ESG reporting (CSRD/VSME)
Turning ESG compliance into long-term value
Whether you're just getting started with your ESG report or looking to strengthen your existing reporting practices, we help you navigate regulatory requirements, identify material topics, and craft reports that are both credible and compelling.
By aligning with standards like the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS) or the Voluntary Sustainability Reporting Standard for SMEs (VSME), we help you turn sustainability data into actionable insight and long-term progress.
At Good Growth Collective, ESG reporting isn’t just about ticking boxes, it’s about building a more resilient, future-proof business.
Curious to know more? Here's how we can help:
- Phase 1: Reporting standard & DMA
- Phase 2: Reporting procedure & data collection
- Phase 3: Target setting, strategy development & reporting
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Reporting standard & Double Materiality Assessment
Whether it's through the CSRD, VSME or other reporting standards like the Global Reporting Initiative (GRI) and International Financial Reporting Standards (IFRS), your ESG reporting journey starts by selecting the reporting standard and gathering the necessary company data. After completing a company deepdive, and mapping the value chain and stakeholders within, we will conduct a Double Materiality Assessment (DMA) together to identify material topics and Impacts, Risks and Opportunities (IROs) for your business. Following this, we will identify data gaps within your organisaton and create a roadmap for reporting and compliance.
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Reporting procedure & data collection
With the DMA in place, our team begins developing the reporting procedure and plan of action for the data collection. We will collect data and documents from different parts of your organization. This data includes your GHG emissions and energy use, as well as your policies regarding working conditions and governance structures. Together we'll determine the best procedures and standards for reporting. Once the necessary data has been collected, we can start setting targets and develop strategies towards sustainability.
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Target setting, strategy development & reporting
ESG reporting involves setting comprehensive targets to address your impacts, risks and opportunities, and creating actionable strategies to reach those targets. The strategies include a clear roadmap toward achieving your targets, and an overview of the financial implications for your business. These strategies aim for continuous improvement, both for your business and impact. In doing so, we align targets and strategies within your business strategy to support and accelerate your good growth. Altogether, we deliver a comprehensive and transparent ESG report for your organization.
The opportunities of ESG reporting
Regulatory compliance
Clear ESG reports are essential for demonstrating regulatory compliance and ensuring transparency in your company's environmental, social, and governance practices. Comprehensive ESG reporting lays the foundation for compliance with other ESG regulations.
Stakeholder accountability
ESG track-records are increasingly leveraged by investors, suppliers and clients to determine decisions. Regular, transparent, and clear reporting on your sustainability strategy can ensure your organisation remains attractive for even the most demanding stakeholders.
Financial performance
Strong ESG performance drives stronger financial results. Reporting can help reveal inefficiencies and uncover financial opportunities. Gathering insights on ESG topics enables you to mitigate risks, strengthen resilience, and take your organisation to the next level.
From Solar to Strategy:
Preparing Saman Group for CSRD compliance
Saman Groep, a key player in the energy transition providing sustainable solutions like solar panels and heat pumps, is preparing for the Corporate Sustainability Reporting Directive (CSRD). To meet these enhanced ESG reporting standards, Saman Groep partnered with Good Growth Collective for expert guidance.
Want to know more about ESG reporting?
True sustainability begins with transparency: ESG reporting makes the invisible visible and serves as a must-have for any company that wants to prepare for the future.
Why is ESG reporting important for your business?
ESG reporting is crucial for securing capital, meeting supply chain requirements, and maintaining a competitive edge. Investors and customers expect transparent data on sustainability impacts, risks, and opportunities. Early preparation for CSRD or VSME reporting helps you identify risks, boost efficiency, and leverage opportunities. Starting early builds stakeholder trust and positions your business as an ESG frontrunner, able to adapt to evolving sustainability expectations and regulations.
Which companies need to report when under the CSRD?
CSRD compliance applies to large companies with more than 1,000 employees and over €50 million turnover or €25 million balance sheet total. In line with the Omnibus proposal, large companies must report in 2028 on data from 2027. The full process, from double materiality to data collection and reporting, typically takes 9 to 12 months. Beginning now helps build an audit-ready report, close data gaps, and embed ESG into budgeting, procurement, and operations before upcoming deadlines can add additional pressures and costs.
Which reporting standard (e.g. VSME, GRI, IFRS) is most suitable if your company is not in scope of the CSRD?
Although your company is not in scope of the CSRD, the ESRS can serve as a useful framework to identify material ESG topics relevant to your business, gather reliable data, and report in a structured and comprehensive way. If you’re an SME looking for a more efficient reporting standard, the VSME can help you meet stakeholder requests quickly and prepare for other legislation. If you’re a company reporting outside of the EU, the IFRS Sustainability Disclosure Standards is relevant if your primary focus is on financial disclosures, while the GRI provides a more holistic reporting approach that also involves mapping your socio-environmental impact. No matter the framework, we will assess the scope and provide a customized plan that fits your company size and sector.
What software tooling and partners do we use for ESG reporting?
We use the software from Ecocharting and Coolset for ESG data management and reporting. These platforms streamline the double materiality assessment, stakeholder engagement, data collection, and emissions calculation. They offer a centralised platform for collaboration, ensuring efficient and repeatable reporting for CSRD or VSME.
What makes our SaaS model unique for ESG reporting?
Our Sustainability as a Service model provides subscription-based access to our ESG specialists who act as an extension of your team. We manage your reporting cycle from regulatory monitoring and data collection to assurance-ready submissions, ensuring compliance with CSRD and other frameworks. Our specialists work closely with your team, providing ongoing support and guidance throughout the reporting process. Our modular approach allows us to customise our services to fit your specific needs, ensuring that your reporting is accurate, audit-ready, and on schedule. This allows your team to focus on operations and growth.