We help clients achieve sustainable outcomes by addressing key risks and opportunities across the value chain.

European Union Corporate Sustainability Reporting Directive

The Corporate Sustainability Reporting Directive (CSRD) entered into force in the EU on 5th January 2023. It requires a broad set of large companies and listed SMEs to report sustainability information, enabling investors and stakeholders to assess their risks, opportunities and impacts on people and the environment. Companies are required to report according to the European Sustainability Reporting Standards (ESRS), undertake assurance on the sustainability information they report, and tag information digitally to support ease of access.

How we help you

We support clients in gaining a robust understanding of how the CSRD requirements apply to their organisation, and a roadmap for implementation, addressing the processes needed to support disclosure and the ESG strategy required to achieve the desired outcomes. Importantly, our technical design and engineering experience, combined with our environmental and social expertise, means we are able to support clients to deliver and implement sustainable outcomes, addressing their key risks and opportunities throughout the value chain.

Double materiality assessment

To gain a better understanding of the impacts, risks and opportunities relevant to your business, it’s important to carry out a ‘double materiality’ assessment. This will examine both the impacts your business have on the environment and people (impact materiality), and the risk and opportunities posed to your business (financial materiality).

Using our double materiality toolkit, Arup can support you through the process, including risk assessment and stakeholder engagement, enabling a robust, assurable outcome.

Gap analysis against European Sustainability Reporting Standards (ESRS)

We also help you to identify your current status and gaps against the key performance indicators in the ESRS that are material to your business. We can undertake a gap analysis and develop a roadmap to help you prioritise actions across the indicators.

Address your material impacts, risks and opportunities

Develop and implement plans to tackle the most important impacts, risks and opportunities your organisation faces. Arup has deep environmental, social and governance technical expertise that can support with robust assessment and strategy advisory, including EU Taxonomy assessment, climate transition planning, nature strategy and social value. We also bring our organisational change expertise to support the cultural and behavioural shifts needed to support successful implementation.

Prepare for disclosure

Effective reporting is never simply confined to form filling and accounting. Its implications need to be recognised and understood within an organisation. We help clients to engage within their business to raise awareness of disclosure and implementation requirements. This includes establishing data sources and collection processes to support disclosures against the ESRS and prepare for assurance.

Arup’s sustainability and behaviour change specialists can support in upskilling and training to support adoption of the CSRD requirements. Our data and digital strategy expertise can support in advisory and technical solutions including establishing processes, improving data quality and streamlining collection and reporting outputs.

Disclosure

Finally, we help businesses to file their reporting and support assurance of data annually against the ESRS. We bring clients’ disclosure documentation to life, combining data analysis, technical insight, graphic communications and digital support.