ESG and ESRS: a new reporting obligation for companies starting in 2025
Who do the new ESRS requirements apply to?
The ESRS (European Sustainability Reporting Standards) apply to a wide range of companies, including:
- large companies with more than 250 employees,
- listed companies,
- certain SMEs,
- non-EU companies generating more than €150 million in revenue in Europe.
Scope of reporting under ESRS
The ESRS standards cover, among others:
- GHG emissions (Scope 1, Scope 2, Scope 3),
- energy and water consumption,
- biodiversity and environmental impact,
- social issues and workers’ rights,
- corporate governance and risk management.
Why are ESRS important for companies?
ESRS reports will be mandatory, public, and subject to audit. They are important for investors, banks, and for assessing a company’s stability and transparency.
How does Green Verify support companies in ESG and ESRS?
- ESG compliance audits,
- preparation of ESRS reports,
- verification of emissions data,
- identification of environmental and climate risks.
Contact us to prepare your company for the new ESRS requirements.