Are you ready to meet the EU’s new sustainability reporting requirements?
The Corporate Sustainability Reporting Directive (CSRD) is transforming the regulatory landscape, compelling companies to integrate comprehensive and standardized sustainability reporting into their annual financial statements. This shift not only ensures compliance but also enhances corporate transparency and accountability. The time to act is now, and the Intito ESG Solution is here to turn these regulatory challenges into strategic opportunities.
Navigating the new regulatory landscape
The EU mandates companies to report on sustainability matters in a standardized way, adhering to the European Sustainability Reporting Standards (ESRS) integrated into their annual financial statements. These data and processes must undergo auditing and require board approval.
Failure to comply can result in significant penalties and damage to your company’s reputation, making it crucial to understand and meet these requirements effectively. Companies need a robust and efficient way to collect, analyze, and report ESG data.
CSRD Implementation timeline
Complete ESRS reporting framework
Includes all 1000+ data points necessary for comprehensive ESG reporting. The model is ready to be used after adding reporting structures (plant, company, region, etc.).
Data collection from multiple sources
Collect data in different formats and from multiple sources on a detailed level, such as kWh per energy type, ensuring thorough and accurate data collection.
Double materiality assessment
Built-in functionality for double materiality assessment to help identify and prioritize the most significant sustainability issues.
Comprehensive emissions calculations
Perform Scope 1, 2, and 3 emission calculations, harmonizing and structuring data for accurate environmental impact assessments.
Advanced reporting workflow
Allows input from multiple stakeholders and provides visibility into the reporting process, ensuring a logged and secure platform for auditing.
Strategic and operational ESG targets
Set ESG targets at both strategic and operational levels. Follow-up, analyze, and report performance and progress in one place.
Pre-built dashboards
Enable self-service analysis and access to pre-built dashboards for operational sustainability reporting, facilitating easy tracking and reporting of ESG metrics.
Developed by experts
The Intito ESG Solution is developed by our experts in collaboration with our clients. It’s a model that works on the IBM Planning Analytics Platform. We recommend combining it with Certent Disclosure Management, which can handle disclosure including iXBRL tagging.
