Information solutions provider Wolters Kluwer is collaborating with the Munich-based Institute for Energy, Ecology and Economy (DFGE) to help German, Austrian and Swiss (DACH) clients to meet reporting requirements under the Corporate Sustainability Reporting Directive (CSRD). DFGE has supported life cycle assessments, sustainability calculations and corporate social responsibility strategies for companies for more than two decades. Wolters Kluwer CCH Tagetik digitally enables companies to optimise enterprise-wide data to better manage complex global requirements, drive growth and navigate change. Through this new collaboration, DFGE will support and guide customers in helping them define their ESG strategy and calculation frameworks. DFGE will use the new CCH Tagetik ESG & Sustainability Performance Management solution to accelerate clients’ efforts to collect, report and analyse their ESG data. “Providing transparency into ESG practices is a necessity for large companies to remain competitive and relevant in today’s business landscape. Above all, it is important to have comprehensive ESG strategies and valid calculations,” said Thomas Fleissner, Founder and Managing Director of DFGE. CSRD is due to come into force in 2024, but the details of the underlying disclosure standards are still being finalised.
