The Corporate Sustainability Reporting Directive (CSRD) requires organisations to establish and track specific environmental, social, and governance (ESG) metrics. This guide explains how to set targets, action plans, and policies using the KEY ESG platform, focusing on pollution disclosures (E2).
Watch the video below to learn how to set CSRD-linked targets, action plans and policies:
1. Setting CSRD-Linked Targets
Targets enable you to measure the effectiveness of your ESG policies over time. Follow these steps to create and manage them:
Navigate to the Target Section
Go to the E2 Pollution Disclosure section and scroll to the "Targets Related to Pollution" metric (E2-3).
Confirm by selecting "Yes" to indicate your organisation has relevant targets.
Select or Create Targets
Use existing targets from your library or create a new one.
For example, to monitor phosphate emissions, select "Create Target," provide a name (e.g., "Reduce Phosphate Emissions"), and define the goal.
Define the Target Parameters
Choose a metric (e.g., reduction by percentage).
Enter the base year (e.g., 2020) and ensure data is available for the selected year (indicated by a green tick).
Specify the reduction target (e.g., 25% by 2028).
Assign Roles and Responsibilities
Identify the task owner, their role, and the responsible department.
Save and Monitor
Save the target. It will appear in your Target Library, showing details like annual reductions required.
Use the library to track progress and make updates as needed.
2. Creating Action Plans
Action plans outline the steps required to meet your targets. Here’s how to create and manage them:
Access the Action Plans Section
Navigate to "Actions and Resources Related to Pollution" (E2) and confirm "Yes" if you have action plans in place.
Create or Use Existing Plans
Either choose from pre-existing plans or create a new one.
For example, create an action plan titled “Reduce Phosphate Pollution” with the objective to decrease pollution by 25% by 2028.
Add Details
Enter the action name, description, and upload relevant documents if applicable.
Specify categories, start and end dates, and assign responsible personnel.
Track Progress
Update the plan’s status (e.g., "In Progress").
Log progress updates in the system. For instance, “Added monitoring stations at effluent discharge points.”
Save and Monitor
Once saved, the action plan will appear in the Action Plans Library, allowing for ongoing updates and tracking.
3. Uploading Policies
Policies serve as a cornerstone for your CSRD disclosures. Follow these steps to create and manage them:
Navigate to the Policies Section
Go to "Policies Related to Pollution" (E2-1) and confirm "Yes" to indicate the existence of relevant policies.
Create or Use Existing Policies
Choose a policy from your library or create a new one.
For example, create a policy titled “Environmental Pollution Policy”.
Provide Details
Upload the policy document and add a description.
Specify its category, owner, and launch/update dates.
Save and Track
Ensure you upload a supporting document before saving.
The policy will appear in the Policy Library, where you can view and manage it.
Answer General Questions
Complete any general policy-related questions to finalise the process.
Tracking and Updating Your ESG Data
Use the platform’s libraries (Target, Action Plans, and Policy) to view, manage, and update your data. Log progress regularly to ensure it aligns with CSRD requirements.
If you have any questions, reach out via the in-platform chat function, or by emailing support@keyesg.com.