ESRS 1 General requirements (CSRD)-Sustainability Compliance Tool

Example

An entity assessing its carbon emissions to identify material climate-related risks and opportunities, and disclosing this information in its sustainability statement.

Scenario

A manufacturing company operates in multiple countries with varying levels of greenhouse gas emissions. Through ESRS 1, it systematically assesses and discloses its most significant climate-related impacts, such as direct emissions and energy usage, alongside the strategies adopted to mitigate risks and seize low-carbon opportunities.

Example

An entity engaging with stakeholders to understand and evaluate the materiality of its sustainability matters from both a financial and impact perspective.

Scenario

A financial institution conducts stakeholder consultations and sustainability risk assessments to determine the financial materiality of its investments in fossil fuels and the impact materiality of its lending practices on community displacement. The findings are then reported, aligning with the ESRS 1 requirements for a double materiality perspective.

Example

An entity reports on its due diligence processes for identifying, preventing, and mitigating negative sustainability impacts across its value chain.

Scenario

A retail company uses ESRS 1 guidelines to report on its due diligence process, detailing how it monitors suppliers for labor rights compliance and environmental management practices, thereby addressing both its direct and indirect sustainability impacts.