With key ESG reporting regulations such as the EU Taxonomy and the Sustainable Finance Disclosure Regulation (SFDR) covering more than 75 percent of European companies, across the EU and the UK, the regulatory environment is evolving fast.
Non-financial data, such as carbon emissions, is catching up with financial reporting burdens. And it’s not just the Environmental (“E”), it’s also social factors (“S”) and corporate governance (“G”).
Now, Berlin-based Greentech startup Plan A, which recently raised a $10M Series A round – has developed a new SaaS tool to cover this ESG reporting in an automated fashion.
It says its integrated module “automates measurement, analysis, and reporting of ESG performance, providing a central data management and reporting platform.”
This idea is that sustainability managers, also within VCs, can now peer into the ESG rating of their subsidiaries, portfolio companies, and suppliers through the Plan A Platform, reducing reduces data collection and analysis efforts to less onerous levels.
Plan A recently closed its Series A…