Enhancing ESRS Reporting 
with an Efficient Software Solution

The effective implementation of the European Sustainability Reporting Standards (ESRS) reporting is crucial for organisations to showcase their commitment to sustainable practices and meet the increasing demands for transparency and accountability. To streamline and simplify the reporting process, companies can leverage specialised software that provide comprehensive solutions tailored to their specific needs. In this article, we explore how ESRS reporting works in practice by using an ESG software solution.

A proactive approach to ESRS reporting

Reporting on ESRS and CSRD poses significant challenges and confusion for companies. These challenges include understanding the implications of reporting, conducting a double materiality assessment, bridging knowledge gaps, and addressing resource allocation and planning discrepancies based on company size. At the same time, ESRS reporting encompasses several key components, including quantitative data, qualitative data, file management, and external data collection from stakeholders or suppliers. Therefore, it’s important to have a proactive approach alongside a software solution to help navigate the reporting process effectively and to ensure a seamless reporting experience.

Position Green offers a full-cycle ESRS software solution that enables users to report quantitative data with ease, facilitating climate accounting through automated calculations and pre-loaded emission factors. This feature minimizes the risk of human errors and eliminates the need for manual search and retrieval of relevant data.

Additionally, the software offers robust tools to handle qualitative text in a structured manner. Companies can report and gather data from various departments within the organisation, ensuring centralised and organised information flow. Instead of relying on scattered emails or shared documents, the software provides a cohesive framework for managing qualitative data efficiently.

Enhancing ESRS Reporting with Efficient Software Solution

Store and access essential documents

One useful aspect of ESRS reporting is the ability to have all policy documents, proofs, and certifications in one place. Position Green’s ESG software ensures that users can store, access and refer to all these essential documents within the software, simplifying the auditing and quality assurance experience by having the necessary proofs connected to each relevant disclosure. This centralized approach streamlines the reporting process and ensures that companies have all their ESG information readily available for analysis and assurance.

Streamlined and consolidated data collection

Users can upload relevant documents to support their responses to specific questions or provide evidence of compliance. The software also offers the capability to gather external data by sending out surveys or inviting stakeholders to participate in the reporting process. This functionality reduces the reliance on sharing internal systems or struggling with information exchange through emails, ensuring a more streamlined and secure data collection process. Every step taken within the software is traceable and transparent, facilitating better accountability and auditable.

Furthermore, Position Green’s ESG software allows companies to report throughout the year, enabling timely updates and adjustments. Historical data can also be incorporated for comparison and trend analysis. The software’s data visualization and analysis features further enhance the reporting cycle by offering valuable insights and aiding in data-driven decision-making.

ESRS software solution

ESG software combined with human expertise

When considering software solutions for ESRS reporting, it’s important to make sure it’s up to date with the evolving standards. Position Green’s ESG experts work closely with product development to ensure that the software is of the highest quality, incorporating years of experience and industry knowledge.

Moreover, the software is designed to seamlessly integrate with existing systems, including financial softwares or HR systems as well as other standards and frameworks such as the EU Taxonomy or the GHG (Greenhouse Gas) Protocol. This flexibility enables organizations to leverage their current investments while benefiting from the features and functionalities.

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Next step

Even if you are not required to publish a report until 2026 or 2028, tracking and gathering the relevant data does take time and we strongly advise to already get started. Users can input their existing data, such as Greenhouse Gas Protocol information and policy documents, and begin structuring their data collection plans. The software provides reporting templates based on the current drafts, giving organizations a head start in their preparation. Regardless of any future changes or tweaks in the final draft, we will accommodate the evolving requirements.

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