Normative, known for its robust environmental impact assessment tools, has introduced a new product specifically designed to assist businesses in adhering to the EU’s CSRD.
According to ESG Today, this directive marks a significant overhaul, expanding the mandate from approximately 12,000 to over 50,000 companies required to disclose their sustainability practices.
The driving force behind the new product is the necessity to address the critical juncture that EU and UK businesses find themselves regarding ESG legislation. Normative highlights a recent survey indicating that a vast majority of sustainability decision-makers anticipate a rising importance of compliance in their operations, coupled with a prevalent challenge posed by gaps in regulatory and ESG framework knowledge.
Normative’s operational focus revolves around simplifying the complexities of carbon accounting for businesses across various sectors. They offer tailored solutions that help companies measure and manage their environmental impact effectively.
Functionality of the new product encompasses an integration of Normative’s Climate Strategy Advisors with their sophisticated platform. This product facilitates simplified data collection, enhanced by AI for accurate carbon calculations. Additionally, it provides access to GHG-protocol certified advisors who aid in streamlining the compliance process and in devising strategies for energy and cost reductions.
Additional features include a robust set of tools designed to make compliance not only manageable but a strategic advantage for businesses aiming to enhance their sustainability credentials.
In conjunction with this launch, Normative announced the appointment of Sebastien Blanc as its new CEO. His wealth of experience in scaling tech businesses is expected to drive significant growth and innovation within the company.
Sebastien Blanc commented on his new role and the launch, “Our vision is to help every organization, regardless of size or sector, to navigate the complexities of CSRD and to use it as a driver of positive change and competitive advantage. I’m thrilled to join Normative at this exciting stage of growth. Our new CSRD offering is a great example of our continued innovation and reinforces our position as one of the leaders in the carbon accounting and compliance industry. By combining expert guidance with cutting-edge technology, Normative will make CSRD reporting practical and actionable for all.”
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