Project name: Sustainability Reporting Tool
Project objectives and main activities: The Corporate Sustainability Reporting Directive (CSRD) will have to be incorporated into national legislation in all EU member states by 2025. EU law requires certain companies to disclose information on the way they operate and manage environmental, social and governance challenges, in ESG reporting format. Under the project the methodology for sustainability reporting will be developed according to the EFRAG standard and its guidelines. According to the methodology the tool will be developed as a digital reporting environment with the guidances what data to submit in order to fulfil the ESG report and receive the recommendations to their performance in sustainability areas.
Project period: 1.01.2023-31.12.2025
Project budget: 3 477 324 EUR
Project partners: Leadpartner Estonian Ministry of Economic Affairs and Communications, Estonian Ministry of Finance, Estonian Ministry of Environment, Environmental Investment Centre, ITL, Let’s do it Foundation/ SUSTAXO, Ministry of Economic Affairs and Employment of Finland, DIMECC LTD, Ministry of Environmental Protection and Regional Development of Lativa, LIKTA, Ministry of Economy and Innovation of Lithuania, INFOBALT, Poland WAMA COOP- The Association for the Development of Cooperatives and Local Entrepreneurship
Project activities supported by: Interreg Baltic Sea Region co-funded by the European Union