The introduction of the European Sustainability Reporting Standards (ESRS) represents a profound change for many medium-sized companies. It was developed as part of the Corporate Sustainability Reporting Directive (CSRD) and requires companies to report comprehensively and in detail on their sustainability performance.
As part of my further training, I now work with the “Haufe ESRS Kommentar” from the editors Freiberg / Landermann (copyreader @Dr.Ulrike Hoffmann-Dürr) and have participated in the associated online seminars. This intensive examination of the topic has once again made it clear to me how demanding and detailed the requirements of the ESRS standard really are. From the disclosure of environmental impacts to social aspects and corporate governance – the variety of topics is enormous. The depth of the required reporting means that companies must go far beyond a superficial examination of sustainability.
For medium-sized companies in particular, the challenge of the reporting obligation means an additional commitment to capacities that are often not available. Read in my LinkedIn newsletter here what relief working with an experienced ESG coach can mean when introducing the CSRD report.