The European Green Deal aims to set the European Union on the path to a green transition, with the ultimate goal of reaching climate neutrality by 2050. To achieve these objectives, the EU requires listed and other large companies to report on the impacts, risks and opportunities of their activities on people and the environment.  

Companies are confronted with increasing ESG reporting requirements in accordance with different legal frameworks. There is, for example, the Corporate Sustainability Reporting Directive (CSRD), the EU taxonomy and the Corporate Sustainability Due Diligence Directive (CSDDD).  Ultimately, the EU’s ambition is to bring ESG reporting to the same level of maturity and reliability as financial reporting.  

The rapidly evolving ESG reporting landscape led to a market’s growing understanding that environmental, social and governance (ESG) issues impact financial metrics and ultimately company value. Companies risk no less than their license-to-operate if they fail to meet their environmental and social responsibilities.  

BDO provides third-party assurance that enhances the credibility of your ESG information and instills confidence among your stakeholders.