Connect with us

Bussiness

Vodafone Business Launches New CSRD Sustainability Reporting Solution – ESG Today

Published

on

Telecommunications company Vodafone’s digital communications solutions unit Vodafone Business announced today the launch of Vodafone Business ESG Navigator, a new software solution aimed at enabling companies to address their sustainability reporting needs, with a particular focus on the EU’s Corporate Sustainability Reporting Directive (CSRD), in collaboration with sustainability reporting software provider Envoria.

Founded in 2018, Munich-based Envoria provides solutions enabling companies to meet sustainability reporting requirements, calculate CO2 emissions, implement EU Taxonomy regulatory requirements, and address supply chain laws. The company is part of the Vodafone UPLIFT program, which partners with innovative startups to work on specific applications for market-ready solutions.

Sven Schubert, CEO & Co-Founder of Envoria, said:

“Thanks to the partnership with Vodafone Business, we can make our proven ESG software accessible to a wider range of companies, helping them meet increasing sustainability demands. We are confident that the new Vodafone Business ESG Navigator will become an essential tool for sustainable business management for all Vodafone Business customers.”

The CSRD is a major update to the EU’s Non-Financial Reporting Directive (NFRD), the previous EU sustainability reporting framework, significantly expanding the number of companies required to provide sustainability disclosures to over 50,000 from around 12,000, and introducing more detailed reporting requirements on company impacts on the environment, human rights and social standards and sustainability-related risk. The CSRD took effect from the beginning of 2024 for large public-interest companies with over 500 employees, followed by companies with more than 250 employees or €40 million in revenue in 2025, and listed SMEs in 2026.

According to Vodafone, the new ESG Navigator provides a central collection point for all ESG-relevant company data, bringing together data points from different locations and systems for processing and analysis, and enabling the creation of legally compliant reports using pre-defined templates.

In addition to CSRD compliance, the solution also enables companies to adhere to the EU Taxonomy, and to calculate Scope 1, 2 and 3 emissions.

Manja Gerhardt, Senior Innovation Product Manager at Vodafone, said:

“Sustainability is not just a trend but a necessity for future-proof business models. With the ESG Navigator from Vodafone Business and Envoria, we provide our customers with a powerful solution to pursue their ESG goals and report in compliance with regulations.”


Continue Reading