Sustainability Report — Complete CSRD and ESG Reporting Services
Stratos Management guides you through the entire CSRD reporting process, from double materiality analysis to the final audit, according to OMFP 85/2024 and ESRS standards.
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How Stratos helps you
At Stratos Management, we offer customized solutions for your business to meet reporting requirements.
- ESG Consulting and Analysis. We assess your company's current sustainability position, identify risks and opportunities, and establish an effective action plan.
- Development of the Sustainability Report. We draft and structure the sustainability report according to:
- CSRD (Corporate Sustainability Reporting Directive)
- ESG (Environmental, Social & Governance)
- GRI (Global Reporting Initiative)
- SASB (Sustainability Accounting Standards Board)
- Integration of ESG Standards. We help you implement ESG policies that support your sustainability strategy and increase transparency for investors.
- Sustainability Strategy and Objectives. We set clear and measurable objectives to reduce the negative impact on the environment and society, providing practical recommendations for achieving them.
- Training and Support for Teams. We organize training sessions for your team so that they understand the importance of sustainability and correctly implement the ESG strategy.
To digitize the entire data collection process and generate ESRS compliant reports, the Stratos team developed the StratoScope sustainability reporting application.
Sustainability Reporting Calendar
2024
The results of the year will be reported by public interest entities that meet the size criteria below:
- Mandatory criterion: Average number of employees – 500
And 1 of the 2 criteria below :
- Net turnover – min 50 million RON
or
- Total assets – min 25 million RON
Reporting deadline:
May 2025
2027
The results of the year will be reported including by entities that exceed 2 of the following 3 criteria :
- Average number of employees – 50
After
- Net turnover – min 50 million RON
After
- Total assets – min 25 million RON
Reporting deadline:
May 2028
2028
The results of the year will be reported including by:
- Small public interest entities, except for micro-enterprises
- Small institutions and with a low degree of complexity
- Captive insurance companies.
Reporting deadline:
May 2029
2028
They will also report subsidiaries and branches, owned by non-EU entities that, in the last 2 consecutive financial years, generated a net turnover of over EUR 150 million in the EU. In the case of branches, there are two additional classification criteria, namely:
- Branch net CA: at least 40 million EUR
- The non-EU entity has no subsidiary
Reporting deadline:
May 2029
Certified Expertise to European Standards
Our team of experts and specialists in sustainability and the environment bring considerable value not only through their long experience and portfolio of implemented projects, but also through relevant certifications in the field.
Relevant certifications from our experts' portfolio: Auditeco GES, SRAC, ARC, Corporate Governance and ESG Disclosure, CSRD, ESRS, EU Taxonomy by Greenomy Academy , GRI Standards, CSR BootIQ, Denxpert, Corporate Value Chain (Scope 3), GHG Protocol, Snergizing Disaster Risk, Reduction and Climate Change Adaptation, UN DRR.
Some of our sustainability experts and specialists
Schedule a meeting with our Sustainability experts
Oana Vîlceanu
Head of Sustainability Strategy & Impact
Why choose Stratos Management?
- ISO 9001, ISO 14001 and ISO/IEC 27001 certified
- EcoVadis Gold Medal (Top 5% global)
- Environmental Studies Developer accredited by APM (pos. 173)
- Professional liability insurance (200.000 EUR)
- Response guarantee within 24 hours
What is sustainability reporting?
Sustainability reporting is the process by which companies communicate their economic, environmental and social impact. It is becoming increasingly important, especially with the implementation of the CSRD (Corporate Sustainability Reporting Directive) in the European Union, which imposes new requirements for transparency and accountability.
What does the process of producing a sustainability report entail?
The sustainability reporting process primarily involves conducting a Dual Materiality Analysis, collecting data and information through a structured reporting process, but also analyzing all of your company's activities to ultimately establish the status quo at the time of reporting. We provide support in highlighting and interpreting the impact of your business in the context of sustainability, strengthening your reputation and relevance to the public and investors.
Moreover, we support your company in the process of formulating a Sustainability Strategy, to address the impact but also to demonstrate to stakeholders your commitment to the protection of the environment and communities.
