Leading international financial services group
The client and the need
Our client is an international financial services group, offering investment, protection, and retirement solutions. The company seeks to have a positive impact by addressing critical environmental and societal issues. As a listed company in Europe, the European Union’s Corporate Sustainability Reporting Directive and the accompanying ESRS European Sustainability Reporting Standards (ESRS) will apply to the company starting from its annual report 2024. The final version of the ESRS is expected to be published in June 2023.
To prepare for the disclosure requirements of the ESRS, the company started enhancing its sustainability reporting processes in 2021. In 2022, it continued with these efforts and started aligning its qualitative and quantitative disclosures with the requirements of the draft ESRS. During the 2021 Annual Integrated Reporting cycle, as 2Impact, we provided hands-on support to update the sustainability narrative and to consolidate the sustainability data. During the 2022 reporting cycle, we also provided support by analyzing and identifying the relevant disclosure requirements of the (draft) ESRS, and implementing them both in the sustainability narrative as well as in the quantitative data.