The first set of companies impacted by CSRD will have to apply the new rules from as early as 2025, for financial years beginning on or after 1 January 2024.
The pressure for companies to ensure how the CSRD Directive will apply to them is strongly increasing, and they need to assure they comply with the relevant timelines, scope and reporting requirements before their first CSRD submission.
To understand your current CSRD readiness, Intertek experts, with a track-record on sustainability solutions, can help you along the journey to take your company on, supporting you each step of the way towards CSRD readliness:
- Gap Analysis – to ensure you have a clear view of your organization’s current readiness against the 73 mandated KPI’s of ESRS. We will work with you to define clear action plans to address any gaps to prepare you for your first submission.
- Training & Awareness – Training sessions delivered by our experts with respect to sustainability reporting issues according to ESG reporting parameters. Training sessions are planned and customized for different levels of the company from Management/Process Owners to Middle Management
- Materiality Analysis – a critical part of CSRD is focused on conducting a credible double materiality impact assessment. In order to make materiality analysis concrete and effective, it is necessary that the tools prepared for the survey are consistent with the principles and strategies of the organization. Our experts will work with your team to identify the contents of the survey and the internal/external stakeholders to whom the survey is to be administered. Intertek can also support you along the process of completing the Materiality Analysis by collecting and consolidating the returned information from the survey, qualitative analysis, and creation of the Matrix.
- ESG Performance Reporting – The communication component of the Sustainability Report is crucial for the purpose of making information available to Stakeholders; internal and external. Intertek’s experts can help review the structure of the reporting deliverables and how to customize their response.
