Comprehensive audit services for voluntary or statutory sustainability reports and processes

Such audits increase the credibility of reporting, make an important contribution to promoting transparency, and ensure high-quality content.

Understanding the processes and responsibilities within the company that are relevant to the preparation of the sustainability report

Assessment of material information

Performing analytical audit procedures, e.g., in the form of interviews with relevant employees and based on selected information

Reconciliation with financial reporting to ensure consistency and completeness

Evaluating methods and assumptions used in preparing significant estimates and forward-looking information

Reviewing the structure and presentation of information

Procedures for meeting the requirements of the EU taxonomy (identification of taxonomy-eligible and taxonomy-compliant activities, and collection and calculation of key figures)

Contact persons: Carsten Niehues (carsten.niehues@falk-co.de), Lars Viebrock (lars.viebrock@falk-co.de), Sebastian Schaaf (sebastian.schaaf@falk-co.de)

Efficient support and correct implementation

Audit support during the introduction of sustainability reporting helps you to implement the sometimes complex regulatory requirements early, correctly, and efficiently. This begins in the preparatory phase and includes, among other things:

Reviewing project plans

Defining the scope of consolidation

Performing a double materiality analysis

Collecting the necessary data

Setting up an internal control system for sustainability reporting

Continuous support and audit feedback

Validating methods, concepts, processes, data, and documentation

Pointing out mandatory procedures to ensure compliance with ESRS requirements

Ongoing review of documentation

Quality assurance for sustainability reporting to meet the highest standards

We support our clients in reviewing individual processes and milestones in the context of sustainability reporting to ensure that the specified methodology is applied and that the content of the reports is of high quality.

Review of the approach and results of the double materiality analysis (methods, scope, process, documentation)

Review of the internal control system for sustainability reporting

Review of the data collection process, including data management and IT systems for ESG data

Review of the structure and presentation of the sustainability report

Review of the approach to meeting the requirements of the EU taxonomy (identification of taxonomy-eligible and compliant activities and collection of key figures)

The joint venture FALK Momentum is a collaboration between FALK and Momentum Novum.

Together, we combine the expertise of a strategy consultancy specializing in sustainability and a renowned auditing firm. We focus on medium-sized companies and groups of companies.

We offer a comprehensive portfolio of consulting services across the ESG spectrum, enabling us to cover the entire range of sustainability consulting, from strategy and implementation to reporting.

FALK Momentum | Contact: Dr. Maximilian Jungmann (jungmann@momentumnovum.com)