Successfully implementing requirements for sustainability reports

The European Sustainability Reporting Standards (ESRS) are set to become mandatory for many companies. However, there are also many reasons why other companies should look into the ESRS now:

  • Your own business should more sustainable and therefore fit for the future will be 

  • Companies subject to the obligation could be from Suppliers and service providers one Request an ESRS report 

  • It is expected that, in future, banks will be less willing to lend to companies that do not publish a sustainability report when it comes to Discrimination in lending or even be ruled out

Get to grips with sustainability reporting and the ESRS. In our eight-part webinar series, we’ll guide you through Dr Steve Waitschat by the law firm Clostermann & Jasper Partnerschaft mbB (Bremen) and Paul Liese hsp will support you and your team through the ESRS.

Here’s what every webinar offers you:

  • Introduction and in-depth study individual or related standards

  • Practical and entertaining Interjections

  • clear division into individual chapters

  • plenty of examples and practical recommendations

The webinars were recorded between 25 April and 28 November 2024. The content reflects the state of knowledge and information at the time of recording.

About the people: 

Portrait of Dr Steve Waitschat

Dr Steve Waitschat is a Senior Manager and Sustainability Officer at Clostermann & Jasper, as well as Managing Director of C&J Consult GmbH. A chemist with a PhD, he has been working in the field of sustainability and reporting for many years. As a former teacher, he also possesses the valuable ability to explain complex issues in a way that is both understandable and relevant to everyday life. 

Portrait of Paul Liese

Paul Liese is the managing director of hsp Handels-Software-Partner GmbH. An experienced specialist in software, IT and technology, he devotes a great deal of energy to ensuring the company’s long-term viability. Together with Dr Steve Waitschat, hsp is developing a software tool for materiality analysis and a software solution for producing the ESRS report.  

Overview of the webinar sessions

ESRS Webinar 1

ESRS Webinar 1: Introduction to Sustainability and ESRS 2 – General Information

If the abbreviations CSRD, ESRS, CSDDD, SDG, EFRAG or VSME are just a jumble of letters to you, then Part 1 of our webinar series is just the thing for you. You’ll gain an overview of the various sustainability issues in the regulatory sphere and gain a deeper insight into ESRS 2 straight away.

ESRS Webinar 2

ESRS Webinar 2: Dual Materiality Analysis

The dual materiality approach forms the backbone of your sustainability report. Using a specific process, you determine which sustainability issues affect your business operations and what impact you have on these issues. Only those issues that you have classified as material will be included in your sustainability report.

ESRS Webinar 3

ESRS Webinar 3: ESRS E1 Climate Change

Under Standard E1, all data that influences or relates to climate change must be provided: from strategies, measures and targets right through to energy consumption and greenhouse gas emissions. In Part 3 of the webinar series, we explain what these terms mean, how you can access the relevant information and how you can map this data using Opti.Tax.

ESRS Webinar 4

ESRS Webinar 4: ESRS E2 Environmental Pollution and E3 Water and Marine Resources

Under Standards E2 and E3, organisations must disclose strategies, measures and targets relating to the respective topics, as well as data on various forms of pollution, substances of concern and water consumption. In Part 4 of the webinar series, we explain what these terms mean, how you can access the relevant information and how you can map this data using Opti.Tax.

ESRS Webinar 5

ESRS Webinar 5: ESRS E5 Circular Economy and E4 Biodiversity

Under Standards E5 and E4, organisations must specify strategies, measures and targets relating to the respective topics, as well as data on resource inflows and outflows, land use and the introduction of invasive species. In Part 5 of the webinar series, we explain what these terms mean, how you can access the relevant information and how you can map this data using Opti.Tax.

ESRS Webinar 6

ESRS Webinar 6: ESRS S1 Own Workforce

Under Standard S1 ‘Own Workforce’, organisations must provide details of strategies, measures and targets, as well as data on staff turnover, collective agreements, diversity, remuneration, training and other relevant areas. In Part 6 of the webinar series, we explain what these terms mean, how you can access the relevant information and how you can map this data using Opti.Tax.

ESRS Webinar 7

ESRS Webinar 7: ESRS S2 Workforce in the value chain, S3 Affected communities, S4 Consumers and end-users

The other social standards each focus on strategies, measures and objectives, as well as the involvement of the relevant stakeholder group. In Part 7 of the webinar series, we explain what these terms mean, how you can access the content and how you can map it using Opti.Tax.

ESRS Webinar 8

ESRS Webinar 8: ESRS G1 Corporate Policy

The standard corporate policy covers strategy, supplier relations, corruption, payment practices and lobbying activities. In Part 8 of the webinar series, we explain what these terms mean, how you can access the relevant information and how you can map this data using Opti.Tax.

The ESRS webinars Featuring Dr Steve Waitschat and Paul Liese are Available to book as individual courses within the hsp Community. The hsp Community is a platform for professional exchange and e-learning for specialists in the fields of taxation and accountancy.