The new Corporate Sustainability Reporting Directive (CSRD) is now part of the industrial landscape and requires businesses to report on how their actions impact their environmental, social and governance (ESG) responsibilities.
The aim is to govern the reporting and accountability of large companies in particular, to disclose full information about their impact on the environment, the climate and sustainability.
CSRD applies to companies that tick two out of the three following boxes:
- 250+ employees
- €50m+ turnover
- €25m+ total assets
This is not an optional reporting exercise, it is now signed into Irish law. While it may seem like a challenge to report on so many outcomes with the accuracy required, there are ways to lighten the load of additional outputs.
An industrial monitoring and reporting system automates the output of analysis and data required and can be programmed to give you specific information on sustainability, efficiency and anomalies, allowing for up to date reporting and for action to be taken where necessary.
Monitoring conditions ranging from temperature to product quality on a continuous basis give you both an overall assessment of performance and allow you to drill down into details for internal analysis, as well as ESG reporting.
There can be multiple automation systems set up within facilities across the manufacturing, food and beverage, dairy and medical sectors, which not only assists in CSRD and ESG reporting capabilities but can also ensure cost effective and energy efficient structures are in place.
If you’d like to find out more about digital transformation in order to keep up with the new legislation more effectively, you can contact us to discuss how we can help to keep your reporting and compliance in line with new laws and regulations.