Overview of CSRD template (preview)
Important
Some or all of this functionality is available as part of a preview release. The content and the functionality are subject to change.
In April 2021, the European Commission adopted a legislative proposal for a Corporate Sustainability Reporting Directive (CSRD). The directive requires companies within its scope to report on environmental, social, and governance (ESG) matters using a double materiality perspective in compliance with European Sustainability Reporting Standards (ESRS).
To help you understand and explore the data required for CSRD reporting, Microsoft Cloud for Sustainability includes a CSRD draft premium template in Purview Compliance Manager.
Important
Because the ESRS data points are in public consultation from European Financial Reporting Advisory Group (EFRAG), the template represents draft data points that are subject to change. Compliance Manager helps you assess and manage compliance across your environment. Compliance Manager can help you with the following tasks throughout your compliance journey:
- Take inventory of your data protection risks
- Manage the complexities of implementing controls
- Stay current with regulations and certifications
- Report to auditors
To learn more about Compliance Manager, go to Microsoft Purview Compliance Manager.
With CSRD, the solution is extended to support sustainability reporting regulations.
Prerequisites
To access the CSRD template (preview) in Compliance Manager, you must meet the following prerequisites:
Access to Compliance Manager: For information about licensing requirements, go to Get started with Compliance Manager.
Access to the Compliance Manager CSRD premium template: For information about licensing requirements for premium templates, go to Announcing new pricing and capabilities in Compliance Manager premium templates.
Note
You can view the CSRD template details in Compliance Manager for free. You need to purchase the template if you want to perform an action on the template such as create an assessment. The following articles outline the capabilities in Cloud for Sustainability that help you to prepare and audit your ESG data for CSRD requirements.
| Article | Description |
|---|---|
| Explore CSRD disclosures | Launch the CSRD template (preview) in Compliance Manager, where you can explore and understand the scope of the CSRD requirements. |
| Prepare data for CSRD disclosures | Prepare your metrics data in Sustainability data solutions in Fabric (preview). |
| Visualize CSRD disclosure metrics data | Configure a connector to import disclosure metrics data from Sustainability data solutions in Microsoft Fabric (preview) and connect the connector instance to the assessment to visualize the disclosure metrics data against CSRD disclosure requirements in Compliance Manager. |
| Audit CSRD disclosure metrics data | Invite internal or external auditors to audit your metrics data in Compliance Manager, where they can review and add comments. |