Daato

At a glance

  • Double Materiality Assessment
  • Automatic Data Import
  • Reporting
  • Set Targets&KPIs
  • Consulting Services
  • Stakeholder engagement
  • Audit Trail
  • API
  • Data validation
  • Automations

Regulations& Frameworks:

Review

What is Daato and why use it? 

Daato is all-in one ESG  platform that helps companies be compliant with current& upcoming EU regulation.

Currently those are the features listed on their website and marketing materials:

CSRD:
Double Materiality Assesment

  • Double Materiality Asssesment based on the ESRS standards & developed in cooperation with auditor.
  • Standard and custom sustainability matters to assess
  • Internal and external surveys

Data Collection:

  1. Strongly automated collection of data
  2. Simple and efficient data collection workflows
  3. API-Integrations into existing software systems

Reporting
  1. Reporting in various formats
  2. XBRL reporting and block tagging
  3. One-click reporting
  4. Access & reading rights for auditors
  5. Documentation of all actions & methodologies in the tool

LkSG and CSDDD:
  • Abstract Risk Analysis
  • Concrete Risk Assessment
  • Receive Suggestions Preventative & remedial actions
  • Media monitoring & grievance mechanism
  • Reporting along BAFA requirements

What are the Pros of Daato:
Pros:
  • One solution for most major frameworks and regulations in the EU.
  • Streamlined Data collection: 100+ API-Integrations into existing software systems.
  • Has functionality for easier 3rd party audits and supports XBRL tagging (for CSRD).
  • Good amount of training resources on sustainability.
  • Expanding consulting partner network.

Cons: 
  • Mainly focused on EU and DACH region in particular

Who is Using Daato:

Porsche, MotelOne, Pfeirel&Langen, NRC Group

Pros

Cons