ESG Reporting (Nasdaq)

Nasdaq ESG Reporting 

The Nasdaq ESG Reporting Guide helps companies communicate their sustainability performance in a way that is aligned with investor expectations and market standards. The guide emphasizes transparency, comparability, and accountability – supporting companies on their ESG journey as they strive for more efficient, harmonious, and sustainable management practices.

While Nasdaq developed the framework primarily for its listed companies, the guide is publicly available and voluntary — meaning any company can use it as a best-practice framework for ESG disclosure.

Who is it for?

• Listed companies seeking to meet investor expectations and disclosure requirements.
• Private companies preparing for an IPO or simply wanting to enhance transparency and credibility with stakeholders (e.g., investors, customers, lenders).
• Small and mid-sized enterprises (SMEs) that want a structured, practical starting point for ESG reporting without adopting a full GRI or CSRD framework immediately.

What Does It Provide for Companies?

Organizations do not exist in isolation but rely on resources, people and profit to succeed. A tripple bottom line approach for organizations that considers short-term needs while accounting for long-term sustainability of operations.

This is where the Nasdaq ESG framework comes in. It practical and concise – especially for first-time reporters. It focuses on investor-relevant disclosures and provides a credible entry point before transitioning to more comprehensive frameworks like GRI or CSRD.

It gives companies a way to report on their activities and gain the insights they need for more informed and sustainable decision-making that considers:

• Access to Capital: Demonstrate transparency, and effective management  to potential investors.

• Profitability & Growth: Identify cost savings, generate revenue, mitigate risks, drive innovation, strengthen competitiveness.

• Compliance & Risk: Meet reporting requirements, stay ahead of regulations, and future-proof your business.

• Reputation & Branding: Show commitment to sustainability, align with SDGs, boost stakeholder trust, improve employee engagement.

• Information Flow: Ensure that key stakeholders have the relevant information to make informed decisions to create value in the short, medium and longer term while keeping measures of success, progress, and impacts of corporate practices. 

• Stakeholder Relationships: Strengthen engagement and trust through transparent reporting.

• Global Applicability: Even though it originates from Nasdaq, the framework is:
  • Globally relevant – it aligns with GRI, SASB, TCFD, and UN SDGs.
  • Voluntary – companies can select the most relevant indicators.
  • Modular – it can complement or bridge to other standards, including CSRD or IFRS Sustainability Standards (ISSB).
   

How Klappir helps you start reporting on the ESG reporting framework?

Klappir makes it easy for companies listed or planning to list on Nasdaq exchanges to takle ESG reporting. With high-quality data management, ESG dedicated reporting templates and easy-to-use built-in tools, Klappir's Sustainability Platform classifies emissions in the background, ensuring accurate reporting without prior sustainability expertise. This not only supports ESG reporting, but also lays a solid foundation for broader sustainability management and due diligence processes.