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  1. Sustainability Reporting (SR), CSRD and CSDDD

Sustainability Reporting (SR), CSRD and CSDDD

How are we planning to align with the EU CSRD and its reporting standards?

Since 2015, VPK publishes a set of sustainability indicators, including CO2-emissions.  In 2023, VPK was awarded for its the “Best Impact Sustainability Report Award” and for "Best Report in Creativity and Originality” across all companies in Belgium, confirming its expertise in reporting.  In 2025, VPK was again recognized with the the “Most Readable and Most Accessible Sustainability Report” across all companies inBelgium, further reinforcing its leadership in reporting excellence.

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Willing to continue its journey, VPK is committed to comply with CSRD.  The chosen materiality topics are: E1 Climate, E3 Water, E5 Resource Use & Circularity, S1 Own Workforce and S2 Workers in the Value Chain.  Next to that, additional requirements are covered: double materiality, carbon footprint & SBTi, EU Taxonomy, GAP Analysis and a dry-run process. 

The Omnibus directive refers to a package of legislative proposals within the European Union (EU) that aims to simplify existing sustainability rules and regulations. Essentially, it is a comprehensive set of changes that streamlines and modifies various EU sustainability initiatives into a single, more manageable framework.

Based on the inital CSRD, VPK had to report on Fiscal Year 2025 as from 2026, the Omnibus Directive brought some changes in that timeline requirement: VPK is subjected for reporting on FY2027 in 2028.  When it comes to the materiality topics, VPK decided to integrate the materiality E1-Climate and E3-Water in its first SR25.  The other three topics will be covered gradually over the coming years during the next sustainability report publications to meet the 2028 requirements

CSDDD

VPK will be eligible for the CSDDD as from July 2029, however, VPK already prepared a set of elements to meet the requirements since summer 2024

  • CSDDD impact analysis with as risk analysis tool Osapiens, compatible with our ERP systems and compliant for EUDR matters. The aim is to have everything available in Osapiens by Q1/2026.
  • Sustainable procurement policy & procedure approved by EXCOM.
  • 3000 vendors uploaded for initial risk mapping.Upload high/mid risk vendors into continuous monitoring score. Remaining topics is to upload the amended Supplier Code of Conduct and Supplier Self Questionnaire in Osapiens for signing by vendors. Target date: Q1/2026