With AMANA software to the consistent ESG reporting
The depiction of ecological (environmental), social and governance influences has become increasingly important in recent times and many companies can no longer imagine doing without them. Accordingly, extensive changes in sustainability reporting are imminent. Many companies are obliged to report on environmental, social and governance (ESG) aspects for the first time by 2025. The Corporate Sustainability Reporting Directive (CSRD) requires approximately 50,000 companies in the EU to provide detailed sustainability reports as part of a digital management report - and many other international initiatives around the world are in the process of making this mandatory for non-EU companies as well.
Find the latest information from the current Exposure Draft of the European Sustainability Reporting Standard (ESRS) in our blog post.
Below are the challenges that arise from the current reporting and publication process that can be easily implemented with our solutions:
- How to calculate, collect and consolidate the required data points by using solutions from AMANA partners.
- Using disclosure management software to be able to work collaboratively on the sustainability statements.
- Automate the data flow from various sources into management reports in order to eliminate manual and error-prone process as well as to optimize the last-mile reporting process.
- Options how to handle formatting and the production of glossy and ready-to-print reports in Word or InDesign as well as online reports.
- Digital tagging of sustainability and financial statements with the ESRS or ISSB XBRL taxonomy.
- Auditing and publication of the final report.
ESG and CSR software -
Disclosure Management SmartNotes
Sustainable, digital and flexible: SmartNotes is the optimised software solution for ESG reporting and sustainability reporting. Thanks to the certified and generic implementation, AMANA-based tagging solutions can easily and instantly import the ESRS XBRL taxonomy for tagging. By using direct data interfaces to various ESG data collection and calculation software solutions (e.g. Sphera or LucaNet), combined financial and ESG reporting is made quick and easy.
The leading editorial system SmartNotes is the reliable solution for reports of any kind and thus also for ESG reporting. Through integration, you not only increase transparency, but also improve data quality significantly. This saves time, costs and meets the increasing requirements for sustainability reporting.
In the end-to-end process to ESG reporting with LucaNet and AMANA
With the end-to-end solution from LucaNet and AMANA, we cover the entire process from data collection and valuation to transmission and reporting in SmartNotes. LucaNet's integrative solution supports you in automated data capture and thus guarantees high data quality. The automated data flow into Disclosure Management as well as the integrated (i)XBRL tagging enables combined financial and ESG reporting quickly and easily.
Disclosure Management SmartNotes: End-to-end process to the ESEF and ESG annual report
Our Disclosure Management SmartNotes increases the efficiency in the creation of annual reports and iXBRL reports and helps you to implement the ESEF and ESG requirements. Work with SmartNotes from the first data import, through the input of corrections, to the publication of the annual report in a print-ready layout without media discontinuity. Our Disclosure Management System relieves you of the manual work steps so that you can concentrate on essential content.
Referent: Nicole Tödtmann
ESG reporting – the next challenge? For AMANA XBRL Tagger users the solution is quite close!
Our LucaNet end-to-end ESG solution incorporates more than 20 years of expertise in data collection and consolidation, reporting know-how and the market leadership of our certified XBRL solutions, which you as XBRL Tagger user already use – all from a fine source.
ESG/CSRD reporting is easy to handle with our LucaNet ESG end-to-end solution, of which the XBRL Tagger logic is a central component. We want to show you how in our ESG webinar for XBRL Tagger users. We will focus on the structured automatic collection of non-financial ESG data (over 300 interfaces to pre-systems) that can be adapted to the customer situation, of course manual deliveries are also possible: be it for the more than 1100 ESRS data points already stored, the CO2 calculation and the Assignment of the business figures to the six environmental activities of the EU taxonomy.
We will show you the logical next step of processing the numbers and texts in MS Office and the editorial system for reporting SmartNotes. Our Disclosure Management SmartNotes increases the efficiency in the creation of annual reports and iXBRL reports and helps you to fulfill the ESEF and ESG requirements. Work with SmartNotes from the first data import, through the input of corrections, to the publication of the annual report in a print-ready layout without media discontinuity. Our Disclosure Management System relieves you of the manual work steps so that you can concentrate on essential content.
The last part of preparing financial and ESG reporting is the XBRL tagging included in SmartNotes: the good message is, you will see many similarities. The result is then an (i)XBRL document at the push of a button, which displays both the human-readable report and the machine-readable part.
In short: Connect – Collect – Comply with our ESG end-to-end solution.
Speaker: Georg Schenk
ESG: quick and easy implementation with LucaNet Collecting, analyzing and reporting sustainability data
Companies must become greener, more sustainable and socially just. To prove this, they need to have ESG reporting in place; which will also apply to many medium-sized companies from 2024. The reason for this is the European Corporate Sustainability Reporting Directive (CSRD). Find out how LucaNet can help you.
The webinar is aimed at specialists and managers responsible for sustainability reporting in the company. In our webinar we will inform you compactly about the main contents and amendments to the Directive; if and when exactly your company is affected and how your ESG reporting can be made easy with LucaNet.
Referents: Björn Bielesch (AMANA) and Eva Renner (LucaNet)
Get an overview of our live and on-demand webinars on ESG reporting and disclosure management.
Learn what ESG and CSRD mean, which companies are affected, what content needs to be covered, and how to present consistent ESG reporting with SmartNotes in our blog post.
New EU taxonomy based on the Green Deal. Learn more in our blog post and get a sample Excel sheet.
EFRAG publishes ESRS PoC XBRL Taxonomy. In our blog post you will get an overview of the current status of the XBRL taxonomy.
AMANA supported us in the implementation of the SmartNotes Disclosure Management System for external reporting. The implementation project and the automated processes were an excellent experience for our team. In our Annual Report all major contents including our Financial Reports as well as the ESG contents (Environment, Social and Governance) of the report are maintained in SmartNotes. The charts have been built in Excel according to the Corporate Design standards with automated data feeds. The source system is IBM Cognos with automated connections to numbers in charts, tables and to numbers in the text. The ready-to-publish format from Word eliminated the manual InDesign work and significantly improved the process effiency.
We are using SmartNotes for our Annual Report production process. All contents are maintained in SmartNotes in a ready-to-publish format from Word including the following parts: Financial Report, Remuneration Report, Corporate Governance Report as well as Sustainability Report. The numbers in the tables, charts and texts are interconnected and connected to the source data, they are updated automatically for each data load throughout the report. SmartNotes has significantly helped us to automate the process and reduced the correction efforts.