🌍 Enhancing Sustainability Reporting with ESRS Set 1 XBRL Taxonomy and Seahorse 🌍 The EFRAG has developed the ESRS Set 1 XBRL Taxonomy, a powerful tool for the digital tagging of sustainability reports in a machine-readable format, aligning with the Corporate Sustainability Reporting Directive (CSRD). This taxonomy ensures that the digital format accurately reflects the human-readable ESRS Set 1 standards. Key features include: * Concepts, labels, references, presentation and definition linkbases, and validation rules. * Detailed guidelines for Minimum Disclosure Requirements (MDR), using typed dimensions to relate Impacts, Risks, and Opportunities (IRO) to Policies, Targets, and Actions. * Extensible Enumerations (EE) for relating targets and metrics. * A reporting scope dimension, including Milestone and target years members, for comprehensive reporting. These new taxonomy characteristics present filing and tagging challenges for companies still getting familiar with ESEF reporting, especially in tagging notes and disclosures. Tools like Seahorse are here to help manage these challenges. While some AI capabilities for XBRL tagging can assist, they won't solve all issues, particularly with typed dimensions and extensible enumerations. We are committed to providing our clients and partners with user-friendly AI solutions that simplify these new challenges. Our goal is to take the burden away from time-intensive manual tasks and save you time. Contact us today to learn about our latest developments and how we can facilitate your CSRD requirements. https://lnkd.in/dRZjrA3 #Sustainability #Reporting #XBRL #ESRS #DigitalTransformation #AI #Compliance #CSRD #Innovation
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Ph.D. HSG, Sustainability Reporting, Engagement, and Materiality Assessments | Sporting Goods and Textile Sector | Lecturer Institute of Financial Services Zug, HSLU | Co-Founder Equintel |
Materiality assessments being aligned with the ESRS are painstaking for many companies. How can #AI and technology help us to be more efficient and objective in our assessments of material sustainability topics and stakeholder expectations? Learn more about our methodology in our webinar on March 19 at 10am CET and register under https://lnkd.in/dWieRuBP https://lnkd.in/dgZVpAZG #sustainability #csrd #esrs #reporting #AI #materiality
𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐢𝐭𝐲 𝐚𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭𝐬 𝐚𝐜𝐜𝐨𝐫𝐝𝐢𝐧𝐠 𝐭𝐨 𝐂𝐒𝐑𝐃 - 𝐃𝐫𝐢𝐯𝐞𝐧 𝐛𝐲 𝐀𝐈 (Part 1/8) The materiality assessment is the first step in the ESG reporting journey - and many companies get stuck in the inefficiencies of an ad-hoc process. At Equintel, we spent the last months developing an AI-driven methodology for materiality assessments in accordance with the CSRD regulation. We believe that AI can not only help companies comply with new reporting requirements, but also empower them on a path to sustainability action that is aligned with their business and profitability goals. For materiality assessments, AI delivers the following benefits over a manual, ad-hoc approach: - AI provides a tremendous efficiency advantage, doing the “groundwork” of collecting, processing, and structuring data. Humans can now focus on advanced tasks like the engagement with strategic stakeholders and communities that require an individual approach. - Stakeholder opinions and attitudes are already out there in the Web, spread across various data sources like social media, finance press, publications by NGOs, etc. By leveraging this data in an automated way, you not only increase the coverage and relevance of the selected topics, but also reduce the tedious back-and-forth that comes with chasing your stakeholders for data. - Sustainability standards and regulations are written in a generic and distant style, making it difficult for companies to adapt them to their unique business situation. Generative AI has the power to interpret regulations in the context of your company, linking abstract topics to the themes that your company is concerned with in real life, and recommending how you can address them. To learn more about our methodology, follow this post series and sign up for our Webinar on March 19 at 10am CET: https://lnkd.in/eA7h7piU Links to other posts in this series: Part 2: Using public data sources to understand stakeholder expectations https://lnkd.in/eUifhR64 #materiality #esgreporting #csrd #sustainability #sustainabilityreporting #artificialintelligence
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|| Sustainability Consultant || ESG reporting || ESG SaaS platform|| ESRS || EU taxonomy|| ISSB|| Masters in sustainable food systems|| EU citizen 🇫🇷&🇮🇳 || #Sustainability #Ecoprism
🚀 Navigating ESRS Reporting Just Got Easier! Struggling with ESRS reporting? Wondering how to handle those tricky datapoints derived from EU legislation, like in ESRS 2 Appendix B? We've got just the solution for you! Introducing EcoBot, your personal AI assistant powered by a comprehensive database of official EU regulations and documentation. 🌍📊 "How should an undertaking handle a situation where it omits a datapoint derived from other EU legislation listed in ESRS 2 Appendix B due to it being considered not material?" Check answer in comments!✅ With EcoBot, you'll get instant, clear answers to complex reporting requirements in seconds. Don't get stuck in the complexities of sustainability reporting—get answers now and stay compliant with ease! 💼✅ 🌐 Try EcoBot now: https://lnkd.in/duw8eNGF #CSRD #ESRS #SustainabilityReporting #EcoBot #Compliance #AI
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✳Did you know that AI can transform the way we organise data? Our Supply Chain Traceability and ESG Intelligence suite, RightOrigins, aggregates scattered info, auto-generates answers for esg-related customer questionnaires📋, and integrates with your existing systems. Moreover, it leverages AI to provide automated alerts for document📄and certification expiry, ensuring you never miss a critical compliance deadline🏷️✅. This helps with better data management and provides actionable insights🔎 for strategic decision-making🔃. 🎯See link as first comment below to learn more. #traceability #transparency #supplychains #sustainability #data #datamanagement #ai #esgreporting #compliance #esgtransformation #esg #duediligence #eudr #compliancematters #traceabilitymatters #sustainabilitymatters #traceabilityinaction #thursday #eugreendeal #riskanalysis #riskmitigation #productjourney #supplychainmapping #csrd #supplychain #agrifood #farmtofork
