ESG Reporting

In places like the EU, we’ve seen the introduction of The Corporate Sustainability Reporting Directive (CSRD), which sets the standard by which companies will have to report their environmental, social and governance impact. This directive has an impact across the globe on any company operating in the EU.

This increased focus on ESG around the globe means now is the time to get ahead and start reporting on your ESG practices.

AssuranceLab is a registered CPA and CA firm ready to help you earn trust with your clients globally. We provide complete audit services, with an agile approach that enables you to work at your own pace.

Ready to get started with ESG reporting?

ESG reporting applies to any business looking to highlight and report on their commitment to environmental, social and governance initiatives and practices.

The CSRD applies to companies that:
✅ Large EU Companies (250+ employees, €40M revenue, €20M total assets)
✅ Non-EU Companies with EU Presence (Net turnover of €150M in the EU)
✅ SMEs Preparing for Future CSRD Obligations
✅ ESG-Conscious Organizations

Although it’s an EU directive, the CSRD has global applicability. It applies to companies based abroad that have a presence in the EU.

AI-powered risk & compliance review

We assess your sustainability disclosures against CSRD criteria.

Effortless data collection & validation

Automated data gathering with minimal disruption to your operations.

Compliance gap analysis & action plan

Identify improvement areas to meet CSRD standards.

Audit completion & certification

Receive your compliance report
from AssuranceLab.

Ready to get started on your compliance journey?

What is CSRD and how does it relate to ESG?

Adopted by the European Commission in November 2022, The Corporate Sustainability Reporting Directive (CSRD) replaces and builds on the Non-Financial Reporting Directive (NFRD) by introducing more detailed reporting requirements and expanding the range of entities that will have to disclose sustainability information and introduces detailed reporting across a number of categories: preparation, strategy and business model, due diligence, governance, risk and opportunity management, and targets and metrics.

The CSRD sets the standard by which nearly 50,000 EU companies will have to report their climate and environmental impact. This directive has an impact across the globe to any company operating in the EU.

The objective of the CSRD is to improve the existing requirements of the EU’s Non-Financial Reporting Directive (NFRD) to better harness the potential of the EU in the transition to a fully sustainable and inclusive economic and financial system in accordance with the European Green Deal and the UN Sustainable Development Goals.

What entities are in scope for CSRD reporting?

Insurance and Banking firms
Companies listed on EU-regulated markets;
“Large EU Companies (Listed and not Listed)";
EU companies that are a Parent of a “Large Group”;
Small-medium sized EU undertakings;
Subsidiaries and branches in the EU.

The scoping criteria must meet at least two of the following:

Total assets exceeding €20 million
Net turnover exceeding €40 million
250+ employees

Additional rules and scoping criteria apply for Group and EU Subsidiary entities of non-EU parents as defined within the CSRD.

What is covered within AssuranceLab’s CSRD reporting Framework

AssuranceLab’s CSRD Framework has been built according to European Sustainability Reporting Standards (ESRS). The technical standards, known as the ESRS, have 12 draft standards. Two are cross-cutting—general requirements and general disclosures—which cover broad environmental, social, and governance topics. Beyond those, there are 5 Environmental, 4 Social, and 1 Governance topical standards that lay out more detailed disclosures and metrics on specific topics.

The AssuranceLab Framework is designed to be flexible and enable reporting for all organisations, whether you are mandated to report or voluntarily opting to do so.

What are the European sustainability reporting standards (ESRS) criteria?

ESRS 1: General requirements
ESRS 2: General disclosures
ESRS E1: Climate change
ESRS E2: Pollution
ESRS E3: Water and marine resources
ESRS E4: Biodiversity and ecosystems
ESRS E5: Resource use and circular economy
ESRS S1: Own workforce
ESRS S2: Workers in the value chain
ESRS S3: Affected communities
ESRS S4: Consumers and end-users
ESRS G1: Business conduct

How do we get recognised for our ESG reporting

These ESG reports generally do not contain sensitive information and can be published on your website and in other places accordingly. We also give you accreditation logos and status letters that you can use to represent your ESG reporting commitments in other marketing or RFP materials.

Can you use compliance software for ESG reporting?

ESG reporting has a large amount of overlap with security and other areas of compliance based on the core focus on governance that underpins most compliance standards. Combining your ESG program into a compliance automation platform can help you centralise those commitments and compliance activities. We have developed our ESG framework for import into multiple compliance platforms where it can be continuously monitored and tracked along with many other compliance standards that overlap.

Build trust with environmental, social and governance frameworks like the CSRD

SOC 2 STANDARD

Is this the year you grow with SOC 2?

There’s no better standard to baseline your information security and earn trust with a broad customer base.

AssuranceLab is a registered CPA and CA firm ready to help you earn trust with SOC 2 in the US and globally.

We provide end-to-end readiness and audit services, with a cloud-native and agile approach that enables you to work at your own pace.

You’re in great company. We work with hundreds of fast-growing software companies across 13 countries, ranging in size from 2 to 26,000 employees.

We work with more than 800 fast-growing companies across 30+ countries, ranging in size from 2 to 26,000+ employees.

ENVIRONMENTAL, SOCIAL AND GOVERNANCE PRACTICES

A new mandatory for businesses globally

UNDERSTANDING THE REQUIREMENTS

Who does CSRD apply to?

ESG reporting applies to any business looking to highlight and report on their commitment to environmental, social and governance initiatives and practices.

The CSRD applies to companies that:✅ Large EU Companies (250+ employees, €40M revenue, €20M total assets)✅ Non-EU Companies with EU Presence (Net turnover of €150M in the EU)✅ SMEs Preparing for Future CSRD Obligations✅ ESG-Conscious Organizations

Although it’s an EU directive, the CSRD has global applicability. It applies to companies based abroad that have a presence in the EU.

OUR APPROACH

To CSRD Reporting

THE BENEFITS

Clear reasons to act

International credibility

ESG standards and frameworks that are recognised globally and connected with reputable sources

Customer comfort and trust

A detailed report providing transparency of your ESG commitments and achievements

Minimal business disruption

Agile and flexible audits that help minimise disruption while meeting client deadlines

AI-driven efficiency

Our intelligent automation reduces audit complexity, saving you time and resources

Multi-standard compliance

Combine one or many standards into one audit process to achieve more with less

Recognition of partial progress

The ability to achieve an ESG report with known process improvements

FAQ

Your questions answered

What is CSRD and how does it relate to ESG?

What entities are in scope for CSRD reporting?

What is covered within AssuranceLab’s CSRD reporting Framework

What are the European sustainability reporting standards (ESRS) criteria?

How do we get recognised for our ESG reporting

Can you use compliance software for ESG reporting?

OTHER STANDARDS

Earn trust with other leading standards

See all frameworks →

Get started your way

We’re ready when you are

The CSRD applies to companies that:
✅ Large EU Companies (250+ employees, €40M revenue, €20M total assets)
✅ Non-EU Companies with EU Presence (Net turnover of €150M in the EU)
✅ SMEs Preparing for Future CSRD Obligations
✅ ESG-Conscious Organizations

The ability to achieve an ESG report with
known process improvements