CSRD Simplified

At Novata, we dive deep into CSRD and its requirements to help you simplify and optimize your implementation processes. 

Your CSRD Pathway

Novata Advisory's team of experts, 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.

Build a Strong Foundation

Complete your Double Materiality Assessment (DMA) to figure out what matters to your company and value chain through two lenses: the effects on your business and the impacts to people and planet.

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.

Be Confident in Your Disclosure

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

Novata has provided us with exceptional expertise, tailored support, and a deep understanding of CSRD and carbon accounting. Their flexibility and industry-specific approach have been key in helping us navigate complex reporting requirements and ensuring that we meet all necessary standards.

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 impact?

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.

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.

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