Simplify your path to CSRD compliance with comprehensive and efficient reporting tools
Confidently manage and report on your ESG data
The IBM® Envizi™ ESG Suite simplifies the large-scale collection, revision, and reporting of ESG data to meet diverse disclosure requirements under the European Sustainability Reporting Standards (ESRS) framework.
Envizi supports a wide range of sustainability reporting frameworks, enabling you to streamline all your ESG reporting on a single platform. In addition to the ESRS, the software fully supports major frameworks such as the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-related Financial Disclosures (TCFD), the United Nations Sustainable Development Goals (SDGs), and the Global Reporting Initiative (GRI), helping you meet diverse reporting requirements with ease.
Product tour
Explore this product tour to follow the step-by-step process of collecting, processing, and reviewing ESG data, then preparing and extracting ESRS-aligned reports to meet the CSRD requirements.
Module features
- Embedded ESRS questions
- Flexible data capture
- Response workflow
- Governance and audit
- Extract data and report
Embedded ESRS questions
Embedded directly in Envizi, the ESRS managed framework includes 160 questions representing Disclosure Requirements (DRs) and Application Requirements (ARs) from the European Financial Reporting Advisory Group’s (EFRAG) Implementation Guidance 3. All the requirements plus Envizi guidance, with content updated as standards evolve, under a unified view.
Flexible data capture
Envizi provides four data capture methods: manual entry for low-frequency data, direct input for static data, continuous automated capture via connectors, and periodic automated capture via templates. Automated methods are best suited for high-frequency data.
Response management workflow
Utilize integrated workflow and collaboration tools, and balance transparency and security among participants using a SOC 2 Type II certified solution with a role-based access control mechanism.
Data governance and audit trail
Record the methodology you used to arrive at your disclosure responses. Share records, source data, and supporting documentation with external auditors for verification purposes.
Extract data and report
Report-ready data can be extracted in flexible formats to streamline the reporting process and make it the final feature on the list.
CSRD compliance
Large listed banks, insurance and large companies already reporting under the Non-Financial Reporting Directive (NRFD).
All companies and their subsidiaries listed on EU regulated markets.
Large, private EU companies.
Non-EU companies with significant business in the EU.
For some companies, disclosure requirements start as early as the 2024 financial year.
Non-compliance can result in financial and administrative penalties.
Preparing for CSRD
ESG disclosures start as early as the 2024 financial year for some companies. These resources have been designed to help companies prepare today, ahead of upcoming CSRD compliance requirements.
Listen to Ikano Group describe their journey in preparing for CSRD reporting, from establishing solid governance structures to building a robust data foundation for reporting.
In this video we explain what ESG data is, what makes it so different from other data sets, and what to consider when you capture, manage and report on ESG data.
Article explaining why the CSRD was introduced, compliance requirements, CSRD vs. the NFRD, and penalties for non-compliance.
Download our expert-crafted eBook to learn everything you need to know about complying with the EU's CSRD. Discover who must comply, key reporting requirements, and the risks of non-compliance—all in one essential guide.