ESG – Sustainability in companies

Serviceflyer ESG

–Contact person–

Marc Wilmschen

Sustainability reporting

In a world where environmental awareness and social responsibility are becoming increasingly important and are being anchored in our financial and internal market through the EU’s Green Deal, sustainability is becoming a key factor for companies of all sizes and in all industries. As a result, the European Union has issued directives that are being transposed into national law by the German legislature in the Commercial Code (HGB). This gives the rules direct legal force and makes them mandatory. Their implementation and compliance will be a decisive criterion for long-term success.

Integrated audit of the sustainability report

We recommend involving the auditor at an early stage in the preparation of your sustainability report in order to assess audit readiness at each stage of the project and thus ensure certainty regarding the desired audit opinion. Our integrated audit of financial and sustainability information also generates synergies, as we are already familiar with your company and the relevant processes and risks from the annual audit.

Our pragmatic audit for medium-sized companies is carried out in the following steps:

As part of the inventory, a review of the materiality analysis and the internal control system is carried out. The findings from our annual audit have an influence at this point and can create synergies.

The gap analysis focuses on identifying discrepancies between the existing sustainability information and the requirements of the ESRS. These findings are supplemented by our assessment of whether sufficient and appropriate audit evidence is available.

We review your draft sustainability report to identify any gaps and areas for improvement at an early stage.

Efficient finalisation of the audit, taking into account the findings from the audit procedures described in the previous steps.

Range of services

In addition to auditing, we also provide advice on implementing reporting requirements. Our full range of services is as follows:

  • Statutory audit: Audit of sustainability reports in accordance with statutory requirements (CSRD/ESRS).Voluntary audit: Audit of voluntarily prepared sustainability reports, including those prepared in accordance with other standards (e.g. GRI, DNK).Special cases: Audit of individual key figures and/or disclosures in sustainability reports.

  • Legal implications: Overview of the impact on the company and analysis of the status quo, as well as support in complying with regulatory requirements (compliance check).Training courses and workshops: Conducting employee training courses on ESG topics and communicating best practices.Value chain: Creation and analysis of the value chain and relevant stakeholders.

    Double materiality analysis: Support in identifying and evaluating reportable topics.

  • Data collection: Assessment of data availability and support in the procurement, analysis and preparation of relevant ESG data.Reporting: Development of sustainability reporting, as well as design of processes and implementation of controls.

  • Software selection: Support in selecting suitable software to fulfil reporting and publication obligations for sustainability reports.Tool implementation: Support in implementing technologies and tools for collecting and analysing ESG data and setting up automated reporting.