KPMG has issued a benchmarking assessment on the level of compliance with the ESRS metrics in 25 CSRD-aligned sustainability statements issued by Danish companies this year.
Overall, it found a high level of compliance on quantitative metrics across the 12 topical standards.
All 25 companies assessed E1 (Climate Change) and S1 (Own Workforce) as material for disclosure, whilst 24 deemed G1 (Business Conduct) to be material. There was more variation in the number of companies that reported against the other topical standards.
On E1, KPMG found a high level of compliance but highlighted two gaps in the reporting. First, most companies have not disclosed a structured assessment of their resilience to climate change. In addition, many did not outline a clear roadmap for their transition to a low-carbon business mode.
Similarly, there was a high level of compliance with S1 but disclosures on the gender pay gap do “not fully meet the expected compliance level”.
The highest overall compliance level was with G1, whilst the lowest compliance level was with E2 (Pollution).