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Holtara Launches New Platform To Help Businesses Meet CSRD Requirements Ahead Of January Compliance Deadline

Date 09/12/2024

Holtara, one of the world’s leading ESG and sustainability businesses and part of the Apex Group, has launched its new CSRD Platform, Holtara.io, designed to help businesses comply with the EU’s Corporate Sustainability Reporting Directive (CSRD).

CSRD is rapidly transforming sustainability reporting requirements across the EU, dramatically expanding the scope and detail of reports, necessitating companies to disclose information on ESG factors in line with the European Sustainability Reporting Standards. The compliance process is complex, requiring firms to answer 2,000 questions and includes new demands for third-party auditing - and despite the approaching compliance deadlines, many businesses are falling behind.

Holtara.io integrates Holtara’s advisory expertise, built on 15+ years of sustainability experience, to offer a streamlined, end-to-end solution that enables businesses to meet these new regulations efficiently. The platform also acts as an ESG data lake, providing businesses with a tool to record, organise and securely store all the necessary information for CSRD reporting, ensuring the required data is easily accessible and properly structured.

Gert-Jan van de Poll, Head of CSRD at Holtara, says:

“With the introduction of CSRD, many companies are struggling to meet expanded reporting demands, and that’s where our expertise comes in. Our thorough understanding of CSRD’s complexities has enabled us to develop a platform that is tailored to the market’s needs. By providing a streamlined reporting solution and unrivalled advisory services, we’re helping businesses comply with the new standards and turn sustainability efforts into a competitive advantage.”

Holtara.io aims to support clients in achieving CSRD compliance with simplified data collection, visual indicators and step-by-step guidance when it comes to meeting its stipulations. The platform’s key features include:

  • Contextual help with each question to reduce confusion
  • Configuration that aligns with phased requirements
  • Forms that save critical time by adapting to previous responses
  • Flexibility to bypass irrelevant questions with mandatory justifications
  • User alerts for critical tasks to ensure regulatory compliance
  • Workflow tools that optimize efficiency and reduce back-and-forth between stakeholders
  • Audit-ready report output

 

Andy Pitts-Tucker, Managing Director at Holtara, says:

“We’re proud to be launching Holtara.io at such a critical time for businesses. The platform offers unmatched ease of use, simplified data collection, and market-leading guidance to ensure a clear understanding of the reporting requirements. Our aim is to simplify complex ESG reporting to the extent that businesses can channel those efforts into achieving their sustainability and decarbonisation goals.”

Incorporating Holtara.io and expert advisory services, Holtara’s end-to-end support includes:

  • Scoping: Expert guidance from sustainability professionals with legal expertise 
  • Double materiality:
    • Training, guidelines and templates to support a self-directed advisory approach to conduct your own double materiality assessment, or
    • Comprehensive support where Holtara conducts the assessment for you
  • Data collection: Using the Holtara.io platform simplifies data collection, focusing only on relevant questions and providing guidance for each set to ensure a clear understanding of the reporting requirements
  • Reporting: Holtara.io produces a CSRD report that is ready for audit. Reports are editable, downloadable and include clear methodology explanations
  • Trainings & workshops: Training for key stakeholders to understand requirements and business implications
  • Gap analysis: Assessment of current reporting practices for CSRD compliance to identify actionable gaps
  • Implementation support: Support per ESRS to address compliance gaps such as policy, actions, metrics, etc.