Sustainability ESG

We believe that organizations can be more successful if they address the profit, society, and planet aspects of their business in an integrated and challenging way. 

At Ex Nihilo we want you to succeed at taking the best possible sustainability decisions and grow your business beyond your ambitions. How? We offer a successful and unique approach that is flexible and pragmatic.

Sustainability ESG

We believe that organizations can be more successful if they address the profit, society, and planet aspects of their business in an integrated and challenging way. 

At Ex Nihilo we want you to succeed at taking the best possible sustainability decisions and grow your business beyond your ambitions. How? We offer a successful and unique approach that is flexible and pragmatic.

Challenges or opportunities?

Corporate Sustainability Reporting Directive

The EU wants to be the first continent to be climate neutral by 2050. One of the objectives of the EU is to guide more capital towards sustainability through transparency and clear and comparable information on what is sustainable and what is not. To achieve transparent, clear and comparable information, the EU implemented the mandatory Corporate Sustainability Reporting Directive (CSRD). More transparency should lead to better information so that all parties in the supply chain can make a more sustainable decision based on this information. The need to present relevant, comparable and reliable information, should encourage companies to develop a sustainable strategy and act accordingly. 

European Sustainability Reporting Standards (ESRS)

When companies report under CSRD, they will need to use the European Sustainability Reporting Standards (ESRS) developed by the European Financial Reporting Advisory Group (EFRAG). The current draft ESRS include approx 84 disclosure requirements which need to be considered by companies, including a large number of various KPIs.

Our approach

Plan- Do- Act- Check
With this approach, we assess the current situation against the desired situation. We make a plan to close the gap. Objectives are defined. Improvements are worked out and implemented. Results of the improvements are measured and tested. We adjust based on the results and adjust where necessary.

Identify the key issues your industry and your organization faces. Is the CSRD a compliance exercise? Or does it also deliver business opportunities? What are the main challenges and how will you manage these? How to turn them into business opportunities?

Based on your key issues, set up a sustainable strategy in line with your business objectives and priorities. What are the issues that are most relevant to your organisation for the upcoming years? How to assure value creation?

By embedding your strategy into your organisation’s day-to- day activities, you can succeed in your business objectives and priorities. Process improvement and efficiency supported by data management and software solutions.

Report to your stakeholders in an integrated way on the key impact areas and sustainability issues. Report on your organisation performance and what progress you made towards achieving your ambitions and targets. And meeting the requirements of the CSRD.

Assurance improves your credibility and reputation. With the assurance readiness assessment, you know whether your organisation is ready for external assurance and helps you to stay in control.

Our services

We can support you in every step of the journey towards sustainability compliance; from Awareness to Reporting & Assurance.

Some of our services highlighted:

  1. Gap Analysis Solution: the Sustainability Maturity Scan. This scan gives insight in whether your company is compliant with the CSRD and ESRS or not, and which steps need to be taken to be compliant.
  2. Assurance Readiness Assessment; are you ready for external assurance?
  3. Preparation Tax Footprint; give insight to your stakeholders by reporting about your Tax Footprint.


Contact us to see how we can help you with your challenges or opportunities.

Team

All our solutions are developed and performed by team members with many years of knowledge and experience at every stage of an organisations journey to a sustainability future. See “OUR TEAM” for more information.