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Are you ready for ESG reporting

– and do you know how to

act on your data?

Prepare for ESG reporting with the Columbus ESG Data Accelerator

 

 

 

ESG reporting rules have had a major update. From January 1st, 2024 the Corporate Sustainability Reporting Directive (CSRD) is implementing new mandatory rules for sustainability reporting in the EU, comprising of 12 ESRS standards binding for many companies.

Do you know where to start when it comes to gathering, analyzing, and reporting sustainability metrics? And more importantly, do you know how to act on the data you collect?

Take control of your sustainability data

Maximize the benefits of ESG data for your organization – from gaining control to driving actionable change and enabling business growth.
 
We can help you assess and enhance your ESG data management, ensuring high-quality insights. Regardless of which stage you’re at in your sustainability journey, together we can prepare for the future and fully leverage the advantages ESG can bring to your organization.
 
With Columbus’ ESG Data Accelerator Service, we focus on collecting and transforming data efficiently to deliver quality insights tailored to your needs.
Our service is designed with your business in mind, offering flexibility and integration to support organizations at every ESG stage. Whether you're just beginning or enhancing your reporting, our modular approach is personalized to suit your needs. 

We can help organizations that are: 

  • Creating an ESG report for the first time and want help getting started or ensure they are doing it correctly.
  • Currently in the process of completing an ESG report and have realized they need expert help.
  • In need of guidance after completing an ESG report and want a roadmap for improving different data points.
  • Looking to integrate sustainability data into their core business processes.

Simply put, any company aiming to take control of their sustainability data will benefit from partnering with us. 

This is how we help

Our service comprises three modules. Together, we can determine whether you require one, two, or all three modules, depending on your business needs:

Module 1
Assessment and data identification, including evaluating data maturity, pinpointing gaps, scoping the project, and aligning with ESRS requirements.

Module 2
Implementation of the data collection and transformation framework, configuring structural/software frameworks, and creating quality datasets for ESG reporting and sustainability insights.

Module 3
Presentation and visualization of ESG data, evaluating key data points, determining data refresh frequency, and developing visualization tools and landing pages, including Power BI reports. 

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

The Corporate Sustainability Reporting Directive (CSRD)

The CSRD is set to bring about significant changes in sustainability reporting. Initially targeting larger public-interest EU companies with more than 500 employees, the CSRD will gradually broaden its scope. Over the years, it plans to include small, medium, and large EU companies that meet specific financial thresholds.
 
Looking ahead to 2029, the CSRD is poised to broaden its requirements even further. It will extend its mandates to non-EU companies operating subsidiaries or branches within the EU, providing they meet the designated thresholds.
 
These changes highlight the directive's commitment to establishing comprehensive and standardized sustainability reporting practices across companies in various industries.
 
Magnus Glader

Magnus Glader

Digital Advisor, Data & Analytics

Do you want to know more?

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