CSRD Timeline — What’s Next?

The CSRD legislative process is progressing, with the first reporting cycle expected for FY2024. Companies are beginning to plan data management and governance structures to meet new disclosure requirements.

• Materiality assessment and topic mapping in 2022.
• Gap analysis and pilot disclosures in 2023.
• First mandatory reporting in 2025 (covering FY2024).

PI supports organizations with templates and readiness workshops to simplify implementation.

Impact Measurement — Outlook for 2022

We expect 2022 to be the year when impact measurement moves from voluntary pilots to structured adoption. PI’s Impact Accounting Framework provides a foundation for consistent, monetized assessment across topics and sectors.

• Compatible with ESRS and IFRS S1/S2 principles.
• Enables aggregation of positive and negative impacts.
• Links impact data with business model and strategy.

PI Value & Risk Framework — Update

We expanded the Value & Risk Framework to better integrate impact results into financial analysis. The model now supports both direct and indirect linkages to financial statements and valuation metrics.

• Connects sustainability data with ROI, WACC, and asset valuation.
• Helps investors assess sustainability-adjusted performance.
• Facilitates board-level discussions on value creation and resilience.

Events & Partnerships

• Webinar: “CSRD Readiness 2022” — January 26 · Online.
• Workshop: “Impact Accounting Essentials” — February 10 · Cologne.
• Partnership announcement with the BVMW Commission for Energy & Sustainable Management.