At Novata, we dive deep into CSRD and its requirements to help you simplify and optimize your implementation processes.
Novata’s suite of expert services, paired with our leading ESG data management platform, removes the operational burdens and uncertainties associated with the CSRD and positions you for success in your CSRD initiatives.
Educate your workforce, understand the level of effort required, and set your company up for success.
Complete your Double Materiality Assessment (DMA) to figure out what matters to your company and value chain through two lenses: environmental and social impact, and financial.
Start collecting ESRS data, gathering evidence, and setting goals.
Reflect on your progress to date and identify areas to improve ahead of the full data collection process.
Share what you’re doing and make sure it’s accurate with our reporting and assurance tools.
The aim of the Corporate Sustainability Reporting Directive (CSRD) is to help key stakeholders, such as investors, consumers, and suppliers, better evaluate the sustainability performance of companies through a reliable and standardized way of reporting and, in turn, reorient capital to sustainable investments.
Companies will become mandated iteratively over time from 2024 to 2029 depending on location, size, and financials. CSRD is intended to change how companies address sustainability matters. It requires a certain level of preparation within various teams in order to be able to adequately collect assurance-ready data.
There are no “CSRD metrics.” Instead, the EU developed European Sustainability Reporting Standards (ESRS). These are the instructions companies must follow to comply with CSRD. There are two different sets of ESRS: ESRS 1 (“General Requirements”) which set the general principles to be applied and do not set specific disclosure requirements; and ESRS 2 (“General Disclosures”) which specify essential information to be disclosed irrespective of the sustainability matter being considered.
In preparing for the European Union’s Corporate Sustainability Reporting Directive (CSRD), companies must disclose impacts across environmental, social, and governance criteria. Affecting
The European regulatory landscape has been a key driver of ESG adoption globally as mandatory requirements continue to shape disclosures. In the
The Corporate Sustainability Reporting Directive (CSRD) is one of the most in-depth and far-reaching ESG regulations in the EU. A key part