Sustainability reporting and disclosure consulting
The concept of sustainability is becoming increasingly relevant for every company, and regulations as well as reporting requirements are continuously expanding. Audifina’s sustainability experts will provide consultations and assess large companies or corporate groups regarding the requirements set by national and EU legislation. We help identify economic activities in accordance with the Taxonomy Regulation, calculate the required indicators, and present them in the annual report.
Who is required to provide sustainability information?
From financial year 2024
Large companies:
- Listed companies
- Banks, central credit unions, insurance and reinsurance companies
- Companies with more than 500 employees and:
- more than €25 million in assets, or
- more than €50 million in annual turnover
Parent companies of large groups:
- Same categories as above
- The same size criteria apply
From financial year 2025
Large companies:
- Listed companies
- Banks, central credit unions, insurance and reinsurance companies
- Public limited liability companies (AB), private limited liability companies (UAB), state‑ or municipality‑owned companies, general and limited partnerships whose general partners are AB or UAB
- Companies with more than 500 employees and:
- €25 million in assets
- €50 million in turnover
- more than 250 employees
Parent companies of large groups:
- Same categories as above
- The same threshold criteria apply to the parent company
From financial year 2026
Medium‑sized listed companies:
- Must meet at least 2 of the following criteria:
- more than €5 million and ≤€25 million in assets
- more than €10 million and ≤€50 million in turnover
- more than 50 and ≤250 employees
Small listed companies:
- Must meet at least 2 of the following criteria:
- more than €450,000 and ≤€5 million in assets
- more than €900,000 and ≤€10 million in turnover
- more than 10 and ≤50 employees
Report Submission
- Sustainability information is part of the management report.
- It must be submitted to the Register of Legal Entities within 5 months after the end of the financial year.
- It must also be published on the company’s website.
Not yet required to submit a sustainability report?
If your company is not yet subject to sustainability disclosure requirements, it is worthwhile to start preparing in advance.
We can help you:
- Assess your current situation
- Develop a sustainability strategy, policies, and procedures
- Identify, calculate, and monitor key performance indicators (KPIs)
- Prepare a disclosure methodology in line with EU standards
EU Standards and Materiality Assessment
- Impact materiality – the company’s impact on the environment and society
- Financial materiality – sustainability‑related impacts that may affect the company financially
