ESG report for your business
We will prepare a professional report for your company, taking into account all ESRS requirements, including stakeholder analysis and double materiality. We will also provide support for the verification of the report.
What is an ESG report?
It is a report that presents the situation of the company in terms of environmental, social and corporate governance. The disclosure shall be prepared on an annual basis. The document presents the organization's sustainability efforts over the past 12 months and, if possible, compares the data with previous years.
Entering the ESG reporting path for thousands of companies is only a matter of time. In Poland, the European Commission's Corporate Sustainability Reporting Directive (CSRD) will cover around 3,500 companies in 2025.
Together with CSRD, the ESG world is joined by the European Sustainability Reporting Standards (ESRS). They are defining the sustainability reporting landscape today. Also in Poland.
ESG reporting is not so much a choice, a communication or marketing supplement, but increasingly a legal, commercial (value chains) and investment (sustainable finance) necessity. We know how to build beneficial economic relationships based on ESG. Reports are an essential element in this respect.
Our implementation as part of the ESG report
Due to the increasing regulatory requirements and on the part of the chain, the client decided to prepare the organization for reporting non-financial data. VIVERNO's task was to prepare the first report in the history of the company, with particular emphasis on preparing the team for reporting work and implementing data collection standards.
VIVERNO specialists showed high professionalism and fulfilled their tasks on time. The analysis included proposals to increase the energy efficiency of the company.
For Albatros Alumunium Sp. z o.o. we have prepared an ESG report in the environmental and social part. The disclosure is based on the Global Reporting Initiative (GRI) standards and the Securities Exchange ESG Reporting Guidelines. In the first place, we met the client's needs in relation to the report due to legislative conditions and expectations arising from the value chain. We then proceeded to the materiality analysis, on the basis of which the indicators specific to the company were selected.
The VIVERNO team implemented the data collection rules in the next step. At the stage of collecting the material, we assisted the client in practically every indicator, explaining the detailed requirements and principles of data standardization. Then we compiled all the information (descriptions, tables, graphs) and provided the company for consultation. After implementing a few changes, we have developed the final version of the report.
Our realizations
Due to the increasing regulatory requirements and on the part of the chain, the client decided to prepare the organization for reporting non-financial data. VIVERNO's task was to prepare the first report in the history of the company, with particular emphasis on preparing the team for reporting work and implementing data collection standards.
VIVERNO specialists showed high professionalism and fulfilled their tasks on time. The analysis included proposals to increase the energy efficiency of the company.
For Albatros Alumunium Sp. z o.o. we have prepared an ESG report in the environmental and social part. The disclosure is based on the Global Reporting Initiative (GRI) standards and the Securities Exchange ESG Reporting Guidelines. In the first place, we met the client's needs in relation to the report due to legislative conditions and expectations arising from the value chain. We then proceeded to the materiality analysis, on the basis of which the indicators specific to the company were selected.
The VIVERNO team implemented the data collection rules in the next step. At the stage of collecting the material, we assisted the client in practically every indicator, explaining the detailed requirements and principles of data standardization. Then we compiled all the information (descriptions, tables, graphs) and provided the company for consultation. After implementing a few changes, we have developed the final version of the report.
What do our customers say?
VIVERNO opracowało dla firmy Gold Drop raport zerowy ESG w standardzie ESRS (European Sustainability Reporting Standards) w obszarach: środowisko i klimaty, odpowiedzialność społeczna, ład korporacyjny. Prace audytowe były poprzedzone szkoleniami pracowników firmy Gold Drop oraz licznymi konsultacjami w każdym raportowanym obszarze. Solidna wiedza przezywana w miłej atmosferze oraz wsparcie okazywane przez ekspertów VIVERNO pozwoliło firmie Gold Drop zbudować zespół ds. ESG, który będzie zajmował się tymi zagadnieniami w kolejnych latach. Opracowany raport zerowy ESG określił mocne i słabe strony naszej firmy, a także pozwoli z wyprzedzeniem przygotować się do przyszłych wymagań prawnych. Niniejszym potwierdzam profesjonalizm i doświadczenie firmy VIVERNO Sp. z o.o. jako partnera godnego zaufania.
Stanisław Gadała
Prezes Zarządu, Gold Drop Sp. z o.o.
