Tag Archive for: reporting

REIDA (Real Estate Investment Data & Analytics) standard now supported

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Lisbon, 24th February 2025 – The Sustainability Network is excited to announce its latest platform update, now supporting the REIDA (Real Estate Investment Data & Analytics) standard, a key framework used in Switzerland for portfolio management and ESG reporting in the real estate investment sector.

What is REIDA?

REIDA is a standardized data model designed to enhance transparency, consistency, and comparability in real estate investment data. Widely adopted in Switzerland, it ensures that asset managers, investors, and financial institutions can efficiently report on financial and sustainability metrics within their real estate portfolios. With increasing ESG compliance requirements, integrating REIDA has become essential for investment houses looking to streamline their reporting processes.

Seamless REIDA Integration on The Sustainability Network

With this latest update, investment firms and portfolio managers can now effortlessly upload, manage, and automate ESG data collection while ensuring full REIDA compliance. The key features include:

✅ Seamless Data Integration – Users can easily upload their investment portfolios, leveraging secure API connections and bulk file imports for faster, more accurate data entry.

✅ Automated ESG Data Collection – The platform retrieves sustainability data from trusted sources, validating information through AI-powered mechanisms to ensure accuracy and compliance.

✅ Multi-Language Report Generation – Instantly generate REIDA-compliant ESG reports in multiple languages, customized for different regulatory bodies, investors, and stakeholders.

✅ End-to-End Compliance & Automation – Reduce manual effort and automate sustainability reporting, ensuring adherence to Switzerland’s evolving ESG regulatory landscape.

Empowering Investment Firms for the Future

As ESG regulations become more stringent, investment firms must adapt to new standards without compromising efficiency. The Sustainability Network provides a one-stop solution for REIDA compliance, simplifying data reporting, increasing transparency, and reducing operational burden.

Ready to simplify your REIDA reporting? Schedule a demo today and experience the power of automated ESG reporting.

Join The Sustainability Network at the SÉRVULO ESG Congress

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Servulo ESG Congress Reporting and Due Diligence: new duties and new challenges with image of hand holding transparent globe o Earth with The Sustainability Network logoWe are excited to announce that Rui Francisco, President of The Sustainability Network, will be a featured speaker at the upcoming II SÉRVULO ESG Congress in Lisbon on November 26th. This year’s theme, “Reporting and Due Diligence: New Duties and New Challenges,” promises to spark meaningful discussions around the evolving landscape of sustainability and governance.

As organizations navigate the complexities of environmental, social, and governance (ESG) standards, effective reporting and due diligence have become imperative. The Corporate Sustainability Reporting Directive (CSRD) emphasizes the need for companies to disclose relevant sustainability information transparently and coherently. Under CSRD, a broader range of organizations, including medium-sized enterprises, are now required to report on their sustainability impacts, highlighting the growing importance of robust ESG reporting frameworks.

Rui will explore the intricacies of sustainability reporting information systems at the congress. These systems are essential for streamlining the ESG reporting process, allowing organizations to collect, manage and analyze data efficiently. By implementing effective reporting information systems, companies can ensure compliance with regulatory requirements, such as the CSRD, while enhancing their capacity to communicate their sustainability efforts to stakeholders.

ESG reporting systems, such as The Sustainability Network’s ESG Reporting SaaS platorm, are crucial. They streamline intricate data collection processes, ensuring organizations can easily produce accurate and timely reports. Additionally, they empower organizations to leverage data analytics, allowing for valuable insights into sustainability performance, identification of improvement areas, and effective progress tracking over time. By facilitating compliance with regulatory requirements, these systems also help organizations foster trust among stakeholders, showcasing their dedication to transparency and accountability in their sustainability initiatives.

We want to extend our heartfelt gratitude to Sérvulo & Associados for organizing this important congress, with special recognition to Paulo Câmara for his instrumental role in making this event possible.

Don’t miss the chance to be part of this event. Register now to attend: https://eventos.servulo.com/2-congresso-esg.

We look forward to seeing you in Lisbon!

Unlocking the CSRD Essentials: Your Ultimate Guide to ESG Reporting

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In the recent weeks, the European Financial Reporting Advisory Group (EFRAG) published the “CSRD Essentials,” a comprehensive guide aimed at helping companies navigate the new European Corporate Sustainability Reporting Directive (CSRD). This document serves as an essential tool for organizations beginning their journey in environmental, social, and governance (ESG) reporting, providing clarity on the regulatory framework and practical advice on compliance. Download CSRD Essentials or from the EFRAG website.

Here’s a breakdown of the main sections covered in the book:CSRD essentials manual by EFRAG

  1. NFRD vs CSRD: What’s New? – This section highlights the differences between the Non-Financial Reporting Directive (NFRD) and the new CSRD, focusing on the expanded scope, more stringent requirements, and the introduction of mandatory reporting standards for a broader range of companies. The CSRD extends the reach from 11,000 to over 42,500 companies, including non-EU companies operating in the EU.
  2. Scope and Timing – The guide provides a detailed timeline for the phased implementation of the CSRD, explaining which companies are affected and when. It includes large companies, listed small and medium-sized enterprises (SMEs), and non-EU companies that meet specific thresholds, outlining the critical deadlines for compliance.
  3. European Sustainability Reporting Standards (ESRS) – This section introduces the new reporting standards, developed by EFRAG, which companies must adhere to under the CSRD. The standards cover general, environmental, social, and governance aspects, providing a unified framework to ensure consistency and comparability across reports.
  4. Audit & Assurance – The document details the new requirements for the assurance of sustainability information, including mandatory limited assurance initially, with a gradual move toward reasonable assurance. It highlights the role of statutory auditors and independent assurance service providers in validating the accuracy of reported data.
  5. Materiality and Internal Supervision – Focused on the concept of “double materiality,” this part of the book explains how companies need to assess and disclose both financial materiality (the impact of sustainability risks on the company) and impact materiality (the company’s impact on society and the environment).
  6. SMEs and the Value Chain– Recognizing the challenges faced by SMEs, the book discusses simplified reporting standards for these entities while maintaining alignment with the overall goals of the CSRD. It also touches on the broader implications for supply chains and how smaller companies can align their practices with larger counterparts.

The “CSRD Essentials” by EFRAG is a vital reference for any organization starting its ESG journey. It breaks down complex regulatory requirements into manageable steps, ensuring businesses are well-equipped to meet their sustainability reporting obligations under the CSRD. For those looking to deepen their understanding of ESG compliance, this book is an invaluable resource.