Articles

Jesse Maula, Ecobio Oy’s new CEO, has a background in the service design and marketing industries. He will lead the…

The EU Commission released the Omnibus package suggesting changes to CSRD, CSDDD and EU Taxonomy legislations 26 February 2025. The…

The Corporate Sustainability Due Diligence Directive (CSDDD), also known as CS3D, is a legislative initiative by the European Union. It…

What is the CSDDD in the EU? The Corporate Sustainability Due Diligence Directive (CSDDD) is a new legislative measure introduced…

The Corporate Sustainability Due Diligence Directive (CSDDD) is a legislative measure adopted by the European Union to promote sustainable and…

Ecobio Manager CSRD and EU Taxonomy Software – Interview with Antti Heinilä Antti Heinilä, Ecobio Manager’s Chief Growth Officer, introduces…

What is ESAP? ESAP, or the European Single Access Point, is a centralised platform where companies’ sustainability statements will be…

Tagging of the ESRS sustainability statement will be mandated by the European Union. The European Financial Reporting Advisory Group (EFRAG)…

What is the CSRD Regulation? CSRD regulation, or officially the Corporate Sustainability Reporting Directive, is a significant legislative initiative introduced…

VSME: Voluntary Sustainability Reporting Standards for SMEs VSME are voluntary sustainability reporting standards for small and medium-sized enterprises (SMEs). These…

CSRD auditing involves an independent, external review of a company’s sustainability report. The Corporate Sustainability Reporting Directive (CSRD) is EU…

What is the GRI Reporting Initiative? The GRI reporting initiative is a globally recognised sustainability reporting framework. The international non-profit,…

ESG software plays a vital role for businesses striving to comply with the sustainability reporting outlined by the EU’s Corporate…

ESG management has become increasingly closely integrated into companies’ business strategies. What exactly does ESG management mean, and how can…

What does ESG mean? The meaning of ESG, in simple terms, is Environmental, Social, and Governance. ESG refers to criteria…

ESG criteria often come up when discussing sustainable investing and responsible investors. These criteria are crucial for evaluating a company’s…

ESG and sustainability are the two sides of the same coin. ESG stands for Environmental, Social, and Governance. Sustainability, on…

CSDDD, sometimes called CS3D, will help the EU regulate corporate responsibility more closely. The Corporate Due Diligence Directive ensures that…

What are the three pillars of ESG: Environmental, Social, and Governance? Environmental, Social, and Governance are the three pillars that…

What is ESG Reporting? ESG reporting involves disclosing information about a company’s ESG practices. ESG stands for Environmental, Social, and…

EFRAG, the CSRD advisory body for the European Council has been entrusted with a pivotal role in developing the Corporate…

CSRD and CSDDD are both sustainability directives passed by the European Commission. The CSRD is the Corporate Sustainability Reporting Directive,…

CSRD Scope 1, 2, and 3 Emissions CSRD and Scope 1, 2, and 3 emissions are closely intertwined. With the…

The sustainability statement is the result of sustainability reporting. Sustainability reporting ensures that businesses are accountable for their environmental and…

The European Sustainability Reporting Standards (ESRS) are sustainability reporting standards adopted by the European Commission to serve as a framework…

EU Taxonomy Minimum Safeguards ensure that companies whose economic activities can be defined as environmentally sustainable under EU Taxonomy adhere…

ESRS reporting framework and the CSRD directive will transform sustainability reporting across the EU into a unified and standardised system….

CSRD and the ESRS Standards mark a new era of corporate sustainability in the European Union. The CSRD and its…

EFRAG and The ESRS Standards are closely tied together. EFRAG originally developed the ESRS standards, therefore guiding the CSRD reporting….

ESG stands for Environmental, Social, and Governance. Stakeholders, specially investors, often consider these factors when making important decisions. ESG factors…

The European Union has a strategy of twin transition in sustainability. This means achieving the goals of corporate sustainability through…

EFRAG and ESRS are two acronyms often tied together in sustainability reporting. But what is the role of EFRAG, the…

The costs of CSRD reporting may seem high at first. Companies must comply with CSRD and the ESRS standards and…

The Technical Screening Criteria (TSC) defined through the EU taxonomy regulation provide the basis for the classification of environmentally sustainable…

ESEF, the European Single Electronic Format is a crucial part of the sustainability reporting process. The sustainability report, also known…

Stakeholder engagement is crucial for a successful sustainability reporting (CSRD) process. The foundation of the CSRD reporting process is the…

Helsinki 21.06.2024 We are delighted to announce that we have been officially recognised as a “Friend of EFRAG – Sustainability…

The CSRD framework is a complex collection of reporting requirements on sustainability information. In this article, we’ll outline the legal…

For CSRD reporting to be successful, digitalisation is a must! The European Union is entering a new digital era. In…

Introduction to CSRD Assurance The Corporate Sustainability Reporting Directive (CSRD) requires assurance, which provides credibility to companies’ reported information. The…

EFRAG has announced the finalisation of its first three ESRS implementation guide documents. Since December 2023, EFRAG has collected public…

EU Taxonomy KPIs, short for Key Performance Indicators, are essential to the EU Taxonomy puzzle. The EU Taxonomy covers 6 environmental…

ESRS – short for European Sustainability Reporting Standards. ESRS are mandatory disclosure standards that companies obliged to report under CSRD…

The CSRD and ESRS will change sustainability reporting across the EU to be unified and standardised. CSRD and ESRS are the…

The EU Taxonomy Classification is a system that defines activities that can be considered environmentally sustainable. This creates a common…

CSRD software is an invaluable instrument for CSRD reporting. Old methods like Excel cannot fully meet the requirements of the…

CSRD expands the detail of reporting compared with the requirements defined under the NFRD. Furthermore, companies are required to report their sustainability information following the new European Sustainability Reporting Standards (ESRS). Read more.

The Corporate Sustainability Reporting Directive (CSRD) marks a transformative shift in corporate (sustainability) reporting standards, bringing sustainability considerations to the…

CSRD reporting standards, known formally as European sustainability reporting standards (ESRS) that are at the forefront of corporate sustainability initiatives,…

The CSRD gap analysis is pivotal for ensuring CSRD compliance. Performing a thorough CSRD gap analysis is an essential initial…

5th of March 2024 Fresh Finnish solution reduces costs by up to half. CFOs should take an interest in sustainability…

Double Materiality is a principle and a method that companies need to follow to be able to create their sustainability report under the CSRD (Corporate Sustainability Reporting Directive) and ESRS (European Sustainable Reporting Standards).

With the European Union leading the charge towards a greener future, companies operating in the energy sector must adapt to meet strict sustainability reporting requirements outlined in the Corporate Sustainability Reporting Directive.

CSRD (Corporate Sustainability Reporting Directive) came into force 1.1.2023, became applicable 1.1.2024, and amends the accounting directive 2013/34/EU. CSRD will…

CSRD timeline outlines the phased implementation of the Corporate Sustainability Reporting Directive, starting from 2024, with the first set of…

EU Taxonomy came into force in 2020 and is an EU-wide reporting regulation aspart of the EU Green Deal plan…

EU Taxonomy reporting requires non-financial companies to report on their performance regarding the EU taxonomy for the financial year 2023,…

EU Taxonomy objectives refer to 6 environmental objectives under which activities and their corresponding technical screening criteria will be defined….

The EU Taxonomy Regulation entered into force in the summer of 2020. All companies covered by the scope of the EU taxonomy have needed to report on eligibility and alignment for these activities since 1.1.2023.

Sustainability reporting has become a vital component of modern business practices, driven by the increasing importance of environmental, social, and…