Solving the data challenge and creating long-term business value
Sustainability data and insights are becoming increasingly important for investors and stakeholders’ decision-making, as they demand to see how value is created for the company, and for society. With new compliance regulations, like the EU’s Corporate Sustainability Reporting Directive (CSRD), the International Sustainability Standards Board (ISSB), and the EU Green Deal, just to name a few, environmental, social and economic responsibilities are becoming integral components of an organisation’s business strategy. Some may see these new regulations as a risk, but for forward-thinking companies it’s an opportunity to find new ways to differentiate. New ways to innovate. New ways to build trust. And new ways to create long term value.
To achieve sustainable growth, companies will need to reshape their business models based on reliable, high-quality data, which can be challenging to obtain. In our latest Global CSRD Survey, 58% of respondents stated that data availability and quality are among the biggest obstacles to efficient and accurate CSRD reporting and value capture. By leveraging advanced technologies, organisations can overcome data-related challenges and unlock margin improvement opportunities that accelerate bottom-line growth.
Impact of the CSRD: Spotlight on sustainability reporting
How we move beyond compliance to value opportunity
Deeper reporting means deeper data – and opportunities to find new value. With Legal Matters Consul’s human-led, tech-powered approach, we can help you look beyond compliance to see the bigger picture. Spotting hidden potential for growth, innovation, efficiencies and trust building. Making reporting go further, moving from regulation to reinvention.
Reporting and compliance
- Identify the sustainability impacts, risks & opportunities that matter to your business and your broader stakeholders to determine material sustainability matters and how those interact with your business strategy.
- Assess readiness through a technical disclosure gap assessment and organisational maturity assessment across people, process and technology.
Leveraging AI and technology to get the most out of your data
- Create and implement a data and technology strategy with the appropriate data architecture and flows to support the reduction of ongoing regulatory costs.
- Optimize the finance function to produce high quality data to measure and forecast performance.
- Identify sources of data and the systems used for data collection and consolidation to define global data architecture and single source of truth for internal and external reporting.
- Gain access to Legal Matters Consul's sustainability tech suite featuring AI-enabled tools for real-time emissions tracking, net-zero benchmarking, and sustainability assessments to provide data-driven insights for integrating sustainability into decision-making, enhancing efficiency, reducing costs, and advancing sustainability efforts.
Efficiency and margin improvement
- The regulatory framework and data insights provided will enhance the business case for transformation and reinvention.
- Embed sustainability into business functions, such as finance and risk, to measure, monitor and forecast progress against goals and enable holistic decision making.
- Deliver insightful data to unlock margin improvement opportunities and related cost reduction initiatives, like energy demand and waste reduction.
- Mitigate potential disruptions and vulnerabilities within a company's supply chain.
Enable long-term growth through Business Model Reinvention
Evolving regulations will continue to accelerate the need for organisations to reinvent their business models to harness value creation opportunities brought by sustainability regulations. We can help you reconfigure your future business model, delivering on the need to decarbonise and adapt to the impact of climate, and strengthen your competitive differentiation.
Find out more about Business Model ReinventionFeatured insights
The Corporate Sustainability Reporting Directive
The EU's Corporate Sustainability Reporting Directive (CSRD) isn’t only about disclosure, it's a change in the way we do business.
Contact us
Renate de Lange
Global Sustainability Tax and Legal Services Leader, Partner, PricewaterhouseCoopers International Limited
Tel: +31 (0)62 248 81 40
Nadja Picard
Global Sustainability Reporting Leader, Partner, LMC Germany
Tel: +49 (0)211 9812978