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AI Consultant | Prompt Engineer | Python | Helping mid to large companies cut costs, save time, and boost results with custom GPTs
💡 What we’re doing now – and what’s next: 1. EUDR GPT is ready: Simplifies the complexities of EU deforestation rules, saving time and ensuring compliance. 2. CSRD & ESRS GPT is ready: Makes sustainability reporting intuitive and efficient for today’s regulatory standards. What’s next: We’re exploring new specialized GPT solutions and refining our current tools to tackle future regulatory challenges. We aim to make compliance seamless and empower businesses to lead in sustainability. How can we help you? 📢 #AI #Sustainability #CSRD #ESRS #Innovation
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ESGSure's AI platform is designed to simplify ESG research and provide insights for financial institutions, corporations, rating agencies and advisory firms. ESGSure addresses key ESG adoption challenges, including the shortage of trained professionals, high costs and time-consuming processes. #esginsights #ai #esgdata #responsibleinvestments
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Vice President, Operational Excellence, Consulting and Records & Information Governance Solutions at Epiq
I wonder if "Data Hygienist" is a title we will see in the future for those whose jobs are focused on ensuring collections of data are ready for use in AI and other data-driven initiatives? Happy Records and Information Management Month! #RIM #InformationGovernance #DataGovernance #DataHygiene
In the rush to find ways to ride the AI wave, there is one critical topic that rarely gets enough attention: the significance of clean and well-organized data. The adage “garbage in, garbage out” holds true—without high-quality data, AI algorithms can stumble and may not deliver accurate or meaningful insights. Proper data governance serves as the bedrock for unlocking AI’s full potential; without it, use of AI can be full of risk. As we celebrate Records & Information Management Month this April, let’s delve into the pillars of effective data governance that pave the way for harnessing AI’s power safely and successfully. If you wish to learn more about Epiq’s Records and Information Governance consulting, please click here: https://lnkd.in/evpn2GKn
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CSRD & ESRS Webinar Series: AI-Driven Solutions for Sustainability Reporting We continue our CSRD & ESRS Webinar Series! In this session, Louis Schulze from sustaind will demonstrate how companies can efficiently meet the reporting requirements of the Corporate Sustainability Reporting Directive #CSRD and European Sustainability Reporting Standards #ESRS using #AI. 📅 Date: September 19, 2024 ⏰ Time: 5:30 - 6:15 PM CEST 🔗 Registration: Link in the first comment 👇 What to Expect: 🔹 Practical Insights: Learn how AI simplifies and accelerates your ESG reporting processes. 🔹 Efficient Data Handling: Discover how to quickly analyze data and reduce risks. 🔹 Future-Oriented Solutions: Stay ahead of the curve while gaining a competitive advantage with compliance tools. Don’t miss this opportunity for hands-on insights and tools to enhance your CSRD and ESRS reporting! Register now. #CSRD #ESRS #Sustainability #Webinar #ESG #Sustaind #AI
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Global SaaS Solution Manager - ESGDS and ESGSure | AI-based ESG research solutions | Climate Risk solutions
ESGSure set to tackle ESG adoption challenges, with 20% of asset managers and 10% of banks expected to adopt it in the next 18 months. Check out the full article on NDTV Profit below: #ESG #ArtificialIntelligence #Innovation #FinancialServices
ESGSure's AI platform is designed to simplify ESG research and provide insights for financial institutions, corporations, rating agencies and advisory firms. ESGSure addresses key ESG adoption challenges, including the shortage of trained professionals, high costs and time-consuming processes. #esginsights #ai #esgdata #responsibleinvestments
ESG Data & Solutions Launches AI-Augmented Platform To Simplify ESG Research
ndtvprofit.com
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B-BBEE legislation is always growing and changing, to help you stay ahead in this constant state of flux we see it as our duty to constantly evolve. It is for this reason that we have developed Mon.arc, a B-BBEE Management system that provides you with the tools you need to plan ahead and lower your score. Powerful Reporting: Generate detailed reports that help you make informed decisions. Data Collection Portal: A SImple way to get access to all the data you need. Continuous Tracking: Monitor your progress in real-time with year-on-year comparisons. Access To AI: Get Unlimited access to a beta version of an AI that we have trained to help you understand BEE If you want to learn more about this sign up here for our webinar this friday where we will dive into the benefits of taking the next phase of BEE management by using mon.arc. SIGN UP HERE: https://lnkd.in/dvrnCcqH #BBBEE #transformation #compliance
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With advances in data use and generative AI across the public sector, is it time to create leaner, fitter data governance and data management processes? That’s certainly the argument in this new article discussing the impact of #GenAI on the way in which government agencies manage their data. That’s because success with Gen AI rests on high-quality data that’s timely, well-managed and available securely to all parties who need it. The trouble with this is that, in too many cases, data isn’t there yet. This is a problem. Why? Because unless data errors, inconsistencies, and biases are systematically being taken care of, Gen AI is at risk of producing “insights” that should never see the light of day, much less be used for decision making and policy setting. So, as the number of public sector organizations using AI gradually grows, data quality and governance need to become a strategic issue that all agencies must get to grips with from the top down. What steps should #chiefdataofficers and other leaders take to get their data fit for an AI-rich world? Are there certain use cases that can kick start the journey and deliver a better #citizenexperience? To find out more and get answers to these questions, read the article: https://lnkd.in/dszkw9RS
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