ESRS
What is ESRS ?
ESRS Certification is the recognition that a company’s sustainability reporting complies with the European Sustainability Reporting Standards (ESRS), which are part of the European Union’s Corporate Sustainability Reporting Directive (CSRD). These standards are designed to bring consistency, transparency, and accountability in how organizations disclose their environmental, social, and governance (ESG) performance. ESRS Certification ensures that a company’s sustainability data is accurate, verifiable, and aligned with EU regulations. It helps businesses demonstrate their commitment to responsible practices, enhances investor and stakeholder trust, and ensures comparability across industries. For companies operating in or with the EU, ESRS Certification is becoming an essential requirement to remain compliant, competitive, and credible in the global sustainability landscape.
Benefits of ESRS
- Regulatory Compliance – Ensures your company meets EU’s Corporate Sustainability Reporting Directive (CSRD) requirements.
- Enhanced Transparency – Builds trust with stakeholders through accurate and verifiable sustainability reporting.
- Investor Confidence – Attracts responsible investors by showcasing credible ESG performance.
- Competitive Advantage – Positions your business as a sustainability leader in the global market.
- Risk Management – Helps identify and address environmental, social, and governance risks proactively.
- Global Alignment – Aligns reporting with international frameworks like GRI, ISSB, and SASB.
Who Can Apply for ESRS ?
- Large companies based in the European Union
- EU-listed SMEs (Small and Medium-sized Enterprises)
- Non-EU companies with significant operations or turnover in the EU
- Financial institutions and banks
- Public interest entities and listed companies
- Organizations seeking to align with EU sustainability and ESG reporting requirements
ESRS Documents Requirements
- Preferred methods for data collection
- Data collection procedures, tools, and guidance materials
- Compile and review facility data
- Estimate missing data to fill gaps
- Choose emissions factors
- Calculate emissions
- Regulatory Licenses Copy & Certifications
- Management Certification
- Product Certification
- Industry Certification
- Compliance Report License
How Shamkris Group will help you in ESRS ?
- Consultation and Guidance:
Shamkris Group may provide consultation services, offering guidance on Responsible Steel Certification requirements, methodologies, and best practices for accurate and compliant carbon emissions reporting in the steel production industry.
- Data Management Solutions:
Assistance in developing and implementing robust data management systems to collect, analyze, and report on emissions data for Responsible Steel Certification, ensuring accuracy, reliability, and compliance with the certification standards.
- Training and Capacity Building:
Provision of training programs for employees to enhance their understanding of Responsible Steel Certification, helping ensure the proper implementation of emission reduction practices and alignment with certification standards within the organization.
- Verification Support:
Support in the verification process, which is a crucial aspect of Responsible Steel Certification. This may involve collaborating with third-party verifiers and the National Institute of Secondary Steel Technology (NISST) to ensure that the reported emissions data meets the required standards.
- Technology Integration:
Assistance in adopting and integrating technologies that facilitate efficient and accurate emissions accounting, reporting, and reduction, making the transition to Responsible Steel Certification practices smoother and more effective.
- Stakeholder Engagement:
Strategies to engage stakeholders, including suppliers, customers, and partners, in the Responsible Steel Certification process. This may involve creating communication plans and collaboration initiatives to ensure the successful adoption of sustainable steel production practices.
- Continuous Improvement:
Support in implementing continuous improvement strategies to enhance the accuracy, efficiency, and sustainability of emissions reporting over time, ensuring that steel production continually meets or exceeds Responsible Steel Certification requirements.
- Compliance Management:
Assistance in staying informed about changes in Responsible Steel Certification standards, thresholds, and other relevant regulations, ensuring ongoing compliance and adaptability as the industry moves toward net-zero emissions.
- Customized Reporting Solutions:
Development of tailored reporting solutions to meet the specific needs of steel producers, ensuring their emissions data and sustainability practices are accurately captured and presented in line with Responsible Steel Certification.
- Sustainability Strategy Integration:
Integration of Responsible Steel Certification into the broader sustainability strategy of the organization, aligning emissions reductions with overall corporate environmental goals and positioning the company as a leader in sustainable steel production.