Centralize your EcoVadis data, organize your evidence and prepare your submission in one purpose-built platform.
No more juggling spreadsheets - Coolset gives you one place to organise EcoVadis data, assign tasks and track progress with your team.
Coolset modernizes EcoVadis preparation for companies and consultants by replacing spreadsheets with structured collaboration and built-in guidance, so you can work smarter, not harder.
Coolset offers three integrated modules: carbon management, ESG compliance, and supply chain integrity, which can be used separately or combined for a comprehensive approach to sustainability.
These modules provide a suite of tools and features to help businesses manage their carbon emissions effectively, achieve sustainability compliance, and meet environmental, social, and governance (ESG) regulations while managing supplier compliance obligations:
Carbon management: Accurate measurement and reporting of Scope 1-3 emissions measurement with TÜV-certified methodology.
ESG compliance: All-in-one software for streamlined Corporate Sustainability Reporting Directive (CSRD), European Sustainability Reporting Standards (ESRS), EU Taxonomy, and Voluntary SME standards (VSME).
Supply chain integrity: Compliance-first tools for regulations such as the EU Deforestation Regulation (EUDR) and Carbon Border Adjustment Mechanism (CBAM), that double as a catalyst for transparency and resilience - enabling greater transparency, data sharing, and collaboration with suppliers.
Parallel to these core modules, Coolset provides supporting capabilities designed to strengthen their impact and help businesses get even more value from the platform:
Cross-team collaboration: A platform tailored for internal and external collaboration, enabling teams and partners to align on sustainability goals and strategies.
Data collection and visualization: Intuitive dashboards and reports for easy interpretation of carbon data.
Auditable reporting: Accurate and audit-ready ESg reports with guided templates, smart data autofills, and linked supporting evidence to confidently pass internal reviews and external audits.
At Coolset, we see compliance not as a box to tick, but as the foundation for building a better business. Explore these features and more to enhance your sustainability efforts and ensure regulatory and supply chain compliance. Get in touch.
We're ISO 27001 certified, using industry-standard encryption protocols, access controls, and continuous monitoring mechanisms to safeguard your information. We adhere to strict privacy policies and comply with relevant data protection regulations to ensure that your data remains confidential and secure. Learn more at trust.coolset.com.
The EcoVadis assessment is a documented audit of your sustainability management system. It evaluates real-world practices, not just written commitments, across four themes:
To start preparing for EcoVadis, collect proof that policies are implemented, and deliver measurable results. Start by collecting recent, formal, and relevant evidence such as signed policies, procedures, metrics, training records, KPIs, and third-party certifications.
The Ecovadis questionnaire is a document aimed to assess a company’s sustainability management. It covers up to to 21 sustainability criteria across the four core themes. It fits to your company’s size, industry, and operating locations. Each question is multiple-choice and evidence-based. You check a box only if the best-practice statement applies to you – and then prove it with documentation. No supporting evidence means no points.
In the EcoVadis questionnaire, each answer is assessed across seven indicators:
EcoVadis allows up to 55 supporting documents per assessment.
To be accepted, documents must:
Companies typically have just 30 days to collect evidence, align multiple departments, and upload all documents.
To complete the EcoVadis process efficiently across teams, follow these practical steps:
Coolset helps companies prepare for EcoVadis with a guided, structured workflow that keeps teams aligned and evidence organized. The platform centralizes documents, automates mapping to the right questions, and enables real-time collaboration, turning a high-pressure process into a repeatable system.
With Coolset, you can:
An EUDR compliance tool helps you trace products to their origin, collect and verify required supply chain data (like geolocation and legality documents), assess deforestation risk, and generate Due Diligence Statements (DDS) in the correct EU format. Some tools also support supplier engagement, audit readiness, and live risk flagging.
You’ll need to check whether your products contain any of the seven EUDR-regulated commodities (cattle, wood, palm oil, soy, cocoa, coffee, or rubber). Then match those to their CN/HS codes listed in Annex I of the regulation. If they’re in scope, you’ll need to collect plot-level geolocation, harvest dates, supplier details, proof of legality, and evidence of deforestation-free production. Our platform helps you map this automatically and flag missing data.
Each DDS must confirm that due diligence was properly conducted and the product meets EUDR criteria. It includes supply chain data, risk assessment results, and compliance confirmation. DDS must be submitted for every shipment (or batch) via the EU’s TRACES system. The responsibility lies with the first placer on the EU market (the operator). Our software generates audit-ready DDS files and tracks them by reference ID.