Communicating a company's sustainability progress and impact is the final step in reporting. This step must be done in a transparent and consistent manner to ensure stakeholders are properly informed and to avoid greenwashing.
Who needs a sustainability report?
Companies obliged by CSRD or interested in communicating their efforts in the transition from the usual business model to a sustainable business model are the main beneficiaries.
In the case of companies that have the obligation to report, the regulations in the field establish a field of application that expands progressively, depending on the size of the company but also whether the entity is a public interest entity or not. Entities of public interest are:
- listed companies
- national companies/companies;
- companies with full or majority state capital;
- autonomous governments
- insurers
- credit institutions
Strategies and regulations underlying the sustainability report
The whole process highlights your organization's performance and contribution to European strategic targets on the environment, communities and corporate governance through comprehensive reporting, carried out according to the European Sustainability Reporting Standards (ESRS).
The main European regulations underlying the reporting are:
CSRD
EU Directive 2022/2464 establishing the main legislative framework for reporting sustainability information; at the national level, CSRD was transposed through OMFP 85/2024, but also through orders of the NBR related to the banking sector, respectively the ASF for the insurance sector.
ESRS
European reporting standards, developed by EFRAG (European Financial Reporting Advisory Group)
VSME
A voluntary reporting standard for unlisted microenterprises and SMEs, created to help them respond simply and efficiently to the increasingly frequent ESG data requirements from banks, investors and large clients.
EU taxonomy
EU Regulation 2020/852 establishing the framework facilitating sustainable investments
Why Sustainability Reporting is Important
Sustainability reporting is no longer just a communication tool, but a necessity imposed by European regulations and market requirements.
.01
Compliance with European legislation
New European regulations, in particular the Corporate Sustainability Reporting Directive (CSRD) , impose strict obligations on companies regarding transparency and reporting of ESG (Environmental, Social, and Governance) performance. Companies must comply with the ESRS (European Sustainability Reporting Standards) , and failure to comply with them may result in sanctions or loss of investor confidence.
.02
Easier access to financing
Investors and financial institutions are increasingly considering ESG criteria before deciding where to allocate resources. Companies that have a clear sustainability strategy and transparent reporting are more attractive to financiers and can benefit from more advantageous terms for loans and investments.
.03
Increasing Transparency and Improving Reputation
A well-written sustainability report provides a clear picture of a company's impact on the environment and society. Publishing this report demonstrates a commitment to responsible practices, strengthening the trust of stakeholders - customers, investors, partners and employees.
.04
Identifying and managing ESG risks
Sustainability reporting allows companies to identify environmental, social responsibility and governance risks. These risks may include:
Regulatory risks – Legislative changes may impose additional costs for unprepared companies.
Reputational risks – Unsustainable practices can lead to loss of trust from customers and partners.
Financial risks – The lack of solid ESG strategies can make access to capital more difficult and lead to a decrease in share value.
.05
Competitive advantage in the market
In a world where consumers are increasingly aware of the social and environmental impact of companies, clear and well-structured reporting can provide a competitive advantage. Companies that take responsibility for sustainability are preferred by consumers and business partners, thus gaining a stronger position in the market.
Stratos Services for Sustainable Business
Sustainability reporting is the process by which companies communicate their economic, environmental and social impact. It is becoming increasingly important, especially with the implementation of the CSRD (Corporate Sustainability Reporting Directive) in the European Union, which imposes new requirements for transparency and accountability.
Read moreUnderstanding the impact of carbon emissions on the atmosphere is essential. Through rigorous analysis, using internationally recognized standards such as the GHG Protocol, we identify and assess the carbon emissions generated by your business.
Read moreWe help you translate commitment into tangible action. By integrating environmental, social and governance principles into the structure, decisions and operations of your business, we facilitate a real and sustainable transformation, strengthening the reputation and contributing to the sustainable development of your organization.
Read moreDo you produce, import, distribute or sell packaged products on the EU market? Stratos establishes your role in PPWR, verifies PFAS risk and provides support in preparing the necessary documentation.
