15.05.2024
Source: Energie & Management Powernews
Energy companies and municipal utilities are also faced with the obligation to establish sustainability reporting in accordance with the CSRD. Rödl & Partner has published a short study on this subject
The management consultancy Rödl & Partner has published a short study on the Corporate Sustainability Reporting Directive (CSRD), which covers the status of implementation of the directive in municipal utilities and municipal companies. Anton Berger, Partner and Head of Energy, explains: "Our analysis is intended to help companies prepare for the CSRD and overcome the challenges of implementation."
The study uses a fictitious case study to outline the measures and commitment required to implement the CSRD. This includes a materiality analysis, the definition of reporting boundaries and data collection in accordance with the European Sustainability Reporting Standards (ESRS).
According to the study results, data collection is the most common problem for companies, followed by a lack of time and personnel and difficulties in integrating sustainability goals into the corporate strategy. Among other things, the results show a clear trend towards renewable energy projects.
Many companies have already implemented transformation plans for heating networks and energy efficiency in buildings. However, there is still room for improvement in the transparency of greenhouse gas emissions and in waste management. Initiatives for sustainable procurement, supply chains and the circular economy also need to be improved.
The management consultancy Rödl & Partner conducted the online survey from February to March 2024. 51 experts from the energy sector took part. The study "Sustainability reporting according to CSRD at municipal utilities" can be downloaded free of charge from the Rödl & Partner website.
Author: Heidi Roider
Accessibility
Language
