CSRD 
from regulation to a lever for sustainable transformation

With its first standards published in 2023, the Corporate Sustainability Reporting Directive (CSRD) is redefining non-financial reporting in Europe. It requires over 50,000 companies to publish standardized, verifiable, and comparable information on their sustainability impacts, risks, and opportunities.

The goal: provide investors, regulators, and stakeholders with a clear and robust view of companies’ contributions to ecological and social transition.

But CSRD is more than just a compliance exercise. Properly supported, it becomes a strategic transformation lever.

European Sustainability Reporting Standards (ESRS) at the heart of CSRD

CSRD relies on a set of European standards (ESRS) developed by EFRAG, covering three main dimensions:

  • General (ESRS 1 & 2): principles, structure, and transversal information.
  • Environmental (E1–E5):
    • E1: Climate
    • E2: Pollution
    • E3: Water
    • E4: Biodiversity and ecosystems
    • E5: Resources and circular economy
  • Social (S1–S4): employees, value chain workers, affected communities, consumers.
  • Governance (G1): business conduct.

Double materiality: the foundation of CSRD

CSRD is based on the principle of double materiality:

  • Impact materiality: what are your company’s impacts on the environment and society?
  • Financial materiality: how do sustainability issues affect your financial performance and risks?

This approach requires looking at both sides and identifying the truly strategic topics for your organization. Assessing double materiality allows you to define your material issues, whether dependencies, impacts, risks, or opportunities.

CSRD and reference frameworks (SBTN, TNFD, KMGBF)

Double materiality assessment and CSRD reporting on biodiversity can be supported by methodological frameworks such as SBTN and TNFD, in line with the international objectives of the Kunming-Montréal Global Biodiversity Framework (KMGBF). These approaches are fully compatible with CSRD logic.

Why choose Blooming for your CSRD compliance?

Blooming supports you at multiple levels, depending on your needs and maturity:

  • Global CSRD support: ensuring compliance with all standards.
  • Enhanced environmental expertise: focused support on environmental standards, leveraging our skills in climate, water, resources, and pollution.
  • Alignment with TNFD LEAP methodology (Locate, Evaluate, Assess, Prepare): map your nature interfaces, assess pressures/dependencies, risks & opportunities.
  • Expert tools: quantify impacts, dependencies, and material risks (Global Biodiversity Score, ENCORE, LCA, carbon footprint, etc.).
  • Proven methodologies: implement recognized approaches to validate materiality assessments and build credible action plans.
  • Training and awareness: raise team awareness on CSRD, double materiality, and technical tools.
  • Strategic vision: we see CSRD as a transformation lever, not just a reporting obligation.

Training, double materiality, workshops, tools, drafting Disclosure Requirements, across all environmental standards or focusing on specific standards: we provide tailored support based on your progress and needs.

Our clients speak

« Efficient support in internal structuring and deployment of CSRD reflections, with strong knowledge of biodiversity expectations. Timely project management, responsive exchanges, advice and recommendations: Blooming successfully supported us in this CSRD implementation exercise! »
Frédéric Brun
Environmental/Biodiversity Manager, Orano

FAQ

ESRS E4 structures the identification of impacts/dependencies/risks/opportunities, strategy, objectives, and indicators on Biodiversity and Ecosystems. It can be approached using recognized methodologies such as SBTN and TNFD (LEAP).

Through recognized tools and data (GBS, ENCORE, LCA, GHG inventories…), literature reviews, thresholds and an ad-hoc rating methodology — to reduce subjectivity and make trade-offs traceable.

Yes: CSRD & dual materiality, LEAP (TNFD), and tool training.

Ready to make CSRD a lever for transformation?

Contact Blooming to structure your double materiality, prioritize topics under environmental standards, or deepen the Biodiversity dimension.
I prepare my CSRD compliance