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Collect, assign, validate and monitor data easily from all stakeholders in a visually appealing user interface - in parallel to data integrations.
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Enjoy transparency and clear audit trails within the tool, as for financial data, and automated processes to ensure accuracy.
Improve your IROs performance, in collaboration with different teams, by simulating the impact of your decisions.
Determine whether your organization falls within the scope of the CSRD based on factors such as size and legal status.
Assign responsibility for CSRD compliance to relevant individuals or departments within your organization, such as sustainability teams, finance, or compliance departments. Establish clear lines of accountability and reporting mechanisms.
How Pigment can help: As an integrated platform, Pigment gathers all kinds of teams and answers to different needs. Our goal is to allow everyone within your company to access CSRD Disclosure Requirements, understand them and report on them. Reporting ownership and accountability can be set-up for each Disclosure Requirement in Pigment.
Identify the sustainability topics and indicators that are most relevant and significant to your organization’s activities, operations, and stakeholders. Prioritize the disclosure of key sustainability issues.
How Pigment can help: The double materiality assessment can be hosted in Pigment. By using the EFRAG methodology, you can create questionnaires and send them to stakeholders directly within the platform. Gather scores and create your matrix using various template formats.
Understand what you have currently, and what you need to have for the future reporting exercise. Prioritize an action plan based on the identified gaps.
How Pigment can help: Conduct your gap analysis in Pigment, for each Disclosure Requirement you must report on. You can set a status (available, partially available, not available) and for each datapoint, you can create and follow in the tool your action plan to ensure your compliance.
Develop robust processes and systems for collecting, analyzing, and reporting sustainability data in accordance with the CSRD requirements. Ensure data accuracy, reliability, and consistency over time.
How Pigment can help: Pigment allows for centralized, collaborative and automated data collection, advanced analytics, audit-ready verification processes and comprehensive reporting that integrates both financial and extra-financial performance. These processes ensure that you can demonstrate transparency, compliance and a clear commitment to sustainability while fulfilling CSRD’s stringent requirements.
Embed sustainability considerations into your organization's strategic planning, decision-making processes, and risk management frameworks. Align sustainability objectives with broader organizational goals and objectives.
How Pigment can help: Pigment, as an integrated business platform, can help you to integrate sustainability into your overall strategy by aligning financial, operational, and sustainability goals. Our module is designed so that you can connect any data to any objective. For example, you can connect your sales forecast to your carbon footprint forecast and decarbonation scenarii, to help you to make decisions in line with your ESG objectives.
Consider obtaining external assurance or verification of your sustainability reports to enhance credibility and trustworthiness. Engage qualified third-party auditors or assurance providers to assess the accuracy and completeness of your disclosures.
How Pigment can help: Pigment grants the same level of transparency and audit trail as for financial data.
Consult and engage with internal and external stakeholders, including investors, employees, customers, suppliers, and communities, to understand their perspectives on sustainability issues, and communicate transparently about your company's sustainability performance and initiatives.
How Pigment can help: Create your reports and forms in Pigment to engage stakeholders effectively, in a common platform acting as the single source of truth. Provide clarity on sustainability goals, current performance, forecasted future performance and scenarii of how to act on it.
Provide training and capacity-building initiatives for employees involved in sustainability reporting and management. Ensure that staff have the necessary skills, knowledge, and resources to effectively implement the CSRD requirements.
How Pigment can help: By fostering collaboration between teams in the platform and automating key aspects of the reporting process, Pigment helps employees to improve their independence and knowledge regarding reporting requirements. Also, our team at Pigment has integrated the Application Requirements of each Disclosure Requirement, so that contributors and approvers be guided and gain knowledge.
Establish mechanisms for ongoing monitoring, review, and improvement of your company's sustainability performance and reporting practices. Regularly evaluate the effectiveness of your CSRD implementation efforts and the rest of the organization’s involvement in this endeavor.
How Pigment can help: Pigment has created progress monitoring boards, for each ESRS, where contributors, approvers, and ESG teams can monitor the reporting campaign’s progress. Thanks to an enhanced transparency, improvement on every topic is possible by every stakeholder.
Pigment is built to be flexible, with more use cases than we can list here. Sign up for a demo with our team to explore what you could achieve.