One of the major goals of CSRD regulation is the ability to compare performance between companies. In this article I decided to have a look at specifically S1 quantitative reporting for CSRD publications. As S1 is one of the most commonly chosen ESRS topic standards it feels like a great place to start. I focused on how companies decided to publish tables within the regulatory requirements. 

The following 6 reports were assessed: 

• Aalberts FY 24 Report
• Achmea FY 24 Report
• Euronext FY 24 Report
• Gränges FY 24 Report
• RELX FY24 Report
• Subsea7

The analysis specifically considers x3 of the quantitative S “Metrics and Targets” disclosure requirements: 

• S1-6: Characteristics of an undertakings employees
• S1-8: Collective Bargaining
• S1-13: Training and skills development metrics

Challenges discovered: 

• One immediate challenge is within the companies I discovered, the way data was published within S1-6 in particular showed quite a bit of variability. Different combinations of data were presented depending on what company’s disclosure you were assessing. 
• Some companies chose to scatter the data point tables across multiple pages and some decided to place them all next to each other (I preferred when placed next to each other)
• Only some companies used the disclosure requirement codes within their disclosure e.g. [S1-6], [S1-8], [S1-13] etc. 

What does this article include: 

• The text of the disclosure requirement. 
• Table examples for S1-6, S1-8, S1-13
• Examples from the EFRAG guidance on how to publish tables

Want to use Nossa Data to streamline your ESRS disclosure for S-1 Quantitative Data? Get in touch at solutions@nossadata.com

S1-6

What does the disclosure requirement say for S1-6 Characteristics of the undertaking’s employees?

50. In addition to the information required by paragraph 40(a)iii of ESRS 2 General Disclosures, the undertaking shall disclose:

(a) the total number of employees by head count, and breakdowns by gender and by country for countries in which the undertaking has 50 or more employees representing at least 10% of its total number of employees;
(b) the total number by head count or full time equivalent (FTE) of:

i. permanent employees, and breakdown by gender;
ii. temporary employees, and breakdown by gender; and
iii. non-guaranteed hours employees, and breakdown by gender

(c) the total number of employees who have left the undertaking during the reporting period and the rate of employee turnover in the reporting period.
(d) a description of the methodologies and assumptions used to compile the data, including whether the numbers are reported:

i. in head count or full-time equivalent (FTE) (including an explanation of how FTE is defined); and
ii. at the end of the reporting period, as an average across the reporting period, or using another methodology.

(e) where applicable, a provision of contextual information necessary to understand the data (for example, to understand fluctuations in number of employees during the reporting period); and
(f) a cross-reference of the information reported under (a) above to the most representative number in the financial statements.

51. For the information specified in point (b) of paragraph 50, the undertaking may in addition disclose the breakdown by region.

52. The undertaking may disclose by head count or full time equivalent (FTE) the following information:

(a) full-time employees, and breakdowns by gender and by region; and
(b) part-time employees, and breakdowns by gender and by region.

S1-8: 

What does the disclosure requirement say for S1-8 Collective bargaining coverage and social dialogue 

60. The undertaking shall disclose:

(a) the percentage of its total employees covered by collective bargaining agreements;
(b) in the EEA, whether it has one or more collective bargaining agreements and, if so, the overall percentage of its employees covered by such agreement(s) for each country in which it has significant employment, defined as at least 50 employees by head count representing at least 10% of its total number of employees; and
(c) outside the EEA, the percentage of its own employees covered by collective bargaining agreements by region.

61. For employees not covered by collective bargaining agreements, the undertaking may disclose whether it determines their working conditions and terms of employment based on collective bargaining agreements that cover its other employees or based on collective bargaining agreements from other undertakings.

62. The undertaking may disclose the extent to which the working conditions and terms of employment of non-employees in its own workforce are determined or influenced by collective bargaining agreements, including an estimate of the coverage rate.

63. The undertaking shall disclose the following information in relation to social dialogue:

(a) the global percentage of employees covered by workers’ representatives, reported at the country level for each EEA country in which the undertaking has significant employment; and
(b) the existence of any agreement with its employees for representation by a European Works Council (EWC), a Societas Europaea (SE) Works Council, or a Societas Cooperativa Europaea (SCE) Works Council.

S1-13

What does the disclosure requirement say for S1-13: Training and skills development metrics

81. The undertaking shall disclose the extent to which training and skills development is provided to its employees.

82. The objective of this Disclosure Requirement is to enable an understanding of the training and skills development -related activities that have been offered to employees, within the context of continuous professional growth, to upgrade employees’ skills and facilitate continued employability.

83. The disclosure required by paragraph 81 shall include:

(a) the percentage of employees that participated in regular performance and career development reviews; such information shall be broken down by gender;
(b) the average number of training hours per employee and by gender.

84. The undertaking may disclose breakdowns by employee category for the percentage of employees that participated in regular performance and career development and for the average number of training hours per employee.

85. The undertaking may also disclose the information specified in this disclosure requirement with regard to non-employees in its workforce.

S1-6: Workforce Characteristics

Employees by Country

Gender Breakdown

Age Distribution

Examples of how to publish tables from S1-6 provided by EFRAG

S1-8: Collective bargaining

Example of how to publish collective bargaining data in a table by EFRAG

S1-13: Training and Development

Note: EFRAG did not provide an example of how to publish this data.

Want to use Nossa Data to streamline your ESRS disclosure for S-1 Quantitative Data? Get in touch at solutions@nossadata.com