European Sustainability 
Reporting Standard

Who is affected by ESRS?

All companies covered by the CSRD (around 50 000 companies) will sooner or later be required to align their sustainability reports according to the ESRS. The CSRD covers all listed companies on regulated markets within the EU, including Small and Medium-sized Enterprises except micro companies. It also applies to all large (listed or not) companies if they meet at least two of the following three criteria: 

• Balance sheet total of more than EUR 20m
• Net turnover of more than EUR 40m
• The average number of employees during the financial year of more than 250

And last but not least, non-EU undertakings with turnover above 150 million in the EU if they have at least one subsidiary or branch in the EU exceeding the above thresholds.

Our solutions and services for ESRS 

To prepare your organisation for the new sustainability reporting standard there are a number of measures you can take to make the adaptation as smooth as possible. The ESRS experts at Position Green can support you with: 

Training and engaging your organisation

• Instructor led company specific training for top management, board of directors and sustainability specialists. 
• Instructor-led training through Position Green’s Academy. We provide a full day training in Oslo, Copenhagen and Stockholm that will provide you with everything you need to know about reporting in line with the upcoming ESRS requirements.

ESRS gap analysis for your company

• A gap analysis will give you a good understanding on how well your current reporting aligns with the coming ESRS requirements and what is needed to close those gaps.   

Materiality analysis based on double materiality

• The double materiality assessment is the foundation and starting point to report according to the ESRS and it will define what your organisation should report on going forward. 

Digital solution for reporting according to the ESRS

• Position Green’s Platform provides a digital solution to efficiently collect, analyse and report all sustainability data in line with the ESRS requirements. 
• Our platform solution simplifies the process for external assurance providers to efficiently provide statutory limited assurance for the ESRS report. 

Accelerate your transition to sustainability

• Increased transparency and more accurate data provides the information needed for data-driven strategic decision making. Our experienced advisors provide the necessary hands-on expertise to reduce risk and accelerate new value creation.