International Service Offerings
Advice on sustainability matters, reporting and ESG
Sustainability strategy, ESG risk assessment, CSR and sustainability reporting, supply chain due diligence – almost every day companies are confronted with all these buzzwords and need to deal with the ambiguity of their meaning and to what extent these topics are relevant for the business activities.
Regulatory frameworks and legal requirements such as the EU Green Deal, EU directives on sustainability reporting, supply chain laws, taxonomy, requirements from the financial sector and national legal requirements are putting immediate pressure on the companies and convey urgency to act.
Understanding and addressing all relevant sustainability issues and specific legal requirements and reporting obligations are serious challenges for most companies due to shortage of resources and lack of experience with these topics. External expertise and support can help to manage these challenges.
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Contact us
Thilo Marenbach
Partner I Executive Board Member I Tax Consultant I German Public Auditor I Sustainability-Auditor (IDW) in Düsseldorf
Phone: +49 211-90 86 70
Global Sustainability Reporting & Carbon Regulation Database
| Region / Country | Mandatory Reporting Threshold | Verified By | Last Verified |
| European Union | CSRD applies to companies with >1,000 employees and >€450m net turnover (Omnibus I, in force 26 Feb 2026). Non-EU groups in scope only if EU turnover >€450m and an EU subsidiary/branch has turnover >€200m. | Simona Reggiani | Aug 2026 |
| Bangladesh | Public interest entities (PIE) are permitted to use (not mandatory) IFRS S1 and S2. Criterion (either of the below): Workforce: 50 or more employees Revenue: BDT 50 crore or more Assets: BDT 30 crore or more Liabilities: BDT 10 crore or more | Dipta Dipayan Paul | Aug 2026 |
| China | Mandatory for constituents of the SSE 180, STAR 50 (Shanghai), SZSE 100 and ChiNext (Shenzhen) indices, plus all dual-listed issuers — roughly 450–460 companies (~half of listed market value). Beijing Stock Exchange (SME-focused) remains voluntary.All A-share listed companies controlled by central SOEs are required to issue a SASAC ESG Special Report (covers ~450 issuers). | Christian Wang | Aug 2026 |
| Region / Country | Applicable Sustainability Standards | Verified By | Last Verified |
| European Union | ESRS under CSRD. Simplified ESRS delegated act expected ~Sept 2026; first reports under the simplified standards cover FY2027 (published 2028). | Simona Reggiani | Aug 2026 |
| Bangladesh | Financial reporting standard is IFRS as issued; IFRS S1/S2 sustainability reporting is current practice for PIEs but assurance remains voluntary, not yet mandatory. Full migration to IFRS S1/S2 for all sustainability reporting is expected over time to stay consistent with financial reporting. | Dipta Dipayan Paul | Aug 2026 |
| China | China Sustainability Disclosure Standards (CSDS) — Basic Standard finalized Dec 2024 — and SSE/SZSE/BSE Sustainability Reporting Guidelines- The operational guidelines- structured around governance, strategy, impact/risk/opportunity management and metrics/targets; Architecture is broadly compatible with ESRS/ISSB, but with Chinese characteristics (e.g., ‘ecological civilisation’ narrative, dual-materiality, value-chain orientation).” |
Christian Wang | Aug 2026 |
| Region / Country | Carbon Footprint / GHG Reporting Requirements | Verified By | Last Verified |
| European Union | ESRS E1 requires Scope 1, 2 and 3 GHG disclosure and double materiality assessment for in-scope companies; requirement persists after Omnibus simplification, only the number of in-scope companies shrank. | Simona Reggiani | Aug 2026 |
| Bangladesh | Uneven practice: banking sector (central-bank driven) has reported ESG data for 2–3 years, mostly starting from GRI and migrating toward IFRS S1/S2; Scope 3 emissions remain a major gap, with banks relying on unrealistic proxy data for their loan portfolios. | Dipta Dipayan Paul | Aug 2026 |
| China | Dual-materiality approach; Scope 1 and 2 GHG emissions disclosure mandatory for in-scope issuers. First mandatory reports (covering FY2025) are due 30 April 2026. | Christian Wang | Aug 2026 |
| Region / Country | Carbon Market Status | Verified By | Last Verified |
| European Union | EU ETS: most mature compliance market globally; ETS2 (buildings/road transport/fuels) scheduled from 2027. | Simona Reggiani | Aug 2026 |
| Bangladesh | No domestic carbon market. | Dipta Dipayan Paul | Aug 2026 |
| China | National ETS operating since 2021, now covering power generation plus (since March 2025) steel, cement and aluminium — 8.3 billion tCO2 (published July 2026), ~over 65% of national emissions; system will start shifting from an intensity-based to an absolute cap from 2027. | Christian Wang | Aug 2026 |
| Region / Country | Carbon Tax / CBAM Exposure | Verified By | Last Verified |
| European Union | CBAM definitive phase in force since Jan 2026 (transitional phase ran 2023–2025); covers cement, iron & steel, aluminium, fertilisers, hydrogen and electricity imports; importers must purchase CBAM certificates, first financial settlement in 2027. | Simona Reggiani | Aug 2026 |
| Bangladesh | No domestic carbon tax or carbon market. While Bangladesh’s immediate financial exposure under CBAM is minimal, the country faces severe structural risk as the EU, its largest export market, plans to expand the mechanism to apparel by 2028-2030. Studies project an additional carbon cost of 4.5% to 4.8% on garment exports if current grid emission levels persist. Overall business awareness and Scope 1-3 carbon reporting readiness among local suppliers remain low. | Dipta Dipayan Paul | Aug 2026 |
| China | No separate national carbon tax; carbon pricing runs through the ETS. China is under pressure to strengthen domestic carbon pricing partly to keep CBAM-related revenue onshore rather than paying it to the EU on exports. | Christian Wang | Aug 2026 |
| Region / Country | Opportunities for the Network | Verified By | Last Verified |
| European Union | CBAM auditors; Limited Assurance engagements; Assistance in drafting the Sustainibility Reports | Simona Reggiani | Aug 2026 |
| Bangladesh | CBAM auditors; Limited Assurance engagements; Assistance in drafting the Sustainability Reports/Disclosures | Dipta Dipayan Paul | Aug 2026 |
| China | No engagement up to now. While most SMEs are not yet directly bound by binding legislation like the Corporate Sustainability Reporting Directive (CSRD), they face mounting indirect pressure from larger corporate clients, financial institutions, and consumers.There should be opportunities for ESG related business in the next 5 years. | Christian Wang | Aug 2026 |
What do we offer?
Our consultants working have many years of experience with these topics. We support you in managing your sustainability activities. Starting with gaining transparency on the current status of ESG activities in your company including your supply chain we support you in
- Developing a long-term sustainability strategy based on ESG risk assessments
- Implementing your sustainability program
- Setting up your sustainability or supply chain reporting based on ESG standards or other specific legal requirements.
- Audits of the non-financial reporting
- Sustainable IT developments with a focus in certifications for data centers
- ESG delegate