Firma odpowiedzialna była za przygotowanie metodyk zbierania danych, ich kompleksową analizę oraz opracowanie wyników. Wszystkie proponowane rozwiązania były zgodne z wcześniejszymi ustaleniami, realizowane terminowo i z zachowaniem najwyższych standardów. Na uwagę zasługuje inicjatywa VIVERNO szczególnie w zakresie dalszego rozwoju naszej organizacji w kierunku ESG. Wysoko cenimy także świetną komunikatywność i wysoką kulturę osobistą osób reprezentujących VIVERNO. Z pełną odpowiedzialnością rekomendujemy firmę VIVERNO jako doświadczonego, kompetentnego oraz godnego zaufania partnera biznesowego w zakresie ESG i zrównoważonego rozwoju.
Arkadiusz Bruski
Prezes Zarządu, Albatros Aluminium Sp. z o.o.
Marcin Milczarski
Expert in ESG and sustainability, he specializes in strategic and reporting consulting and business linking environmental and social issues (green transformation, risk aggregation, degrowth vs. decoupling). Author of studies in the field of non-financial disclosures, legal-business relations and implementation of ESG strategies. Expert of the Climate Leadership program conducted by UNEP/GRID-Warsaw, academic lecturer. He combines more than 15 years of professional experience in ESG consulting, sector III, academia and marketing/communication.
Do you have any questions? We have the answers!
Who is affected by ESG reporting?
Reporting obligations are set out in the Corporate Sustainability Reporting Directive (CSRD). As of January 1, 2024 (disclosures in 2025), companies that previously reported under the NFRD (Nonfinancial Disclosure Reporting Directive) will report under the new directive. The reporting obligation will be joined on 1 January 2025 by companies meeting two of the following three conditions (reporting in 2026): employment of 250 people or more, at least 25 million euros of total assets and at least 50 million euros of annual net income. From 1 January 2026 (the report to be submitted in 2027 with the possibility of postponing by two years), non-financial disclosures will become mandatory for small and medium-sized listed entities (two of the three criteria: more than 10 employees, 350 thousand euros of balance sheet total, income of 700 thousand euros). In turn, from 2027 (reports in 2028), selected companies from outside the Union will be covered by CSRD regulation.
Does ESG reporting have to include taxonomic disclosures?
Taxonomy is mandatory for entities that prepare sustainability reports under the Corporate Sustainability Reporting Directive (CSRD).
To what extent does VIVERNO offer ESG consulting for reporting?
Our clients go through all the reporting stages provided for by the European Sustainability Reporting Standards (ESRS). We investigate, among other things, financial and operational control/dependence criteria, conduct thorough regulatory analysis, check competitive disclosures, analyze stakeholders, perform dual significance assessments, select AR16 indicators with mapping to ESRS disclosures, determine critical points for data collection and prepare information collection models for teams within the company. In the next steps, we verify the historical data, obtain and standardize the data and prepare the content of the report. The composition of the report can also be enriched with graphic design.
What reporting standard does VIVERNO work with?
We have developed ESG disclosures in several standards: the Global Reporting Initiative (GRI), the Securities Exchange ESG Reporting Guidelines, and the European Sustainability Reporting Standards (ESRS). We currently strongly recommend ESRS as mandatory for ESG reporting under the Corporate Sustainability Reporting Directive (CSRD).
Does VIVERNO support double significance analysis?
Yes, we help our clients to assess double significance. This is an absolutely crucial part of preparing a sustainability report. The outcome of impact materiality and financial materiality (dual materiality components) will determine which indicators will be selected for the report and what ESG data will be compiled.
Is ESG reporting audited?
All sustainability disclosures that are prepared under the Corporate Sustainability Reporting Directive (CSRD) are subject to certification. This task will be carried out primarily by statutory auditors at a level of limited certainty. If, after three years of auditing, this range of assurance proves to be too narrow, the European Commission may decide to extend the attestation to sufficient certainty.
Are there any penalties for failing to comply with the ESG reporting obligation?
Yes, the European Commission has assumed that companies that fail to submit mandatory sustainability reports will be subject to penalties. However, the details are decided by the member states, introducing the Corporate Sustainability Reporting Directive (CSRD) into their legal orders. The exact determination of sanctions will take place by July 6, 2024.
Is it possible to use VIVERNO support only in part of the reporting process, e.g. in the analysis of double significance?
Yes, there is such a possibility. Each time we adapt to the customer's expectations. If a company organizes ESG reporting on its own, but lacks competence at some stage, we will provide assistance precisely tailored to your needs.
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