At this year’s Sustainability Expo in the RAI Amsterdam, we teamed up with 2Impact Consulting to give visitors a sneak peek at something we’re really excited about: the new narrative data module. This feature is designed to help businesses tackle the Corporate Sustainability Reporting Directive (CSRD) head-on and will be available in November 2024. We already have a few companies lined up and ready to start using it.
Reporting in the Age of CSRD: Why Software Matters More Than Ever
If your company is preparing for CSRD compliance, you know the pressure is on. Whether you’re new to sustainability reporting or have been at it for years, the CSRD raises the bar. It means more data points to report on and a deeper level of scrutiny from auditors. This makes having the right software in place absolutely crucial to stay on track and avoid unnecessary headaches.
That’s where we come in. At Salacia Solutions, we’ve been focused on making ESG reporting as easy and reliable as financial reporting. And with the CSRD now a reality, this has never been more important.
Bridging the Gap Between Numbers and Narratives
We’ve always made it simple for companies to handle the quantitative (numbers-based) side of ESG reporting. But with 75% of the CSRD focused on narrative (text-based) data, we saw the need for a solution to help with that too. So, we partnered with 2Impact Consulting to create a narrative data module that works seamlessly with our existing platform. Now, you can handle both the numbers and the stories behind them all in one place.
Making Qualitative Reporting Easier
This new module helps you collect and track the qualitative data that’s so critical under the CSRD. It gives you practical tools, examples, and best practices to make writing these narratives less stressful. Plus, you can keep an eye on your progress along the way. And when it’s time to finalize your annual report, the module also includes XBRL-tagging to keep things compliant and ready for auditor review.
Interested in trying the Narrative Data Module on our platform? Book a demo here
