and governance (ESG) issues impact the financial performance of the organization. This includes understanding how factors like climate change, resource scarcity, or social issues might affect the company’s financial health, risks, and opportunities.
Impact Materiality: How the organization’s activities impact the environment and society. This involves evaluating the company’s environmental footprint, social impact, and governance practices, and understanding how these affect stakeholders, including employees, customers, communities, and the environment.
The CSRD requires companies to report on both aspects to provide a comprehensive view of their sustainability performance and risks. This dual perspective ensures that companies are transparent about how ESG factors affect their financial status and how their operations affect the wider world.
Financial Materiality: How environmental, social, and governance (ESG) issues impact the financial performance of the organization. This includes understanding how factors like climate change, resource scarcity, or social issues might affect the company’s financial health, risks, and opportunities.
Impact Materiality: How the organization’s activities impact the environment and society. This involves evaluating the company’s environmental footprint, social impact, and governance practices, and understanding how these affect stakeholders, including employees, customers, communities, and the environment.
The CSRD requires companies to report on both aspects to provide a comprehensive view of their sustainability performance and risks. This dual perspective ensures that companies are transparent about how ESG factors affect their financial status and how their operations affect the wider world.
What is CSRD?
The CSRD is a regulatory framework established by the European Union to enhance and standardize corporate sustainability reporting practices. It aims to create a more transparent and consistent landscape by requiring companies to disclose information on their environmental, social, and governance (ESG) performance.
This is for YOU if
- You are a listed company
- You are a large company with 2 out of the 3 criterias;
-Balance sheet total EUR 25 million
->250 employees
- You're struggling to monitor and report on your fashion brand's sustainability performance
- You’re struggling to comply with upcoming EU laws and regulations
- You’re looking to build consumer trust through reporting & transparent communication
With CSRD, you’ll get
Compliance with regulatory standards for corporate sustainability reporting.
Enhanced transparency in corporate sustainability reporting.
Effective engagement with your key stakeholders in a pragmatic and strategic manner, ensuring their opinions are integrated into your ongoing business strategy.
Making maximum positive impact: Identifying and implementing sustainable practices throughout the supply chain to maximise positive environmental and social impact.
Detailed disclosures on environmental, social, and governance (ESG) performance.
A framework fostering responsible and accountable business practices.
Empowered stakeholders with comprehensive insights.
How do you ensure our company meets CSRD requirements?
With CSRD, you can achieve effective engagement with your key stakeholders in a pragmatic manner, ensuring their opinions are integrated into your ongoing business strategy. We follow a clear methodology of Plan, Do, Check, and Act:
Plan: Identify material topics through desk research, supply chain analysis, value creation, and IRK’s based on CSRD criteria (ESG topics).
Do: Conduct stakeholder surveys and interviews to assess the impact and financial implications of each topic for the short, medium, and long term.
Check: Process survey data and create prioritization matrices for each stakeholder group.
Act: Consolidate the results into a comprehensive DMA report.
Plan: Identify material topics through desk research, supply chain analysis, value creation, and IRK’s based on CSRD criteria (ESG topics).
Do: Conduct stakeholder surveys and interviews to assess the impact and financial implications of each topic for the short, medium, and long term.
Check: Process survey data and create prioritization matrices for each stakeholder group.
Act: Consolidate the results into a comprehensive DMA report.
Act
CHECK
Plan
DO
Next, we follow a clear roadmap:
Additionally, we conduct a thorough assessment of your current reporting practices, identify gaps, and develop a tailored plan to address them. We provide ongoing monitoring and updates on regulatory changes to ensure continuous compliance.
Implementation phase
4
Reporting phase
Strategy phase
2
1
Awareness phase
3
- Value chain and stakeholder analysis
- CSRD long list
- Materiality analysis
- Stakeholder engagement
- DMA GAP analysis
- Strategy and ambition
- Implementation plan
- Impact, risk and opportunity management
- Awareness and communication
- Getting started with implementation and actions
- Data collection
- Writing texts
Get your FREE roadmap to comply with CSRD
Our 8 step guide simplifies the process, breaking down complex regulations into manageable steps. You'll learn how to integrate CSRD compliance into your business strategy with actionable advice and strategic planning.
