- 20/12/2024
- Posted by: Gaetan Dermien
- Category: Uncategorized
The Corporate Sustainability Reporting Directive (CSRD) is a European directive that requires companies to publish comprehensive reports on their sustainability performance. It expands and strengthens the requirements of the previous Non-Financial Reporting Directive, in particular by introducing dual materiality analyses, covering both the impact of the company’s activities on the environment and society, and the risks these issues pose to the company itself. The CSRD will be phased in by 2026 and already affects thousands of companies in the European Union. This obligation is part of a broader vision of the European Union to align economic activities with the Sustainable Development Goals (SDGs) and the commitments of the Green Deal for Europe.
A strategic partnership between COLEAD and Groupe Omer-Decugis & Cie (Groupe OD)
Within this demanding regulatory framework, Groupe Omer-Decugis & Cie has entrusted COLEAD with the development of a sustainability reporting framework. This partnership is based on a shared ambition: to go beyond legal obligations and turn these constraints into opportunities for sustainable progress. The OD Group aims to become a benchmark in sustainability, integrating social and environmental objectives into its practices and creating a positive impact in all its activities.
Mission objectives
COLEAD’s mandate is to establish a robust and operational reporting framework in line with the requirements of the CSRD. This framework includes :
- A detailed mapping of issues and impacts using a dual materiality approach ;
- The definition of meaningful and contextualised indicators, accompanied by ambitious and achievable targets ;
- Involving internal and external stakeholders to ensure consistency and buy-in.
A positive impact for all stakeholders
The OD Group’s ambition is clear: to capitalise on its historic commitment to sustainability to strengthen its leadership position while contributing to a better world. With COLEAD’s support, the Group intends not only to meet its regulatory obligations, but also to structure its approach for the long term to maximise its social and environmental impact.
The year 2025 will mark not only the 175th anniversary of Groupe Omer-Decugis & Cie, but also a new stage in its commitment to integrated and exemplary sustainability. Through this strategic collaboration, the Group is positioning itself as a key player in the transition to a more responsible future.
At the same time, COLEAD is strengthening its expertise in supporting international companies that need to integrate new European regulatory requirements and transform a legal obligation into a sustainable development project for all stakeholders, especially for vulnerable communities of suppliers of agrifood products in low- and middle-income countries.