Greifenberg/Munich, February 17, 2025 | DFGE – Institute for Energy, Ecology and Economy is pleased to announce its official recognition as a “Friend of EFRAG” in the field of sustainability reporting. This recognition underlines DFGE’s commitment to transparent and standardized sustainability reporting and its support of the mission of the European Financial Reporting Advisory Group (EFRAG).
EFRAG has launched the “Friends of EFRAG” initiative to offer organizations the opportunity to express their individual support for EFRAG’s mission and reporting activities.
As a long-standing player in sustainability management, emissions calculations and environmental reporting, DFGE supports companies in meeting international standards such as the Global Reporting Initiative (GRI), participating in reporting initiatives such as the Carbon Disclosure Project (CDP), integrating supply chains through EcoVadis or setting climate targets with the Science Based Targets Initiative (SBTi). The aim of DFGE is to support companies on their path to more sustainable business practices and to strengthen their economic and social responsibility in the process.
The harmonization of reporting standards at European and international level is crucial to ensure comparability, transparency and credibility. EFRAG is working to align the ESRS with global benchmarks to improve international comparability. With this in mind, DFGE welcomes EFRAG’s mandate to drive the development of ambitious, clear and relevant standards such as the European Sustainability Reporting Standards (ESRS) as part of the Corporate Sustainability Reporting Directive (CSRD).
Dr.-Ing. Thomas Fleissner, founder and Managing Director of DFGE, emphasizes: “It is a great honour for us to be recognized as a ‘Friend of EFRAG’. This award confirms our commitment to fact-based sustainability over the last 25 years. The collaboration with EFRAG enables us to actively participate in the design of future reporting standards and to contribute our expertise, ultimately providing our clients with even better holistic support in the changing regulatory environment and the adaptation of reporting standards. Our task is to “translate” the complexity of the regulations for our clients into the essential and important tasks for greater sustainability.”
The sustainability reporting standards developed by EFRAG make it easier for companies to integrate ESG criteria into their financial reporting. Reports based on these standards provide stakeholders such as investors, banks and potential employees with a more comprehensive and transparent view of a company’s sustainability performance. EFRAG provides technical expertise, access and guidance to help companies implement the European Sustainability Reporting Standards (ESRS). EFRAG’s support helps companies to better prepare for upcoming sustainability reporting requirements while improving their own sustainability performance.
Further information on the partnership and the services offered can be found at www.dfge.de and https://www.efrag.org/en/about-us/friends-of-efrag.
Interested parties can find out more about:
- EFRAG: Friends of EFRAG
- CSRD Information and Services of DFGE
- ESRS – European Sustainability Reporting Standards
About DFGE
Founded in 1999 as a spin-off of the Technical University of Munich, DFGE – Institute for Energy, Ecology and Economy offers consulting services in the field of sustainability. Our “Sustainability Intelligence” offering includes calculation management, reporting solutions and strategy development and aims to bundle the effort for participation in several sustainability/CSR standards and rankings such as CDP, UNGC, DJSI, EcoVadis or GRI and to develop overarching strategies such as a sustainability strategy in accordance with the SDGs. Furthermore, DFGE is the only CDP partner for SBTs to provide its customers with holistic support on the topic of climate strategy and helps them to operate in a CO2-neutral manner at product level or company-wide. For the AI-supported future of CSR management, DFGE relies on the big data approach and machine learning. Its clients include international companies (DAX and Fortune 500) as well as SMEs and public institutions.
About EFRAG
The European Financial Reporting Advisory Group (EFRAG) was founded in 2001 and works closely with the European Commission to develop and promote high quality financial and sustainability reporting standards. EFRAG plays a key role in the development of the European Sustainability Reporting Standards (ESRS), which help companies to meet the requirements of the Corporate Sustainability Reporting Directive (CSRD).
DFGE accepts no liability for the accuracy or completeness of the information provided herein. All opinions and estimates in this report reflect DFGE’s judgment only as of the date of publication and are subject to change without notice. DFGE assumes no liability for errors, omissions or inaccuracies in the content and interpretation of this report. All trademarks are registered trademarks and are the property of their respective owners.
Contact for information | DFGE – Institute for Energy, Ecology and Economy
Wolfgang Berger
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86926 Greifenberg / Munich
Phone +49.8192.99733-20
Mail
PR Contact | DFGE – Institute for Energy, Ecology and Economy
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Phone +49.8192.99733-20
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