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Overview

The European Union (EU) adopted the Corporate Sustainability Reporting Directive (CSRD) in 2023 to standardize and make Environmental, Social, and Governance (ESG) reporting transparent across EU member states. It introduces double materiality and strengthens the rules regarding ESG reporting for companies. This ESG reporting shall include forward-looking information related to risks and opportunities. Further, the European Sustainability Reporting Standards (ESRS) disclosures mandate companies to significantly increase ESG data collation and report in a designated framework. 

While CSRD helps drive sustainable business models, the strict compliance regulations create new challenges for organizations in terms of accuracy, standardization, and completeness of data. 

Complying with ESRS, eliminating greenwashing, and maintaining stakeholder credibility, is a significant resource and time intensive exercise. It requires collective effort from companies, regulators, and other stakeholders to create a more standardized and transparent ESG reporting landscape. This can be facilitated through adopting a comprehensive ESG reporting digital platform that helps enterprises to monitor and achieve their ESG goals. 

Our Solution

LTIMindtree provides end-to-end ESG solutions for its clients, ranging from consulting to providing a digital platform for CSRD reporting. You can ensure compliance while managing, reviewing, and reporting your respective Key Performance Indicators (KPIs) as per ESRS standards with our flagship Greenhouse Gas (GHG) accounting and ESG reporting platform – ESG NXT. 

ESG NXT is a scalable and flexible enterprise-grade platform to measure, monitor and report ESG KPIs aligned to global reporting frameworks like the Global Reporting Initiative (GRI), CSRD, and Business Responsibility and Sustainability Reporting (BRSR).

Solution Highlights

Monitor your ESG KPIs, automate ESRS reporting, and accelerate your journey towards your net zero goals with ESG NXT.

 
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Be ESRS ready

Be ESRS ready

With LTIMindtree’s ‘Sustainability-First’ consulting framework, where we help you understand the framework and what applies to your organization while conducting double materiality assessments.

Build a robust database

Build a robust database

Through multiple data input mechanisms, including integration with OT devices, in-house tools, and vendor systems.

Generate insightful dashboards and analytics

Generate insightful dashboards and analytics

Across a wide range of ESG KPIs aligned to ESRS.

Simplify Reporting

Simplify Reporting

Through automated report generation.

Manage Workflows

Manage Workflows

Through data lock, maker-checker functionality, and user hierarchies.

Maintain a comprehensive audit trail

Maintain a comprehensive audit trail

With data validation and proof upload.

Set and monitor ESG goals

Set and monitor ESG goals

By monitoring efficiency improvement and identifying emission hotspots.

Benchmark

Benchmark

Within the company and against peers for continuous improvement.

ESG NXT’s 6-Step Approach to ESG Reporting:

 
Define

Define

Define the boundary of data collection and reporting; identify data collection sources across emissions, waste, water, energy, social, governance, and other ESG KPIs. Integrate Operational Technology (OT) solutions (like meters and sensors) and IT systems (workforce solutions, third-party products) for real-time data streaming.

Videos

Driving Sustainable Solutions - LTIMindtree’s ESG Consulting Services and Digital Offerings

Resources

Contact Us

To know how you can accelerate your sustainability journey, download our brochure (link) or contact us at (email) for a free demo.