Schufa ESG Solution - Profile

Brief description: Schufa ESG Solution

The SCHUFA ESG Solution supports companies and financial institutions in ESG reporting for the EU Taxonomy and Corporate Sustainability Reporting Directive (CSRD).

The software has been in use since 2022 and represents a cross-industry solution for companies, banks, investors and insurance companies.

Functionalities of the Schufa ESG Solution

What are the main functions of the Schufa ESG Solution?

The top features and advantages of the Schufa ESG software:

Full regulatory coverage: EU taxonomy & CSRD reporting
AI support for fast, simple & resource-saving reporting
Effective task and user management for successful teamwork
Simple data exchange through import/export functionalities via API & XLS templates
Lots of support and training opportunities

What are the unique selling points of the Schufa ESG Solution compared to other CSRD tools?

The Schufa ESG Solution is the central platform for the collection and exchange of sustainability data between banks, investors and companies. It fulfills the requirements of the EU Taxonomy and CSRD in one platform. The ESG software solution is continuously updated in line with EU regulatory requirements and therefore always complies with legal requirements. The development partner Greenomy is involved in the EFRAG working group, for example, and is working with XBRL on the development of future standards.

How does the Schufa ESG Solution facilitate CSRD reporting?

The tool facilitates ESG reporting by providing astandardized and guided process. The user-friendly SaaS solution reduces complexity and facilitates data collection.

Useful tips, a step-by-step guide and best practice examples help with the collection and disclosure of the required sustainability information.

The Schufa platform also offers support from artificial intelligence (AI). Among other things Report fields are automatically filled in by extracting data directly from your documents, Questions related to legislation and regulation are answered and Action plans based on industry best practices derived from over 3,000 analyzed reports are automatically generated.

Further information

Integration and compatibility: The Schufa Solution can be accessed via Jason Rest API or via one of the many connectors to systems such as SAP & Microsoft Azure.
Ease of use and training: The intuitive platform contains user manuals, tutorials and offers an AI bot, among other things. There are also webinars on the SCHUFA Campus.
Data security and data protection: The platform partner Greenomy is certified according to EU-DSGVO, SOC2 AICPA and ISO / IEC 27001, among others. Data storage takes place in the EU.
Support and customer service: Schufa offers support by phone and email. Appointments can also be made with the support team via Microsoft Teams.
Future and further development: The solution should be able to cover other frameworks such as ISSB, GRI connectivity and ESRS VSME in the future.
Cost structure and scalability: Customers receive access to the platform after paying for an annual license. The costs are based on Group sales.