A photo of a building under construction

Real Estate and Construction

 

The 2024 EU ESG (Environmental, Social, and Governance) reporting standards (under the Corporate Sustainability Reporting Directive CSRD), will have a significant impact on the construction industry As part of the broader EU Green Deal and the move towards more sustainable business practices, these updated regulations are designed to improve transparency, accountability, and sustainability across various sectors, including construction.  The construction industry is particularly affected by increasing reporting requirements due to its substantial environmental impact, complex supply chains, and the considerations relating to labour and safety standards. 

The Challenge

 

Construction and real estate companies of all sizes will need to adapt to stricter environmental regulations, improve their social responsibility initiatives, and strengthen their governance practices.   

Those that successfully align with the new standards will be better positioned to attract investment, win contracts, and ensure long-term business success in an increasingly ESG-focused market. 

Our Solution

Unannounced Site Inspections

By conducting unannounced inspections at manufacturing sites or supplier facilities, we can verify for companies that ESG standards are being met.

Improving Supply Chain Transparency

Our Ground Truth Reporting can ensure that suppliers are using sustainable practices, such as responsible forestry or mining methods that minimise environmental harm. 

Fair Labour Assessment

We can assess labour conditions across your supply chain, ensuring that workers are treated ethically, receive fair wages, and work in safe environments

Two men in high vis on the concrete floor of a building overlooking the rainforest, backs to camera

The Outcome

 

Ground Truth Reporting serves as a critical tool for construction companies aiming to meet the 2024 EU ESG reporting standards.  By offering real-time, accurate insights into the supply chain, it enables companies to:

  • Ensure compliance with complex regulations.
  • Enhance data accuracy and improve stakeholder trust.
  • Gain a competitive advantage in an industry where sustainability is increasingly valued.
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Countries

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Independent Inspectors

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Source of Truth

What our Clients Say

“Ground Truth Reporting has given us the insights we need to effectively monitor our environmental impact and labour conditions.  This transparency not only ensures compliance with regulations but allows us to communicate our ESG initiatives clearly to investors and stakeholders.”

A Bartlett, Sustainability Manager

Find out how Ground Truth Reporting can help you.

For more information about our work with the Fashion and Retail industry, please contact us here.