Companies face three key issues in CSRD-reporting:

1. No framework or ready-made documents for creating the report.

2. ESEF-tagging the report, converting it to a machine readable format and validating the tags. 

3. Compiling data for the report from internal databases and ERP-systems and external sources.

In co-operations with the Finnish government and Altoros, Sustashift has developed a program that provides model documents, tags the report automatically, converts it to a machine readable format and validates the tags. 

If interested contact below:
 

The solution

The solution to the issues above is C-Tag, that: 

1. Contains model documents covering all ESRS standards with explanations for what to fill in. (The requirement and relevant guidance and definitions from the ESRS). These will be automatically adapted according to the double materiality result of the client. 

2. Automatically tags to report in under a minute. Completely eliminating the need for a separate ESEF-tagging program and hundreds of hours of manual tagging. The program converts the report to a machine readable format and validates the tags. 

3. Allows for automated data flow from company databases, ERP-systems and outside sources. 

This means that the client can start writing the final report in the correct format to a ready platform. No need for a separate ESEF-tagging program and manual tagging. 

How it works

First the model documents are configured according to the result of the clients' double materiality assessment. 

Then the client uses the model documents to write and compile the content of the CSRD-report and automatic data flows are created. 

When the report is done the program automatically tags the report, converts it to a machine readable format and validates the tags. 

Pricing

Other service providers like to hide their prices. We don't!

For 19 000€ + VAT you will receive C-Tag. No extra fees for e.g. file conversion, validations or data upkeep. 

Competitors

Comparable solutions for model documents and data integration cost 30 000€ - 100 000€.

The manual tagging program cost between 10 000€ - 30 000€ and you still need to do all the tagging work manually. 

In brief, other options offer less and cost more. 

Financial statement

C-Tag can also be used to automatically produce the clients financial statement and ESEF-tag the report. 

All of the content of the annual report can be tagged, converted and validated with C-Tag.

Sustashift

Sustashift advises the largest companies in Finland in conducting double materiality assessments and CSRD-reporting in the sector of e.g. finance, petrochemicals, telecommunication, health technology, real estate, circular economy, insurance and banking. 

Interested?

If you are interested contact below and we will showcase the solution:

verneri.laakkonen@sustashift.com

+358 50 303 9291