Start by explaining what data you need and why - many suppliers aren’t yet familiar with EUDR obligations. Use structured templates and traceability checklists to make requests clear. Our platform supports supplier onboarding, automated reminders, and self-service forms in local languages to reduce friction. You can also track supplier responsiveness over time and escalate if needed.
Coolset offers three integrated modules: carbon management, ESG compliance, and supply chain integrity, which can be used separately or combined for a comprehensive approach to sustainability.
These modules provide a suite of tools and features to help businesses manage their carbon emissions effectively, achieve sustainability compliance, and meet environmental, social, and governance (ESG) regulations while managing supplier compliance obligations:
Carbon management: Accurate measurement and reporting of Scope 1-3 emissions measurement with TÜV-certified methodology.
ESG compliance: All-in-one software for streamlined Corporate Sustainability Reporting Directive (CSRD), European Sustainability Reporting Standards (ESRS), EU Taxonomy, and Voluntary SME standards (VSME).
Supply chain integrity: Compliance-first tools for regulations such as the EU Deforestation Regulation (EUDR) and Carbon Border Adjustment Mechanism (CBAM), that double as a catalyst for transparency and resilience - enabling greater transparency, data sharing, and collaboration with suppliers.
Parallel to these core modules, Coolset provides supporting capabilities designed to strengthen their impact and help businesses get even more value from the platform:
Cross-team collaboration: A platform tailored for internal and external collaboration, enabling teams and partners to align on sustainability goals and strategies.
Data collection and visualization: Intuitive dashboards and reports for easy interpretation of carbon data.
Auditable reporting: Accurate and audit-ready ESg reports with guided templates, smart data autofills, and linked supporting evidence to confidently pass internal reviews and external audits.
At Coolset, we see compliance not as a box to tick, but as the foundation for building a better business. Explore these features and more to enhance your sustainability efforts and ensure regulatory and supply chain compliance. Get in touch.
Our pricing is based on an annual subscription model.
Yes, Coolset provides comprehensive onboarding and support at no additional cost.
From day one, you’ll work with a Sustainability Solutions Manager for a smooth handover, followed by a dedicated Customer Success Manager who oversees your onboarding.
Depending on your selected products, you’ll also get access to tailored onboarding programs, with support from our team of sustainability researchers.
In addition, you’ll be invited to quarterly webinars and events to learn from peers and industry leaders.
The platform fee is mandatory and required to access our compliance and carbon management modules. From there, you can add modules or products based on your needs—CSRD, EU Taxonomy, or Scope 1-3 emission measurements.
We're ISO 27001 certified, using industry-standard encryption protocols, access controls, and continuous monitoring mechanisms to safeguard your information. We adhere to strict privacy policies and comply with relevant data protection regulations to ensure that your data remains confidential and secure. Learn more at trust.coolset.com.
Your subscription covers all features from the module packages you select, plus essential core platform functionalities. Additionally, you get access to a dedicated Customer Success Manager, our Sustainability Research Team, and onboarding accelerator sessions at no extra cost.
Carbon management, also known as carbon accounting, refers to the process of measuring and managing an organization's greenhouse gas emissions across its entire supply chain. Coolset enables companies to conduct certified, Greenhouse Gas Protocol-aligned Scope 1-3 emissions measurements on its platform. The GHG Protocol methodology, approved under CSRD guidelines, provides accurate insights into your company's carbon footprint and ensures compliance with regulatory standards.
Spend-based accounting
Spend-based accounting calculates emissions based on the financial expenditure of goods and services. It uses emission factors that represent the average emissions per unit of currency spent across various categories. Coolset leverages a database of 11,000+ vetted emission factors to ensure accuracy for every transaction.
Activity-based accounting
Activity-based accounting calculates emissions based on specific activities and processes. It uses detailed data on actual physical units of activity (e.g., kilometers traveled, kilograms of material used).
Why use a hybrid model?
Coolset uses a hybrid model to maximize the use of available data. Most companies do not have complete coverage of activity-based data for their organizational footprint. This is why Coolset lays the foundation with spend-based accounting to ensure comprehensive coverage of Scope 1, 2, and 3 emissions, and supplements it with activity-based accounting where data is available to refine the initial calculation.
By using this hybrid model, Coolset can tailor its approach to meet your company's needs, regardless of where you are in your sustainability journey.
