It is becoming increasingly important for companies to analyse their own responsibility along their entire value chain - also with regard to their own future viability. This is why we support you in developing your sustainability strategies and structured reporting on your activities. Important stakeholder groups such as clients, financial market participants and legislators are demanding this transparency.

As sustainability aspects are increasingly evolving from non-financial to financial risks, the financial market is paying more attention to environmental, social and governance (ESG) criteria when making investment decisions.In particular, investors and insurers want to know whether the business activities of companies are exposed to higher risks in the short, medium and long term due to certain sustainability aspects, especially climate change. Clients and the general public also have increasingly high expectations of a company's sustainable orientation.

We work with you to design a holistic sustainability strategy for your company and derive targets and measures taking into account the entire environment, including framework conditions, e.g. regulatory requirements or requirements for or from the financial sector.

We show you how you can embed sustainability in your corporate strategy and what the requirements for good ESG governance are. Because we are convinced that this is THE cornerstone of long-term success.

Sustainability-related reporting obligations are diverse and are currently growing rapidly. We help you to keep track of which requirements are relevant for you, when and in what form, and what you need to do to fulfil them.

Sustainability reporting is moving from an optional to a mandatory requirement

The European Union's Corporate Sustainable Reporting Directive (CSRD), which came into force in January 2023, requires companies to report publicly on sustainability management and key figures in an additional section of their annual management report.

The group of companies affected is very wide-ranging and is being successively expanded:

• Since 1 January 2024, large capital market-oriented companies >500 employees.
• From 1 January 2025, expansion to include all companies that fulfil two of three criteria (at least 250 employees in the EU | balance sheet total > €25 million | turnover > €50 million)
• From 1 January 2026 Expansion to include capital market-oriented SMEs.
• From 1 January 2028 Expansion to include non-EU companies.

Reporting is based on new reporting standards, the European Sustainability Reporting Standards (ESRS) (German only).

FutureCamp supports you with the following tasks:

• Knowledge transfer, identification and fulfilment of regulatory requirements
• Organisational anchoring of sustainability and creation of necessary governance structures
• Preparation of sustainability reports in accordance with common mandatory and voluntary frameworks (e.g. EU CSRD, Global Reporting Initiative - GRI SRS, German Sustainability Code - DNK) and support for upstream processes such as
  • Stakeholder participation
  • Materiality analysis
  • Gap analysis and creation of work plans
  • Establishment of processes for data retrieval
  • Introduction of a CSR management system
  • Support in selecting suitable ESG/CSR software
• Coordinating external service providers, e.g. communication agencies, translators
• Accompanying audit processes

FutureCamp is an official training partner for the German Sustainability Code and regularly holds events in this context.

In order to live up to our own sustainability standards and also to report transparently on progress and potential for improvement, we have regularly published a declaration of conformity with the German Sustainability Code (DNK) since 2016. Accordingly, our declaration for the 2020 reporting year can be viewed publicly on the DNK website following its review by the DNK office.

The topics of supply chain transparency and responsibility are increasingly coming into focus: German lawmakers have presented the Supply Chain Due Diligence Act (LkSG), which has been in effect since 2023. Since 1 January 2024, companies with more than 1,000 employees in Germany have been obliged to fulfil the due diligence obligations defined in the law with regard to human rights and environmental protection in the production of their goods and services across all production steps and to report publicly on this every year. Countermeasures must be initiated if violations are identified. This includes not only direct suppliers, but also indirect suppliers. The EU Deforestation Regulation (EU DR) requires companies that place certain raw materials and their derivatives on the EU market to prove and document that they do not originate from deforested areas from 30 December 2024. Companies must also consider their upstream and downstream value chain as part of CSRD reporting. We help your company to maintain an overview and to check how it is affected by the regulatory requirements and to analyse where you still have relevant gaps in relation to the requirements. We are also happy to support you in participating in supplier assessments and audits, e.g. EcoVadis or NQC.

The Sustainable Finance Package as a measure of the European Green Deal, and in particular the Taxonomy Regulation, has created an important set of instruments to provide the financial market with reliable information for green investment and financing decisions. The EU taxonomy regulates which financial investments are considered "sustainable". In future, providers of financial products will have to disclose for each of their products whether and to what extent the taxonomy was used to determine the sustainability of the investments and what environmental goals they contribute to. In order to be able to provide this information, the financial market relies on the taxonomy declarations of the companies, which themselves have to report on the "greenness" of their economic activities. Reporting on the taxonomy must be included in the management report as part of CSRD reporting. We support your company throughout the entire reporting process with our expertise from the first three reporting years: from the initial screening to the formulation of the taxonomy statement, including support during the audit.