ESG advisory services
ESRS gap analysis
Ensure CSRD compliance and drive business benefit from your ESG reporting
Enquire about a free data & reporting workshopBridge the gap between current reporting and full ESRS compliance
The European Sustainability Reporting Standards (ESRS), introduced under the Corporate Sustainability Reporting Directive (CSRD), set a new benchmark for corporate transparency and accountability.
For businesses operating in the UK and EU, understanding where you stand against these requirements is critical.
Our ESRS Gap Analysis service helps large organisations assess their current ESG disclosures, identify reporting gaps, and develop a clear roadmap to compliance—ensuring your business is fully prepared for upcoming regulatory deadlines.
Why conduct an ESRS Gap Analysis?
- Double Materiality Alignment: We recommend you conduct a CSRD compliant Double Materiality Assessment to ensure consideration of both internal impacts (environmental & social) and external factors (financial & stakeholder concerns).
- Targeted Assessment: Identify gaps relevant to the most material sustainability issues highlighted from your DMA, focusing on data points crucial for stakeholder engagement and business benefit.
- Data-Driven Insights: Leverage insights from your DMA and existing data management practices to prioritise data collection and reporting efforts.
- Enhanced Stakeholder Engagement: Our process incorporates collaboration with your data owners, empowering them to understand the sustainability behind ESRS reporting.
- Improved Reporting Efficiency: Equip your data owners with the resources they need to quickly and accurately map their data to the ESRS landscape.
How we support your Gap Analysis
DMA & data management review workshop (2 hours)
We work with your team to understand your DMA, data collection processes, and reporting infrastructure, focusing on alignment with ESRS requirements.
Data owner collaboration sessions
We conduct targeted sessions with your data owners (across multiple divisions if needed) to:
- Explain the sustainability context and importance of ESRS reporting.
- Identify relevant data points within their domain and map them to the ESRS standards.
- Provide resources and support to facilitate efficient data mapping.
Materiality gap analysis
We meticulously analyse your current reporting practices against the ESRS standards, pinpointing any gaps related to the materiality aspects identified in your DMA and considering stakeholder needs.
Actionable recommendations
Receive a clear and concise report outlining identified gaps, along with practical recommendations for addressing them efficiently while considering the impact on your stakeholders.
Benefit from our expertise for your accuracy and efficiency
Our ESRS Gap Analysis service equips you with the knowledge and tools to navigate the new standards with ease, while fostering stakeholder alignment.
Strategic focus
Ensure your ESRS reporting focuses on the most impactful sustainability issues based on your DMA and stakeholder concerns
Streamlined process
Save time and resources by prioritising gaps based on materiality, ease of implementation, and stakeholder needs
Data driven & collaborative
Leverage existing data insights from your DMA and empower data owners for effective data mapping
Enhanced stakeholder engagement
Foster trust and transparency with stakeholders through a collaborative and informed reporting process
Reduced compliance risk
Confidently navigate the new reporting landscape with a clear path to ESRS compliance
Accelerate business benefit
Establish a platform and process to drive performance and cost savings from your data
Ask us about support for your ESRS gap analysis
If you think you need help conducting ESRS gap analysis, get in touch on the form here, and we’ll get straight back to you to see how we can help:
Your ESG team
Ikano Insight’s team of expert sustainability consultants will guide your business through all aspects of sustainability strategy, from data management to GHG calculations, framework reporting to legislative audits and compliance, and software implementation to business performance improvement.
Our team are there to help you every step of the way, as little or as much as you need, on your sustainability journey.
Head of Sustainability
Peter Jones
peter.jones@insight.ikano
Snr Sustainability Business Analyst
Innes Christison
innes.christison@insight.ikano
Sustainability Business Analyst
Emily Blenkley
emily.blenkley@insight.ikano
Head of Sales
Jonathan Otter
jonathan.otter@insight.ikano
Peter Jones
Head of Sustainability
Innes Christison
Snr Sustainability Business Analyst
Emily Blenkley
Sustainability Business Analyst
Jonathan Otter
Head of Sales
Frequently asked questions
What is an ESRS Gap Analysis, and why is it important?
An ESRS Gap Analysis is a structured assessment that compares your current ESG reporting practices with the European Sustainability Reporting Standards (ESRS) requirements.
It helps identify missing data, disclosure gaps, and areas for improvement, ensuring compliance with the Corporate Sustainability Reporting Directive (CSRD) and enhancing transparency for stakeholders.
Who needs to conduct an ESRS Gap Analysis?
Any organisation subject to the CSRD, including large UK and EU companies, financial institutions, and certain non-EU businesses with significant operations in the EU.
Companies preparing for ESG reporting or improving sustainability disclosures also benefit from an ESRS Gap Analysis.
What are the key steps involved in an ESRS Gap Analysis?
A typical ESRS Gap Analysis includes:
- Reviewing current ESG disclosures against ESRS requirements.
- Identifying gaps in sustainability data and reporting.
- Benchmarking against industry best practices and regulatory expectations.
- Engaging stakeholders to align reporting with material sustainability topics.
- Developing an action plan to bridge identified gaps and enhance ESG performance.
How long does an ESRS Gap Analysis take?
The timeline depends on the complexity of your organisation’s ESG reporting.
A basic gap analysis may take 4–6 weeks, while a more detailed assessment, including stakeholder engagement and strategic planning, can take several months.
What happens after an ESRS Gap Analysis?
Following the gap analysis, you receive a detailed report outlining compliance gaps, priority actions, and recommendations.
Our team can support you in implementing improvements, enhancing ESG data management, and preparing for ESRS-aligned reporting to ensure a smooth transition to full compliance.
Book a free ESG data and reporting workshop
Do you need to define your ESG reporting requirements, and map your ESG data landscape?
Our free workshop will help you engage and educate key stakeholders, and produce a high-level roadmap with prioritised actions.
Related products
Double materiality assessments
Know the material ESG impacts and risks in your business and be ready for CSRD
ESG process & technology scoping
Map data, hierarchies and processes to define your reporting needs and technology required
Sustainability strategy advisory service
Build the right sustainability strategy for your business, be fully compliant, and become a better business
Let’s chat!
If you’d like to chat with us to see how we can help you achieve your sustainability goals, including measurement, reporting and compliance, just pick a time that suits you in Peter’s calendar.
Peter Jones
Sustainability discussion
Chat with Head of Sustainability Peter Jones, about your sustainability requirements, at a time that suits you. And see the IBM Envizi platform for yourself in a quick demo.
30mins
Online web chat
Review your sustainability objectives, challenges and see which tools or services would match your needs.
Get in touchLet’s chat!
If you’d like to chat with us to see how we can help you achieve your sustainability goals, including measurement, reporting and compliance, just pick a time that suits you in Peter’s calendar.
Review your sustainability objectives, challenges and see which tools or services would match your needs.
