The Corporate Sustainability Reporting Directive (CSRD) represents a significant expansion of sustainability reporting requirements for companies operating in the EU. It introduces detailed reporting standards across environmental, social, and governance topics, requiring companies to disclose their impacts, risks, and opportunities related to sustainability.
Implementing CSRD presents significant challenges for companies due to its comprehensive scope, detailed data requirements, and need for assurance. SOVERN was tasked with transforming this complex directive into a structured reporting framework that would streamline compliance while ensuring accuracy and completeness.
Data points standardized
Reduction in reporting effort
ESRS compliance
Implementing CSRD presented several significant challenges that needed to be addressed
CSRD introduces the European Sustainability Reporting Standards (ESRS), which include over 500 data points across environmental, social, and governance topics.
CSRD requires data from across the organization and value chain, including environmental, social, and governance data that may be stored in different systems.
CSRD introduces mandatory assurance of sustainability information, requiring companies to obtain third-party verification of their reports.
CSRD requires companies to assess materiality from both financial and impact perspectives, considering both how sustainability issues affect the company and how the company affects society and the environment.
How we applied our methodology to transform CSRD into a structured reporting framework
Our experts analyzed the European Sustainability Reporting Standards to identify all disclosure requirements and map them to specific data points and metrics.
We developed a comprehensive data model and collection framework to standardize the collection and validation of sustainability data from across the organization and value chain.
We implemented a comprehensive reporting and assurance platform that automates the generation of CSRD-compliant reports and supports the assurance process with audit trails and documentation.
Standardizes data collection across the organization with built-in validation rules
Implements standardized calculation methodologies for all ESRS metrics
Generates CSRD-compliant reports with XBRL tagging and audit trails
How our solution transformed the CSRD compliance landscape
"SOVERN's CSRD solution has transformed our sustainability reporting process from a manual, resource-intensive effort to a streamlined, automated workflow. We've reduced our reporting time by over 60% while improving data quality and assurance readiness."
— Sustainability Director, European Multinational
"SOVERN's approach to CSRD implementation has significantly enhanced our ability to provide assurance on sustainability information. The transparency, traceability, and standardization built into the system have been invaluable for ensuring the quality and reliability of reported information."
— Partner, Global Assurance Firm
ESRS data points implemented
Reduction in reporting effort
Integration connectors
ESRS compliance
Learn how SOVERN can help your organization transform complex sustainability reporting requirements into efficient digital workflows.