Support for Sustainability Reporting (CSRD and VSME) Data Management
The EU’s Corporate Sustainability Reporting Directive (CSRD) aims to promote sustainable business practices, support and develop business operations, and facilitate the assessment of corporate sustainability through more transparent and comparable reporting. Etteplan offers comprehensive support and tools for sustainability reporting regarding environmental standards (E-standards), leveraging strong environmental expertise and specialized data management skills. We also support in Voluntary Sustainability Reporting for SMEs (VSME), which helps companies prepare for CSRD requirements from both a value chain and future growth perspective.
The CSRD directive significantly expands corporate sustainability reporting obligations. With this regulation, companies must comprehensively report their sustainability impacts according to ESRS standards.
Etteplan helps with efficient data collection and management
Preparing for the new sustainability reporting framework is complex and time-consuming. One of the biggest challenges is often the efficient collection and structuring of data.
As a data management expert, Etteplan offers solutions for efficient data collection and processing. Our AI-powered tools enable automation of data collection and structuring, streamlining the reporting process for our clients.
Using our data expertise and sustainability knowledge, we help your organization:
Understand the directive's requirements and timelines
Identify essential reporting requirements for your organization
Collect and analyze the data required by ESRS standards
Develop a tailored and efficient reporting process
Build a sustainable foundation for future reporting
Prepare for upcoming reporting obligations
Our services for sustainability reporting
1. Tools and expert support for double materiality assessment
The new sustainability reporting obligations require not only annual reporting but also broader strategic considerations related to three sustainability themes. In conjunction with the management report, the company’s reported sustainability information concerning environmental, social, and governance factors will be verified from a double materiality perspective.
In double materiality assessment, we explore the significant impacts of operations on the environment and people, and conversely, how sustainability factors like climate change economically affect the company’s business now and in the future. Double materiality literally has two dimensions: 1) impact materiality and 2) financial materiality. This analysis helps identify and prioritize the most significant sustainability themes and their associated opportunities for your organization.
Etteplan provides tools and expertise for conducting double materiality assessment that serves as the cornerstone of sustainability reporting.
Our process includes:
- Tools for conducting the analysis
- Guidance on implementing the analysis within your organization
- Ongoing support and monitoring throughout the analysis
- Assistance with reviewing and documenting results
2. Data management support for gap analysis
A GAP analysis gives your company an up-to-date view of potential gaps in sustainability data reporting required by the directive. It helps assess the coverage of current practices and identify deficiencies in data collection and processes. Etteplan offers guidance and tools for effective GAP analysis.
3. EU Taxonomy compliance assessment
The EU Taxonomy is a classification system that defines criteria for environmentally sustainable economic activities. It aims to direct investments towards sustainable projects and support the achievement of EU climate objectives. The Taxonomy is part of the CSRD reporting framework. Taxonomy assessment helps demonstrate the sustainability of your operations according to EU criteria.
We support you in:
- Comprehensive assessment of operations according to the taxonomy criteria
- Systematic data collection and documentation
- Building necessary tools for assessment and reporting
- Other support tasks related to the taxonomy process
4. Carbon footprint calculation
Sustainability reporting requires systematic carbon footprint calculation. Etteplan has a diverse and comprehensive set of carbon footprint calculation services that meet CSRD requirements. We help our customers with the organizational carbon footprint calculation as well as the product carbon footprint calculation and life cycle assessment.
5. Support for voluntary reporting (VSME)
We also support in Voluntary Sustainability Reporting for SMEs (VSME). Our services include:
- Guidance for required data collection
- Tool development
- Review of data points
- Organizing the company for reporting requirements
We also help organizations that are not subject to reporting obligations to prepare for the collection and reporting of information required from the value chain.
Your partner in effective sustainability reporting
With Etteplan, you receive support and tools for robust sustainability reporting that enhances your business and drives it towards a more sustainable future. As a technology service company, we leverage our strong data-driven expertise to help businesses, whether small or large, develop an efficient reporting process tailored to their needs.
We offer comprehensive support for your sustainability reporting process, including coaching, workshops, and, if necessary, training for staff and management. With our extensive project expertise and specialization in data management, we create sustainable and effective practices for your sustainability reporting.
Contact us to ensure a high-quality and forward-looking foundation for your sustainability reporting!
CSRD – What does the new sustainability reporting directive mean for your company?
The European Union’s new Corporate Sustainability Reporting Directive (CSRD) will significantly change reporting practices. Now, more companies must annually disclose their impacts on the environment and society. Reporting is not just about collecting numbers; it requires a holistic view of how companies address environmental issues, social matters, and good governance in their operations.
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Team Leader, LCA