Your SME is no longer subject to mandatory CSRD reporting – what now?
Otto Lehtipuu outlines the available options, what expectations still apply to your company, and how to move forward sensibly with sustainability reporting.
Sustainability
CSRD and Omnibus – what changed and what it means for companies in 2026
The EU Omnibus I directive is now in force, significantly narrowing the scope of mandatory CSRD reporting. Learn everything your company needs to know.
Clarity over product emissions and climate risk for Axkid
Greenstep has been supporting Axkid in its sustainability work, including Life Cycle Assessments, carbon footprint calculations, and climate risk assessment.
EFRAG has published the simplified ESRS drafts
Structure of the standards Structure of the standards is clarified to eliminate repetition in the standard and later in the report. This has resulted in reorganizing Minimum disclosure requirements (MDRs) and Policies, Actions and Targets (PATs) that are renamed General disclosure requirements (GDRs) and presented in ESRS 2. Materiality assessment Top down-approach preferred in the […]
What Is a Climate Transition Plan and Why Your Business Needs One
A climate transition plan is that route map: it shows out how your company will move from today’s way of working to a future where it can operate and grow in a low‑carbon, climate‑resilient economy. What is a climate transition plan? In practical terms, a climate transition plan explains how your business can lower its […]
EU Omnibus Directive – November 2025 Update
What is the Omnibus package about? The CSRD (Corporate Sustainability Reporting Directive) came into effect on 1 January 2023 and requires large companies to report on their environmental and social impacts (ESG). However, the reporting obligations have increased administrative burdens for businesses. In response, in February 2025, the European Commission published the Omnibus package, which […]
CBAM – A New Tool for Sustainable Value Chains
CBAM – what is it and why does it matter? CBAM (Carbon Border Adjustment Mechanism) = An EU rule that makes companies pay for the carbon emissions of certain goods produced outside the EU. It helps stop companies from moving production to countries with weaker climate rules, and ensures fair competition. CBAM is the EU’s […]
Understand your climate risks and prepare for the future with a climate risk assessment
A strong example of why climate risk matters to companies is the surge in extreme weather events, causing direct financial losses and operational disruptions across industries. In 2023, Hurricane Otis devastated Acapulco, Mexico, damaging 80% of hotels and causing an estimated $16 billion in losses. Wildfires in Los Angeles led to $250–275 billion in economic […]
LCA or EPD? What Businesses Need to Know
What is a Life Cycle Assesment (LCA)? Life Cycle Assessment is a detailed, standardized method to measure a product’s environmental impacts across its entire life – from raw materials and production to use and disposal. LCAs follow international standards (ISO 14040 and 14044) to ensure reliable results. They assess factors such as carbon emissions, water […]