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CSRD Simplified

At Novata, we dive deep into CSRD and its requirements to help you simplify and optimize your implementation processes. Our suite of expert services, paired with our leading ESG data management platform, remove the operational burdens and uncertainties associated with CSRD and position you for success in your CSRD initiatives.

Your CSRD Pathway

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.

Get Ready

Educate your workforce, understand the level of effort required, and set your company up for success.

Available Q3 2024

Build a Strong Foundation

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.

Put Plans Into Action

Start collecting ESRS data, gathering evidence, and setting goals.

Enhance Your Process

Reflect on your progress to date and identify areas to improve ahead of the full data collection process.

Available Q4 2024

Make a Lasting Impact

Share what you’re doing and make sure it’s accurate with our reporting and assurance tools.

Your Questions Answered

What is CSRD?

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.

Who does CSRD affect and when?

Companies will become mandated iteratively over time from 2024 to 2029 depending on location, size, and financials. Some examples include the revenue, turnover, or number of employees.

What are CSRD metrics?

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.