Corporate Sustainability Reporting Directive (CSRD)
Starting in 2027, Vebego will be required to disclose its social and environmental impact under the Corporate Sustainability Reporting Directive (CSRD). The essence of the CSRD is to ensure transparent and structured sustainability reporting. This involves documenting how we identify topics that are key to our sustainability strategy, setting out our governance and policies, explaining our targets and how we track our progress. The CSRD extends beyond our own operations, requiring us to assess our full value chain, from suppliers (upstream) to customers (downstream), and understand both how we affect the world and how sustainability risks and opportunities affect us.
Double materiality assessment
We identified our key strategic sustainability topics in a ‘double materiality assessment’ (DMA) conducted in 2024. The DMA is the cornerstone of CSRD reporting and examines impact materiality, i.e. the effects our organisation has on people and the planet, and financial materiality – the ways in which sustainability issues could pose risks and create opportunities for our business. Performing this kind of assessment requires using a wide range of approaches, depending on the sustainability topic and its stage in the value chain.
The key topics we have identified have been classified as follows:
Topics that are or will be included in our strategy and execution.
Topics where we are in the position we need to be in, and so the focus is on maintaining this position.
Topics with a lower priority that will be addressed later.
We did not update our DMA in 2025. Instead, we documented the assessment process and all the positions and assumptions underlying it. We will update the DMA in the second half of 2026 and conduct a stakeholder engagement process. The outcome will form the basis for reporting over 2027, the first reporting year over which we are required to comply with the CSRD.
Performance management
Once a topic has been included in our sustainability strategy, we must ensure effective performance management. This means setting targets, implementing actions, measuring progress against those targets and adjusting actions as needed. Below, we outline the status of some of our strategic topics.
