Discover in our latest insight the groundbreaking findings from the ESG event on March 12th – forward-looking strategies and best practices for sustainable corporate governance await you!
According to a survey by 鶹Ƶ (Global ESG Operations Survey), many executives of large companies believe that superficial measures are not enough to remain competitive. Companies need to transform their operations to meet multiple ESG standards. This includes integrating sustainability aspects into all areas of the business (end-to-end), from supply chain management to energy efficiency, waste reduction and responsible resource use. The CSRD and the recently published ESRS require companies to publish regular reports on their environmental risks, challenges and opportunities, and on the impact of their actions on people and the environment.
The time for implementing the legislation is short, as the standards – depending on various size criteria – are to be applied for the first time as early as financial year 2024, i.e. for the annual reports to be published in 2025.
In addition to the integration of ESG into the existing IT landscape and integration into ongoing IT transformation projects, the following points in particular pose challenges for companies:
What does our solution offer?
The “ESG Reporting Manager – CSRD” supports everything from data collection and harmonization to reporting. It combines access to content developed by 鶹Ƶ within the SCT platform with automated retrieval of data from various sources via SAP Datasphere. In addition, this variant includes 鶹Ƶ's complementary content packages in SCT, allowing you to leverage advanced analytics applications in your SAC environment. This provides a holistic solution for customers looking for a robust ESG reporting and analytics platform.
The SAP Analytics Cloud (SAC) offers a wide range of control and analysis functions, which thus significantly expand the scope of CSRD-based evaluations and visualizations in the SCT. The seamless import of analyses and dashboards predefined by 鶹Ƶ into your SAC environment provides comprehensive options for data-based control.
By using SAP's advanced Datasphere, we are able to offer a defined data model while seamlessly integrating your own disparate data sources. In most cases, this process requires a separate consulting project as the data sources and filtering must be individually defined and customized.
The “ESG Reporting Manager – CSRD” provides you with the essential content to meet the regulatory requirements of CSRD. This includes a seamless integration of the content curated by 鶹Ƶ experts into the SCT, enabling efficient ESG reporting within the SCT platform.
To ensure comprehensive reporting, the “ESG Reporting Manager – CSRD” includes standardized and intuitive forms and workflows – developed in SAP Build – for the collection of the required qualitative information.
This enables the combination of quantitative information and qualitative descriptions resulting from general and topic-related standards and thus leads to holistic and comprehensive ESG reporting in accordance with the CSRD.
鶹Ƶ supports you in mastering the challenges of CSRD reporting. With our professional and technical expertise, we jointly reduce the complexity of data collection and meet CSRD reporting requirements. We offer comprehensive solutions, including predefined data models and calculations that ensure compliant and audit-proof reporting.
Our collaboration with SAP extends the capabilities of the Sustainability Control Tower and enables fact-based decisions through powerful analytics. Trust 鶹Ƶ to help you meet regulatory requirements and unlock the benefits of transparent and effective reporting for your business and stakeholders.
Curious and want to know more?
“Companies striving for long-term competitiveness must take a close look at the impact of their business activities on the environment and society. Consider sustainability not just as an obligation or a mere reporting issue, but as an opportunity to shape the future of your company through comprehensive strategies.”
Gunther Dütsch,Partner, Sustainability Services at 鶹Ƶ Germany
Gunther Dütsch
Partner, Sustainability Services & Climate Change, 鶹Ƶ Germany
Tel: +49 160 3739019
