Sustainability reporting has grown in complexity over the last few years. With the emergence of new standards and frameworks, upcoming legislation and the threat of greenwashing claims – we understand it can be overwhelming.
At the same time, it’s more necessary than ever for organizations to reflect on past performance, adapt their strategy and communicate authentically. In order to report, you need to select the metricts that matter, Key Performance Indicators (KPIs). With the help of those, you can Plan, Do, Check, and Act.
Better known as the PDCA-loop or cycle of continuous improvement. This concept originally stems from ISO standards, but can be applied to just about any cyclical process.
In this cheatsheet, we have put together tools that can help you on your reporting journey. It all starts with a materiality assessment. Then, using that input to select KPIs which you can report on. To do that, you need a data collection process. Finally, to bring it all together we’ve included a worksheet to help you prepare for the CSRD. Although the largest organizations are up first, it won’t be long for others. As Benjamin Franklin said: ‘By failing to prepare, you are planning to fail.’
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