Sustainability Reporting:

Voluntary to Mandatory Reporting

Financial reporting is historical – Sustainable reporting is visionary

Is ESG corporate reporting on your companies’ radar?

Goodbody Clearstream is a leading advisory firm specialising in Sustainability and ESG corporate reporting. We understand the importance of sustainability reporting for companies.  Our team of expert Sustainability and ESG consultants is ideally equipped to support your company with all aspects of voluntary and regulatory non-financial reporting requirements.


What is Sustainability Reporting?

It assists companies to communicate progress on sustainability topics to their stakeholders. These reports usually cover environmental, social and governance (ESG) topics.


Mandatory Sustainability Reporting Requirements

The European Union seeks to establish itself as a leader in sustainability reporting. The key regulation for companies as part of the EU’s strategy is the Corporate Sustainability Disclosure Regulation (CSRD).  This requires companies of a certain size to annually disclose their sustainability matters in a sustainability statement.

Goodbody Clearstream are working with corporates from all sectors as they conduct preliminary readiness assessments, double materiality assessments, and supports them through the process of preparing disclosures against their material standards.

We also support companies with global regulation such as the IFRS S1 and S2, as well as national regulation such as gender pay gap assessments.


Voluntary Reporting Frameworks

Many companies who are not within scope of the mandatory reporting regulation will choose to record their progress on sustainability anyway. Increasingly it is becoming a requirement of customers and other key stakeholders.

Voluntary reporting can vary from comprehensive sustainability reports, to being included in annual statements, or to brief mentions on a company’s website.

Goodbody Clearstream works with clients to help them adopt voluntary frameworks that provide external validation on their sustainability performance. This can also offer them the opportunity to establish themselves as a leader on sustainability within their respective sector.

Some of the voluntary initiatives that we support our clients on include CDP, Global Reporting Initiative (GRI), Science Based Targets Initiative (SBTi), EcoVadis, B-Corp, and the Taskforce on Climate Related Financial Disclosures (TCFD).


How we an help you

Goodbody Clearstream assist companies from all sectors and of different sizes in their preparation of both mandatory and voluntary reporting.

To find out more contact che@goodbodyclearstream.ie or any of the team.


Additional Resources

Click here to access Goodbody Clearstream Insights Page

How we can help you

Goodbody Clearstream provides a range of programs covering both Public and Private sector offering best in class solutions:

  • Engaging customers and community in your green initiatives
  • Assisting companies in reporting under international schemes such as GRI and CDP
  • Managing internal communication, training and climate change teams
  • Avoid pitfalls and ‘Greenwash’
  • Choosing credible Eco Labels and Certifications
  • Navigating CSRD requirements
  • Addressing Double Materiality principles
Sustainability Reporting