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Is your ESG report ready – and do you know how to act on your data?

On this page: 

  • How to create an effective ESG report
  • Book a workshop and get help from the experts

The time to hand in your ESG report has almost arrived. Are you ready for it? And more importantly, do you know how to actually act on the data you collect?

On this page, you will learn more about the timeline for NFRD (Non Financial Reporting Directive) and CSRD (Corporate Sustainability Reporting Directive) reporting, what data to collect, and how to make a plan for your ESG efforts.

 

What does ESG stand for?

ESG stands for environmental, social and governance. ESG is a framework for organizations to measure how they are performing on non-financial factors, such as sustainability and ethical issues. This report is then used to assess how the organization can improve on these areas. Before ESG, NFRD, and CSRD reporting were established, companies could measure their efforts in any format, which made it difficult to make comparisons between companies, countries, and industries.

ESG EU regulatory initiatives

The European Union has agreed on different goals regarding ESG. To achieve these goals, the EU has created a roadmap for companies and organizations: 

ESG_timeline

 

What do you need to measure in an ESG report?

Environmental

Here are some examples of what you need to measure in regards to your environmental impact:

  • Carbon emissions
  • Renewable energy
  • Renewable materials
  • Safe waste disposal
  • Climate impact
  • Potential pollution
  • Biodiversity and land use

Social

Here are some examples of what you need to measure in regards to your social impact:

  • Discrimination prevention
  • DEI (Diversity, Equity, Inclusion)
  • Employee turnover
  • Human rights
  • Work environment
  • Privacy and data security

Governance

Here are some examples of what you need to measure in regards to governance:

  • Corruption prevention
  • Board diversity
  • Company ownership
  • Executive pay
  • Financial and tax transparency
  • Managing conflicts of interest

Take control of your sustainability data – Not just for the sake of reporting...

Being in control of your sustainability data is not just critical for your ESG reporting – it will be necessary for all companies that aim to the take the lead in their industries. As an early adopter in this area, you can stand out from your competition and seize important business opportunities.

More legislations and industry standards are also coming in the near future, and we recommend that you get control over your sustainability data as soon as possible. Need help to do so? Look no further!  

Book a workshop with an expert to gain control over your ESG data estate

ESG_workshop

Who is this workshop for?

  1. Organizations that are creating an ESG report for the first time and want help getting started or want to make sure they are doing it correctly.
  2. Organizations that are in the middle of completing an ESG report and have realized they need expert help.
  3. Organizations that have completed an ESG report and want a roadmap for how to improve the different data points.
  4. Organizations that want/need to infuse sustainability data into their core business processes. 

Simply put, all companies that want to take control of their sustainability data will benefit from this workshop. 

Magnus Glader

Digital Advisor, Data & Analytics

Do you want to know more?

Contact us today for a cost proposal based on your needs. 

Our industry experts with experience from change management, IT and tech, will lead the workshops. 
Columbus |  columbusglobal.com
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