Sustainability Reporting and Communication

Stakeholders now expect companies to take concrete and credible actions to improve sustainability. Sustainability reporting is a key tool for supporting responsible management and enabling transparent communication.

We provide support for sustainability reporting and guidance on sustainability communications, whether you’re just starting your journey or already underway.
Whether your goal is to conduct a materiality assessment, prepare voluntary VSME reporting, or comply with CSRD Directive requirements, we offer tailored support to meet your specific needs!

Our services

A materiality assessment (or materiality analysis), meaning identifying significant sustainability impacts, opportunities, and risks, is the foundation of effective sustainability work and reporting. The results of a materiality analysis help a company define its sustainability priorities and set relevant goals and indicators.

We conduct CSRD-compliant double materiality assessments for your organisation, including assessment updates, with solid expertise and experience, ensuring compliance with current requirements. Our methods are transparent and thorough, making the assurance process as smooth and effortless as possible for our clients.

A voluntarily prepared sustainability report helps communicate your company’s sustainability efforts to stakeholders and build trust. It can also serve as a strategic tool for developing sustainability practices and preparing for future reporting obligations.

We support companies in creating high-quality voluntary sustainability reports in accordance with the VSME standard. When needed, we also incorporate other frameworks, such as the ESRS standards, ensuring that voluntary reporting meets the company’s specific needs and is reliable.

Our voluntary reporting services include, for example:

  • Current state and gap analyses
  • Reporting plans
  • Materiality analyses
  • Mapping of reportable data and meeting disclosure requirements

If you wish to produce a verified voluntary report, we ensure that the content is assurance-ready, so that the report also meets formal quality requirements.

We deliver sustainability reporting training and support clinics tailored to your organisation’s specific needs, helping develop understanding and skills in sustainability reporting.

Our sustainability reporting training help participants understand reporting requirements, streamline processes, and produce impactful, compliant sustainability reports – regardless of the stage of your reporting journey.

In our sustainability reporting support clinics, we dive into applicable standards (e.g., ESRS and VSME) and provide hands-on guidance on interpreting the standards, as well as how your company’s size and any materiality assessment influence what should be reported.

We conduct gap analyses to assess how well your organisation is able to meet CSRD reporting requirements, based on the results of your materiality assessment. The analysis provides a clear picture of what data is already available and what additional information is needed to support reporting.

In selecting reportable data, we help identify which CSRD disclosure requirements and data points are mandatory, and where there is room for discretion. If needed, we can also provide well-founded recommendations on the final set of reportable data, ensuring that your reporting is both compliant with regulations and aligned with your business priorities.

Sustainability communication means transparently, consistently, and effectively conveying your company’s or organisation’s sustainability efforts to different stakeholders. Well-executed sustainability communication builds trust, strengthens your brand, and helps you stand out in the market.

We design and implement communication solutions that meet both your needs and regulatory requirements, such as the CSRD and Green Claims Directive. Whether it’s sustainability reporting, website content, stakeholder communication, or other sustainability messaging, we ensure your communication is impactful and genuinely responsible.

Ask us about workshops on building a responsible brand and communicating societal value!

Stakeholder dialogue is a central part of all sustainability work, as it provides insights into an organisation’s impacts on people and the environment, and helps understand stakeholder expectations. For sustainability reporting, engaging key stakeholders is particularly important, as their perspectives help identify the organisation’s material impacts, risks, and opportunities, and ensure that reporting meets stakeholders’ information needs.

We conduct stakeholder dialogues tailored to your organisation’s needs, using surveys and/or interviews. Our goal is to deliver deep insights into the views of your key stakeholders, supporting both sustainability reporting and business development – focusing on what truly matters.

Frequently Asked Questions about Materiality Assessment and Sustainability Reporting

A double materiality assessment (also called a materiality analysis) evaluates an organisation’s ESG and sustainability impacts, risks, and opportunities together with key stakeholders. In addition, the assessment examines how these aspects relate to the organisation’s strategy and business model.

Under the new Corporate Sustainability Reporting Directive (CSRD), companies within its scope must assess the material ESG factors and report on them according to the European Sustainability Reporting Standards (ESRS). This makes the materiality assessment a crucial first step when starting sustainability reporting.

A materiality assessment should be carried out when:

  • Regulations (e.g., CSRD) or stakeholders require it
  • Sustainability work is being initiated, and an evaluation of the current state and stakeholder views is needed
  • New products or services are being launched
  • Business is expanding into new markets
  • Supplier networks are expanding into new countries or product lines

The results of a materiality analysis help identify the company’s sustainability priorities, allowing it to set goals aligned with its strategy.

Would you like to learn more about materiality assessments? Book a free consultation or get in touch!

The basis of a materiality assessment is understanding a company’s impacts – both positive and negative – on people, the environment, and society. To evaluate these impacts, it is essential to examine the company’s entire value chain, as well as its business model and strategy.

Once this is mapped, the economic impacts of sustainability factors are assessed – for example, on the company’s cash flow and financial performance.

After identifying the material factors, it is important to engage with stakeholders. At this stage, you need to know who your key stakeholders are and have their contact information ready. If needed, we can perform a stakeholder analysis for you.

Next, we customise a stakeholder survey to your organisation’s needs and conduct it online. If necessary, the survey can be supplemented with interviews. The result is an easy-to-read report with recommendations for your sustainability priorities.

You can also continue working with us to integrate sustainability into your business strategy – we can set goals that support your strategy and define indicators to track progress.

We carry out assessments in accordance with the Corporate Sustainability Reporting Directive and European Sustainability Reporting Standards, as the concept of double materiality is becoming standard.

Would you like to learn more about materiality assessments? Book a free consultation or get in touch!

A carefully conducted double materiality assessment is an excellent foundation for all sustainability work and a powerful tool for integrating business strategy with sustainability efforts. It helps a company identify its significant impacts on people and the environment, as well as the economic risks and opportunities that sustainability issues – such as working conditions, climate change, and corporate culture – may pose to the business.

At its best, a double materiality assessment examines the company’s entire operations and value chain and engages stakeholders, providing a comprehensive understanding of what matters most to the organisation. Additionally, the work supports risk management and other development initiatives.

Beyond supporting strategic work and sustainability management, a double materiality assessment also provides a strong foundation for voluntary sustainability reporting. It helps identify the most material topics to report on and clarifies stakeholders’ expectations regarding reporting.

Would you like to learn more about using a double materiality assessment as a basis for voluntary reporting or sustainability management? Book a free consultation or get in touch!

A double materiality assessment provides a solid foundation for corporate sustainability work, regardless of reporting obligations. After the assessment, there are several possible paths depending on your company’s situation:

  1. For CSRD reporting:
    If the assessment has been conducted as part of CSRD-compliant reporting, the next step is to review both mandatory disclosure requirements and those selected based on materiality, including specific data points. As part of mapping and selecting these requirements, a gap analysis is often needed to determine what data is already available for reporting and what still needs to be collected.

  2. For voluntary reporting:
    If your goal is to prepare a voluntary report based on the assessment, the next step is to map the reportable data. We recommend using the VSME standard, optionally complemented with ESRS standards. In both cases, the first step is to identify the reportable topics based on materiality and determine the data needed for each.

  3. For sustainability programme development:
    Even if sustainability reporting is not yet planned, the assessment can serve as the basis for developing your corporate sustainability programme. The material topics identified provide a strong framework for setting priorities and objectives.

Would you like to learn more about any of the paths outlined above, or do you need support with a gap analysis or selecting reportable data? Book a free consultation or get in touch!

Let’s explore together the steps you can take to develop your sustainability reporting and communication!