Our ESG solutions
CoPLIANCE offers a variety of solutions for meeting sustainability requirements. Depending on how much effort you wish to expend, we will accompany you.
CSRD sustainability report & double materiality
We provide you with a range of support, depending on how much responsibility you want to take in preparing the report. From templates to CoPLIANCE as an external reporting department.
Voluntary reporting (VSME Standard)
You are not yet obliged to report, but are asked for sustainability information by customers, banks and investors? Then work with us to create a voluntary sustainability report in accordance with the EU standard at low cost.
Tax experts
Are you an auditor and want to reduce your audit workload for your clients' sustainability reports? Use our services to reduce your efforts to a minimum.
Templates through to managed service
Depending on how much you want to prepare the report, CoPLIANCE offers you ideally designed support:
From easy-to-use methodology templates, through to complete outsourcing of the report.
Support through templates
If you want to carry out CSRD reporting on your own but need help with the content , our downloadable templates are the ideal partner. The CoPLIANCE templates provide a perfect framework, a sound methodology and an ideal basis for documentation. Reduce your design and documentation effort by 70% with our templates.
Support from our experts
In addition to our high-quality CSRD templates, the Template & Experts offer provides expert hours for individual support. This support enables more efficient use of the templates and better adherence to the methodology. Benefit from the knowledge of our expert network in a personal exchange according to your needs.
Outsourcing parts of the report
With the CoPLIANCE Managed Service, you can outsource parts of your sustainability report. Turn to us for time-consuming tasks in your CSRD process so that you can save resources and concentrate on your core activities. Our experienced sustainability managers will provide you with targeted and selective support every step of the way.
We create your entire report
Ensure CSRD compliance by fully outsourcing your sustainability report to CoPLIANCE . Our experienced sustainability managers will take care of every step for you - from identifying the material topics to data collection and final report preparation. Thanks to our strong automation and broad network of experts, the managed service is more cost-effective and of higher quality than alternatives.
CoPLIANCE has delivered exactly what they promised - efficient, unobtrusive compliance solutions tailored to our needs, systems and processes. The pragmatic approach made it possible to manage the compliance process and integrate it seamlessly into our internal processes.
Lukas Pieczonka, Gründer & Geschäftsführer MAYD
The focused and efficient approach by CoPLIANCE ensured that business continuity was maintained throughout the process. We can recommend CoPLIANCE's pragmatic and customer-oriented managed service to anyone seeking support for the upcoming EU sustainability reporting regulation.
Joachim Rotzinger, CEO ingentis
CoPLIANCE enabled us to tackle the new reporting obligations efficiently. The seamless integration into our existing processes minimized the internal effort considerably. A valuable partner for our future sustainability reporting.
Jan Depping, CFO & MD Telekonnekt
Reporting SMEs
We support small and medium-sized enterprises (SMEs) in meeting the challenges of voluntary sustainability reporting in accordance with the VSME standard. Your SME is relieved of the burden, as CoPLIANCE helps it to be optimally prepared for potentially onerous inquiries from business partners, banks and investors regarding sustainability aspects in the company.
Help with preparing and reviewing the report
We work closely with you as an auditor or tax advisor to clarify compliance issues and meet the requirements of the CSRD. Reduce your audit workload for your clients' sustainability reports with CoPLIANCE, while maintaining compliance and avoiding additional costs. With us, you save internal resources, as our tailored services significantly reduce your workload.
Solutions for tax experts
Sustainability reports are formal documents that companies publish to present the environmental, social and economic impact of their business activities.
A typical sustainability report covers several main areas. On the one hand, environmental issues include topics such as emissions, water and energy consumption, waste management and biodiversity. With regard to social aspects , reports cover working conditions, human rights, community work and social responsibility. Finally, with regard to corporate governance, financial stability, ethical behavior and the contribution to the local economy also play a key role in the sustainability report.
Firstly, in many places, companies are required by law to publish regular sustainability reports. In addition, by documenting and analyzing their sustainability initiatives, companies can identify potential risks and develop mitigation strategies. Companies that report transparently on their sustainability practices can thereby strengthen stakeholder confidence, position themselves as responsible market leaders and consequently attract investment.
The specific legal requirements that become relevant for a company depend on its location and size. The new regulations are being introduced gradually. The CSRD regulations apply to large companies based in the EU. For small and medium-sized companies, the VSME standards apply first.
The Corporate Sustainability Reporting Directive (CSRD) is a new EU directive that tightens the requirements for sustainability reporting. It replaces the previous Non-Financial Reporting Directive (NFRD) and aims to improve the quality and comparability of sustainability information.
According to the CSRD, sustainability reports must contain detailed information on environmental, social and governance (ESG) issues and be prepared in accordance with recognized reporting standards, specifically the ESRS. CSRD reporting is based on the principle of dual materiality.
The ESRS are a set of harmonized standards developed by the European Union to support companies in preparing sustainability reports in accordance with the Corporate Sustainability Reporting Directive (CSRD). The ESRS complement the CSRD by providing a detailed framework for reporting, ensuring that companies in the EU can communicate their sustainability efforts clearly and consistently.
The ESRS contain specific requirements that companies must adhere to when reporting on their sustainability practices. There are currently 12 standards available, including two overarching standards and 10 standards on specific topics. Which standards you need to follow depends on factors such as your business activity, size and industry.
From 2024, all large companies in the EU will be obliged to prepare sustainability reports in accordance with the new CSRD standards. The obligation will be gradually extended in subsequent years.
The integration of the sustainability report as a separate section of the management report means that the sanctions for non-compliance with the reporting obligation correspond to the strict regulations for the management report. The specific penalty is based on various factors, including the severity and duration of the breach and the financial situation of the company. It can range from fines to the imposition of custodial sentences.
CONTACT
Find out how CoPLIANCE can support your company in implementing ESG guidelines. Contact our sales team for customized compliance solutions.