CSRD Compliance for Saman Groep
As a reliable partner in the energy transition, Saman Groep offers a wide range of sustainable solutions, such as solar panels, heat pumps and home batteries, to make homes and businesses more energy efficient. Making sustainable energy accessible, that's what Saman Groep is going for! Since 2004, Saman Groep has been providing energy with products that enable society to switch to sustainable energy. Currently, their solar panels supply more than 15,000 households with electricity each year, and their other products like the heat pumps save their customers more than 1,000,000 m³ of natural gas each year. As a total installer, they are now a sustainable partner for both private and business customers and help them take steps in the energy transition.
Challenge
With the 2025 deadline approaching, Saman Groep must adhere to the new European Corporate Sustainability Reporting Directive (CSRD). This directive revises and strengthens the rules around ESG reporting, and Saman Groep now faces a limited period to align with these requirements. The complexity and novelty of the CSRD present a challenge for many businesses. Good Growth Collective offers the expertise and resources to help Saman Groep navigate these challenges and achieve full compliance with the CSRD.
Step 1: Setting up a CSRD-team
The first step in the process is forming a CSRD team. This team is composed of representatives from various departments within the company to ensure a broad and inclusive range of opinions and perspectives.
Step 2: Double Materiality Analysis
- Impact assessment: during the impact assessment potentially relevant sustainability topics are identified for Saman Groep.
- Stakeholder engagement: To incorporate stakeholder opinions, an online survey is sent out. This allows key stakeholders to provide input on what they view as critical sustainability issues.
- Scoring Impacts, Risks, and Opportunities (IRO): For each potentially important topic, the significance is determined based on both impact materiality and financial materiality.
- Materiality matrix: Based on the scores and the established thresholds, a materiality matrix is created, which highlights the material sustainability topics for Saman Groep.
Step 3: Gap Analysis
After identifying the material topics, the next step is to assess which data points are already available and which are missing. The gap analysis identifies any management, data, or disclosure gaps, ensuring that all necessary information is gathered promptly to meet CSRD compliance requirements.
Step 4: CSRD Roadmap
The final step involves creating the CSRD Roadmap. This roadmap outlines the necessary next steps for Saman Groep to gather all the required data for CSRD compliance. The roadmap provides a clear overview of the actions that need to be taken to meet the compliance requirements. This roadmap serves as the second key deliverable in this process.
Results
- Double Materiality Assessment (DMA) and identification of the material sustainability topics that are most important for Saman Groep's CSRD report
- Engagement of Saman Groep's stakeholders in the trajectory towards CSRD compliance and future development of sustainability strategies
- GAP identification of the important data points and disclosure requirements for which Saman Groep has to collect data and set policies, action plans and targets
- CSRD roadmap for the next steps towards CSRD compliance and sustainability
*in-person meetings take place in our Amsterdam office on Warmoesstraat 149-151