Assisting Client in their Adherence to CSRD Compliance

Challenge

In January 2023, the Corporate Sustainability Reporting Directive (CSRD) entered into force. It modernizes and strengthens the rules concerning the social and environmental information companies must report in the European Union. A broader set of large companies and listed small and medium-sized enterprises (SMEs) will now be required to report on sustainability. The Port of Kiel asked HPC for assistance here.

Tasks Performed

• As-is analysis of existing reports, documentation, IT landscape
• Interpretation of applicable regulations for the client
• Identification of relevant European Sustainability Reporting Standards (ESRS)
• Supporting the Double Materiality Assessment required by the new EU directive

Benefit

Leveraging our expertise in sustainability, process analysis, and business intelligence, HPC supports the Port of Kiel in implementing their first CSRD-compliant annual sustainability report, bolstering their transparency and sustainability credentials.