ESG Disclosure: Article 4 | The advantages of automated sustainability reporting

«Sustainability reports will represent a competitive advantage in the future.»

Implemented once. Ready every year.

MDD offers its full long-term support for reporting processes. This includes technical know-how, preparation, the establishment of repetitive creation processes and the output of reports. The output formats of the sustainability reports are diverse: as a printed version or PDF, as online reporting, quick report or in XBRL format, which enables the required machine readability of the data. You decide which output format is ultimately suitable. Once the data has been implemented, the output of different formats is no problem.

For local heroes and global players.

The advantage of the MDD platform is that customers can grow with it. Anyone who starts small today, is entrepreneurially successful tomorrow and becomes XBRL-compliant can expand with the MDD platform.

Simple integration processes.

We advise our customers in detail on the establishment of reporting processes. For example, when it comes to setting up the initial Excel to make the roll forward from Q2 to Q3 as efficient as possible. In principle, this can save up to 50% of the time.

Once the creation process has been established, colleagues can work directly on the MDD platform using standard Microsoft Office programs such as Excel, Word and others. This means there is no problem transferring the data to the MDD platform later on, which is crucial for the efficiency of the report creation process.

Growing with a new role.

With the MDD platform, users will be able to concentrate on editing content and facts in future. If figures change at short notice, all that is needed is a correction, which is then automatically applied to all other relevant parts of the company report. This saves additional time and costs. Data security is guaranteed at all times. The data centers are located in Basel and Zurich.

Good prospects for the future.

In the future, sustainability reporting will represent an advantage in business competition because data and developments will become comprehensible and comparable - especially through XBRL, i.e. the machine-readability of data. Those who do not publish a sustainability report will be at a disadvantage because figures will not be available and investments will not be made. Those who take on a pioneering role in this respect will be seen.

Would you like to find out more details about ESG disclosure or the automated creation processes for sustainability reporting?

Book a connect call with Fabio Negro, COO at MDD or view his contact details below. 

Note on the article series:

• This was article Nr. 4 which illustrates the advantages of the MDD platform in the preparation of sustainability reports.
• Article Nr. 1, provides basic insights into ESG disclosure and the obligation to publish a sustainability report. Read it here.
• Article Nr. 2 provides information on the current ESG disclosure rules and which companies are affected in Switzerland. Read is here.
  
• Article Nr. 3 answers the most important questions on how companies can prepare for the obligation to publish a sustainability report. Read it here.