ESG Compliance: Identifying and Implementing Opportunities

Regulatory requirements for businesses are increasing. This includes specific standards for reporting and due diligence processes along the value chain, as outlined in the Corporate Sustainability Reporting Directive (CSRD) and the Supply Chain Due Diligence Act (LkSG). The regulatory landscape is also rapidly expanding in areas such as climate protection, material circularity, and biodiversity conservation. Many of these requirements have direct or indirect impacts on a company's business model and future viability.

We assist businesses in identifying and assessing the (potential) impacts of regulatory trends early and comprehensively, enabling them to pinpoint key issues, evaluate them thoroughly, and uncover opportunities for the company.

A "Radar System" for Businesses

Companies need to keep track of a multitude of issues, extending beyond day-to-day operations, with a particular focus on sustainability topics. It is crucial for businesses to understand these influencing factors and integrate them into their strategic planning.

We provide analyses that capture and assess implementation requirements and business potentials arising from current regulatory initiatives and anticipated trends. Our regulatory and environmental analysis follows the PESTEL method and considers a range of influencing factors:

• Political – political factors

• Economic – economic factors

• Social – sociocultural factors

• Technological – technological factors

• Environmental – ecological and geographical factors

• Legal – regulatory factors

The World Economic Forum has published the Global Risk Report 2024. The report highlights that environmental risks will continue to dominate the risk landscape over the next one, two, and ten years. 

Two-thirds of global experts are concerned about extreme weather events in 2024. Alongside these, critical changes in Earth’s systems, biodiversity loss, ecosystem collapse, depletion of natural resources, and pollution will constitute five of the top ten risks over the next decade.