CSRD and VSME Gap Analysis

CSRD and VSME Gap Analysis

With the approval of the new Corporate Sustainability Reporting Directive (CSRD) in 2022, sustainability reporting will become a mandatory component in corporate disclosure, strengthening Companies’ transparency and accountability in environmental, social, and governance (ESG) matters.

In light of the CSRD requirements set to enter into force, Diligèa offers Companies a Gap Analysis service:

The Gap Analysis consists of comparing information already disclosed within the Company’s scope with the ones required by the environmental and social requirements of the new reporting standards (ESRS)

The assessment aims to identify areas of concern, namely data currently unavailable that will, eventually, be subject to mandatory reporting under the ESRS

Companies not yet subject to the CSRD may choose to report according to a voluntary standard (VSME) to produce their first, preliminary ESG evaluation. This will facilitate them in effectively meet stakeholders and credit institutions’ requirements and information requests.

Based on the Gap Analysis results, an ESRS and/or VSME “compliance” strategy is therefore developed, with the identification of the critical measures to make the Company ready for their reporting

With this Gap Analysis service, by focusing on risks mitigation, Companies can develop a compliance strategy (CSRD or VSME), and adequately preparing for sustainability reporting challenges