Sustainability Services

Sustainability Services

Sustainable corporate governance and non-financial indicators are increasingly coming into focus across all industries. Companies are confronted with more and more legal requirements on sustainability: There is, for example, the Corporate Sustainability Reporting Directive (CSRD), the EU taxonomy, disclosure regulations and the Act on Corporate Due Diligence Obligations in Supply Chains. In addition, environmental disasters and a global pandemic are attracting widespread public attention. As a result, the regulatory and social pressure on companies in terms of sustainable corporate governance has never been bigger.

The European Union has embarked on a profound transformation of the financial market and the real economy with the 2018 Sustainable Finance Action Plan and the 2019 EU Green Deal. The capital market's growing understanding that environmental, social and governance (ESG) issues impact financial metrics and ultimately company value is increasing investor demand for reliable and comparable disclosures. And companies risk no less than their licence-to-operate if they fail to meet their environmental and social responsibilities.

Why ESG?

ESG stands for a multitude of topics which - depending on the business model - can be of essential importance for the sustainability of a company.

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Reasons for establishing sustainability management

It is not only external factors, such as legal regulations or societal requirements, that increase the pressure on companies to deal with the issue of sustainability. The company's own interest in making itself fit and resilient for the future should also be the impetus for establishing efficient and, above all, holistic sustainability management. The goal must be to establish sustainable business practices in all areas of the company in the long term.

Getting there is a development process that requires constant monitoring and evaluation of the sustainability programme - even once a programme has been developed. But the journey is worthwhile and the benefits are obvious:

  • Improvement of the company's image and brand value - thereby strengthening customer loyalty
  • Increased attractiveness as an employer
  • Improving financial performance
  • Developing an innovative vision for the company by identifying non-financial factors
  • Improving access to credit and the ability to attract investment
  • Identification, monitoring and appropriate management of non-financial risks
  • Systematically reporting on the link between strategy and financial performance, including the impact of ESG factors
  • Improving data quality for more effective information management and decision making


Our service

It is no longer a question of "if" a company should do something, but "how" they can embed sustainability in their business models. To support you in setting up or further developing your sustainability management and non-financial reporting, we offer various services:

Preparing a sustainability report can be challenging - especially due to current regulatory changes and developments.

Reporting-related consulting is our expertise; we help you design your report, from the materiality analysis to the selection of a suitable framework for your company and the definition of objectives.

What does that actually mean? For which companies is the preparation (and verification) of a sustainability report voluntary, and for which is it mandatory? What are the legal requirements? 

We have extensive experience in auditing both voluntary and mandatory sustainability reporting in accordance with the currently applicable standards.

At BDO, we have developed the tools to establish or further develop sustainability management in your company. They help to simplify the complexity of sustainability and promote the value that the integration of sustainability can create for your company.

In order to ensure more sustainable economic growth, the financial system must be set up in such a way that investments also become more sustainable. We therefore also support you in the area of "green" financing options or in implementing the complex requirements of the EU taxonomy.

We are here for you

Sustainability will lead to transformation. We would be happy to accompany you on the journey and support you in integrating sustainability into your company. Feel free to contact us!

Expertise

We have extensive experience in auditing and advising companies of various sizes on sustainability issues.

We cooperate with a wide range of organisations and are represented in various networks.

As an auditing firm, we work in accordance with national and international standards as well as within the framework of professional requirements.

Approach

Thanks to our many years of experience, we can optimally adapt our approaches to your needs.

Our collaboration is characterised by pragmatic cooperation as well as goal-oriented collaboration.

We create added value through detailed recommendations and provide further impetus through good practice approaches.

Team

Our employees have many years of experience in a wide range of sustainability topics:

  • Audit and advice on sustainability reporting

  • EU taxonomy consulting

  • Human rights and social audits

  • Integration of sustainability into governance systems

  • Sustainability Strategy


Contact us!

Blandine Djeukou

Blandine Djeukou

Senior Manager, National Office Audit & Assurance - Sustainability
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