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𝐖𝐢𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐜𝐞𝐧𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐭𝐨 𝐭𝐡𝐞 𝐄𝐒𝐑𝐒 𝐝𝐚𝐭𝐚 𝐩𝐨𝐢𝐧𝐭𝐬 𝐦𝐚𝐤𝐞 𝐲𝐨𝐮𝐫 𝐥𝐢𝐟𝐞 𝐢𝐧 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐫𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠 𝐞𝐚𝐬𝐢𝐞𝐫? EFRAG has released the latest version of the Implementation Guidance (IG 3) for the List of ESRS Data Points. 𝐇𝐲𝐩𝐞𝐫𝐥𝐢𝐧𝐤𝐬 Hyperlinks are now included for each Data Point. These hyperlinks connect directly to the corresponding paragraphs in the legal text. 𝐂𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐚𝐧𝐝 𝐚𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐝𝐚𝐭𝐚 𝐩𝐨𝐢𝐧𝐭𝐬 To address the diverse applicability of various data points, EFRAG has introduced a new column that clearly identifies conditional and alternative Data Point. Conditional Data Point: These are data points that apply only under certain circumstances. They often include phrases like "if applicable," "where relevant," or "in case the undertaking…" to indicate that the disclosure is required only if specific conditions are met. Alternative Data Point: These are data points that provide alternative metrics or measures. When an undertaking chooses to disclose one of these alternative metrics, it is not required to disclose the others. In the excel workbook, such data points are marked with the term "alternative." For example, when reporting the number of employees, an undertaking may choose to report it at the end of the reporting period or as an average over the reporting period. 𝐏𝐡𝐚𝐬𝐞-𝐢𝐧 𝐩𝐫𝐨𝐯𝐢𝐬𝐢𝐨𝐧𝐬 EFRAG has added specific lengths of the phase-in periods for each DP. 𝐔𝐧𝐢𝐪𝐮𝐞 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐢𝐞𝐫 Each DP now has a unique identifier which makes clear referencing easier. 𝐗𝐁𝐑𝐋 Various improvements have also been made to align the guidance more closely with the ESRS Set 1 Draft XBRL Taxonomy. These enhancements include clearer instructions on DPs that need to be reported regardless of the materiality assessment, and explicit mentions that the metrics to be disclosed encompass not only those required by ESRS but also entity-specific ones and those arising from other legislation or standards. 𝐎𝐭𝐡𝐞𝐫 𝐜𝐡𝐚𝐧𝐠𝐞𝐬 In terms of structural changes, several DPs have been added, removed, or merged to ensure clarity and avoid redundancy. For example, certain DPs that were merely instructional and did not require separate disclosures have been removed, while others that required distinct reporting have been added. For more detailed information and to view the updated document, please visit EFRAG's website. Curious about how to implement these changes effectively? 2Impact has created a template providing guidance on how to report on a data point level. To know more, contact Esther. #Sustainability #CorporateReporting #ESRS #EFRAG #CSRD #SustainabilityReporting

📣 Together with our partner firesys GmbH, we show you all CSRD requirements and challenges, and how you can meet them with processes and technologies! Last year, the new Corporate Sustainability Reporting Directive (CSRD) came into force. This provides for a dramatic expansion of the circle of users and the report content from 2025. On June 20, Axel Mueller Müller & Tobias Ramolla from firesys and Sven Schubert from Envoria will summarize the challenges that arise from the current reporting and publishing process, including: ✅ Regulatory objectives ✅ Evaluation, collection, and consolidation of required data points ✅ Use of disclosure management software to automate data flow and eliminate manual and error-prone processes ✅ Digital tagging (Word and PDF) of sustainability and financial reports using ESRS or ISSB XBRL taxonomy ✅ Audit and publication of reports in different output formats – Word report, print-ready PDF glossy report, online report Register for the German-speaking webinar: https://lnkd.in/ekTUXKQH #esgreporting #webinar #CSRD

Our CSRD & Data Playbook is now available! 🌍 The new CSRD (Corporate Sustainability Reporting Directive) requires companies to gather extensive data—a process that can feel overwhelming. To support you, we’ve created a playbook that covers the essentials: 📌 How to get started with data collection 📌 Steps to gradually build an automated data flow system 📌 Ways to leverage CSRD data for informed business decisions When done right, automated data collection offers incredible benefits: ✅ Faster access to data for sustainability teams ✅ Higher data quality ✅ Time savings for both internal and external data contributors ✅ Streamlined processes for data flow coordinators Explore our playbook to make CSRD compliance a catalyst for smarter decision-making and efficiency. 📈 Download the playbook in English here https://lnkd.in/dP4cyh6e Download the playbook in Finnish here https://lnkd.in/dmdkemYj #CSRD #Sustainability #DataAutomation #BusinessStrategy Granlund #CSRD #ESRS #EFRAG #sustainabilityreporting

Have you considered how customer feedback could help your business meet industry standards? Feefo users across various industries are using verified reviews for: Meeting Financial Conduct Authority Consumer Duty requirements ISO 9001 Quality Management System (QMS) compliance Environmental, Social, and Governance (ESG) reporting Start collecting verified reviews today: https://hubs.la/Q02RZVcy0 #FeefoBusinessInsights

