CSRD

The Corporate Social Responsibility Directive (CSRD) has been in force since the beginning of 2023. Do you already have good solutions for this exciting Herculean task?

Use our guide for practical challenges 

We provide you with a step-by-step guide to mastering the practical challenges of materiality analysis and sustainability reporting beyond internal data collection.
Our guide will help you,
  • Get­ting an over­view of the cha­os of CSRD requi­re­ments and standards

  • Fin­ding the cri­ti­cal path for the ful­fill­ment of the CSRD

  • Save time and resources

  • Cla­ri­ty about your own posi­tio­ning in the Zsh. to gain, prio­ri­ti­ze and assess with the IROs (Impacts, Risks, Opportunities)

  • Taming the bureau­cra­cy mons­ter and making it usable

  • Using IROs for stra­te­gic cor­po­ra­te management

Valuable decis­i­on-making aids for the mate­ria­li­ty ana­ly­sis and an MVR (Mini­mum Via­ble Report) as a tem­p­la­te are included in our guidelines.

The gui­de will be published in August 2024.

  • Regis­ter now for our gui­de and find out imme­dia­te­ly about the publication

  • Regis­ter for our blog and recei­ve decis­i­on-rele­vant infor­ma­ti­on in con­nec­tion with the CSRD

What is the CSRD?

The Cor­po­ra­te Sus­taina­bi­li­ty Report­ing Direc­ti­ve (CSRD) was adopted by the Euro­pean Uni­on on Janu­ary 5, 2023 and will be adopted by Janu­ary 5, 2023 at the latest. July 6, 2024 into Ger­man law. The CSRD Direc­ti­ve obli­ges com­pa­nies to report com­pre­hen­si­ve­ly and trans­par­ent­ly on their sus­taina­bi­li­ty. The sus­taina­bi­li­ty report, which must be pre­pared in accordance with exten­si­ve cri­te­ria, must be inte­gra­ted into the manage­ment report of the annu­al or con­so­li­da­ted finan­cial state­ments. The sus­taina­bi­li­ty report must be audi­ted by an auditor.

When will my company be affected?

From now on, all com­pa­nies in the EU are direct­ly or indi­rect­ly affec­ted by the CSRD, regard­less of their size. This is due to the fact that com­pa­nies with a direct report­ing obli­ga­ti­on must exami­ne their enti­re value chain for sus­taina­bi­li­ty. This means that smal­ler com­pa­nies are also auto­ma­ti­cal­ly requi­red to pro­vi­de infor­ma­ti­on on their sus­taina­bi­li­ty. The direct report­ing obli­ga­ti­on will be intro­du­ced gra­du­al­ly. For exam­p­le, com­pa­nies that are clas­si­fied as lar­ge in accordance with HGB Sec­tion 267 are requi­red to report from the 2025 finan­cial year.

Why should I deal with the CSRD now?

The requi­re­ments for sus­taina­bi­li­ty report­ing include num­e­rous stra­te­gic decis­i­ons and manage­ment tasks that need to be recor­ded, bud­get­ed and plan­ned for in good time. Start now!

About us

We are …

successful consultants and doers since 2002. Together with our team of permanent and freelance employees, we focus on pragmatic and solution-oriented approaches that keep the big picture firmly in view.
We attach great importance to working together as equals in a spirit of trust.
Danielle S. Budde, CFA

Mana­ging Partner

Danielle Budde

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BBR — Asso­cia­tes GmbH

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D — 65189 Wiesbaden