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.
 

 

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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.

hfp Impact Manager benefits

Agile CSRD compliance

Quick adaptations to changing CSRD regulations without complicated programming work.

CSRD performance at a glance

Interactive dashboards visualize data and trends for CSRD reporting and enable continuous monitoring and instant insights.

Precise CSRD reporting

Detailed, customizable and compliant reports that make your company's CSRD performance transparent.

Efficient CSRD data acquisition

Simplified collection and centralization of relevant data from different sources, optimized for CSRD reporting and analysis.

Seamless CSRD data integration

Simple consolidation of CSRD-relevant data from different systems, ensures data integrity and avoids redundancies.

CSRD compliance check

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.

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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.

 

Contact us today