Turning Sustainability Compliance into Business Opportunities

Is your business ready to take on the Corporate Sustainability Reporting Directive? As of 2022, financial sector companies were mandated to craft comprehensive ESG strategies, ushering in a new era of reporting complexities, particularly for large enterprises with a global footprint. In the coming years, the scope of this regulation will expand to include companies in other sectors doing business in Europe, regardless of where they are headquartered. Chances are that yours will be affected too, and with the deadline fast approaching, it is becoming increasingly important to choose a solution that simplifies the process for your business.

From this perspective, companies have an important decision to make: To choose a point solution that ensures compliance with the basics, or to capitalize on the opportunities this new paradigm brings.

Microsoft offers a robust platform that revolutionizes how businesses capture environmental data. Dubbed the Sustainability Manager, it gathers data from ERP platforms and other sources, then classifies them as direct, indirect, and other indirect emissions, in accordance with the CSRD directives. Furthermore, it allocates these emissions to various enterprise levels, from countries and regions, down to individual warehouses and stores. This enables you to efficiently use your resources to pinpoint problem areas and identify best practices throughout your entire supply chain.

Unlike traditional reporting tools, which you must often integrate yourself, Microsoft's platform seamlessly integrates into business applications, such as Microsoft Teams, to enable faster decision-making. It distills sustainability data into a score card that is visible to managers at various levels, providing actionable insights that speed up your return on investment. And it’s not just a band aid to tackle current challenges. Microsoft's Sustainability Manager enables your ESG roadmap, leaving room to further develop capabilities in the future by using AI and machine learning. 

Implementing any solution that requires extensive data unification and analysis can be a monumental task. And with so many varying levels of data maturity, there is no one-size-fits-all solution. That’s why it’s crucial to select a partner with the right expertise who can pick up from your starting point and help you realize your vision. As a top Microsoft partner, HSO understands the nuances of technology integration across global borders. Before we implement your ESG solutions, we conduct a meticulous health check that identifies data sources, conducts data field checks, and highlights areas for improvement, all within the context of local governmental regulations. 

Once it’s in place, we work with key users to ensure data is flowing end-to-end and that your business needs are being met. The result is a seamless transition across all levels of your organization. In the later stages, we provide a comprehensive knowledge transfer, empowering your team to independently manage your ESG reporting and continuous improvement.

When it comes to championing ESG values, HSO leads by example. We are committed to developing new solutions to make our own business more sustainable, be at the forefront of ESG reporting, and help others in their own transformation journey.