Maximize your CSRD compliance efforts for valuable insights and business improvement with Magic’s Data Integration-and-Management Service
Maximize your CSRD compliance efforts for valuable insights and business improvement with Magic’s Data Integration-and-Management Service
Maximize your CSRD compliance efforts for valuable insights and business improvement with Magic’s Data Integration-and-Management Service
Achieving CSRD compliance is not simple. Several factors make it challenging:
Comprehensive Information Requirements Amidst Organizational Silos: Compliance with the CSRD reporting requirements requires gathering diverse data – such as CO2 savings, energy consumption, recycling rates, employee statistics, and more – from multiple parts of the company. With the prevalence of data silos, collecting this data is complicated for most organizations.
Manipulating different file formats: Besides collecting the data, CSRD report creation requires combining and manipulating data of different types and formats to obtain the required output. This type of data management is a complex task – as you need to merge, summarize, and massage the data into a compliant and auditable format.
Short Timelines: From as soon as 2024, 2025, and 2026, an increasing number of companies will need to submit CSRD reports. This does not give companies much time to prepare for the complexity involved.
To meet the complex CSRD requirements, you need a system that provides:
Standardized and cleansed data to drive reliable results and sustainability reporting key performance indicators.
Relevant data must be compiled efficiently and be consistently available.
Operational and strategic decisions must be based on a factual 360-degree company view.
Proper analysis for reliable risks assesment.
The Magic Data Integration-and-Management Service enables you to become efficient, compliant, and audit-proof!
We provide all the essential functions to meet the requirements for the disclosure of measures, targets and key performance indicators of the new CSRD directive. Moreover, the flexibility of the solution makes it easy to deploy without disrupting your current business. The solution is compatible with all your existing systems – and all systems you may introduce in the future.
Magic’s Data Integration-and-Management Service offers streamlined implementation which seamlessly integrates all systems. By enriching your data, it not only empowers your teams for compliance reporting but also enhances organizational performance. Elevate your organization with simplified data integration that drives both compliance and operational excellence.
With a robust data strategy and advanced technological tools, CSRD data and KPIs can be efficiently mapped digitally, allowing real-time access at the touch of a button. Magic’s Data Integration-and-Management Service supports you by establishing a solid foundation for CSRD reporting through thorough data collection and analysis.