DAITABLOG - What is CSRD and why it´s mandatory

What is CSRD?

The CSRD (Corporate Sustainability Reporting Directive) is a mandatory sustainability reporting framework for businesses within the European Union. For companies, it brings several important changes in the field of sustainability. It elevates the standards for sustainability reporting and compels companies to disclose critical information on their energy efficiency performance. By setting the stage for a more transparent, data - driven approach, the CSRD is driving businesses to embrace energy efficiency, redefining their sustainability strategies, and reinforcing their commitment to a thriving planet and a prosperous future.

The directive obliges companies operating in the EU to publish a transparent sustainability report, containing information on the environmental, social and governance (ESG) aspects of business. This includes insights into energy consumption patterns, greenhouse gas emissions, and resource management.

Why Should My Company Care About CSRD?

Legal Requirement

Compliance with the CSRD is a legal requirement for companies. Non-compliance could
result in fines, legal disputes, and a negative reputation.

Environmental Responsibility

The directive places a strong emphasis on sustainability and environmental impact, reflecting
the global increase in ecological concern. It can strengthen your brand's reputation, making it
more appealing to like-minded partners and customers.

Customer Expectations

Speaking of customers, nowadays they are increasingly aware of environmental issues and
corporate ethics. They are more likely to support businesses that demonstrate a commitment
to sustainability. By complying with the CSRD, your company showcases its dedication to
sustainable practices, which can significantly influence customer choices. This transparency
in reporting can build trust and loyalty among them, as it shows that you are accountable for
your environmental impact and taking steps to minimize negative outcomes.

Competitive Advantage

Integrating sustainability into your business strategy and reporting can offer your company a
competitive advantage. By adhering to the CSRD, you not only meet a legal obligation but
also position your company as a leader in sustainability. This can attract investment and
differentiate your brand in the marketplace.

Medium & Large Companies

that are publicly traded and have more than 500 employees

Load Shifting Success

for all public institutions and buildings with an area of more than 1000 m2

It Also Applies to Their Suppliers

so in the end no one can avoid it

Interested? Let’s Meet

Why Is Energy Monitoring Important?

Energy monitoring provides detailed insights into energy consumption patterns, enabling transparent reporting on carbon footprints, energy efficiency initiatives and progress towards renewable energy targets. Energy monitoring not only ensures compliance with CSRD requirements, but also equips organizations with valuable data for informed decision-making. By regularly monitoring and analyzing energy data, companies can identify areas for improvement, optimize energy use, and implement strategies that contribute to environmental and financial sustainability.

How Will CSRD Affect Energy Monitoring?

In summary, the new CSRD standard will significantly affect ESG monitoring by raising the standards and requirements for sustainability reporting. This strengthens the transparency, uniformity and traceability of the information available to investors and other stakeholders when assessing the environmental, social and governance (ESG) performance of enterprises.

What Is the Solution?

Many businesses face challenges with missing data and collection systems. Our DAITABLE system addresses these issues by providing a comprehensive overview of your energy consumption, enabling you to see where and how much energy your factory consumes. With analytics, your company can discover weak energy spots. Through accurate diagnosis, we can eliminate unnecessary machine failures and shutdowns and effectively track and measure your factory's energy consumption. At DAITABLE, we will assist you in optimizing your operations and making your decisions data-driven. Additionally, the system can warn you before energy overconsumption. Last but not least, by utilizing Artificial Intelligence for forecasting, we can better plan ahead, ensuring more efficient and sustainable energy use.

Executive Summary:

The Corporate Sustainability Reporting Directive (CSRD) marks a pivotal step in the EU's commitment to sustainability, compelling businesses to embrace transparency and higher environmental standards. Compliance is not just a legal obligation but an opportunity to bolster sustainability, improve brand reputation, and secure a competitive edge. Through enhanced energy monitoring and strategic initiatives like DAITABLE, companies can meet CSRD requirements while advancing their sustainability goals. Ultimately, the CSRD catalyzes a shift towards more responsible business practices, contributing to a sustainable future for both the planet and the corporate world.

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