ESG complience

The importance of sustainability/ESG reporting has been reinforced in recent years by the trend that investors, financial market participants and regulators increasingly expect companies to report on their sustainability and ESG (Environment, Social, Governance) performance and strategy. By default, companies define the indicators they want to use to communicate their ESG “compliance” for themselves.

ESG assessment and support in building a corporate ESG strategy

Based on the latest informations of the European Union’s Taxonomy and sustainability disclosure regulations, we assist our clients to do the sustainablility reporting of their operations, building a relevant and reliable database and strategy to achieving carbon neutrality.

Why is reporting mandatory?

Regulation (EU) 2020/852 of the European Parliament and of the Council of 18 June 2020 establishing a framework for the promotion of sustainable investment and amending Regulation (EU) 2019/2088. This is in fact the EU Taxonomy Regulation.

The Corporate Sustainability Reporting Directive (CSRD) is an EU instrument that requires large companies to report regularly on their environmental and social impacts.

The Sustainable Finance Disclosure Regulation (SFDR) has been in force since March 2021.

Directive on Corporate Sustainability Due Diligence (CSDD). This basically requires due diligence and reporting from an environmental and human rights perspective. Member States are currently negotiating this proposal and once adopted will have 2 years to transpose it into national law.

The MN6 Energy Agency team will carry out a baseline energy assessment of the company, a CO2 inventory of energy consumption and CO2 emissions of buildings, technology and transport. According to the GHG Protocol, we assess CO2 emissions in Scope 1-2-3 categories and provide professional support in the development of CO2 reduction strategies.