WHAT MATTERS AND WHERE IT MATTERS IN YOUR BUSINESS.

REPORTING: WHAT YOU NEED TO KNOW 

This section is built for all business owners who want to comply with sustainability reporting guidelines and respond to the demand for transparency and trust*

*according to ISO 26000 Corporate Responsibility,  GRI Sustainability Reporting Guidelines and the new Corporate Social Responsibility Directive (CSRD) 

WHY REPORTING?

  • Reporting signals a responsible organization, open and honest with its stakeholders

  • The report allows all stakeholders to get a much wider picture of your organization than from the traditional financial report.

  • Enhances transparency on what you are doing to advance the sustainable development framework

  • Compliance with the new CSR Directive (CSRD) and Non Financial Reporting Standards 

QUICK FACTS AND NUMBERS

  • 80% of Fortune Global 500 companies use Global Reporting Initiative (GRI) standards 

  • 67% of investors care more about advancing social and environmental causes

  • 73% of millennials are willing to pay more for trustful ethically-sourced products

 

 

THE SECRET OF A SUCCESSFUL REPORT IS GOING BEYOND JUST  COMPLIANCE 
  • Reporting scope ->  focused on your value chain

  • Performance indicators ->   transparency on entire capital 

  • Dominant driver ->  strategic, holistic, future oriented model

  • Trend ->  quality over quantity plus humanizing data​​

  • Reporting data ->  concise and material 

 

  • Report ->  digital, easy to share 

 NEW: THE DOUBLE MATERIALITY 
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Double materiality recognizes that companies and financial institutions must manage and take responsibility for the actual and potential adverse impacts of their decisions on people, society and the environment.

SUSTAINABILITY REPORTING ROADMAP
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STEP 1: Develop a Reporting Plan
STEP 2: Engage stakeholders 
STEP 3: Select the material issues
STEP 4: Develop the narrative 
STEP 5: Develop the data 
STEP 6: Provide assurance 

MERITS OF HAVING A GREAT SUSTAINABILITY REPORT

Demonstrating a visible and authentic commitment to sustainability is extremely important to CEOs because it is part of an urgent need to regain and build trust from key stakeholders, such as consumers, companies, governments, trust that was completely shaken in the recent past.

South Africa 

Europe 

New Zealand

Upcoming CSR Directive

 What does it mean?

  • stronger transparency requirements

  • big  companies (over 150 Mio EUR) in EU and outside EU must comply​

  • almost 50.000 companies mandatory to report (11.000 already started), stock listed or not



What is the implementation timeline?

  • End 2024 for all companies already reporting on the "old" standards 

  • End 2025 for companies exceeding at least two of the following criteria: more than 250 employees; a turnover of more than €40 million; or, total assets of €20 million

  • End 2026 for all stock listed companies

Get ready for your ESG Reporting: 
Book Your Report Call Now! 

In this 60 minutes Report Call we will cover:

 

  1. Your readiness for reporting according to GRI requirements

   2. Your sustainability reporting roadmap 

   3. Timeframe quick estimation to complete the report