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EcoOnline Launches CSRD Assessment Capability

LONDON, UNITED KINGDOM – June 13, 2024 – EcoOnline, a leading software provider for EHS, ESG, and Chemical Safety, announces its new CSRD Assessment capability within the company’s ESG software solution, helping organisations confidently comply with the European Union’s Corporate Sustainability Reporting Directive (CSRD). The software simplifies the process of CSRD data collection, covering European Sustainability Reporting Standards (ESRS) topics and standards, allowing businesses to identify material risks efficiently, drive powerful data insights, and produce audit-ready CSRD-compliant reports.The Why Behind CSRDThe EU CSRD was developed to enhance environmental, social, and governance (ESG) reporting standards, providing organisations with a clearer understanding of their sustainability performance and related business impacts and risks. Increasing pressure from governments, investors, employees, and customers to operate sustainably compels many organisations to adopt comprehensive reporting practices. Even businesses not currently required to comply with CSRD find themselves driven by external demands to provide specific components of the reports.Meeting the Requirements of CSRD“EcoOnline ESG software doesn’t just provide a place for customers to collect their CSRD data but makes it truly easy to get the answers,” comments Bertrand Revenaz, VP Product, ESG & Data Intelligence at EcoOnline. “Our CSRD reporting capabilities are unparalleled, combining a sophisticated calculation engine with comprehensive climate and scenario analysis to help organisations identify and manage material risks effectively. This ensures that our clients not only comply with CSRD requirements but also gain valuable insights into their sustainability performance and can make informed decisions regarding material ESG topics, ultimately improving overall business outcomes.”EcoOnline’s CSRD Assessment comes with the following innovative features to meet market demands, all backed by expertise from in-house sustainability analysts:
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