In the fast-changing landscape of sustainability reporting, large companies are facing a tough challenge—the uncertainty of approval for their sustainability reports. Recent research shows that many of these organisations may not meet the tight deadlines set by the new European sustainability rules, outlined in the Corporate Sustainability Reporting Directive (CSRD). The stakes are high, as failure to comply could lead to additional investigations and potential penalties, raising concerns among accountants and regulatory bodies.
The heart of the problem lies in the complexity of data collection, a sentiment echoed and acknowledged by major accounting firms such as PwC. But not to worry – that’s where hello energy comes in! By offering high quality data collection and management capabilities, hello energy is the tool to help firms reach their net-zero carbon and reporting commitments more easily, securely and effectively in this new year.
How hello energy bridges the data gap
Effortless Data Collection: With hello energy, large real estate owners can streamline the collection of critical data such as energy usage, CO₂ emissions, water consumption and other utilities. From the start, hello energy helps you get tenant authorisation to share and obtain data from metres (or make them smart!), and allows you to create and share sustainability performance reports of all your data based on filters such as a specific time, data stream or data from a specific utility. Our user-friendly platform facilitates a smooth transition towards compliance with the CSRD, ensuring that organisations are well-equipped to meet reporting requirements.
Holistic Data Management: Beyond mere collection, hello energy empowers users to effortlessly monitor and assess the status of all energy-related data connections across multiple buildings. This holistic approach ensures a comprehensive understanding of energy consumption, production and sustainability goals.
Reliable External Validation: The new rules necessitate external validation of sustainability reports by accounting firms. With hello energy, organisations can boost their confidence in the accuracy and quality of their data, minimising the risk of receiving a ‘declaration with a limitation.’ The platform serves as a reliable partner, ensuring that sustainability reporting aligns with the stringent standards set by the CSRD.
As the regulatory landscape evolves, the role of quality data becomes more important than ever. hello energy is here to support organisations towards not just compliance but excellence in sustainability reporting and collection of high quality data. Explore the future of data-driven decision-making with hello energy and fortify your journey towards ESG excellence.
Ready to boost your sustainability reporting capabilities? Explore hello energy today!