By 2025, the EU mandates that major and publicly traded companies must report on ESG-related risks and opportunities, emphasizing their effects on society and the environment.
The initiative updates and expands upon the EU's previous ESG reporting framework, the NFRD, to include comprehensive disclosures on various environmental aspects such as emissions, pollution, water usage, waste management, and biodiversity. The CSRD introduces detailed requirements under the European Sustainability Reporting Standards (ESRS), integrating ESG disclosures into annual financial reports, which will also require audit verification.
The CSRD extends to :
Our tool is designed to simplify your CSRD compliance journey, offering a comprehensive platform to handle your ESG data management, progress tracking and report generation. Unsure if CSRD applies to you? Our assessment tool can help.
We can seamlessly gather ESRS-required data from your existing systems, or manually upload information in various formats. We can adapt to changes in your reporting structure, making it easy to stay compliant.
The CSRD mandates comprehensive disclosure of your organization's ESG activities, aligned with the newly established ESRS guidelines as July 2023
Starting in 2025, impacted companies will report on the previous year's data. For those new to carbon footprint tracking or concerned about the auditability of their data, early preparation is crucial.
The CSRD sets a new standard for ESG reporting, offering a more detailed and rigorous approach compared to previous frameworks. By starting your preparation now, you can ensure a smooth transition to the new requirements and contribute to a more sustainable and transparent global economy.