CSRD reporting made easy and managed by PwC
PwC+Workiva simplifies your CSRD compliance by combining Workiva’s ESG reporting platform with our proven CSRD reporting best practices, bringing you:
- Pre-built collection forms, GHG emission calculations and data aggregation built on embedded controls;
- CSRD report templates with GenAI;
- Add-on advisory services, e.g., writing support;
- NO implementation – our solution is always up to date and fully managed by PwC as regulations evolve;
- Payback within a year and on average +30% return-on-investment with a 3-year commitment.
Interested to see a demo?
Gain a strategic edge, because we help you:
Save time, effort, and money
Focus on strategic ESG priorities
Digitalise fast and cost-effectively
The challenge…
Companies subject to the Corporate Sustainability Reporting Directive (hereafter 'CSRD') must prepare ‘Sustainability Statements’ as of 2024 that are:
Audited
as of 1st year report
+50 pages
with +400 data points
+2.0 FTEs
needed to maintain
In EFRAG’s guidance1, a tool is clearly cited as critical to ensure auditable compliance. Companies have 3 options:
- Build
- Buy
- Managed by 3rd party
Footnote:
1 – EFRAG State of Play as of Q2 2024. Implementation of ESRS: Initial Observed Practices from Selected Companies
"We know businesses are navigating big challenges — geopolitical disruptions, high energy costs, resource shortages, and the push for sustainability. Add sustainability reporting (e.g., CSRD) compliance to the mix, and it can feel like there’s little room to focus on the business, competitiveness, and innovation. That’s why we want to simplify your CSRD compliance with our turnkey CSRD Reporting as a Service solution."
Our CSRD Reporting as a Service has you covered
Our CSRD Reporting as a Service solution typically comes with a multi-year commitment, providing you peace of mind during the critical initial years of evolving CSRD compliance while you focus on your core business and high-value sustainability initiatives. We work with you in a simple 5-step approach, supported by robust upskilling and step-by-step user guides to ensure simple compliance.
How it works
What you get
Our CSRD Reporting as a Service solution combines our pre-built CSRD Reporting set-up in Workiva, with our best-practice CSRD compliance advisory services, to enable year-over-year hassle-free reporting compliance. By leveraging the expertise and infrastructure of a managed service, your company can efficiently meet reporting requirements without the heavy investment in internal resources. Apart from access to best practices, your teams will be able to build a scalable and centralised solution, which streamlines assurance and audit-readiness and future-proofs your organisation against ongoing regulatory changes.
Download our detailed flyer
PwC's solution provides you with:
- Pre-built data collection forms, emission calculations and data aggregation built on embedded controls;
- CSRD report templates with GenAI and audit support;
- NO implementation – our solution is always up to date and fully managed by PwC as regulations evolve.
Additionally, clients can:
- Expand into integrated reporting including financial reporting and risk & controls;
- Request support on maintaining yearly Double Materiality Assessment, EU Taxonomy and report writing support.
Client Success Story
Context
A leading banking group is in scope of the Corporate Sustainability Reporting Directive (CSRD) and must prepare its first CSRD-compliant sustainability statement. With limited sustainability resources, fragmented digital solutions, and a positive business case for our services, the banking group decided to onboard our CSRD Reporting-as-a-Service solution.
Our services
We deployed our CSRD Reporting Solution within 6-weeks and allowed the banking group’s sustainability resources to directly document their double materiality assessment and launch all data collection in our platform. The full CSRD report or Sustainability Statement was then prepared within our solution and shared with the auditors for review.
Outcome
The result? A robust, CSRD-compliant report, ready for assurance and future audits, delivered efficiently through our platform with a <1 year payback period.
"Choosing PwC's CSRD Reporting as a Service solution was an easy decision for us because it was the most affordable option to prepare our CSRD report, allowed us to focus our resources on our customers’ sustainability priorities, and gave our management peace of mind. PwC takes the guesswork out of becoming CSRD compliant and allows us to focus on what’s really important – our sustainability message."
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