What is ESG reporting software?
ESG reporting software is an indispensable tool for companies to make their ESG reporting efficient and compliant.
ESG reporting refers to structured reporting on environmental, social and governance (ESG) issues. Not only does voluntary disclosure in the context of corporate social responsibility (CSR) play a role here, but increasingly also the fulfillment of legal requirements such as the Non-Financial Reporting Directive (NFRD ) and the Sustainable Finance Disclosure Regulation (SFDR).
ESG reporting software as a solution for complex requirements
The introduction of the EU taxonomy, which defines sustainable economic activities, and the European Green Deal, which aims to achieve a climate-neutral economy by 2050, present companies with new challenges. A ESGreporting software supports the implementation of these requirements by centrally collecting, analyzing and structuring extensive environmental, social and corporate governance data.
With such software, companies can:
- Consolidate data and present it in accordance with current reporting requirements.
- Creating transparency and promoting sustainable investments.
- Communicate your ESG strategy credibly and effectively.
Well-founded ESG reporting enables companies to anchor sustainability as an integral part of their business strategy. Specialized reporting solutions help to use resources more efficiently, minimize risks and secure competitive advantages in a regulated market. The software also offers tools to meet the requirements of the EU taxonomy and to create reports for various stakeholders such as investors or supervisory authorities.
Support for sustainable business strategiesESG reporting software is more than a tool - it is a guide to help companies achieve their ESG goals and make sustainable decisions. Whether it is the integration of financial data, the consideration of sustainability aspects or compliance with legal requirements, this software provides companies with the support they need to actively shape the transition to a more sustainable economy.
Use ESG reporting software to find answers to the complex questions surrounding ESG and take your reporting to the next level - make a free, no-obligation appointment now.
Who is obliged to provide ESG reporting?
While many companies currently still produce ESG reports on a voluntary basis, reporting is already mandatory for capital market-oriented companies. From January 1, 2025, the obligation will be extended to all large companies, including limited liability partnerships, banks and insurance companies. These include
- At least 250 employees
- Net sales of at least 50 million euros
- A balance sheet total of at least 25 million euros
- At least 10 employees
- A balance sheet total of at least 450,000 euros
- Sales revenue of at least 900,000 euros
The aim of these guidelines is to provide investors with a sound basis for sustainable investments through transparent sustainability reports. The EU taxonomy and the Sustainable Finance Disclosure Regulation (SFDR) also play a key role here.
Important: Micro-enterprises and non-capital-market-oriented SMEs remain exempt from the ESG reporting obligation.
The challenges of ESG reporting
ESG data is often available in different formats: Excel spreadsheets, PDF files or TXT documents characterize the reality in many companies. This diversity makes integration into an ESG reporting system tedious and time-consuming, resulting in a loss of valuable resources.
In addition, constantly growing requirements make work more difficult: no sooner has one report been completed than the next ESG guideline is published.
The uncertainty as to whether the previous sustainability reporting still complies with the legal requirements remains a constant companion. The continuous tightening of standards also increases the pressure to find ever more efficient and precise solutions.
This is where all-in-one software for ESG reporting comes in. It simplifies data collection, harmonizes different formats and reacts automatically to changes in the guidelines. This makes sustainability reporting not only faster, but also legally compliant - and your company is ideally equipped for future requirements.
Your lifeline: the all-in-one antares RiMIS® software
With a fully comprehensive ESG reporting platform at your side, the entire ESG reporting process suddenly feels much simpler.
From now on, all information will be brought together, stored and validated fully automatically in a central platform. The tool then guides you through the entire ESG reporting process - and of course takes the latest legal standards into account at all times.
If you have any queries, you no longer have to wait for emails from your colleagues. Instead, you can collaborate together in real time in the ESG tool and assign specific tasks and roles to those responsible with just a few clicks. Once all tasks have been completed, you can create your ESG report with just a few clicks of the mouse, which impresses with tangible facts, transparent dashboards and appealing diagrams.
You now have a structured and time-saving ESG reporting process. The days when most of your working time was lost in research are over once and for all. Instead, you can now concentrate 100% on the essentials: Creating meaningful sustainability reports with a high level of productivity that will help you meet your legal obligations while building trust with your stakeholders.
Does this sound like a promising future scenario?
ThenantaresRiMIS® is the right solution for you. Our ESG reporting tool is designed for companies that are constantly struggling with their ESG reporting due to high complexity.
Your profit:
- More time for other important tasks
- Sustainability reports that meet all legal requirements in first-class quality
- Compliance with legal requirements in accordance with the Corporate Social Responsibility Directive and other relevant standards
- Compliance with reporting standards
We would be happy to talk to you and show you how easy the otherwise complex topic of ESG reporting can be with this smart, digital helper.
Arrange your free appointment now and see for yourself the many practical features that you will soon no longer want to do without in your reporting:
ESG reporting with antares RiMIS® - sustainability reports in 3 simple steps:
- Step 1: Create your master data
- Step 2: Record your ESG risks
- Step 3: Create your ESG report in accordance with the current reporting standards with just a few clicks
4 steps to customized risk management software that fully supports you in ESG reporting
- Free consultation and offer: We invite you to a free consultation in which we will show you how antares RiMIS® simplifies your ESG reporting from the ground up. We will also present specific solutions for your individual challenges and provide you with a concrete offer for implementation, use and customizing.
