KRAFT POWERCON
From CSRD requirements to a structured materiality analysis
Xvii supported Kraft Powercon in conducting a dual materiality analysis in accordance with ESRS – from training the management team to developing a methodology and producing a report for implementation.
The challenge
Kraft Powercon, a global manufacturer of power electronics and energy solutions, was facing the challenge of CSRD reporting. As an industrial company with a complex value chain and international customers, the dual materiality analysis (DMA) in accordance with the ESRS was a strategically crucial task, not merely a compliance issue.
The company needed a partner who understood both regulatory requirements and industrial business logic.
What we did
Xvii came on board as an operational sustainability partner and managed the entire DMA project from start to finish:
- Training for senior management and key roles on what the CSRD means in practice
- Mapping of the value chain, stakeholders and external influencing factors (legal requirements, market pressures, geopolitical risks)
- Workshop on dual materiality analysis in accordance with ESRS – methodological review and prioritisation of material aspects
- Presentation and review of the analysis results with management and the board
- Recommendations for future work – specific priorities and guidance for implementing the sustainability strategy
Real benefits
Results
- A CSRD-compliant dual materiality analysis delivered in accordance with ESRS
- A management team that understands the CSRD in practice, not just as a compliance issue
- A structured methodology that can be reused in future reporting cycles
- Specific priorities for Kraft Powercon’s ongoing sustainability work
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