Reporting of sustainability matters in line with the European Sustainability Reporting Standards (ESRS) is a core component of compliance with the EU’s Corporate Sustainability Reporting Directive (CSRD).
The ESRS requires both general cross-cutting disclosures as well as topical disclosures identified through a double materiality assessment (DMA), with over 1100 disclosure points that are potentially mandatory.
G&A recommends that companies conduct a CSRD-compliant double materiality assessment before an ESRS Gap Analysis to ensure that the gap analysis is tailored to your material topics and specific requirements for disclosure.
Based on a company’s double materiality assessment, G&A provides:
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A comprehensive inventory of disclosure requirements, data points, and indicators
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Mapping of ESRS disclosure points to existing voluntary reporting frameworks such as GRI, TCFD, ISSB, and CDP
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Detailed analysis of a company’s publicly available disclosure (reports, policies, etc.) to identify where existing disclosure is useful in meeting ESRS disclosure requirements, and specify gaps to fill for CSRD compliance
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Examples of relevant disclosures from peers to provide context and information for filling gaps in required disclosure
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Tailored advice on timing for disclosures, per the ESRS guidance on phased-in disclosure
For further information please check out:
- G&A Service: Double Materiality Assessment (G&A highly recommends conducting a DMA before the ESRS Gap Analysis to ensure a fully informed roadmap to compliance with CSRD)
- G&A Resource Paper: CSRD Requirements for Non-EU Companies
- G&A Quick Reference: European Sustainability Reporting Standards
- G&A Pathfinder Webinar: