ESG Data Guide 2024

ISS-Corporate - Celsia Sustainability Reporting Software

Data category

  • Environmental data
  • Governance data
  • Research data
  • Social data
  • Regulatory Reporting

The data offers solutions for:

  • Reporting: CSRD
  • Reporting: EU Regulations
  • Reporting: Other Regulations
  • Reporting: SFDR
  • Reporting: TCFD

Who are the data users?

  • Corporates
  • Financial institutions
  • Investors
  • Private Equity firms

Brief description of the data offering

The Celsia SaaS solution streamlines sustainability management and regulatory reporting for companies, particularly focusing on the European Union’s CSRD regulation. It supports an efficient workflow that includes determining requirements, data collection, development and tracking of sustainability targets, and automatically generating the final regulation-aligned report. With a comprehensive EU Taxonomy reporting module, Celsia also supports private equity firms and their portfolio companies to manage their EU Taxonomy and PAI reporting as outlined in the European Union’s SFDR regulation. Celsia makes the sustainability reporting process more efficient by using AI to automatically extract relevant data from existing company documents. The solution supports efficient workflows with features like data access control, user responsibility assignment, progress tracking, and collaborative data collection. Celsia SaaS enables tracking of data and decision-making processes across the platform, facilitating both internal and external audits of a company’s disclosures.

Where and how do you source your data?

The company’s sustainability data is provided by the client through direct data entry, AI-assisted data parsing through the upload of available company documentation, and API integrations to relevant systems.

ISS-Corporate’s Celsia SaaS solution enables users to:

  • Determine which data is needed;
  • Link reporting indicators to relevant targets, actions, and topics;
  • Automatically retrieve data from existing systems through integrations;
  • Track changes and documentation to ensure the data is auditable;
  • Automatically aggregate data across business units for the company and group level;
  • Run built-in calculations.

What is the cost for your data offering?

Pricing for this solution is available upon request.

What are the key attributes that differentiate the data you offer?

Our comprehensive regulatory sustainability reporting suite stands out due to our user-centric approach. We assist companies in utilising their existing data and offer clear, step-by-step guidance on the specific data needed for reporting. This ensures that companies can easily meet regulatory requirements by leveraging their own data effectively.

Most recent significant update:

Our most recent significant update involves the integration of AI into the data ingestion process. This advancement allows companies to upload unstructured data in any format, with our system providing suggested disclosures based on the uploaded content. Additionally, when specific data points are required, our AI capabilities enable the system to search for and map these data points from the uploaded files or linked systems, significantly streamlining the reporting process.

Planned future enhancements:

We are planning to expand our coverage to include additional reporting frameworks such as the new International Sustainability Standards Board (ISSB) standards, California's sustainability laws, and the US Securities and Exchange Commission (SEC) reporting requirements. These enhancements will ensure our tool remains at the forefront of regulatory compliance, offering broader and more versatile reporting capabilities.

What trends are you seeing in terms of customer demand?

We have observed a growing trend among clients who are seeking to enhance the efficiency of their sustainability reporting through a dedicated, specialised system. This shift reduces their reliance on consultant support, eliminates the need for custom spreadsheets that require constant updates, minimises manual data loading and collection, and improves overall workflow efficiency.

Contacts

Petter Reistad, Head of Regulatory Strategy & Business Development, ISS-Corporate

petter.reistad@iss-corporate.com