Sustainability reporting
Expertise
At PKF, sustainability is more than just a buzzword. Translating the word into action is vital for the future of our economy. The aim behind the Green Deal is to achieve climate neutrality in the EU by 2050.
On the path to sustainability – with PKF
Measures to achieve this goal include new regulatory requirements such as the EU Taxonomy and the Corporate Sustainability Reporting Directive (CSRD), each of which sheds light on the question of “What is sustainable?”.
One of the aims behind these initiatives is to prevent greenwashing by subjecting company figures related to environmental, social and corporate sustainability to an audit for verification purposes.
The world’s largest asset management firm BlackRock estimates that a lack of adequate sustainability reporting would result in rising capital expenditure. In the future, capital flows need to be redirected towards sustainable investments.
We're here to help
ESG consulting
- Initial consultation regarding the need for ESG reporting
- Company and stakeholder analysis
- Materiality analysis as a basic building block for ESG reporting
- Support with the introduction of ESG reporting
- Is the necessary data available in the system?
- Is your own IT system “ESG-ready”?
- Definition of sustainability criteria and KPIs
- Advice in terms of the EU Taxonomy Regulation
ESG audits
- Correct application of regulatory requirements (EU taxonomy, CSRD, etc.)
- Fulfillment of the reporting obligation of the future sustainability statement in the management report
- Quality assurance by our IDW Sustainability Auditor and experienced auditors
In the future, the following company types need to start reporting on sustainability:
- Companies on the basis of defined size criteria (once 2 of the 3 thresholds are met: €50 million in annual turnover; €25 million net worth; 250 employees)
- Suppliers to companies or corporations that already need to report on ESG
- Companies financed by external financing, on the bond market or through investment firms, for example
- Due diligence requirements
- Municipal enterprises (stock corporations)
Your competent ESG team.
Receive tailored advice from experts in the PKF Wulf group
In order to ensure that our clients receive timely and competent advice, the PKF WULF GROUP ESG team includes around 10 employees, each with their own unique qualifications, to meet your individual needs. We also benefit from the knowledge of the experts in the PKF network.
Our experts have obtained specialist ESG qualifications and titles such as Sustainability Auditor (IDW)
