Karbonpath is an integrated software platform that manages extra-financial compliance and ESG performance, ensuring organizations meet CSRD requirements through reliable data collection and traceability. The platform enables companies to monitor environmental and social indicators, conduct double materiality analyses, and generate actionable sustainability reports, facilitating their transition to sustainable business models.
Funding
Funding not disclosed
Founders
Product
Problem
Many organizations struggle to meet the Corporate Sustainability Reporting Directive (CSRD) requirements due to difficulties in collecting, tracing, and auditing extra-financial data. This lack of reliable data hinders their ability to monitor environmental and social indicators, conduct thorough double materiality analyses, and generate actionable sustainability reports.
Solution
Karbonpath is a software platform designed to streamline extra-financial compliance and enhance ESG performance, ensuring organizations can effectively meet CSRD requirements. The platform facilitates the definition of ESG strategies and policies, enabling companies to perform double materiality assessments to identify impacts, risks, and opportunities. It supports the selection of relevant data points from the European Sustainability Reporting Standards (ESRS) and automates the generation of sustainability reports in the format required by CSRD. By integrating with existing information systems, Karbonpath secures the traceability, auditability, and reliability of ESG data, making ESG processes more reliable from strategy to regulatory reporting.
Target Audience
Karbonpath is designed for organizations needing to comply with CSRD requirements and improve their sustainability performance, including companies across various sectors required to report on environmental, social, and governance factors.
Features
- Double materiality assessment to evaluate impacts, risks, and opportunities
- Selection of data points from the 1135 data points of ESRS
- Carbon Footprint and Life Cycle Assessment modules for measuring environmental impact
- Integration with existing information systems for automated data collection
- Real-time monitoring of environmental and social indicators
- Action plan management for aligning objectives with ESG strategy
- Customizable sustainability report generation compliant with CSRD requirements