Organisations implementing their sustainability strategy must meet a sophisticated information need by stakeholders, shareholders, and regulators. Relevant, consistent and comparable disclosures are essential to provide these stakeholders with an understanding of the organisation’s sustainability- related risks, opportunities and linkage to the business model.
ELS Europe provides guidance on the preparation and analysis of sustainability-related information necessary for reliable decision-making and in order to counter greenwashing. We help our clients to assess the risk management attributes and sustainability of an organisation, to understand how it is implementing measures to achieve strategic goals, and therefore throw a light on its long-term prospects.
ELS Europe provides in-depth understanding of mandatory reporting requirements from prudential and supervisory authorities such as European Supervisory Authorities, US Securities and Exchange Commission (SEC), and equivalent authorities across jurisdictions from Asia-Pacific, Americas and Africa. We work with a range of disclosure frameworks such as the Sustainable Finance Disclosure Regulation (SFDR), Corporate Sustainability Reporting Directive (CSRD), and Corporate Sustainability Due-Diligence Directive (CSDDD), as well as reporting requirements of the US SEC and the International Sustainability Standards Board (ISSB).
As well as helping our clients to stay updated on international policy, reporting standards and guidelines, ELS Europe helps organisations to generate, gather and process high quality sustainability- related information. We provide unbiased technical, policy and financial expertise on sustainability objectives across the life-cycle of our clients’ products and services. Our solutions link outcomes and outputs to financial KPI’s, ensuring consistency in reporting, and reducing administrative burden associated with the data management cycle.
Our solutions support the development of fit-for-purpose reporting systems, helping to navigate and build digital technologies throughout the data life-cycle. We provide expertise for the development or enhancement of internal data collection systems, data curation and validation methods, quality control and monitoring systems, internal reporting, knowledge exchange and stakeholder consultation.
ELS Europe provides leadership, strategic guidance, and advice on a range of cross-sectoral projects. Examples of our work:
EU Taxonomy Data Product
ELS Europe delivered solutions in support of a large multinational media company and data provider towards the development of EU Taxonomy Sustainable Finance Solutions, and other ESG data solutions. Our deliverables included EU Taxonomy-related research and technical assessment necessary to evaluate estimated alignment of a Company’s products or services across all eligible economic sectors. Our expertise supports product development on the relevant thresholds for demonstrating a substantial contribution to an environmental objective, no significant harm to all remaining objectives and achievement of minimum social safeguards of the EU Taxonomy. The cornerstone of the ELS Europe’s solution was to connect EU Taxonomy sustainability-related activities to company financial key performance targets of revenue, capital expenditure (CAPEX) and operational expenditure (OPEX).
ELS Europe completed a study of Green Finance Taxonomies and other ESG mandatory and voluntary reporting requirements across countries from Asia Pacific, South America and Africa. Detailed analysis was undertaken in order to identify commonalities, scope of environmental and social objectives, level of detail required, regulatory status and enforcement structure, organisations targeted, and other key data variables on behalf of our client.
ELS Europe Co-chaired the EFRAG project on reporting of sustainability-related risks and opportunities and linkage to the business model. The Green Deal, the Sustainable Finance Strategy and its regulations including the CSRD, the EU Taxonomy, and the SFDR framed this comprehensive study entitled: ‘Towards Sustainable Business: Good Practices in Business Model, Risks and Opportunities Reporting in the EU’. This collaborative publication has become a ‘go to’ reference for sustainability- related reporting by financial and non-financial international listed companies, and small to medium- sized enterprises (SMEs). The main report and its supplementary case studies are a key tool for those who want to make measurable and substantial efforts to improve the sustainability of their operations, products, and services across environmental and social aspects, including intangibles.
ELS Europe was appointed by CDP (formerly Climate Disclosure Project), a non-governmental organisation with institutional investor signatories with a combined value of US$96 trillion in assets. ELS Europe provided expertise to evaluate the level of alignment between CDP Disclosure questionnaires against the six environmental objectives of the EU Taxonomy.