Behind the scenes of CSRD sustainability reporting at Produrable 2024 - with M6, Edenred, EXEL Industries, Servier
A richly instructive round table
Different starting points, same objective: to give credibility to CSR
At M6, Isabelle Verrecchia recalled the genesis of their CSR approach, born of consultation with all stakeholders. This avant-garde approach enabled them to lay solid foundations well before the arrival of the CSRD. Today, this initial work gives them a key advantage in meeting new regulatory obligations, while empowering their teams through structured carbon reporting.
At Servier, Fabien Masson highlighted a major initial obstacle: the difficulty for in-house teams to make the link between CSR strategy and corporate strategy. The tipping point? The integration of CSR into the Group’s strategic roadmap, Servier 2030, which has led to greater employee buy-in.
Edenred, for its part, has professionalized its approach by integrating key indicators into its CSR management system and involving local teams, who are often far removed from these issues. Flore Cholley emphasized that in a company where numbers are king, the credibility of the CSR approach depends on solid, shared data.
Last but not least, EXEL Industries, under the leadership of Patrick Tristani, has turned constraints into opportunities by involving its financial partners in the process. ” CSR is not a cost, it’s a reason to transform the company to be more resilient and competitive”, he asserted with conviction.
Transition to CSRD: a tall but necessary step
While the CSRD has imposed a complete overhaul of practices, everyone agrees that these regulations are a real lever for structuring a robust CSR approach.
At Edenred, the transition was based on a rigorous gap analysis , which identified 523 data points to be integrated, 70% of which are qualitative. The challenge? To transform this headache into an opportunity, thanks to tools capable of managing not only reporting, but also forecasts and forward-looking indicators.
Servier and M6 highlighted the importance of connecting financial and non-financial reporting. For Fabien Masson, this dual approach is the key to coherent reporting, anchored in the company’s reality. Isabelle Verrecchia, for her part, emphasized the opportunity offered by CSRD to structure methodologies and processes in a sustainable way.
At EXEL Industries, priority was given to dual materiality and long-term trajectories. ” CSRD is like the Olympic Games: demanding, but rewarding”, summarized Patrick Tristani.
Choosing the right tools to meet new challenges
The choice of a suitable tool proved decisive for all these companies, who opted for CSR Insight, the solution offered by kShuttle.
Isabelle Verrecchia(M6) was particularly impressed by the reliability of the data and the sense of responsibility it induces. “Our teams no longer validate lightly. The tool has enabled us to strengthen our methodology and get our staff more involved.”
For Edenred, CSR Insight has made it possible to harmonize reporting across its 45 countries, while offering advanced functionalities for anticipation and forecasting. Flore Cholley emphasized the importance of an intuitive platform, which facilitates the work of local teams, who sometimes lack expertise.
At Servier, the tool marked a significant step forward in data consolidation. Fabien Masson praised “a user experience incomparable with the old Excel files” and the seamless integration of workflows for greater reliability and traceability.
Finally, Patrick Tristani(EXEL Industries) stressed the importance of having a responsive and flexible support team, a quality he believes is essential to guarantee successful implementation.
Assessment: Sustainability reporting, an exercise in collective transformation
These testimonials highlighted a unanimous observation: CSRD sustainability reporting exceeds regulatory requirements.
This is a strategic lever to align financial and non-financial objectives, empower teams and transform companies.
By relying on robust solutions like CSR Insight and involving employees at every stage, these leaders are showing the way to a successful transition to a sustainable, compliant business model.
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