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The new ESG reporting obligations such as the Supply Chain Act (Lieferkettengesetz), the EU Taxonomy or the CSRD pose major challenges for businesses. The companies concerned not only need to collect increasing amounts of sustainability data internally, but also need data from their partners throughout the supply chain.
Find out how you can streamline your work with an ESG reporting software and the advantages it offers here.
Even large companies have so far coped with the data collection challenge primarily through a mixture of self-created templates, Excel lists and e-mail queries. This is not only an error-prone and time-consuming method, but is inefficient and ultimately not sustainable. In particular, many of the smaller suppliers provide either no or barely any meaningful data. This results in never ending email loops and/or multiple appointments per supplier to clearly communicate the requirements.
Once you've decided to take your sustainability management to the next level and invest in ESG software, you're faced with the question of which software is right for your business. The following questions will help you make a decision:
The requirements for sustainability management and sustainability reporting due to new regulations such as the CSRD, the Supply Chain Act (Lieferkettengesetz) or the EU taxonomy are becoming increasingly complex. At the same time, companies are setting increasingly ambitious goals for themselves that need to be measured.
To meet all the requirements, you need software that helps you with the following tasks:
When you invest in ESG reporting software, potential efficiency gains have certainly played a role in your decision-making. In order to actually relieve you of tedious tasks, the software should be able to do the following:
It is important that you not only report on your sustainability performance, but also understand and constantly improve your sustainability performance. To do this, the software must be able to:
Sustainability management and reporting are an interplay of many actors within your organization and along the entire supply chain. To make your network's work easier, the software must:
Finally, ESG software must meet some standard requirements that are also relevant:
If you are looking for specialized ESG software that meets these requirements, please contact us. We'll schedule a demo and show you how Daato's Sustainability Suite can help you.
Daato's Sustainability Suite is designed to address these issues and simplify a company’s sustainability management processes. Together with various actors in the supply chain, we have developed a comprehensive software platform that has the following advantages: