CSRD Simplified

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

Will CSRD Impact Your Company?

Over 60,000 EU and non-EU companies will need to disclose information about their ESG performance in accordance with the CSRD. Take our free assessment to discover when your company is in scope to report.

Regardless of the timing of when you need to disclose, first-time CSRD reporting will be hard. We deliver the regulatory guidance, data strategy, and technology so you begin your CSRD journey with confidence. 

You will receive:

Novata CSRD Readiness Packages

Aligning to the CSRD requires companies to develop and mature existing processes, policies, and capabilities – as well as collect information for up to 1,200 data points. 

No matter where you are in your data collection and management processes, whether you’ve done your double materiality or not, we offer a CSRD Readiness solution that will give you confidence in your data collection capabilities.

For companies that have not undertaken their double materiality assessment and require support to understand what the topics mean pragmatically.

Gain the knowledge and tools needed to successfully understand the European Sustainability Reporting Standards (ESRS) from a pragmatic perspective. We review material topics and the scope of work required for your business, identify stakeholders that will need to be involved in your double materiality assessment  and provide guidance and training to support buy-in.

For companies that have completed their double materiality assessment but only have the list of material topics and not the full metrics list.

Novata Services and our Metrics team work with you to review your list of material topics and identify the relevant metrics needed to be collected, tracked, and reported as part of your CSRD disclosures.

For companies that have their final ESRS metrics list and need support to prioritize what data to collect and how.

Our Services team assess your ESRS metrics list against your current data strategy and processes to identify the level of effort required, key stakeholders (their accountabilities), and estimated timelines to collect the information required. We provide strategic guidance and operational best practices that enable you to reduce internal resource strain and maximize returns on your data collection efforts.

Why Get Ready for CSRD Now?

Prepare Your Organization

Reporting to the CSRD requires significant planning, requiring companies to undertake new processes and collect information for up to 1,200 data points.

Safeguard Your Business

The CSRD will prompt you to address and mitigate risks. Identifying risks now, like supply chain disruptions and reputational damage, will result in a smoother disclosure later.

Get a Competitive Advantage

Acting before the CSRD requires disclosure for your firm demonstrates your proactive stance on sustainability to key stakeholders, including investors, customers, and employees.

We recommend that customers conduct a pilot data collection with ESRS E1 (climate change); S1 (own workforce) and G1 (business conduct); and ESRS 2 metrics to get into the rhythm of collecting data, building habits, and testing the quality and completeness of data.

Novata CSRD Optimization Offering

Once you are confident in your CSRD data collection workflow, Novata’s Services team works with you to improve data quality and completeness, identify improvement actions, and optimize processes to collect the data that will comprise your final, independently assured disclosure. 

We review your preliminary ESRS data for completeness, quality, and strategic alignment, and then create a plan to improve your data collection workflow.

We work with you to understand what the data means, where your key risks and opportunities are, and how ESG performance can be improved toward measurable business outcomes rather than just fulfilling a box-ticking exercise.

Building on your assessment and performance improvement opportunities, we create a Process Optimization Plan that details actions and timelines to strengthen data governance, policies, and processes aligned to CSRD disclosures and broader sustainability objectives.

Simplify CSRD with Novata

With our CSRD offerings, we help you understand your company’s CSRD requirements and the actions you need to prepare and optimize for CSRD reporting. 

We also help you align the value of your CSRD processes into a broader strategic approach, so you maximize the return on your efforts to drive meaningful business value.

Speak to An Expert