Getting ready for CSRD on resource use and circular economy
WHAT IS csrd on RESOURCE USE AND CIRCULAR ECONOMY and the ESRS E5 standard?
The Corporate Sustainability Reporting Directive (CSRD) is one of many incoming EU regulations on circularity.
The CSRD requires 50,000 companies in the EU to disclose data on the impact of their activities on people and the planet and any sustainability risks they are exposed to.
Companies will have to disclose data according to European Sustainability Reporting Standards (ESRS) established by the European Financial Reporting Advisory Group(EFRAG).
The set of 12 reporting standards covering the full range of sustainability matters: environment, social and governance.
Among them, the standard ESRS E5 covers Resource use and circular economy.
HOW TO PREPARE FOR CSRD disclosure on resource use and circular economy?
The ESRS disclosure related to resources use and circular economy requires 4 actions.
HOW WE CAN HELP
We help multiple customers to report resource use and circular economy information according to ESRS E5.
Prepare CSRD disclosure on resource use and circular economy?
For a chemical company, we organised a one-day workshop to prepare ESRS E5 disclosure.
Perform a materiality assessment
For a global industrial equipment manufacturer, we conducted a materiality assessment through 4 workshops and 2 validation meetings with the board.
Define circular economy policies
For a construction material company without a circular economy strategy, we help define policies, actions, and targets related to circular economy.
Prepare resource inflows and outflows disclosure
For a consumer packaging goods manufacturer, lacking a solid IT system, we helped prepare and design the collection of resource inflows and outflows disclosure.
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