- Workshop & customizing: Do you have individual functional requirements? In a joint workshop, we work out a precise roadmap on how we can adapt antares RiMIS® to your individual requirements.
- Technical realization: Our developers implement your wishes in antares RiMIS® within 2 - 3 weeks and thus master the step to quickly available individual software.
- Implementation: We implement the new software in your company on the agreed date and you receive your access data. Comprehensive training and ongoing support for the maintenance and further development of your solution are included.
Advantages of ESG reporting with antares RiMIS®
- Seamless ESG reports without wasting time
- Guaranteed CSRD-compliant sustainability reporting in accordance with reporting standards
- Flexibly customizable functions and modules
- Simple and uncomplicated collaboration with your colleagues & partners
- Visually appealing and customizable reports for your stakeholders
- Exceptional data quality that inspires management and board members
- Increased trust from your investors and customers
- Rapid integration of the sustainability software into your processes and upstream systems
- Future-proof solution for your complete sustainability management
Yes, I would like a time-saving ESG reporting solution
antares at a glance
- Leading software provider in the areas of ESG, GRC, business intelligence and risk management
- 30-strong team consisting of IT and technical experts
- Own in-house development team
- Around 30 years of experience in the development of information systems
- 3,000+ projects successfully completed
- 45,000+ active users work with antares information systems every day
Does antares RiMIS® meet the complex requirements of my company?
One of the great advantages of our software is its modular, flexible structure. This means that we can easily adapt antares RiMIS® to your individual needs. This gives you a customized software solution that is cheaper than individual software, but offers significantly more flexibility than standard solutions.
ESG reporting finally stress-free: with antares RiMIS®
You can see it in every corner of our society: sustainability is here to stay, which is why ESG reporting has now really taken off in many sectors.
With the replacement of the previous Non-Financial Reporting Directive (NFRD) by the Corporate Sustainability Reporting Directive (CSRD), many companies that were not previously obliged to report on ESG have been doing so since 2023. In general, the legal requirements for reporting have become more stringent, which is noticeably increasing the effort involved.
Those who fail to meet their obligations risk painful fines and may even scare away investors or customers. But even if you are not currently obliged to do so, voluntary ESG reporting can still make sense.
Studies show: Companies that take the issue of sustainability seriously have a competitive advantage in the long term:
- Because they proactively manage risk through ESG reporting
- Because they reduce costs and curb the waste of resources
- Because they improve their image and thus strengthen customer loyalty
- Because they attract new investors
Arrange a free product demo
Select your desired option and arrange a free, no-obligation consultation with our Managing Director Jochen Brühl.
We will answer your questions and ensure that you get to know our software in detail. We will be happy to show you the solution to your individual requirements. If you wish, we can then present our software's range of services to you, live and direct, via a web session or in person at your premises.
FAQs - frequently asked questions about ESG reporting with antares RiMIS®
An ESG (environmental, social and governance) report is a documented account of a company's environmental, social and corporate practices. It provides transparency about sustainability efforts, performance and impacts in order to inform stakeholders about non-financial aspects.
Since 2023, it has been mandatory for large corporations and capital market-oriented companies such as BASF, RWE, Bosch, Henkel and Telekom to prepare a sustainability report in Germany.
From 2026, the obligation to prepare a sustainability report will also come into force for SMEs. Small and micro enterprises will also have the opportunity to publish sustainability reports voluntarily. However, ESG reporting is not mandatory in this case.
Most sustainability reports are based on the following structure:
- Introduction and company profile
- Sustainability strategy and goals
- Environmental aspects
- Social aspects
- Governance structure
- Key performance indicators
- Stakeholder engagement
- Risk management
- Case studies and best practices
- Reporting standards and framework
- Outlook
- Independent audit and its results
antares RiMIS® is the right solution for you if you are looking for an intelligent solution for your risk management that also covers the important area of sustainability reporting.
Do you have special requirements or particular structures and processes that need to be taken into account in your ESG reporting? Thanks to our object-oriented development approach, we can quickly and easily adapt functions and modules to your individual requirements if necessary.
antares RiMIS® is a risk management software that fully covers ESG risk assessment and ESG reporting.
Yes, antares ESG software follows the requirements of CSRD. In addition, you can also use the tool to include EHS information as part of the environmental aspects in ESG reporting.
If your company is obliged to report on ESG or has decided to do so voluntarily, you will no longer want to do without antares RiMIS® in your day-to-day work.
How high the costs will be in your case depends on various factors, such as the desired scope of functionality, the complexity of your reporting system and the number of users.
We can go through these parameters together during a free demo and give you a rough estimate based on comparable projects from the past.
After commissioning, we usually need 2 - 3 weeks lead time to adapt the modules to your needs and prepare the implementation.
The implementation itself is then carried out on a fixed date. After extensive training, your new ESG reporting solution is ready to go.
A CSR guideline (Corporate Social Responsibility) describes the principles and measures that a company implements to promote sustainable and responsible action. It defines how the company integrates social, environmental and ethical requirements into its business processes. CSR policies typically cover topics such as environmental protection, working conditions, human rights, fair business practices and social commitment.