Carbon accounting software provider Normative announced today the launch of a new offering aimed at supporting businesses in meeting the disclosure requirements under the EU’s new Corporate Sustainability Reporting Directive (CSRD).

The CSRD is a major update to the EU’s sustainability reporting framework, significantly expanding the number of companies required to provide sustainability disclosures to over 50,000 from around 12,000. Based on new underlying European Sustainability Reporting Standards (ESRS), the CSRD introduces more detailed reporting requirements on companies’ impacts on the environment, human rights, and social standards, and for sustainability-related risks.

The new offering comes as businesses across the EU and the UK are at a critical point with regards to ESG legislation, Normative said, noting the findings of a recent survey by the company revealing that 82% of sustainability decision-makers expect the importance of compliance to increase within their business, while 53% say that “a knowledge gap in regulatory requirements and ESG frameworks is a challenge.”

The new offering combines Normative’s Climate Strategy Advisors and the company’s platform, with key features highlighted by Normative including simplified data collection with AI-supported carbon calculations, and access to a team of GHG-protocol certified Climate Strategy Advisors to streamline the compliance process, in addition to providing reduction planning to help identify ways to cut costs and save energy.

In addition to the new CSRD offering, Normative announced the appointment of Sebastien Blanc as its new CEO, with the company noting his extensive experience in successfully guiding several tech businesses through the scale-up stage.

Blanc said:

“Our vision is to help every organization, regardless of size or sector, to navigate the complexities of CSRD and to use it as a driver of positive change and competitive advantage. I’m thrilled to join Normative at this exciting stage of growth. Our new CSRD offering is a great example of our continued innovation and reinforces our position as one of the leaders in the carbon accounting and compliance industry. By combining expert guidance with cutting-edge technology, Normative will make CSRD reporting practical and actionable for all.”