The company must align its sustainability reporting with the same scope as its financial statements. It's important to distinguish the scope of sustainability information across three levels:
Value Chain Analysis: Sustainability issues are analyzed across the entire value chain, similar to how we identify the company's risk factors.
Policies, Actions, and Targets: These have a defined scope set by the company, meaning their implementation scope is under the company's control. For example, human rights policies often cover a broader scope than the financial scope, especially in the context of French duty of vigilance.
Sector-Wide Indicators: These should generally be reported for the company's own operations. However, for some indicators, a broader scope may be considered (see the box below for details).
Regarding indicator information, the general principle is to establish symmetry between the consolidation scope of financial information and that of sustainability information. Entities included in the scope for calculating indicators are those consolidated at 100% in the financial statements. This also includes, where applicable, subsidiaries under exclusive control that are not consolidated due to financial materiality but may be considered under impact materiality.
An indicator considered material at the group level should include all entities (parent companies and controlled subsidiaries) that constitute the company's own operations and be reported on this scope. However, if an entity's contribution is insignificant, it may be omitted from the indicator calculation, provided the insignificance is justified and methodological consistency is maintained over time (e.g., the environmental impacts of small tertiary establishments in industrial companies with significant environmental impacts).
For a subsidiary under the scope of the CSRD to benefit from an exemption from publishing sustainability statements, a consolidated sustainability statement must be published at the parent level, including this subsidiary. This exemption does not apply to subsidiaries that are large listed companies (debt or equity securities) on a regulated market in the European Union (EU).