CORPORATE SUSTAINABILITY REPORTING DIRECTIVE

At Achieve Environmental, we specialize in guiding organizations through the evolving landscape of sustainability compliance. The Corporate Sustainability Reporting Directive (CSRD) is a transformative regulation replacing the Non-Financial Reporting Directive (NFRD), requiring detailed disclosure of sustainability-related information. With our expertise, we ensure your organization aligns with the European Union’s Green Deal, SFDR, and EU Taxonomy while meeting CSRD requirements seamlessly.
Our Expertise in CSRD Compliance
Achieve Environmental helps businesses navigate the complexity of the CSRD, ensuring full alignment with the European Sustainability Reporting Standards (ESRS) and achieving compliance through a streamlined, tailored approach.
Achieve Environmental Can Help
Who Does the CSRD Apply To?
The CSRD broadens the scope of affected organizations, applying to:
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All large EU companies (meeting two out of three criteria: €40M turnover, €20M total assets, or 250+ employees).
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Listed SMEs.
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Non-EU companies generating substantial revenue in the EU.
Achieve Environmental evaluates your eligibility and helps establish a clear path to compliance.
CSRD Implementation Timeline
CSRD obligations are phased in based on company size and status:
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2024: For companies previously under NFRD.
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2025: For large companies newly subject to the directive.
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2026: For listed SMEs and other qualifying entities.
We provide year-by-year guidance, ensuring your organization is prepared for each reporting milestone.
Double Materiality Assessments
The Double Materiality Principle, central to the CSRD, examines:
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Impact Materiality: Your organization’s effect on environmental and social factors.
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Financial Materiality: How sustainability issues affect your financial performance.
Achieve Environmental offers end-to-end support for Double Materiality Assessments, including:
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Stakeholder and risk analysis.
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ESG impact evaluation.
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Customized strategies addressing material issues.
Sustainable Economic Activity & KPI Disclosure
The CSRD defines Sustainable Economic Activity within the EU Taxonomy, requiring organizations to disclose:
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Revenue, capital expenditures (CapEx), and operational expenditures (OpEx) related to sustainable activities.
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Compliance with ESRS topical standards, such as Environment (E1-E5), Social (S1-S4), and Governance (G1) metrics.
Achieve Environmental helps you develop and disclose KPIs that demonstrate compliance while showcasing your sustainability initiatives.
Third-Party Verification
The CSRD mandates independent assurance of reported sustainability information. Achieve Environmental simplifies the verification process by:
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Preparing your data for external assurance.
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Connecting you with trusted third-party verifiers.
Services
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Comprehensive Assessments: From Double Materiality to KPI development.
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Compliance Strategy Development: Tailored roadmaps aligned with CSRD implementation phases.
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Reporting Assistance: Crafting CSRD-compliant reports aligned with ESRS standards.
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Verification Support: Streamlining data and disclosures for third-party assurance.
At Achieve Environmental, we are dedicated to helping our clients achieve their environmental goals while driving business growth and improving operational efficiency. Let us help you transform environmental challenges into opportunities for growth and innovation.