The Omnibus I Package represents a structural turning point in European sustainability reporting. While positioned politically as a simplification initiative, its deeper impact lies in a fundamental redesign of how relevance, scale and materiality are defined and operationalised across the CSRD framework, the EU Taxonomy and the European Sustainability Reporting…
The EU Green Deal remains the strategic backbone of Europe’s climate and sustainability agenda. Its core objectives – climate neutrality by 2050, resilience, and competitiveness – are unchanged. However, since 2024/2025 the EU has entered a new phase of recalibration. With the Omnibus I simplification package, the European Commission, Parliament…
The materiality analysis is the process by which the undertaking determines material matters and material information to be reported on in its sustainability statement. The performance of an objective materiality assessment is pivotal to sustainability reporting which shall include relevant and faithful information about all impacts, risks and opportunities (IROs)…
Update 2025: The revised materiality concept clarifies that topics and sub-topics are considered material only where they are linked to one or more material impacts, risks, or opportunities (IROs). These are identified in accordance with the criteria set out in Chapters 3.2.1 and 3.2.2 of ESRS 1. The materiality assessment…
This article provides links to the non-financial and sustainability (ESG) disclosures of the austrian stocklisted companies (ATX prime market). The overview shows that in 2024 the companies moved the non-financial disclosures in the management report (see our guide about CSRD und ESRS) . With the new CSRD guidelines and Taxonomy…
The 17 Sustainable Development Goals (SDG) and their related 169 targets of the UN are getting more important in corporate reporting and in the development of nations. This article provides a list of all SDG’s and their related targets. The Sustainable Development Goals and targets are integrated and indivisible, global…
Enterprises are social organisations that follow a purpose. For a long time, this purpose was capital-oriented. Accordingly, most business valuation models are cash flow oriented and show the return on investment from the owner’s point of view. However, the total value of a company is made up of financial, social,…
This questionnaire provides an overview for measuring ESG performance. With this questionnaire it can be evaluated whether a) a company actively addresses the ESG impacts of its business activities and b) whether a company sustainably delivers positive and measurable performance in all value dimensions (economic, social, environmental and governance/compliance) for…
Supply chain, even on a global scale, is often complex and mostly lacks transparency. This is why it is the responsibility of any business to work extra hard to ensure that they move towards achieving or, better still, improving their social responsibility (ESG factors: Environment, Social and Governance). Furthermore, many…
