Once you've identified the material stakes for your company thanks to your Dual Materiality Analysis, the Gap Analysis enables you to take stock of the information you're already collecting and that which you'll need to collect as part of the CSRD.
Vendor
Tennaxia
Company Website

Overview
Tennaxia CSRD Gap Analysis is a comprehensive solution designed to help companies analyze and bridge the gap between their managed ESG (Environmental, Social, and Governance) data and the expectations set by the European Sustainability Reporting Standards (ESRS). The platform combines advanced technology with expert consulting to provide an end-to-end CSRD (Corporate Sustainability Reporting Directive) Gap Analysis experience. Tennaxia supports organizations in identifying material stakes, evaluating their current data collection efforts, and ensuring compliance with CSRD requirements.
Features
- Access to ESRS Texts and Data Points: The platform provides access to all relevant ESRS texts and data points, allowing companies to list those that are material for their operations.
- Progress Evaluation: Evaluate the state of progress regarding the publication of required information and ensure the auditability of data by attaching comments and supporting documents.
- Dedicated Dashboard: Navigate the Gap Analysis with a dedicated ESRS dashboard, visualizing the progress of CSRD implementation and identifying gaps.
- Quantitative and Qualitative Analysis: Identify gaps between monitored indicators and those required by the CSRD. Analyze systems and repositories used to collect and publish quantitative indicators, and train teams in CSRD expectations for qualitative information.
- Recommendations and Roadmap: Receive recommendations for governance, policies, procedures, and actions. Establish a macro roadmap for moving towards compliance with CSRD requirements.
- Expert Support: Benefit from the expertise of over 60 ESG and carbon experts who assist with materiality analyses, gap analysis, action plans, and more.
Benefits
- Enhanced Compliance: Ensure compliance with CSRD requirements by identifying and addressing gaps in ESG data collection and reporting.
- Expert Guidance: Leverage the experience of Tennaxia’s ESG experts to navigate the complexities of CSRD compliance and implement effective strategies.
- Efficient Data Management: Simplify ESG data management with a platform that reduces the time spent on data collection and analysis by up to 70%.
- Comprehensive Analysis: Conduct thorough quantitative and qualitative analyses to ensure that all relevant data points are covered and accurately reported.
- Actionable Insights: Receive actionable recommendations and a clear roadmap for achieving CSRD compliance, ensuring that your organization is well-prepared for regulatory requirements.
- Proven Success: Trusted by numerous organizations, Tennaxia’s CSRD Gap Analysis solution has helped companies achieve measurable progress in their sustainability reporting efforts.