As a result of the CSR reporting obligation coming into force, large listed companies with more than 500 employees will in future have to provide information on their non-financial activities.
But in many places, the right processes and solutions to efficiently create the reports are still missing. The SAP service provider Abat is responding to this need: The company is further expanding its portfolio in the area of sustainability management and has acquired a 51 percent stake in the start-up ID-Impuls.
In many companies, compiling the data is very tedious. The data for CSR reports is often collected and maintained manually across multiple sites in the form of Excel lists. This is not only an extremely high effort, but also prone to errors.
This is exactly where the Storm (Smart Online Reporting & Management) solution comes in.
"The use of intelligent IT solutions is an essential component of holistic sustainability management. Only in this way can all processes be designed sustainably and efficiently."
says Hinrich Meisterknecht, CEO of Abat.
"So for us, participating in ID-Impuls is a logical step to meaningfully complement our sustainability offering."
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