ESG compliance will be one of the key topics in the coming years and it will significantly impact relationships with customers, suppliers, and banks. LDP will be able to assist you in its implementation.
With the launch of the 2018 Action Plan, the European Union has outlined a path aimed at introducing a regulatory framework. We will have you complete a questionnaire that will provide us with insights into the company’s current status and the rating it can achieve. Based on the results, there will be a meeting during which recommendations will be provided to improve the rating and the necessary timing and steps to do so. We will conduct quarterly or semi-annual audits to monitor the progress of the plan.
With the introduction of the Corporate Sustainability Reporting Directive, many companies will be required to meet certain deadlines and provide sustainability information:
Large companies subject to NFR, public interest entities that, as of the closing date of the financial statements, even on a consolidated basis: exceed an average of 500 employees; have exceeded at least one of the following thresholds: total assets over 20 million euros and net revenue over 40 million euros.
Large unlisted companies that, as of the closing date of the financial statements, even on a consolidated basis, have exceeded at least two of the following size criteria: from 250 average number of employees, total assets over 20 million euros, net revenue over 40 million euros.
Small and medium-sized listed companies that, as of the closing date of the financial statements, even on a consolidated basis, meet at least two of the following size criteria: 250 average number of employees, from 700 thousand euros to 40 million euros in net revenue; from 350 thousand euros to 20 million euros in total assets.
Companies outside the European Union that generate revenues exceeding 150 million euros in the European Union if they have at least one subsidiary or branch in the EU.
All our departments will combine their expertise to provide you with comprehensive support on these new factors for your company’s success.
ESG stands for Environmental, Social, and Governance. These factors assess a company's impact on the environment, society, and its governance structure.
Social impact measures an organization's contributions to society, including diversity, labor practices, community engagement, and human rights considerations.
Companies can assess their environmental impact through carbon footprint analyses, energy efficiency assessments, waste management audits, and sustainable sourcing practices.
Board diversity brings varied perspectives, enhances decision-making, reduces biases and reflects the interests of stakeholders and society at large.
Governance structures define risk management strategies, ensuring compliance, ethical behavior and accountability at all organizational levels.
Environmental management ensures sustainable practices, reducing carbon footprints, conserving resources, and minimizing environmental risks, fostering long-term viability.
Effective governance entails transparent policies, ethical decision-making, board diversity, and strong oversight for responsible, long-term growth.
Social responsibility can be enhanced through initiatives like employee welfare programs, community involvement, fair labor practices, and ethical supply chain management.
Companies can improve governance by adopting clear policies, promoting accountability, fostering a culture of integrity and regularly evaluating board performance.
ESG factors influence investor decisions, mitigate risks, attract socially conscious investors and potentially enhance long-term business strategies.
Senior Tax Manager
Alessandro is a Senior Tax Manager who specializes in sustainability strategies. He handles ESG topics, crafting fiscal growth aligned with environmental, social and governance factors. He is also an expert in drafting sustainability reports
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