Reporting & Disclosure

The first step is to conduct a Horizon Scan. This involves identifying and mapping the reporting requirements that are applicable to your industry, both mandatory and voluntary. Understanding what regulations exist and when they will impact you ensures that you are prepared and can be proactive.

Once you have a clear view of the reporting landscape, the next step is to perform a Gap Analysis. This helps you assess your current reporting practices against these requirements, identifying any gaps that need to be addressed from both a compulsory and voluntary perspective.

The wide range of reporting frameworks reflects the increasing importance of sustainability performance as a key driver of business success. These frameworks can generally be grouped into two categories: voluntary frameworks (like EcoVadis or B Corp), which aim to elevate ESG performance and can position your business as a leader, and regulatory frameworks (like CSRD), which are mandatory and ensure compliance but do not necessarily signify industry leadership.

The diversity of frameworks also arises from the specific needs of different sectors and the varying objectives they pursue. While some frameworks are designed to enhance transparency and accountability, others focus on driving continuous improvement or meeting legal obligations.

Staying up to date with both voluntary and regulatory frameworks allows businesses to strategically align their reporting, enhance investor confidence, improve access to capital, and future-proof operations.

The B Impact Assessment (BIA), at the centre of B Corp, and reporting frameworks like CSRD share a common goal: to systematically evaluate  and improve business impact. The BIA provides a structured, holistic approach to evaluating your environmental, social, and governance (ESG) performance, covering many of the same areas as CSRD. By leveraging the BIA, businesses can streamline their reporting efforts and build a strong foundation for CSRD compliance, reducing duplication and enhancing consistency in disclosures.

Absolutely. An impact report goes beyond compliance. It’s a strategic tool to assess and communicate your achievements, showcase progress toward key goals, and build stakeholder trust through transparency. A well-crafted report not only meets disclosure requirements but also strengthens your brand, engages customers and investors, and drives long-term business resilience.

We help businesses transform reporting from a compliance exercise into a strategic advantage, by turning risk into impact. Through in-depth analyses of your exposure to current and future frameworks, we guide you in adopting a proactive, pragmatic, efficient approach. This minimises risks, enhances credibility, and unlocks opportunities for leadership, innovation, and long-term business value.