Read moreThe verification of activities in the context of DNSH principles is addressed to companies that wish to access European funds, including from the National Recovery and Resilience Plan (PNRR). Completing a DNSH audit is a mandatory step for obtaining these funds.
Read moreStratos helps you with Dual Materiality Analysis and preparing reporting and communication documentation of the company's efforts in the transition to a sustainable business model. Stratos also helps you in the process of identifying and implementing sustainable solutions and streamlining operational processes in this regard, as well as meeting EU regulations.
Read moreStratos specialists will: identify the necessary documents and obligations according to the nature of the products introduced on the market, analyze the documents and verify the compliance status, prepare the audit and necessary steps, and draft the compliance report.
Read moreStratos helps you with the development of application documentation for ISO Certification (procedures, work instructions, forms, manual), as well as staff training, facilitating the signing of the contract with the certification body, assistance in the certification audit, periodic maintenance in maintaining ISO 14001 standards .
Read moreDo you generate waste? Do you import packaged products? Do you need an environmental permit? Stratos checks everything: from waste records and declarations to the environmental fund to regulatory documents and reports to authorities.
Read moreStratos helps you comply with waste management legislation, both in terms of specific documents and reporting, as well as technically and operationally.
Read moreStratos Management's environmental managers will help you identify environmental issues specific to a wide range of fields of activity. Our specialists will also provide you with the most effective solutions, in accordance with environmental legislation and market requirements.
Read moreSustainability Articles
Frequent asked questions (FAQs)
Which companies are required to report CSRD?
According to Directive (EU) 2022/2464 on Corporate Sustainability Reporting (CSRD), the reporting obligation lies with:
- large companies that meet at least two of the following criteria:
- over 250 employees;
- net turnover of over EUR 50 million (correction – the updated threshold is EUR 50 million, not EUR 40 million);
- total assets over EUR 25 million (correction – the updated threshold is EUR 25 million, not EUR 20 million).
- entities listed on regulated markets in the EU (including listed SMEs, with some temporary exceptions);
- large subsidiaries of non-EU groups, if consolidated revenues in the EU exceed EUR 150 million (starting with the reporting for the financial year 2028).
What are the deadlines for preparing the sustainability report?
The CSRD implementation calendar is phased:
From 2025 (for the 2024 financial year): companies already subject to NFRD (Non-Financial Reporting Directive) reporting.
From 2026 (for the financial year 2025): other large companies that meet the criteria mentioned above.
From 2027 (for the financial year 2026): listed SMEs , small credit institutions and small insurance undertakings. They may postpone reporting until 2029 , according to transitional provisions.
From 2029 (for the financial year 2028): subsidiaries of non-EU companies with revenues >150 million EUR in the EU.
What does a sustainability report include?
The sustainability report must follow the ESRS (European Sustainability Reporting Standards) and cover the ESG areas – Environmental, Social, Governance , including:
Environmental aspects: carbon emissions (Scope 1, 2, 3), energy and resource consumption, waste management, circular economy, biodiversity, climate impact.
Social aspects: employee rights, health and safety, diversity and inclusion, relationship with local communities and supply chain.
Corporate governance: ethics, transparency, internal control mechanisms, risk management and ESG policies.
Transition strategy and climate risks: concrete plans for reducing environmental impact and adapting to climate requirements.
What are the costs for preparing the report?
Costs vary depending on:
the size of the company and the complexity of operations;
the quantity and quality of ESG data available;
the existence of an integrated management system (e.g. ISO 14001, ISO 50001, etc.);
the need to involve external consultants and an independent verifier (ESG audit).
In general, costs can start from EUR 3.000–5.000 for SMEs and exceed EUR 50.000 for large corporations with complex group-level reporting.
How long does the reporting process take?
The duration varies depending on the organization's ESG readiness:
companies that already collect ESG data can complete reporting in 2–4 months ;
Companies starting from scratch may need 6–12 months to establish processes, collect data, and validate information.
Recommendation: start planning early (at least 6 months before the legal deadline) to allocate internal resources and avoid delays.
