ESG reporting – your partner on the journey towards a more sustainable future and high competitiveness
ESG reporting is much more than a formality; it is the key to sustainable growth and competitive advantage. At Sweco, we offer expert support for every stage of ESG reporting – from mapping the current state to building a sustainability strategy and ensuring transparent reporting.
Our ESG Reporting Services
We offer comprehensive ESG reporting services to help meet sustainability requirements and improve competitiveness:
- Sustainability certifications and reporting: We help companies achieve internationally recognized sustainability certifications and produce high-quality sustainability reports that enhance transparency and strengthen reputation.
- ESG Impact Assessments: We assess an organization’s environmental, social, and governance impacts, providing a clear picture of operational effects and opportunities for improvement.
- Materiality Analysis in accordance with the CSRD Directive: We carry out a materiality analysis according to the principle of double materiality, identifying the social and environmental impacts of the company’s operations, as well as related financial risks and opportunities.
- CSRD Data Point Analysis based on the results of Materiality Analysis
- CSRD Gap Analysis
- Support for aligning the reporting with the CSRD reporting
- Voluntary sustainability reporting for SMEs in accordance with the VSME Standard
- Services Related to EU taxonomy: We provide assessments in accordance with the EU taxonomy, including eligibility assessments and conformity assessments, as well as guidance for preparing reports and collecting data.
- Sustainability Management and Evaluation: We support companies in integrating responsibility into everyday business operations and decision-making, ensuring that responsibility is part of daily operations.
ESG reporting: legal requirements for large companies, voluntary reporting opportunities for SMEs
ESG reporting: legal requirements for large companies, voluntary reporting opportunities for SMEs
ESG reporting (Environmental, Social, Governance) has become statutory requirement for many companies following the European Union’s Corporate Sustainability Reporting Directive (CSRD). The CSRD sets requirements for companies in sustainability reporting and aims to harmonise and improve sustainability-related information across the EU.
Starting in 2024, large listed companies have been required to report their ESG impacts in relation to the sustainability topics identified through the double materiality assessment mandated by the CSRD. Reporting obligations apply to large companies that meet the following criteria:
- More than 1,000 employees, and
- Annual turnover exceeding €450 million.
Even if a company does not fall within the scope of mandatory CSRD reporting, many SMEs still have a need for systematic sustainability reporting. Such reporting supports stakeholder information needs and helps organisations manage sustainability-related impacts and risks.
The VSME (Voluntary Sustainability Reporting Standard for non-listed SMEs) is a European Commission-recommended framework that enables small and medium-sized enterprises to report on sustainability matters on a voluntary basis.
ESG Reporting: Turning sustainability into a competitive advantage
Sustainability, transparency, and environmental friendliness have become key cornerstones of success in today’s business landscape. Through ESG reporting, you can communicate your commitment to sustainability and demonstrate that your business operates responsibly while reducing negative impacts on the environment and society.
Integrating ESG values into your business strategy can help you reach a wider range of investors and open doors to new sources of capital. ESG reporting is not just about fulfilling a legal obligation; at its best, it is a strategic step towards a more responsible and competitive business model that supports sustainable growth and builds trust.
Real-time ESG Reporting and digital monitoring
ESG reporting is evolving towards real-time monitoring and digital data collection, which brings significant benefits to sustainability management. Real-time data allows an organization to gather information directly from trusted sources, enabling faster, data-driven decision-making.
Real-time monitoring also increases transparency within the organization, as different business units can store data in a centralized system. Unified data management improves data quality, helps create a comprehensive overview of ESG performance, and supports the coordination of sustainability goals across units.
In addition, technological solutions speed up the reporting process. When all data is systematically stored, the audit process becomes easier.
Contact us!
Olli Sahimaa
Leading Expert