#68 Donato Calace: Can Data Solutions Make ESG Easier and Better?

Are there other ways to make green legislation easier for businesses besides dismantling the system? Listen to Donato Calace, SVP Market Leader, Partnerships & Innovation at Datamaran.

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As the European Commission prepares to unveil its #omnibus proposals to "simplify" the EU sustainability framework, we wonder if there are other ways to make green legislation easier for businesses besides dismantling the system.

This week on the podcast, Richard Howitt is joined by Donato Calace, SVP Market Leader, Partnerships & Innovation at Datamaran as well as a member of EFRAG’s Expert Working Group on EU Sustainability Reporting Standard.

Together they discuss ESG data and how to scale up those solutions to give the support companies need in their reporting exercise. You’ll also hear more about:

The need to evaluate the current sustainability reporting based on evidence and practice before making changes to the CSRD or CSDDD
Data and data management systems as tools to simplify sustainability requirement implementation
How big developments in data will reshape how insights are formed
Donato’s work on materiality and the misunderstanding that still exists between finance and sustainability in the business

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"What I think is a bit questionable is the timing of it all. It's hard to improve something that you haven't tested just yet. This year we'll see the first wave of reports. There will be a lot of lessons learned out of that. But do we have enough to make a significant contribution or improvement to the CSRD and CSDDD? That's a big question mark. From the practitioners’ side, there's no simplification that comes out of uncertainty and confusion. I'm really dubious that reopening regulations that took years to get to the point where they are right now can be done in an effective way in a few months."