Sustainability consulting – CSRD and EU taxonomy

Implementing reporting obligations in compliance with the law

The extensive legislation of the European Union presents companies with new challenges with regard to sustainability reports in accordance with the Corporate Sustainability Reporting Directive (CSRD) and the Taxonomy Regulation.

Are you prepared to collect the required information, prepare the report and publish it? You often lack the necessary know-how to implement such requirements internally.

Our team of environmental protection experts will support you in preparing a correct and compliant sustainability report in accordance with the CSRD and EU taxonomy.

The guidelines at a glance

Corporate Sustainability Reporting Directive (CSRD)

The Corporate Sustainability Reporting Directive (CSRD) is an EU directive with the aim of standardizing reporting on sustainability aspects for companies. Companies are obliged to disclose not only financial but also non-financial information, particularly with regard to environmental, social and governance (ESG) aspects.

A central component of the CSRD is the dual materiality analysis: companies must report both on the impact of their business operations on society and the environment (inside-out) and, conversely, on the impact of sustainability aspects on their own company (outside-in).

EU taxonomy

The EU taxonomy is a classification system that defines which economic activities are considered sustainable. It supports companies in structuring their investments and activities in line with the EU sustainability goals.

Environmentally sustainable investments and activities

must contribute substantially to one or more of six environmental objectives (substantial contribution) by meeting described technical assessment criteria
must not significantly harm any other environmental objective (do no significant harm; DNSH)
must fulfill minimum social safeguard requirements.

Is my company affected by CSRD or EU taxonomy?

Companies based in Germany in particular are affected by the reporting obligation for the year 2025:

with more than 250 employees and/or
an annual turnover of € 40 million and/or
assets of € 20 million (insofar as they were not already affected by the reporting obligation under the NFRD as capital market-oriented large companies).

Does this apply to you?

You now need to lay all the foundations for collecting the required information and key figures from 2025. Are the processes and structures in your company designed to enable your specialists and managers to prepare the required report and publish it after submission to the auditor?

With our many years of experience and our comprehensive specialist knowledge of legal regulations in environmental protection, we can provide you with reliable support for a legally compliant approach.

Our sustainability consulting services

Review of reporting obligations according to CSRD and EU taxonomy
Guidance on preparing reports in accordance with the EU taxonomy (including naming economic activities, checking taxonomy eligibility, determining key figures, support with the management report)
Instructions for preparing reports in accordance with CSRD (including guiding and evaluating the double materiality analysis, coordinating the ESRS and supporting the collection of the required key figures, supporting the management report)

Sustainability is no longer a "nice-to-have", but a decisive factor for companies to act in compliance with the law through transparent sustainability reporting, to strengthen trust among stakeholders and to ensure long-term relevance on the market. The transformation towards transparent reporting enables companies to continuously develop and achieve their goals as part of their sustainability strategy.

Services

References

Company

Careers

Media