CSRD / ESRS Reporting
CSRD stands for the Corporate Sustainability Reporting Directive. It's a piece of EU legislation that mandates companies to disclose their environmental and social impacts, as well as how their ESG and sustainability actions affect their business. More and more companies both in Europe and outside of Europe (but doing business in Europe) will need to comply.
Compared to its predecessor, the Non-Financial Reporting Directive (NFRD), CSRD applies to a wider range of companies, including listed SMEs. It imposes stricter and more detailed reporting obligations on companies, focusing on material sustainability information. CSRD mandates the assurance of reported sustainability information, adding credibility to the disclosures. It's a crucial part of the EU's efforts to achieve climate neutrality by 2050 and build a sustainable economy.
Speeki is your solution for CSRD technology and assurance.
CSRD reporting is complex.
Speeki can help automate your entire sustainability programmes including CSRD disclosures.
When was the last time you read an accounting standard? Answer: Never!
Then why are you trying to decipher something 100 times more complex like CSRD?
Speeki has built a system to do that for you.
Speeki has built a Sustainability Management platform that allows you to build your entire Sustainability system in one place. Just like HR, Finance and CRM's that went before us, Sustainability, needs a platform also. Especially when we need to report and disclose 1000s of pieces of information under standards like CSRD.
Speeki solves this problem by providing a centralised platform that streamlines your ESG and sustainability reporting requirements.
Meet your disclosure requirements and comply with CSRD using Speeki. You should not spend your time studying standards. Spend your time on building your programmes to drive performance in your non-financial areas and then let the system prepare your reports according to whatever standard you choose, like CSRD.
Speeki is your solution to meet CSRD disclosures.
Speeki offers comprehensive support for CSRD while addressing the underlying challenges of building your ESG and sustainability programmes. Our belief is that most of you have never read an accounting standard and most of you should never have had to read an ESG and sustainability standard either. Our focus at Speeki is help you build your programmes inside Speeki and then allow you to extract that data into any format according to any standard, especially CSRD as it is one of the most complex you will ever encounter.
One reporting and disclosure solution
Speeki supports you to build your programmes in our platform and then our AI assistant, Nicole, helps consolidate and prepare your reports in the precise formatting requirements of CSRD. Our AI powered technology knows the right reporting taxonomies and adjusts as changes are made to those structures.
Data Collection and management
Sustainability reporting is an ongoing process and is extremely challenging if you are only focused on 'reporting' each year. Speeki is like your accounting system, you use it to build your non-financial datasets throughout the year and then just press 'generate reports' at the end of the year.
Business Integration
Early users of CSRD realised that it is not just about a report. It is about building a sustainability management system and integrating that into the business. That is precisely our model at Speeki. Programmes first and then report later. Again, why should you be focused on reporting? Focus on the development of your programmes and gaining better performance.
Assurance Assured
Speeki, through its European subsidiary, is also a leading certification body in Europe accredited by ISO. We know a few things about assurance. That knowledge is embedded in our programme and subject our conflicts clearances and country rules, can help you with assuring your CSRD report. Who better to help you than the people who designed the technology?
Speeki has the solution for your CSRD reporting for ESG & Sustainability.
You don't need to be an expert on CSRD or the ESRS standard, That's our job. We are the experts on CSRD and how to build your reports and disclosures using our automation platform.
Companies must disclose information on ESG matters that are material to their business, including climate-related risks, human rights, social impacts, and diversity. All of these topics are covered within the Speeki platform. Speeki covers more than 20 topic areas, all of which are editable and customisable.
Technology like Speeki can play a crucial role in data collection, analysis, and reporting. Companies investing in the Speeki Sustainability Management System platforms and analytics tools.
The CSRD emphasises the importance of value chain reporting, requiring companies to disclose information about the sustainability impacts of their upstream and downstream activities. Speeki makes it easy to engage your suppliers to collect information, engage with surveys and to include their GHG numbers into your own using free tools you can make available to them in the form of Speeki's Carbon Lens module.
The CSRD is expected to improve the quality and comparability of sustainability information, enabling investors to make more informed decisions based on ESG factors. All of which is available in the Speeki platform and can be produced easily in different formats. Want to prepare a shorter version of your sustainability data for an investor meeting? Easy with Speeki.
Climate change mitigation and adaptation, pollution prevention and control, water waste management, biodiversity and ecosystem protection just to name a few. All are covered in Speeki and you can create more, change their names, and customise your own topics.
Social areas in CSRD include, human rights, community, DEI, health & safety are all covered in CSRD. You can build all of these topics and more within the Speeki platform.
Several factors contribute to this likelihood: Global trend towards sustainability: There's a growing global emphasis on sustainability and corporate responsibility, driving the demand for standardised reporting frameworks. Investor pressure: Investors increasingly seek reliable and comparable sustainability information, making it imperative for companies to adopt robust reporting standards. Regulatory convergence: Harmonisation of sustainability reporting standards can facilitate cross-border investments and operations. EU's global influence: The EU is a significant economic and political player, and its regulations often serve as a benchmark for other jurisdictions.
CSRD is complex. Speeki can help.
With support from AI and some very clever technology, we should be able to help you with your ESG & Sustainability reporting.
At Speeki, we recognise that sustainability reporting is more than a compliance requirement; it's an ongoing journey. Join us and experience the Speeki difference.
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Ramp up your ESG & Sustainability reporting with ESRS, IFRS (S1 and S2) and other country-based standards with Speeki.
