Tech Industry
Executive Summary
This case study outlines the journey of a global food industry company, with operations across 10 countries, towards comprehensive ESG reporting and management. Goals were reached within a few months.
Confronted with the daunting task of consolidating reporting to align with managerial expectations, legal mandates, and voluntary standards, the company embarked on a quest for a solution capable of centralizing, streamlining, and bolstering ESG data management and communication, all while mindful of the organization's already strained time and budget constraints. The adoption of denxpert’s CSRD software proved to be pivotal in addressing these challenges, transforming ESG and CSRD reporting and management across the organization.
Challenges Faced
In house expertise
Lack of ESG expertise and dedicated in house staff
Centralized ESG Reporting
Managing ESG reporting from the HQ without dedicated local experts
Legal and Voluntary Reporting Requirements
Fulfilling CSRD, EU Taxonomy, CSDDD, TCFD, and CDP requirements
Employee Engagement and Education
Cultivating a company-wide understanding and support for ESG initiatives
Impact Achieved
Streamlined ESG Reporting
Centralized and efficient reporting process across all operational locations in 2 months.
Compliance and Beyond
Successful compliance with legal requirements and voluntary standards, enhancing the company's sustainability profile.
Organizational Engagement
Increased awareness and support for ESG within the company, fostering a culture of sustainability.
Supplier Sustainability
Improved management of supply chain sustainability, including supplier ratings and data sharing.
Solution Implementation
Expert Support
denxpert in house expert helped in setting up expectation and guided us to CSRD compliance
Double materiality
a simple to use template was adjusted to our companies needs and sent out to key stakeholders and by using industry standards was fine tuned
Unified Reporting Platform
denxpert's CSRD software provided a single system for all reporting needs, from compliance to supply chain management.
Responsibility tracking: Enabling assignment of ESG tasks across departments including EHS, HR, and procurement.
Data Efficiency
Ensuring data is collected once and utilized across multiple reports, enhancing efficiency.
Compliance and Voluntary Reporting
Meeting legal requirements like CSRD and fulfilling voluntary reporting needs like TCFD or supply chain related seamlessly.
Management Communication
Establishing clear, data-driven communication channels with management for informed operational and strategic decision-making.