SEC Reporting with Sustaira
This is where we will have an overview of SEC/CSRD - what it is, why it matters, who it affects.
The SEC has proposed to advance rules that require the disclosure of the following information to essentially negate greenwashing:
Prospective risks and material impacts on the business, strategy and outlook caused by climate change, generally consistent with the Task Force on Climate-Related Financial Disclosures (TCFD) disclosures (e.g. asset risks at a zip code level)
Scope 1 and 2 greenhouse gas (GHG) emissions
Scope 3 emissions if material or if the registrant has set a GHG emissions reduction target that includes Scope 3 emissions
Additional qualitative and quantitative climate risk disclosures, including the financial impacts of severe weather events and other natural conditions and transition activities on line items of the financial statements
Governance of climate-related risks and risk-management processes
The proposed transition period for large filers is till FY2023 and SRCs till FY2025, for Scopes 1 and 2 disclosures. Registrants subject to Scope 3 disclosure would have one additional year to comply
The proposed rules have minimum standards for attestation frameworks, and would require an attestation service provider to meet certain minimum qualifications but would not require an attestation service provider to be a registered public accounting firm - essentially Sustaira can help!
The proposal would also require:
Support plans to comply with companies’ advertised environmental claims (e.g., net-zero commitments)
Assurance on a phased-in period for accelerated filers and large accelerated filers
Why Sustaira?
Low Code Building Block Approach
Strong partnerships with Siemens and their low code platform leader Mendix, Sustaira offers a building block approach which translates into highly flexible customization options, vast integration capabilities, and agility to adjust to any future requirements or policy changes that are expected across the globe.
Trusted and Proven Partnerships + Case Stories
Sustaira is not only backed by amazing partners, but among the first customers of Sustaira are organizations of all sizes, in different regions, and within a variety of industries, such as conglomerate Siemens Canada, renewable energy solutions provider Inovateus Solar, Xavier University of Louisiana, and manufacturer Logistick.
Broader Portfolio:
Beyond the E of ESG
Sustaira offers a broader portfolio going beyond Environmental reporting, also addressing Social and Governance topics. Sustaira has application sin all domains, including goals and KPI tracking, data aggregation and awareness, actions, results & rewards, and digital reporting. Sustaira offers one flexible app layer on top of all its internal and external data sources.
Sustaira Sustainability and ESG Launchpad
Sustaira Sustainability Circle
Sustaira Sustainability and ESG Launchpad
One of the many applications featured in the Sustaira ESG and Sustainability Launchpad. The Sustaira Goals and KPI Tracker Application.
One of the many applications featured in the Sustaira ESG and Sustainability Launchpad. The Sustaira Reporting Dashboard.
One of the many applications featured in the Sustaira ESG and Sustainability Launchpad. The Sustaira Carbon Accounting Application.
Prepare for SEC Regulations & Reporting with Sustaira Solutions.
Data Aggregation
Create your single source of Sustainability and ESG data with Sustaira’s Launchpad. Each tile represents an application, custom project, or other software. Bring everything together in a single, agile, smart layer, that sits on top of the systems you’re already using.
This launchpad is meant to work WITH what you already have. Have an application or system that you love for one piece of your sustainability journey? We can add a tile to the Launchpad for that piece and bring everything together.
Goal Setting & KPI Tracking
The Sustaira Projects & KPI module is designed with pre-built projects and tracking KPIs related to sustainable initiatives. Tied to the U.N. goals for sustainability or the framework of your choosing, you can assess the impact and ease of change with our QuickStart Survey, selecting those goals that you are most interested in. Then, choose from a buffet of pre-configured projects and KPIs to quickly add to your sustainability roadmap.
Sustainability Supplier Management
The Sustaira Sustainability Supplier Management solution is designed for quantitative and qualitative data intake and interaction with your suppliers. If you’re still using spreadsheets and emails to remind suppliers to submit ESG and Sustainability information, this solution is for you. Everything in this template is customizable and can be tailored towards your unique needs. Whether you use a questionnaire/survey or a data intake overview, it’s all possible. You can set actions, reminders and different data input parameters per supplier. This includes reporting and actionable insights.
Carbon and Emissions Accounting Scope 1, 2 and 3: Measuring impact throughout your supply chain
The Carbon Accounting Application is used by organizations to get an overview of their Scope 1, 2 and 3 emissions. Allowing organizations to make informed decisions around their sustainability efforts, not only internally, but throughout their supply chain. To do this, the carbon accounting module uses answers from our survey to build a reflexive dashboard that highlights action items to calculate the impact environmentally and financially. Dive into Scope 3 and open this up to your suppliers or external stakeholders as well!
ESG Disclosures & Reporting App
Navigating an “alphabet soup” of disclosure frameworks, protocols, and standards is a challenge that many are facing within ESG and Sustainability. The Sustaira Disclosures and Reporting Application gives users a prebuilt disclosure structure to walk you step by step through your disclosure process.
Custom Sustainability and ESG Apps
There are unique projects that require extensive specialization expertise and attention. For those, our expert development team can take your ideas and bring them to life. Our team uses an Agile Methodology and works alongside your team the entire time. Have something special brewing? Let us help.
Read, watch, and download more content via the Sustaira Content Hub!
I’m Interested.
If you’re interested in any of the Sustaira solutions or offerings, please fill in your information and we will contact you to to get started.
