It’s not enough to understant
your business
– The real art is understanding your journey.
Our mission is your journey.
We in EGLA Travel believe in brave tourism professionals who dare to look for new perspectives and build new business.
We want to help them overcome the challenges brought by the directives by offering education and training that combine EU regulations and business strategies into practical solutions.
In practice We offer online and faco-to-face solutions for travel industry companies to sustainability reporting challenges with three courses tailored for businesses of all sizes – from small companies to large reporting obligations and key leadership roles.
Courses are:
VSME Course
CSRD Awareness Course (For all employees of the company)
CSRD Specialist Course (For management and key personnel)
Our experienced experts make the complicated clear, walking alongside you every step of the way.
The CSRD (Corporate Sustainability Reporting Directive) already obliges large companies and certain smaller business entities to comprehensively report on their sustainability impacts, including environment, social responsibility and governance (ESG).
The directive extends the reporting obligations to the entire value chain, which means that subcontractors and partners, such as hotels, transport companies and service providers, must also provide transparent information about their operations.
The training obligation applies to all companies, as all personnel must understand how sustainability can be implemented and reported in practice. In the travel industry, this affects, for example, the emphasis on energy efficiency solutions, emission reductions and responsible operating models, as well as even closer cooperation within the value chain.
- Corporate Sustainable Reporting Directive
- Addition to financial reporting
- Focus on all 3 sustainable development areas:
> economic sustainability
> ecological sustainability
> social sustainability - Will cover both big companies (2024 – 2026) and chosen small and medium- sized enterprises (2028)
- Required for the whole value chain
- Is an advantage for travel business
- Required by directive to all EU & global companies, who do business in EU area
- Unable to work with listed / large over 40M in turnover companies
- The directive directly affects e.g. to the accounting and auditing laws
- The information in accordance with the requirements of the CSRD standards is all essential and the omission must always be justified
- The CSRD data collected by the company are reported as part of the company’s annual report
- The report’s information must be published in quantitative form, certified by a third party and machine-readable
- Listed Companies: This group covers the majority of businesses listed on an EU-regulated market exchange.
- Non-Listed Large Companies:
> SMEs: small and medium-sized enterprises listed on an EU-regulatedmarket exchange.
> minimum of 20 million euros in total assets; a net turnover of at least 50 million eur
> workforce with at least 250 employees - Foreign Companies with an EU Subsidiary:
foreign businesses that have both an EU subsidiary and an annual EU revenue exceeding 150 million euros.
2024 – Large listed companies (more than 500 employees).
2025 – in all large companies that meet at least two of the following criteria: more than
250 employees €40m turnover €20 million company assets
2026 – in small and medium-sized companies (10–250 employees).
2028 – For European subsidiaries of non-European parent companies with a turnover in
Europe of more than 150 million euros.
- ESG offers voluntary guidelines for ethical corporate behavior, while the EU’s CSRD mandates detailed and audited sustainability reporting.
- ESG focuses on environmental impact, social responsibility, and governance practices, guiding companies in improving their ethical standards.
- The CSRD aims to elevate ESG reporting to the rigor of financial reporting, impacting thousands of businesses with specific disclosure requirements.
- CSRD enforces comprehensive sustainability reporting across the EU, significantly influencing corporate accountability and transparency.
- CSRD’s reporting requirements will be phased in over several years,different types of companies, including SMEs and foreign companies with EU subsidiaries.
- Conditions for profitable business in the long term
- Identifying sustainability risks and opportunities
- The possibility of green financing
- Different metrics help grow business – what you measure will evolve
- Investors, customers, partners, employees, and others are increasingly demanding sustainable, ethical corporate behavior.
- Lower costs in operations (energy, water, materials, waste), HR (productivity, hiring)
- Partners and customers are increasingly looking for responsible companies to do business with. And employees want to work for, and stay with, companies that are committed to building positive impact for people and the planet.
ESRS (European Sustainability Reporting Standards) tells how the CSRD directive is obtained and defines the exact standards according to which companies must report on their sustainability impacts.
The CSRD creates the reporting obligation, while the ESRS defines what information and how it must be presented when reporting. In the tourism industry, such as hotels, transport companies and travel agencies, this means detailed data collection and reporting on, for example, energy efficiency, emissions and value chain responsibility.
ESRS affects the entire value chain, as the main companies need accurate, standardized information from subcontractors and partners, which can increase the pressure to develop responsibility processes and data collection systems.
- European Sustainability Reporting Standards
- EU have 12 ESRS standards:
> Two of them are break through standards valid to all companies
> Ten standards are divided to cover environmental responsibility, social responsibility and good governance - Based on CSRD requirements, models from ESG and GRI
- Materiality analyses (incl. Double Materiality analysis) are core tools
- ESRS can give travel&tourism business major advantages!
