At De Rossi Consulting, sustainability is a fundamental value that guides all our activities. We firmly believe that growth should always be sustainable – both in principle and in practice.
Starting in 2025, as regulatory requirements evolve, we will offer sustainability reporting audits included in the financial statement. Our goal is to support clients in making informed decisions and integrating Environmental, Social, and Governance (ESG) principles into their operations, ultimately enhancing business strategy, financial performance, and corporate transparency. We are also proud to announce that De Rossi Consulting has joined BCSDH (Business Council for Sustainable Development in Hungary), reinforcing our commitment to sustainability. Learn more here.
Who Is affected by the new regulations?
The CSRD (Corporate Sustainability Reporting Directive) aims to enhance transparency and provide more detailed sustainability reporting for companies significantly impacting the environment and society. The regulation applies to:
- Large companies operating in the EU, whose activities significantly shape economic and social ecosystems.
- Non-EU companies with subsidiaries in the EU, provided they have substantial business operations within the Union.
In Hungary, the definition of large enterprises is governed by the Accounting Act (Sztv). According to the provisions of the Sztv, a company is classified as a large enterprise in a given financial year if it meets at least two of the following three criteria:
✔ Net turnover: exceeds 20 billion HUF
✔ Balance sheet total: 10 billion HUF or more
✔ Employees: an average of 250 or more
Double materiality: why it matters
One of CSRD’s most significant changes is the introduction of the double materiality approach, which evaluates companies from two perspectives:
- Impact on the environment and society – how does the company contribute positively or negatively?
- Risks and opportunities for business operations – how do sustainability factors influence financial performance and long-term strategy?
This holistic approach ensures that reporting covers all relevant aspects of sustainability.
Sustainability: not just a requirement, but an opportunity
Think of sustainability as a strategic tool that benefits not only the environment but also the long-term success of your company. This approach offers numerous advantages, including:
✔ Cost savings – energy and resource-efficient solutions reduce operational expenses.
✔ Stronger brand reputation – consumers increasingly prefer businesses that demonstrate corporate responsibility.
✔ Engaged employees – people want to work for companies that contribute positively to communities and the planet.
✔ Investor confidence – transparent ESG goals and progress make businesses more attractive to investors.
✔ Competitive advantage – sustainability will soon be an essential standard rather than an option. Companies that adapt now will stay ahead.
The future of your Business starts today
Sustainable business practices are not just a vision for the future – they are a decision for today. Start taking the right steps toward long-term success now. Get in touch with us here.
