Environmental, Social & Governance (ESG) Reporting has become an integral part of the modern financial world. But how do you deal with this topic in a concrete and future-proof way? How do you take the necessary steps today which will also help you meet future obligations? Or perhaps your organization’s ambition is even larger than that, and you want to gain a strategic advantage from your sustainability initiatives?
ESG Reporting, a moving target?
ESG Reporting is a topic that is rapidly evolving. Legislation and leading international reporting standards seem to be changing regularly. However, there are already some clear examples of what new ESG Reporting will look like in the future. For example, the Corporate Sustainability Reporting Directive (CSRD) is going to require many more companies to report on their sustainability performance, which then have to be audited as well. Our sister company Intire has developed a special EU Regulation Scan that gives you a quick insight into the impact of (future) legislation on your organization.
A balanced approach to ESG reporting
The further development of ESG Reporting requires a good balance between several factors. Knowledge of different laws and regulations is a good starting point. But how do you create a process that complies with new regulations while also nurturing your business? Together with our company Intire, Finext offers a unique mix of experts with knowledge of processes, software solutions and Change management. We can help you take tangible steps that will help you become, but more importantly remain, compliant. And if your organization’s ESG ambition goes further, we will help you set up a smooth process in which all stakeholders can contribute.
CFO Technology for ESG Reporting
Software solutions for a CFO, like consolidation or budgeting software, can fit well into achieving a broader ESG Reporting solution. Nevertheless, simply applying CFO technology is insufficient to cover the full ESG spectrum. We therefore help you identify which technology can best be deployed to set up a full and future-proof ESG process. For this, we have developed a practical tool: The ESG capability map.
Want to discuss future-proof ESG reporting?
Do you want to take steps towards the professionalization of ESG reporting? Feel free to reach out to us. We are happy to share our knowledge and experience on this dynamic topic.