- The CSRD is a European directive that requires eligible companies to issue annual sustainability reports. The ESRS, by comparison, outlines how and what information and ESG metrics companies need to report to European regulators to comply with the CSRD. That’s the key difference.
- The regulation summarizes the principles and content of the ESRS standards. Attached is a concise list of things:
> Information according to ESRS standards is published annually as part of the
board’s annual report, i.e. at the same time as financial information.
> Information and sustainability guidelines are divided into the short (financial year),
medium (less than five years) and long term (more than five years).
Take control of CSRD requirements easily and practically. Our Awareness online course aimed at all employees of the company helps each employee understand the meaning of responsibility and find their own role in building a sustainable future for the tourism industry.
What does a strategic lead in responsibility sound like? Delve into the requirements of the CSRD directive in the Specialist course for management and key personnel. In the training, you will learn how to successfully report and manage sustainability goals as part of your tourism company’s strategy and value chain.
Master the requirements of EU sustainability reporting to ensure compliance and build trust.
- Law and order: Required by the directive
- Competitiveness: Sustainability expertise strengthens the company’s reputation and helps meet increasing market and stakeholder demands.
- Driving Innovation: Training fosters the development of new, responsible products and services, unlocking business opportunities.
- Risk Management: Understanding environmental and responsibility-related risks helps avoid reputational damage and financial losses.
- Employee Engagement: Sustainability expertise motivates employees and enhances their appreciation for the organization.
- Future-Proof Skills: Investing in sustainability ensures the workforce remains relevant in an evolving business landscape.
From the beginning of 2027, the EU CSRD Directive requires the adoption, development and reporting of sustainable development in all companies, regardless of industry. In addition, the law requires that all personnel be trained annually on the theme in question.
With this online made, Awareness course, you can easily and cost-effectively bring your own and your staff’s competence to the level required by the CSRD Directive.
The training is updated every six months in accordance with EU standards. You can conveniently stay up to date and get the latest information on EU sustainable development practices and you can focus on running your business without worry.
The course is tailored for all employees of travel companies – It only takes about an hour to complete the course – The course content is clear and the material can be listened to or read – The course activates thinking and enhances learning with reflection questions and exercises – After completing the course, all course participants will receive a certificate that is valid for one year.
- Environmental responsibility
- Social responsibility
- Economic responsibility
- Environmentally hazardous substances
- Climate change – Agenda 2030
- UN Sustainable Development Goals
- Circular economy
- Waste hierarchy
- Resource efficiency
- Familiarity with terms
- EU Green Deal, EU taxonomy and other CSRD framework
- CSRD and ESRS standards
- Mandatory stages of CSRD work and their practical implementation
- Definition of the operating environment
Training Tailored for All Employees in the Tourism Industry
This training focuses on the fundamentals of sustainable development, requiring no prior knowledge of the topic.
The course is delivered as a self-paced online learning program. Participants can complete the training either in EGLA’s own online learning platform (access credentials will be provided) or, if the organization has its own learning management system, the course can be integrated directly into that platform.
Each participant can complete the training at their own pace and at a time that suits them. The estimated duration is approximately one hour per participant. The user license for the course remains valid for six months.
To participate, users need an internet connection and either a computer or a smartphone. However, no advanced IT skills are required.
The training has been developed as part of a European collaboration by experienced experts from EGLA Digital & Education.
The “Sustainable Development in Tourism” Moodle eLearning Course is available in both Finnish and English.
- From €125 per participant, including a 1-year access, for a minimum of 100 participants.
- €295 per participant for 1–9 participants.
- Do it your self: Able to start reporting
- Deep learning: Get a deep understanding of the process
- Strategic Leadership: Leadership needs in-depth expertise to make sustainable decisions and integrate responsibility into business strategy.
- Role Model and Inspiration: Founders and executives set the tone for the organization, and their expertise builds credibility and inspires the workforce.
- Influence and Impact: Leadership can drive organizational change and influence external partners effectively, requiring deep understanding.
- Stakeholder Expectations: Investors, customers, and partners expect leadership to prioritize and demonstrate a high level of sustainability knowledge.
- Ensuring Sustainable Growth: Comprehensive expertise enables leaders to identify long-term sustainable business opportunities and mitigate risks
Our personnel consists of experienced professionals who understand the intricacies of EU directives and offer them as easily approachable and practical information packages.
Whether it’s interpreting rules, adopting new ways of working or training staff, we are your partner who brings ease and clarity to your journey through the wilderness of directives.
Take the next step towards a more responsible and successful business – we are here for you. The surest way to find out how we can help is to talk. So you are in touch without hesitation.
Mr. Ville Riihimäki, EGLA Travel Specialist
Tel. +358 400 585 566
E-mail: travel(at)eglaglobal.net
PS! We also have the ability to tailor our services according to the situation.
