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Status Future consideration
Created by Guest
Created on Dec 11, 2024

CSRD as a standard PowerReport

Feedback from Envizi EMEA User Group 2024.

Clients would like to be able to report ESRS metrics in a similar way to our CDP PowerReport. This way clients could see the data fed through from accounts into a simple, reportable format that they can then filter on based on business unit and on ESRS topic and sub-topic.

Idea priority Medium
Needed By Quarter
IBM Wide Managed Tags: Ideas Market: EMEA - UKI, Market: EMEA - NCEE
  • Admin
    Vergelle Parrocha
    Reply
    |
    Jan 10, 2025

    Thanks for this idea! For technical and strategic reasons, we have not pursued this development today. First, the way ESRS metrics are configured in the base platform is such that clients are able to copy certain ESRS account styles from the standard library. This allows them to edit their copy of the account styles should they wish to, if it matches their needs. However, in doing so, any further updates in the standard library by the product team will not be reflected in their edited version of account styles and it is up to them to maintain their own changes. In the same vein, having standard ESRS PowerReports that run on these standard account styles could potentially not run properly, if users edit their account styles. This is not a desired user experience that we would like to present to users. Second, we are currently working on mapping the ESRS account style library to the ESRS framework in SRM. This work is meant to tie together our ESRS solutions and move closer to a complete end-to-end offering, where PowerReports is an optional tool to ultimately put together a disclosure that helps users meet ESRS requirements. That said, we see the powerful visualization that PowerReport offers, and we will evaluate that once the mapping is established.

  • Guest
    Reply
    |
    Dec 12, 2024

    This would be really great for all the quantitative ESRS data points. 

    In this way the quantitative ESRS metrics would be easily accessable and tables can be copied directly into sustainability reports ensuring a single source of truth.