VERSO helps you define your sustainability strategy, implementing it company-wide and manage it on a single platform.
Customers, investors, employees and the public demand that companies take responsibility. CSR therefore means competitive advantage and future viability.
Why Corporate Social Responsibility?
- CSR helps to balance the existing tensions between investors, customers, the public and employees
- Companies that pursue a sustainability strategy are more innovative and often save costs
- Investors increasingly focus on sustainable companies and funds
- Customers, partners and the public demand transparency about the social and ecological contribution of companies
- Sustainable companies have a purpose, this is how they find and retain top talent
- Customers pay higher prices for sustainable products
CSR reporting obligations for companies.
Who has to report on what and how to prepare your sustainability report can be found in our factsheet which you can download here
EU law requires large companies to disclose certain information on the way they operate and manage social and environmental challenges. Directive 2014/95/EU lays down the rules on disclosure of non-financial and diversity information by large companies. This directive amends the accounting directive 2013/34/EU. Companies are required to include non-financial statements in their annual reports from 2018 onwards. This covers approximately 6,000 large companies and groups across the EU, including listed companies, banks, insurance companies and other companies designated by national authorities as public-interest entities that meet the following criteria.
How can VERSO's software help my business?
Here are six good reasons to use VERSO in your company.
Use cases where VERSO helps:
We have developed solutions for particularly important use cases that have a direct impact on the success of your company. All this in close and trusting cooperation with our long-standing customers:
Serve individual stakeholder interests with targeted information, strengthening the brand(s) and preventing reputational risks.
Manage, develop, and keep track of the current and future CSR strategy.
Internal information needs
Departments such as Sales, Marketing and Procurement are increasingly confronted with CSR issues.
Supply chains are becoming increasingly complex, larger and confusing. Large amounts of data need to be handled clearly.
The CSR Reporting Directive requires 6,000+ companies to publish a non-financial statement. SDGs, UNGC, DNG and GRI are further important guidelines for comprehensive reporting.