CSRD - Sustainability
Report
Based on the CSRD, sustainability information must be provided by large companies in the annual report for both their own organization and their supply chain and their customers, accompanied by an auditor's assurance statement (under limited
assurance). The expectation is that this will remain the case.
Within SMEs
Enterprises subject to the CSRD must collect and report value chain information for their own CSRD sustainability reporting, as part of management reporting starting from Financial Year 2027. This leads to them increasingly requesting sustainability information from suppliers and other chain partners in the SME sector. When mandatory under the CSRD
For reporting enterprises, this concerns enterprises with more than 1,000 employees and more than €450 million in turnover to be reported from the 2027 financial year.
The information requests from CSRD-liable enterprises must be in line with
the content of VSME reports and may in principle not extend beyond the VSME reports, except for sector-specific supplementary data. In practice, however, additional information may be requested in procurement contracts.
requested.
This enables SMEs to meet these information requests from CSRD-obligated enterprises through a single VSME report. The VSME report is a subset of the CSRD report.
Onderdeel van de CSRD Componenten
Sustainability report in the annual report
Sustainability reports are important for the
transparency and accountability of companies regarding sustainability. It can also help companies build trust among stakeholders by demonstrating the application of Best Practices. Additionally, sustainability reports can be important for stakeholder decision-making and can support strategic planning by highlighting the areas where the company can have the most positive impact, thereby strengthening investor engagement.
The Sustainability Report is part of the management report of the company's annual report, in which the efforts, performance, and future plans of the company regarding the sustainability of the Environment, Social Responsibility, and Governance (ESG) are described in accordance with the CSRD/ESRS regulations.
For the Sustainability Report
Contents of DMA and Disclosures report
based on the CSRD/ESRS datapoints
The Sustainability Report builds upon and is aligned with the DMA. The Sustainability Report is based on the extensive analysis of the Disclosures using the portion of the 1,178 data points relevant to the company, in accordance with the CSRD/ESRS.