ESG and Sustainability

Businesses and organisations are facing increasing demands for sustainability, from individuals, authorities, industries, and even updated regulations. Sustainability is no longer just an environmental issue; it is a business issue for companies that wish to remain competitive and build trust with customers, authorities, and investors. This means that both financial and non-financial performance must be increasingly considered. Sustainability efforts enhance a company’s resilience, strengthen competitive advantages, and foster economic growth. Sustainability matters and consistent work are crucial for creating long-term profitability and encompass areas such as climate change, due diligence, and corruption.

Our sustainability services team helps clients develop solid strategies that meet your needs and objectives. Our experts are well-versed in existing regulations such as the CSRD, CSDDD, and issues arising within ESG, as well as the latest proposal from the European Commission, Omnibus. Through close collaboration between you and our team, we can offer the best advice tailored to your company. Together, we’ll develop sustainability strategies for your business.

How we can help your business: 

• Sustainability Reporting (CSRD): Our experts assist you with auditing solutions for sustainability reporting in accordance with the Corporate Sustainability Reporting Directive (CSRD). Our colleagues support you with situation analysis, data collection, materiality assessments, and reporting.
• Sustainability Strategy: Our experts help you develop and implement sustainability strategies and sustainable business models in line with best practices within ESG principles. This is done in compliance with existing regulations and directives.
• ESG & Due Diligence: Services to meet the requirements and regulations in Mergers and Acquisitions (M&A) activities. Our experts advise and support you in meeting the demands and regulations that arise during M&A processes.
• EU Taxonomy: Support throughout all stages of implementing the European Taxonomy, from the initial understanding of the requirements to the development of the reporting. Our experts act as advisors and provide support at each stage of implementing the EU Taxonomy, from understanding the requirements to preparing the necessary reporting.
• Climate Solutions: Guidance for clients to shape the world of tomorrow by developing strategies to reduce carbon emissions, calculating emissions, and adapting to climate change. At Forvis Mazars, we provide consulting and guidance for your business in shaping and developing tomorrow's sustainable strategies for emissions calculations, climate adaptation, and strategies to reduce carbon emissions.
• Sustainability for SMEs: Support for small and medium-sized enterprises (SMEs) to increase their competitiveness and meet the sustainability requirements imposed on them by larger companies covered by CSRD. Our experts provide assistance and advice for SMEs to enhance their competitiveness and comply with existing sustainability requirements, particularly as more companies are, and will be, increasingly affected by existing regulations and directives, such as the Corporate Sustainability Reporting Directive (CSRD).
• Sustainable Tax: Whether dealing with restructuring or internal sustainability efforts, tax plays a leading role in decision-making. Forvis Mazars helps you make long-term sustainable decisions in line with current law and the tax policy or strategy your company has implemented. Our experts assist your company with restructuring, internal sustainability efforts, and provide advisory services where Sustainable Tax is involved. At Forvis Mazars, we support you in making long-term sustainable decisions in accordance with existing directives and the tax policy or tax strategy your business has adopted.

Forvis Mazars Approach:

Our conviction is that societal success is built on businesses like yours, and this belief has shaped our work throughout the years we've been active. Therefore, we are dedicated to sharing insights and knowledge. Knowledge is the foundation of development, and in times of change and uncertainty, it is even more crucial to understand how industries are impacted, what trends are emerging, what risks must be managed, and more.

At Forvis Mazars, we understand that effective sustainability work requires a clear plan, strong governance, and high-quality corporate reporting that covers the full spectrum of environmental, social, and governance (ESG) issues.

Depending on where your company is on its sustainability journey, we assemble a team of our experts who focus on your unique needs and can provide solutions that are well-aligned with your goals. Whether it’s mapping your supply chain, reporting in accordance with the Corporate Sustainability Reporting Directive (CSRD), measuring Greenhouse Gas (GHG) emissions according to the GHG Protocol, or promoting diversity, we are here to assist. At Forvis Mazars, we have the expertise and experience to deliver long-term solutions that support businesses. Our bespoke approach ensures that you always have the right experts for your projects.

What does ESG mean?

ESG stands for Environmental, Social, and Governance. These are three broad concepts that encompass sustainability issues relevant to your business, organisation, and society.

• E – Environmental covers sustainability issues related to climate change, Net Zero goals, policies related to current emission targets, and policies.
• S – Social refers to areas that directly affect people, such as human rights, workplace conditions, equality, and diversity.
• G – Governance deals with issues that impact your company or organisation more broadly, including sustainability reporting, due diligence, business models, corporate strategies, whistleblowing systems, various transformations, and compliance with regulations.

If you want to learn more about how ESG, regulations, and various sustainability directives affect you and your company, contact us today!