Governance / Spotlight:
CSRD readiness across the portfolio
In 2024, Oakley launched a project with a specialist adviser to support several portfolio companies in preparing for the upcoming Corporate Sustainability Reporting Directive (CSRD) requirements through a collaborative, structured approach designed to maximise knowledge sharing, efficiency and engagement across the portfolio.
The exercise remains a highly valuable strategic tool, providing companies with greater clarity on their sustainability priorities.
Through this project, each company participating in the project completed a Double Materiality Assessment and CSRD gap analysis. These assessments were validated by both investors and senior leadership, giving each company a clear understanding of its sustainability priorities and reporting readiness.
Portfolio companies were grouped based on business model and sustainability maturity level, enabling tailored guidance while fostering synergies through joint sessions and shared resources. A clear timeline and milestone plan helped each business stay on track, supported by regular info sessions, workshops and training sessions that built internal capacity and allowed for peer learning.
Dedicated support was also available throughout the process via open Q&A ‘walk-in’ sessions and 1:1 coaching, ensuring regulatory and procedural questions could be addressed during implementation. Companies also received practical tools – including content libraries, pre-built templates and documentation examples – to accelerate progress and ensure audit-ready compliance outputs.
Beyond compliance, the process proved to be a valuable catalyst for stakeholder engagement. Company representatives were supported in preparing for conversations with leadership, helping to secure buy-in and the use of CSRD as a foundation for advancing sustainability strategies.