CSRD / ESRS Reporting
CSRD stands for the Corporate Sustainability Reporting Directive. It is EU legislation that requires companies to disclose their environmental and social impacts, as well as how their ESG and Sustainability actions affect their business. More companies, both within Europe and those doing business in Europe, will need to comply. Speeki's ESG software is designed to simplify this process, ensuring you meet these compliance needs efficiently.
Compared to its predecessor, the Non-Financial Reporting Directive (NFRD), CSRD applies to a broader range of companies, including listed SMEs. It imposes stricter and more detailed CSRD reporting obligations, focusing on material sustainability information. CSRD also mandates the assurance of reported sustainability information, adding credibility to the disclosures. This is a key part of the EU's efforts to achieve climate neutrality by 2050 and build a sustainable economy.
Speeki is your solution for Corporate Sustainability Reporting Directive technology and assurance.
CSRD reporting is complex.
Speeki can help automate your entire sustainability programmes, including CSRD disclosures.
When was the last time you reviewed an accounting standard? Likely never.
So why tackle something as complex as the CSRD directive on your own?
Speeki has developed a system to simplify and manage this process for you.
Speeki has built a Sustainability Reporting Software that allows you to build your entire sustainability system in one place. Just as HR, Finance, and CRM systems have evolved, sustainability also requires a dedicated platform. This is particularly crucial when managing and disclosing thousands of pieces of information under European sustainability reporting 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 building your programmes to drive performance in your non-financial areas, and then let the system prepare your reports according to whichever standard you choose, such as CSRD.
Speeki is your solution to meet CSRD disclosures.
Speeki offers comprehensive support for Corporate Sustainability Due Diligence Directive while addressing the underlying challenges of building your ESG and Sustainability programmes. We believe that most of you have never read an accounting standard, and you shouldn't need to read an ESG and Sustainability standard either. At Speeki, our focus is to help you build your programmes within our platform and then extract that data into any format according to any standard, especially CSRD, which is one of the most complex you will encounter.
One reporting and disclosure solution
Speeki supports you in building your programmes on our platform, and then our AI ESG and Sustainability Expert, Nicole, helps consolidate and prepare your reports to meet the precise formatting requirements of the corporate sustainability reporting directive (CSRD). Our AI-powered technology understands the correct reporting taxonomies and adjusts as changes are made to those structures. This means we ensure that you are compliant with various reporting frameworks, including TCFD reporting and IFRS S1 and S2.
Data collection and management
Sustainability reporting is an ongoing process and is extremely challenging if you are only focused on 'reporting' each year. Speeki functions like your accounting system: use it to build your non-financial datasets throughout the year and simply press 'generate reports' at the end of the year.
Business Integration
Early adopters of CSRD have realised that it’s not just about creating a report but about building a sustainability management system and integrating it into the business. That is precisely our model at Speeki: programmes first, then reporting. Focus on developing your programmes and improving performance, not just on reporting.
Assurance assured
Speeki, through its European subsidiary, is also a leading certification body in Europe accredited by ISO. We have extensive knowledge about assurance, which is embedded in our programme. Subject to conflict clearances and country rules, we can assist 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 needs for ESG & Sustainability.
You don't need to be an expert on CSRD or the ESRS standard – that's our job. We specialise in CSRD and in building 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, which includes over 20 editable and customisable topic areas.
Technology, such as Speeki, plays a crucial role in data collection, analysis, and reporting. Investing in Speeki's Sustainability Management System and analytics tools streamlines these processes.
The CSRD emphasises the importance of value chain reporting, requiring companies to disclose the sustainability impacts of their upstream and downstream activities. Speeki facilitates this by enabling easy engagement with suppliers, collecting information through surveys, and integrating their GHG data into your reports using the Carbon Lens module.
The CSRD is expected to enhance the quality and comparability of sustainability information, allowing investors to make more informed decisions based on ESG factors. Speeki supports this by providing data in various formats, making it easy to prepare concise versions for investor meetings.
The CSRD covers climate change mitigation and adaptation, pollution prevention and control, water waste management, and biodiversity and ecosystem protection. Speeki addresses all these areas and allows you to create, rename, and customise additional topics as needed.
The CSRD includes human rights, community engagement, diversity, equity, and inclusion (DEI), and health and safety. Speeki supports the development and management of these topics, along with many others.
Several factors suggest this possibility: the global trend towards sustainability, increasing investor demand for standardised reporting, regulatory convergence to facilitate cross-border operations, and the EU's role as a benchmark for other jurisdictions.
CSRD is complex. Speeki can help.
With support from AI and advanced technology, we can assist you with your ESG and 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 and Sustainability reporting with ESRS, IFRS (S1 and S2), and other country-based standards with Speeki.
