Non-financial reporting 

Are you breaking the law?

Large EU and UK organisations risk breaking the law if they don’t include a non-financial statement in their annual reporting.  Is your organisation actively managing its non-financial risks? And are you reporting your actions correctly?

Ensure compliance and reap benefits

For the past two years, legislation has required organisations with over 500 employees, (including traded companies, banks and insurers) to disclose non-financial information in the Strategic section of their annual report and accounts.  Organisations in scope are required to disclose policies, policy outcomes, risks and key performance indicators (KPIs) on the following:

  • Environmental matters
  • Social responsibility and treatment of employees
  • Respect for human rights
  • Anti-corruption and bribery
  • Diversity on company boards (age, gender, educational and professional background)

The benefits of ensuring compliance are clear: encouraging responsible business practices, increasing employee retention, enhancing transparency for stakeholders and delivering information increasingly being inspected investors.

Those not acting, are attracting negative attention from stakeholders, analysts and reporting regulators.

We can help you:

  • Establish if your organisation is in scope
  • Review the new reporting requirements and identify current gaps
  • Engage key stakeholders with appropriate knowledge of business model, risks and policies on relevant non-financial issues.
  • Create an action plan for capturing the additional data to be disclosed
  • Define Key Performance Indicators (KPIs) and set targets
  • Manage production of the narrative

Manage your environmental risk, encouraging responsible business practices.

Contact us

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I was impressed with the thoroughness and level of detail that our data set was analysed in. Presenting an extensive data set in an easy to use format was of great value in communicating the outcome of the work internally, and prioritising areas of the supply chain for future action.

Alan Sweeting, Global Health, Safety and Environment Senior Manager, Allen & Overy LLP

Avieco supported us in collating and organising data to develop a robust risk assessment process. They have been easy to work with, responsive to our requirements and pragmatic in their solutions.

Gijs Voskuilen, Head of Corporate Responsibility, Bunzl

Avieco has been the preferred environmental consultant since the beginning of our journey to become a sustainable company. Dentsu Aegis has worked with Avieco’s experts on various areas, such as carbon footprint reporting and assurance support, and recently also advised us how to switch our global network to renewable electricity. The team’s expertise on environmental sustainability is impressive, and the work delivered is always of highest standard.

Lars Holm, Global Senior Manager CSR, Dentsu Aegis Network

Avieco informatively led us through the processes needed to reduce our carbon footprint. With their clear and concise advice we have been able to effectively reduce our energy and waste levels. Avieco made the complex notion of energy efficiency into a manageable and achievable reality

Nigel Pink, Group Engineering Manager, Dominos UK & Ireland Ltd

Avieco delivered exactly the workshop we needed to get our sustainability team and regional leads on the same page when it comes to ‘market-based’ reporting. It’s a challenging area to tackle for a global business – particularly when we operate in a number of markets where there is little or no choice in terms of energy purchasing. Avieco has given us the knowledge and tools to ensure we get our disclosures right – they really exceeded my expectations for what we could achieve in one afternoon!

Dr Julia Rowe, Group Sustainability Advisor, Johnson Matthey

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