With the adoption of the Directive (EU) 2024/825 on Empowering Consumers for the Green Transition (ECGT), the European Union is redefining the rules of engagement between sustainability, marketing, and consumer protection. While the public debate often frames the Directive as a “greenwashing ban”, the accompanying Questions & Answers published by…
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…
Europe is experiencing a turning point in security policy. The threat of hybrid warfare, economic destabilization and targeted attacks on critical infrastructures is real. For companies, this means that survival is becoming a strategic task. In this context, an area that has often been underestimated is gaining dramatically in importance:…
In recent years, the European Union has created far-reaching regulations with the Corporate Sustainability Reporting Directive (CSRD) and accompanying standards such as the ESRS (European Sustainability Reporting Standards) to oblige companies to be more transparent about their environmental, social and corporate ethical impact. This development is based on a fundamentally…
In the dynamic landscape of modern business, companies face not only market competition but also the scrutiny of an increasingly interconnected society. One of the significant challenges businesses encounter is navigating the complex interplay of public perception, regulatory environments, and political decision-making. In this context, Corporate Advocacy Public Relations (Corporate…
The European Sustainability Reporting Standards (ESRS) provide a comprehensive framework for companies within the scope of the Corporate Sustainability Reporting Directive (CSRD) to report on a wide array of sustainability-related topics, including environmental, social, and governance (ESG) matters. These standards aim to make sustainability reporting as robust and reliable as…
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…
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…
In the last three decades, climatic change has become an emergency of international concern. The rise of carbon (Co2) emission among business players and a need to drive investment into a cleaner option to save the environment is rising. Besides, the cost of carbon emissions has adverse implications on peoples’…
