The implementation of regulations like the Corporate Sustainability Reporting Directive (CSRD) is bringing about significant changes that are generating considerable uncertainty. As regulations continue to develop, the environmental, social, and governance (ESG) regulatory environment is becoming increasingly complex, even though it's still in its early stages.
According to Mendelsohn, utilizing SAP's sustainability portfolio can transform reporting from a mundane regulatory obligation into a valuable business exploration opportunity.
SAP's Sustainability Control Tower, a software-as-a-service solution, aids companies in monitoring their sustainability performance. It comes with pre-configured content that adheres to various sustainability standards, including GRI, WEF, TCFD, CSRD, and the EU Taxonomy. By leveraging data from both SAP and non-SAP systems, it enables companies to establish a robust and auditable ESG framework.
According to Mendelsohn, utilizing SAP's sustainability portfolio can transform reporting from a mundane regulatory obligation into a valuable business exploration opportunity.
SAP's Sustainability Control Tower, a software-as-a-service solution, aids companies in monitoring their sustainability performance. It comes with pre-configured content that adheres to various sustainability standards, including GRI, WEF, TCFD, CSRD, and the EU Taxonomy. By leveraging data from both SAP and non-SAP systems, it enables companies to establish a robust and auditable ESG framework.