In an increasingly digital world, sustainability reporting is gaining prominence. Specifically, the creation of CSR (Corporate Social Responsibility) reports is becoming crucial as more consumers align their purchasing behavior with ecological and social considerations.
1. New EU Regulation from 2024: CSR Reporting Obligation for Companies
Starting January 1, 2024, a new EU regulation comes into effect, mandating thousands of companies to create a sustainability report. This obligation extends beyond large publicly traded companies, now encompassing all companies with more than 250 employees, regardless of stock market listing.
2. CSR Report: Why is it Essential?
A CSR report summarizes a company’s progress in ecological, social, and economic sustainability. Documenting sustainability efforts becomes a decisive factor in brand building and maintenance. Companies must transparently outline how they meet societal requirements regarding environmental protection, employee welfare, human rights, anti-corruption, and diversity.
3. What Should be Included in a CSR Report?
CSR reports from 2024 onwards are expected to cover three main thematic areas: environmental issues, societal topics, and governance matters. These range from climate protection and equal opportunities to corruption prevention.
Various standards such as the UN Global Compact Standard, the Global Reporting Initiative Standard, ISO 26000, EMAS Standard, and the German Sustainability Code provide guidance for companies in creating their reports.
4. Digital Solutions for Sustainability Reports: Going Paperless through Digitalization
The transition to digital technologies plays a crucial role not only in CSR reporting but also in promoting sustainability through digitization. Companies can digitally create, store, and send their forms and reports, making the process not only more efficient but also environmentally friendly.
5. Digitainability: Digital Technologies for Sustainable Management
Digitalization not only facilitates efficient CSR reporting but also offers solutions for sustainable corporate mobility. Through digital parking management systems, companies can reduce on-site traffic, promote equal treatment of staff, and enhance employee satisfaction.
The upcoming CSR reporting obligation from 2024 provides companies with an opportunity to document their sustainability efforts and strengthen customer loyalty simultaneously. Integrating digital technologies not only into reporting but also into daily management contributes to saving paper and making a sustainable impact on the environment. Formtastic supports companies on this journey by providing simple and efficient solutions for digital form creation and processing. #Sustainability #Digitainability #CSRReport #FormtasticJourney 🌍💼