Elevate Your Reporting Standards with Brundtland's EPCAM Solution! 📊💡 🌿 Efficiency Redefined: Introducing Brundtland's EPCAM™ (ESG Performance and Carbon Management) solution – Your Ultimate Automated Hub for GHG Reporting and Carbon Tax Disclosures. 🔗 Why EPCAM? Our cutting-edge cloud solution simplifies and automates the disclosure journey for greenhouse emissions and sustainability. Whether it's compliance or voluntary reporting, EPCAM is your dedicated ally. 💡 Adaptable: EPCAM is designed to adapt seamlessly to multiple standards and methodologies. It serves as a centralized platform, collecting and processing data from various sources periodically. Experience adaptability that aligns with your unique reporting needs. 📊 Tailored Reporting for Every Need: EPCAM caters to your in-house requirements and aligns with reporting mandates. Enjoy specialized management reports, delving into technical and operational performance for strategic decision-making. 🌍 Compliance: Navigate regulatory landscapes confidently with EPCAM's compliance reporting. Generate GHG Emissions Reports for the Department of Environment, Forestry, and Fisheries (DEFF) and streamline Carbon Tax Returns for the South African Revenue Service (SARS). 🚀 Choose EPCAM, Choose Excellence: Elevate your GHG Reporting and Carbon Tax Disclosures with Brundtland's EPCAM solution. For more, please visit the following link - https://lnkd.in/dMAKwnQH Unleash the power of automation tailored to your requirements. Ready to revolutionize your reporting? Let's talk EPCAM! #EPCAM #GHGReporting #CarbonTax #BrundtlandConsulting 

#EFRAG just released the final version of there implementation guidance 🎉. Consisting of guidance on: 1. Double materiality: this one includes an illustrative materiality assessment process for undertakings, develops the concept of impact and financial materiality with a number of examples and contains FAQs and answers on the double materiality assessment. Download it here: https://lnkd.in/eaeS6mEN 2. The Value Chain: this one outlines the reporting requirements for the value chain from materiality assessment to policies and actions to metrics and targets. It illustrates the reporting boundary of the group for sustainability reporting, including the concept of operational control in environmental standards. It also includes FAQs and answers for further information and a 'value chain map' summarising value chain implications per disclosure requirement across all ESRS. Download it here: https://lnkd.in/ejh5dpkg 3. The List of ESRS Datapoints: it translates the complete ESRS Set 1 list of detailed requirements in each Disclosure Requirement and related Application Requirements in Excel format. The file contains additional information, such as the types of requirement (for example, quantitative or qualitative) or whether these are subject to transitional provisions. This list can form the basis for a data gap analysis or data collection exercise. Download the excell here: https://lnkd.in/eG7Tf3qQ With these documents EFRAG aims to support organizations and other stakeholders in the implementation of ESRS. A 4th implementation guidance on #transitionplanning is being developed. The visual below is the value chain map in the VCIG summarizing value chain implications per reporting requirement. #doublemateriality #csrd #esrs #sustainabilityreporting

Are you ready to comply with the #EUDR? The EU Deforestation Regulation will apply from December 30, 2024, replacing the EU Timber Regulation (EUTR). Affected companies need to prepare quickly to meet the new requirements in time. Learn how our EUDR software solution can help you ensure compliance through streamlined processes, data integration, and complete supply chain visibility - all in one platform.

BRIEFING PAPER | #CSRD With the #CSRD coming into effect this year, it poses several challenges for companies subject to extra-financial reporting. For those who have already reported, the task is to verify and update #data collection in line with the new guidelines; Ensuring good #governance of #datacollection processes within organizations is critical for maintaining data quality, integrity, and compliance. For newly eligible companies, this briefing paper provides a brief overview of how the data collection process should be organized👇 #CSRD #ESGReporting #CorporateSustainability

📊 Preparing for CSRD? It’s not just about gathering data—it’s about having a clear, robust plan for what to collect and how to report it. With the EU CSRD taking effect in 2025, the challenge is ensuring you collect the correct data and report it to meet the directive’s strict standards, especially with mandatory third-party assurance. Here’s how to prepare: 🗂️ Develop a Data Collection Strategy: Define which risks and opportunities to disclose and what data basis to use with what level of detail. A strategic approach is critical for compliant reporting. 🔍 Make Data Assurance-Ready: Third-party assurance requires your data to be accurate, reliable, and supported by robust, efficient processes. Set up transparent systems to collect, verify, and manage data across all departments to ensure consistency and credibility under audit. 📊 Standardize & Centralize Data: Bring data from different systems into a single platform for easier, error-free reporting. Standardization simplifies audits and improves reliability. Join us at the Swiss National Regulatory Conference on 17 October to delve deeper into these topics. Ensure your reporting is as reliable as your sustainability efforts - start planning now! #CSRD #SustainabilityReporting #DataStrategy #AssuranceReady #ESGData #EURegulations #SwissNationalRegulatoryConference Sandra Item, co-CEO Uriel Zemp, Senior Project Manager

Be sure to join PwC UK's Tom Loukes, who will be speaking at an IFS webinar on the Corporate Sustainability Reporting Directive (CSRD), looking at how this new EU regulation will redefine sustainability reporting. It will cover the essence of CSRD and its impact, new reporting obligations, steps towards compliance and much more.  #CSRD #Sustainability