EU CSRD Advisory

Per European Union law, companies above a certain size are required to disclose information on what they see as the risks and opportunities arising from social and environmental issues, and on the impact of their activities on people and the environment. One of the most talked about aspects of EU law is the Corporate Sustainability Reporting Directive (CSRD) which has multiple levels of inputs to achieve compliance. 

SCS Consulting Services helps companies comply with the full scope of the CSRD regulation as it continues to evolve. This includes:

• Conducting double materiality assessments
• Aligning disclosures with European Sustainability Reporting Standards (ESRS)
• Developing ESG strategies and reporting frameworks
• Preparing assurance-ready sustainability reports

SCS Consulting Services guides clients through every phase of CSRD — from scoping and gap analysis to data collection, stakeholder engagement, and final reporting.  

SCS Consulting Services also supports clients in launching their reporting journey with a streamlined structure, tailored for small and medium enterprises following the VSME standard, which is a voluntary sustainability reporting standard aimed at easing burdens on SMEs. We can help set up a light, practical framework for your first reporting project, making CSRD compliance manageable — whatever your company’s size or experience. 

This service is ideal for:

• Companies headquartered in or operating within the EU meeting the CSRD requirements for compliance
• Non-EU companies with subsidiaries or significant activity in the EU
• Public Interest Entities (PIEs), listed companies, and large enterprises

Industries served include finance, manufacturing, energy, retail, and any sector impacted by EU sustainability regulations. 

The CSRD and ESRS (European Sustainability Reporting Standards) are closely linked but serve different roles within the EU sustainability reporting framework:

• CSRD is the legal directive [“the law”] issued by the European Union. It sets the obligation for companies to report on sustainability matters, defines who must report, and establishes the high-level requirements and timelines.  
• The ESRS are the technical standards [“the rulebook”] developed by EFRAG (European Financial Reporting Advisory Group) to implement CSRD. They specify what information must be disclosed and how, covering environmental, social, and governance (ESG) topics in detail. ESRS ensures consistency, comparability, and alignment with global frameworks like GRI and ISSB. 

Clients can expect:

• Expert guidance from our EU-based CSRD experts
• CSRD-compliant sustainability reports
• Improved ESG transparency and investor confidence
• Strategic alignment with EU regulations

SCS Consulting Services also helps integrate CSRD efforts with broader ESG and sustainability goals. 

Timelines vary based on company size and data maturity. A typical engagement includes:

1. Double materiality assessment
2. Stakeholder engagement
3. ESRS alignment and gap analysis
4. Data collection  
5. Report preparation and assurance planning

Most companies begin reporting in phases starting in 2025, with full compliance expected by 2028. These deadlines can also impact scope of work and duration. 

SCS Consulting Services stands out due to:

• Deep expertise in CSRD and ESRS frameworks
• Integration of consulting, verification, and reporting services
• Experience with related EU regulations like CSDDD and the EU Taxonomy
• Personalized, science-based advisory from seasoned ESG professionals
• In-depth expertise in various sectors grounded in local realities
• Robust project management
• Emphasis on collaboration and building autonomy within client teams, ensuring lasting impact and internal capacity development 

SCS Consulting Services ensures:

• Secure handling of sensitive ESG and financial data
• Alignment with EU assurance requirements
• Use of verified methodologies for materiality and impact assessments

Support includes:

• Double materiality assessments
• ESRS mapping and disclosure strategy
• Stakeholder engagement planning
• Report drafting and assurance preparation
• Integration with broader ESG and sustainability programs  

Pricing depends on:

• Company size and reporting scope
• Number of ESRS topics and disclosures
• Depth of advisory and assurance support

You can request a custom quote by scheduling a free consultation to scope your needs.

As part of our CSRD advisory service, we partner with several global software providers to offer a variety of solutions geared towards helping clients achieve CSRD compliance. We support our clients in choosing the best software solution tailored to their specific needs, saving time and money in the vetting process. Our partners provide demos of their software platforms during the vetting process.

In addition, SCS Consulting Services offers:

• Consultations to walk through the CSRD process
• Sample reports and ESRS mapping tools
• Training webinars and resources on CSRD strategy and compliance  

Schedule a free consultation and ask for CSRD support. One of our EU team advisors will follow up to tailor a CSRD strategy that fits your organization’s needs