ESG reporting
ESG reporting
Creating and reporting balance sheets and income statements in accordance with clear, common rules is the DNA of any finance team. If you work with finance, chances are these responsibilities will soon be extended to include mandatory ESG reporting. However, traditional reporting methods often fall short of meeting the demands of the latest regulations.
As businesses increasingly recognize the importance of sustainability and responsible corporate practices, integrating ESG solutions into financial reporting has become a strategic imperative. The Corporate Sustainability Reporting Directive will put even more pressure on organizations to report on ESG issues. By adopting streamlined financial and ESG reporting practices, businesses can streamline data collection, validation, and dissemination to ensure that critical information is not only accurate, but also readily available and in compliant with the latest regulations.
Centralized data enables ESG reporting automation
One of the primary benefits of our solutions is the ability to centralize data sources and automate the reporting workflow. This minimizes the risk of errors associated with manual data entry and reconciliation. This not only saves valuable time but also enhances the reliability of ESG reports. Real-time collaboration is another hallmark of streamlined ESG reporting that our solutions allow. By adopting streamlined reporting practices, organizations enable seamless collaboration among different experts involved in the reporting process.
Benefits of streamlined ESG reporting for your organization
- Compliance with CSRD according to ESRS
- Increased automation of the statutory reporting process, making the reporting process faster and more reliable, with less steps.
- Increased transparency and strong audit trail
- Collaboration across business units
Data-driven ESG reporting in a nutshell
Our data driven solution enables efficient ESG reporting by leveraging available data across systems. Connection between raw data, such as HR data or energy consumption, to actual ESG disclosure data points is done automatically in the system.
Workflow for reporting allows input from multiple stakeholders and gives overview of process as well as a logged and secure platform for audit. Built in double materiality assessment allows an easy implementation of the results of the materiality considerations to the reportable data points and acts as a link between the broader material topics that have been determined and the lowest level single data points reported.
Discover the Intito ESG Solution – your comprehensive key to EU sustainability reporting!
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