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Tool for easy, compliant CSRD reporting in SAP Analytics Cloud

The Corporate Sustainability Reporting Directive (CSRD) is becoming increasingly significant in boardrooms as businesses prepare for compliance with this EU regulation. Rather than being seen as a burden, CSRD represents an opportunity for companies to enhance their sustainability efforts and secure long-term success. The CSRD Reporting Accelerator has been introduced as a tool designed to simplify the reporting process.

The tool provides a structured, four-step approach to ESG reporting, which includes:

  • Centralize all your ESG data and related documents in one platform: Companies can consolidate all ESG-related data in one platform through 11 Excel templates designed for the required disclosures, including quantitative data and narrative descriptions of their ESG strategies.
  • Create a digital, CSRD-compliant report: The Accelerator automatically converts entered data into a pre-built digital report compliant with European Sustainability Reporting Standards (ESRS).
  • Share your report with internal and external stakeholders, incl. auditors: The platform allows for easy sharing of reports with stakeholders, including auditors, who can access and review the data securely.
  • Analyze insights, in order to continually enhance your ESG performance: The tool helps organizations use their ESG reports to identify areas for improvement, enhancing overall performance.

Key benefits:

  • Guaranteed CSRD compliance: Draft reports covering all required topics in the correct format, ready for audit.
  • Single source of truth: Centralize all ESG-related data and narratives in one accessible platform.
  • Smooth collaboration: Easily share reports with internal and external stakeholders in digital or PDF formats.
  • Actionable insights: Utilize data to improve your ESG performance consistently.
  • Scalability: Start with basic data and add more granularity as ESG practices mature.

 

Additionally, the CSRD Reporting Accelerator includes 80 consulting hours from our experts, providing essential support throughout the reporting process. This comprehensive approach enables businesses to focus on sustainability initiatives while efficiently meeting regulatory requirements.

Curious about how this tool can help you?

Reach out today!
Cronos ESG leverages the extensive expertise and skills of our competence centers.
This article was created in partnership with Flexso.
Read the full article here

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