CSRD
Business success meets social responsibility
CSRD
Our services
We are here to help you develop a future-proof IT reporting system that is centralised, efficient and specifically designed to ensure compliance with CSRD regulations. Our approach focuses on providing you with the tools to fulfil the extensive reporting obligations while ensuring the integrity and transparency of your data.
EVALUATION SYSTEM
What is CSRD?
As an EU directive, the Corporate Sustainability Reporting Directive (CSRD) has required companies to publish sustainability reports since January 2023. All non-financial information must be disclosed in a separate section of the management report. Reporting in digital form is retrospective and forward-looking through the definition of sustainability targets and KPIs. Due to the high level of complexity, compliance with the CSRD requirements presents companies with major challenges, which manifest themselves in three main areas:
THOROUGH ANALYSIS
Complexity of dual materiality and objectives
Companies are faced with the complex task of understanding both the direct and indirect impacts of their activities on the environment and society, as well as how these factors can in turn affect the company financially. This requires careful, multi-faceted analysis and constant monitoring of sustainability targets to ensure operations in an ever-changing global environment.
NEW REQUIREMENTS
Extended scope of information and reporting on the value chain
The requirements of CSRD necessitate in-depth and wide-ranging reporting. Companies need to take a holistic approach to data collection that includes both historical retrospectives and forward-looking projections, taking into account the entire value chain. This represents a significant expansion of the previous reporting framework and requires a high degree of coordination and transparency.
OBLIGATORY
Integration of the EU taxonomy and adjustment of the reporting structure
Integrating the EU taxonomy into corporate reporting is a challenging task that requires precise reconciliation between different data sets and reporting standards. Companies need to adapt their reporting structures to ensure full and correct compliance, which requires both detailed knowledge of the requirements and flexibility to adapt to new information and data standards.
Targeted reporting: CSRD compliance with foresight
Overcome the limitations of traditional data analytics systems that rely solely on historical data. Our software acts as your strategic navigation system, providing forward-looking insights and proactive alignment with CSRD requirements. Our platform not only provides you with accurate indicators to measure your progress towards sustainability goals, but also a tool that allows you to quickly adapt to changing guidelines and standards. This allows you to ensure that you reliably fulfill your reporting obligations and dynamically develop your sustainability strategy.
Focusing only on the past
with data analysis
Take a look into the future
with strategic management
hfp Impact Manager benefits
Quick adaptations to changing CSRD regulations without complicated programming work.
Interactive dashboards visualize data and trends for CSRD reporting and enable continuous monitoring and instant insights.
Detailed, customizable and compliant reports that make your company's CSRD performance transparent.
Simplified collection and centralization of relevant data from different sources, optimized for CSRD reporting and analysis.
Simple consolidation of CSRD-relevant data from different systems, ensures data integrity and avoids redundancies.
Automatic identification and notification of deviations from CSRD targets, enabling rapid response and corrective action.
REPORTING
We integrate your upstream systems, create automated checklists to collect missing data and fulfill the reporting requirements of the CSRD by also integrating EU taxonomy data. Comprehensive logging means that every step can be audited by your auditor.
AUDITING
Demonstrate full compliance with relevant standards and regulations. All data and reports are securely stored and accessible for future audits and reviews.
Contact us
We look forward to meeting you
Since 1996, hfp has been developing proven concepts and technologies for impact-oriented management that fundamentally change strategic management in organizations.
Let's talk about your challenges and see if our experience and the hfp Impact Manager can help you with your CSRD Reporting challenges.