Sustainability reporting regulations are becoming more and more demanding, particularly the CSRD, EU Taxonomy and CSDDD. At the same time, stakeholders are expecting to see increasing evidence of the sustainability trajectories that companies are implementing and disclosing. Assessing and monitoring sustainable performance is becoming key.
Time is of the essence. Companies are being asked to limit their environmental and social impacts, and to become more resilient to climate change, biodiversity loss and resource scarcity. Regulation is setting the pace for a new way of assessing performance that takes these challenges into account.
After decades of assessing performance only through the eyes of finance, sustainable performance is now becoming a critical tool to assess a company’s performance in the medium and long term, including environmental and social criteria.
BearingPoint supports our clients in their sustainable reporting journeys. This includes implementation of CSRD (double materiality assessment, gap analysis), EU taxonomy and CSDDD, the definition and implementation of compliance roadmap and reporting organisation, governance and processes. Our work further encompasses the selection of IT tools for sound, traceable and auditable data collection, and also the assessment of CapEx/OpEx needed to implement sustainable action plans.
How BearingPoint supports your sustainable performance and reporting strategy
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Ensure compliance with CSRD, EU taxonomy and other reporting requirements
- Double materiality assessment, gap analysis, assessment of the turnover/CapEx/OpEx eligible to and aligned with EU taxonomy
- Gap analysis between regulatory and voluntary standards (e.g. TCFD, TNFD, GRI, IIRC)
- Definition of the compliance roadmap
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Define the sustainable reporting target operating model
- Define governance and processes within your finance and CSR departments
- Support in the selection and deployment of an ESG IT tool
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Assess and financially support the sustainable trajectory
- Assessment of CapEx and OpEx needed to finance a sustainable actions plan
- Assessment of anticipated financial effects generated from sustainable risks and opportunities
- Monetization of climate and environmental externalities and environmental stress test
- Internal carbon price
Our assets
- In-depth regulatory and voluntary standards expertise
- BearingPoint Sustainability 360 tool for maturity analysis
- Regulatory monitoring and analysis e.g. taxonomy and CSRD
- Proven knowledge of ESG IT tools
