How to get ready now!

Visit CSRD (Corporate Sustainability Reporting Directive) is undoubtedly one of the most pressing issues facing companies today. This European directive requires companies to report on their social and environmental impacts in a transparent and standardized way. But CSRD doesn't just concern large, listed companies: it is also gradually being applied to thousands of SMEs, including those that are not listed. So it's vital that you start preparing now, so you don't miss out on this major transformation.

What is CSRD?

Visit CSRDwhich comes into force in January 2023, redefines the rules of sustainability reporting. Companies are now required to produce detailed reports on their sustainability performance. ESG (Environmental, Social and Governance). Unlike its predecessor, the NFRDCSRD broadens its scope of application and imposes higher standards of transparency.

What are the objectives of the CSRD?

• Improving transparency Provide more comparable and standardized information on companies' sustainability actions.
• Strengthening responsibility Companies must justify their sustainability choices and demonstrate how their activities impact society and the environment.
• Focusing investment on sustainability Investors are increasingly looking for companies committed to a sustainable development strategy.

Why does CSRD apply to all companies, including unlisted SMEs?

Although the CSRD is aimed primarily at large companies and SMEs listed on the stock exchange, it will also have an impact on major repercussions for all companiesEven those not directly affected in the short term. Indeed, SMEs will gradually be integrated into this regulatory framework.

Why should SMEs prepare now?

1. Pressure from customers and partners More and more large companies are demanding ESG information from their partners and suppliers, including SMEs. If your company is unable to provide this data, you risk losing business opportunities.
2. Investor expectations Even if your company is not listed, potential investors will want to be sure that you meet sustainability standards. Visit ESG reporting will become a key element of your attractiveness.
3. Future regulations The regulators may extend the reporting obligation to unlisted SMEs in the coming years. By preparing now, you can anticipate these changes and avoid costly last-minute adjustments.

CSRD: A strategic opportunity, not just an obligation

Don't think of CSRD only as a regulatory constraint, but as an opportunity to make a difference. strategic opportunity. Here's how CSRD can transform your business :

• Enhancing transparency and trust Your stakeholders (customers, investors, partners) expect greater transparency when it comes to sustainability. Rigorous reporting strengthens your credibility.
• Reducing risks By integrating ESG criteria into your strategy, you identify and mitigate the environmental, social and governance risks that could impact your long-term performance.
• Strengthen your competitiveness Companies committed to sustainable practices are attracting more and more customers and investors. Complying with the CSRD positions you as a key player in the transition to a sustainable economy.

How can you prepare now?

Sustainability reporting can seem complex, especially for SMEs that haven't yet set up ESG monitoring systems. Here are a few steps to get started now:

1. Implement ESG data collection tools : It's essential to track your CO2 emissions, your energy consumption, the diversity within your teams, and many other relevant indicators.
2. Train your teams Your employees need to understand the challenges of CSRD and master the new reporting methods.
3. Analyze your risks and opportunities Identify areas where your company can reduce its negative impact on the environment and society, and seize opportunities linked to sustainability.
4. Working with your partners Involve your partners and suppliers in this process, to ensure that reporting is complete and compliant with requirements.

Multios supports you in your transition to CSRD

At Multioswe understand the challenges of CSRD compliance, particularly for SMES that do not yet have an ESG reporting system in place. That's why we offer customized solutions and personalized support to help you navigate this crucial transition.

How Multios can help you :

1. ESG data management tools Our software solutions centralize all the data relating to your environmental and social impacts, giving you a clear, usable view of your CSRD requirements.
2. Audit and diagnosis We analyze your current practices, identify gaps and define an action plan to ensure your compliance with the directive.
3. Personalized support We train your teams to collect and process ESG data, and advise you on the best practices to adopt.
4. ERP solutions for SMEs Our tools automate the collection of data required for reporting, while optimizing your internal processes. So you can concentrate on your core business, while complying with new regulatory requirements.

Visit CSRD represents a decisive turning point for companies of all sizes, whether listed or unlisted. Anticipating these changes and preparing now is essential to ensure your company's long-term viability and competitiveness.

At MultiosWe are ready to support you in this transition, so that you can tackle these new requirements with confidence and serenity.  

Contact us today to find out how we can help you prepare your company for a more transparent and sustainable future. : Contact