Don't miss out on this limited-time offer. Act now and secure your copy today!
Don't miss out on this limited-time offer. Act now and secure your copy today!
Rachel Cannegieter
Rachel Cannegieter has more than 20 years of professional experience in the fashion industry and has worked with more than 50+ brands from at least 10 countries to establish sustainable strategies with a business-first approach. Knowing the CSRD regulation inside and out, she understands the upcoming challenges.
Davina has 20 years of experience in the fashion and textile industry, working as a CSR expert to support companies and startups in transitioning to a future-proof economy. With ample experience in both business and non-profit sectors, her primary focus is creating a circular, inclusive, climate-neutral economy with fair and transparent supply chains.
Chanel, a dynamic ESG rebel, brings over a decade of fashion industry experience as a Corporate Responsibility manager and Product Developer. She offers companies tools to implement due diligence systems, sustainable materials, social compliance, and environmental management. Chanel guides organizations to become future-proof and responsible enterprises, emphasizing adherence to laws and regulations.
About the experts
Sustainability Expert & Head Rebel
Davina Feeleus
CSR & B Corp Rebel
Chanel Hoogduin
CSR & ESG Rebel
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Start your journey towards becoming a CSRD compliant business.
>> Disclose detailed information on environmental, social, and governance (ESG) performance.
>> Comply with regulatory standards for corporate sustainability reporting.
>> Comply with regulatory standards for corporate sustainability reporting.
show your continuous impact
Total price: Upon request:
No need to fill out inefficient questionnaires: book a 15-min call with one of our rebels.
FAQ
The CSRD applies to all large companies and all companies listed on EU-regulated markets, including listed SMEs (small and medium-sized enterprises), but excluding micro-enterprises.
The timeline varies depending on the size and complexity of your organization. Initial assessments and planning can take a few weeks, while full implementation may take several months to a year.
Companies need to collect data on environmental, social, and governance (ESG) factors. This includes information on carbon emissions, energy usage, diversity and inclusion, employee well-being, anti-corruption measures, and more. Also,input from various stakeholders should be collected in the Double Materiality Assessment.
Compliance with the CSRD enhances transparency and accountability, improves investor confidence, and can lead to better risk management and operational efficiency. It also helps build a positive corporate reputation and aligns with stakeholder expectations.
CSRD reporting is essential to comply with CSRD regulation. It provides stakeholders, including investors, customers, employees, and regulators, with detailed insights into your company's sustainability practices and performance, fostering trust and engagement.
Absolutely. We assist companies in developing and implementing broader sustainability strategies that align with their business goals and stakeholder expectations, going beyond mere compliance.
Even if your business is not required to comply with CSRD, we can still assist you in supporting your clients who need to meet CSRD requirements. We offer services to help you align with their compliance needs, ensuring smooth and effective collaboration.
FAQ
The CSRD applies to all large companies and all companies listed on EU-regulated markets, including listed SMEs (small and medium-sized enterprises), but excluding micro-enterprises.
The timeline varies depending on the size and complexity of your organization. Initial assessments and planning can take a few weeks, while full implementation may take several months to a year.
Companies need to collect data on environmental, social, and governance (ESG) factors. This includes information on carbon emissions, energy usage, diversity and inclusion, employee well-being, anti-corruption measures, and more. Also,input from various stakeholders should be collected in the Double Materiality Assessment.
Compliance with the CSRD enhances transparency and accountability, improves investor confidence, and can lead to better risk management and operational efficiency. It also helps build a positive corporate reputation and aligns with stakeholder expectations.
CSRD reporting is essential to comply with CSRD regulation. It provides stakeholders, including investors, customers, employees, and regulators, with detailed insights into your company's sustainability practices and performance, fostering trust and engagement.
Absolutely. We assist companies in developing and implementing broader sustainability strategies that align with their business goals and stakeholder expectations, going beyond mere compliance.
Even if your business is not required to comply with CSRD, we can still assist you in supporting your clients who need to meet CSRD requirements. We offer services to help you align with their compliance needs, ensuring smooth and effective collaboration.
Know your impact position
