Consolidating ESRS Reports

The consolidation feature streamlines the process of creating comprehensive, consolidated reports by bringing together multiple source reports into a single, unified document. It leverages automation and intelligent summaries to save time and improve accuracy.

The consolidated report is structured in three steps: defining the scope, summarizing the data, and writing the report. Unlike a regular report, data collection is omitted here, and only existing values from the source reports are used. While in a regular report, steps 2 and 3 involve setting up and performing data collection, in the consolidated report, these steps are combined into a single step, "Summarize Data".

Therefore, it is not possible to start new data collection. Instead, existing data from the selected reports is imported and merged.

Ensure that your source reports are fully completed. This means that all datapoints are completed, all data has been collected, all report sections are finalized and steps are finished. Only then is it recommended to begin the consolidation process.

Note: Only users with the roles of Admin and ESRS Module Manager can create and manage consolidated reports.

Creating a New Report

Click on "New Report" and select "Consolidated" as the report type. Enter the report details such as name and reporting period, then select the reports to be consolidated, and create the report.

Opening the Report

After creation, you are directly taken to step 2. Step 1, which defines the scope of reporting, is already completed and is based on the reporting framework of the included reports. If you would like to review or adjust the scope, you can reopen this step at any time.

Step 1: Determine Scope

In this step, you define which disclosure requirements and data points should be part of the consolidated report. By default, all data points included in at least one of the included reports are also enabled in the consolidated report scope.

Data points that should not be part of the consolidated report can be excluded. However, it is not possible to add new data points that were not included in any of the source reports, as no data collection exists for them.

The menu allows you to view the original report entries, including the reasons for excluding individual disclosure requirements or data points, as well as an overview of which source reports they were included in or excluded from.

Step 2: Summarize Data

The goal of this step is to merge the existing values and content from the source reports.

To do this, click on "Summarize Data" at the data point level. The values from the original report entries will appear below the respective data point.

• For aggregated, quantitative values, the values are automatically calculated for the consolidated report.

• For qualitative information such as text fields, the original report entries can be automatically summarized by the AI by clicking on "Generate automatically".

The menu of a data point also allows you to initiate collaboration if support is needed in merging the data and other colleagues should be involved. The menu also shows how the data was aggregated in the source report, as well as further details such as history, comments, and attachments.

Step 3: Write Report

In this step, the final report paragraph is written. The original report paragraphs from the source reports are displayed below the text field. Here, too, the report text can be summarized by the AI with a click on "Generate automatically". The completed report sections can then be finalized by clicking on "Mark as completed".

Why are my original report input not displayed?

Report entries are only displayed if the corresponding data point in the source report has been fully completed. Therefore, it's best to ensure that all data points and steps are fully completed before consolidation.