Sustainability has become a key global issue in recent years, in terms of environmental (E), social (S) and corporate governance (G) issues. The beginning of ESG reporting in the European Union dates back to 2014, when the Non-Financial Reporting Directive (NFRD) was adopted. Since the introduction of the NFRD, sustainability reporting requirements have evolved gradually. Initially, the obligation only applied to a few of Europe's largest listed companies, but over time the requirements for transparency on environmental, social and governance issues have grown. This culminated in 2024 with the arrival of the Corporate Sustainability Reporting Directive (CSRD), which extended sustainability reporting obligations to a much wider range of companies that are required to publish a sustainability report.
The sustainability report is part of the annual report and is key not only to meet legislative requirements but also to ensure transparency and maintain a good reputation in the marketplace.
just like annual reports, sustainability reports must be externally verified in accordance with the Czech Accounting Act No. 563/1991 Coll. and the CSRD. We will provide you with a reliable and professional cooperation in verification according to the relevant standards.
Assistance with the development of a tailored ESG strategy.
Assistance with the preparation of the sustainability report.
Mapping of the economic activities of the accounting unit according to NACE codes as defined in the statistical classification of economic activities established by Regulation (EC) No 1893/2006, identification of eligible activities and activities in accordance with the EU taxonomy.
Mapping of entities and material flows in the supply and customer chain including assessment of CSRD compliance measures.
Conducting ESG impact, risk and opportunity analysis across the accounting unit’s own activities, value chain and indirect business relations.
Evaluation of ESG double-materiality topics according to the ESRS (European Sustainability Reporting Standards) and assessment of the correctness of the analysis already performed (the ESRS is based on the established financial materiality and extends it to ‘impact’ materiality).
Carrying out a full analysis of ESG gaps and opportunities within the obligations imposed by the EU legal framework on sustainability.