CSRD stands for Corporate Sustainability Reporting Directive and aims to standardize sustainability reporting across environmental, social, and governance (ESG) matters to promote transparency and corporate responsibility. It is a regulatory framework established by the EU, impacting approximately 50,000 companies globally, including those already subject to NFRD (Non-Financial Reporting Directive).
However, proposed amendments under the EU’s Omnibus Proposal (February 2025) could significantly alter both scope and timing. Currently, the following entities fall under the CSRD:
Timeline (subject to Omnibus Proposal changes)
Until the Omnibus Proposal is formally adopted by the European Parliament and Council, businesses should continue preparing based on current CSRD requirements, while staying informed of ongoing regulatory developments.
The EU Taxonomy applies primarily to large companies that fall under the Corporate Sustainability Reporting Directive (CSRD), as well as financial market participants offering sustainable investment products.
Under current CSRD thresholds, mid-market companies that meet at least two of the following are required to assess and disclose their alignment with the EU Taxonomy:
Since Taxonomy reporting is enforced through CSRD, the Omnibus Proposal may narrow the scope of CSRD and delay timelines for some companies, but it does not change the EU Taxonomy regulation itself.
If Omnibus is adopted, here’s what can change:
For companies still in scope under CSRD, Taxonomy-aligned disclosures remain mandatory. Moreover, voluntary alignment is still strongly encouraged—especially for companies seeking financing, meeting customer ESG requirements, or staying competitive in sustainable procurement.
Yes, support is included in the annual fee. This includes a dedicated customer success manager and access to our research team for more in-depth questions. For our CSRD customers we organise a monthly accelerator program to get you off to a great start.
VSME stands for Voluntary sustainability reporting standard for SMEs and aims to standardize sustainability reporting across environmental, social, and governance (ESG) matters to promote transparency and corporate responsibility. It is a reporting framework established by the EU.
It’s a voluntary, streamlined ESG reporting framework. Even if you’re no longer legally required to report, ESG transparency remains a key competitive advantage as expectations from stakeholders continue to rise.
Yes. Reports generated from the Coolset platform are available in audit-ready formats, including XBRL, PDF, and Word. The platform allows auditors to be invited directly to the platform to review data edits, leave comments, and verify the underlying data. This seamless access enables a transparent audit process and simplifies compliance verification.
Consultants can license Coolset to their clients through annual or multi-year subscriptions, using a flexible credit system.
An EUDR compliance tool helps you trace products to their origin, collect and verify required supply chain data (like geolocation and legality documents), assess deforestation risk, and generate Due Diligence Statements (DDS) in the correct EU format. Some tools also support supplier engagement, audit readiness, and live risk flagging.
CBAM stands for Carbon Border Adjustment Mechanism. It is the EU’s carbon pricing system, adding a carbon cost to certain imports, like steel, aluminium, cement, fertilisers, hydrogen, and electricity - based on their embedded emissions.
From 2026, any in-scope goods your company brings into the EU will require quarterly emissions reporting and the purchase of CBAM certificates. This means higher costs for carbon-intensive products and a need for systems to measure emissions at the production site, verify supplier data, and manage certificate budgets.
The EcoVadis assessment is a documented audit of your sustainability management system. It evaluates real-world practices, not just written commitments, across four themes:
To start preparing for EcoVadis, collect proof that policies are implemented, and deliver measurable results. Start by collecting recent, formal, and relevant evidence such as signed policies, procedures, metrics, training records, KPIs, and third-party certifications.
Measuring your company's carbon footprint is essential for several reasons:
Compliance: Regulatory requirements, such as the Corporate Sustainability Reporting Directive (CSRD), mandate carbon footprint reporting for companies. Staying ahead of these requirements ensures compliance and avoids potential penalties.
Environmental responsibility: Understanding your carbon emissions allows you to identify areas for improvement, reduce your environmental impact, and contribute to global sustainability efforts. By actively managing emissions, your company can align with international climate goals.
Cost savings: Reducing emissions often leads to operational efficiencies, such as lower energy usage and resource optimization, which can translate into significant cost savings over time.
Reputation: Demonstrating a strong commitment to sustainability can enhance your brand reputation, making your company more attractive to environmentally-conscious customers, investors, and partners. A proactive approach to carbon management also strengthens trust and credibility in the market.
Investor and stakeholder expectations: Increasingly, investors and stakeholders are prioritizing sustainability in their decision-making processes. Measuring and reporting your carbon footprint can make your company more appealing to those looking for responsible investments.
Coolset supports this process by offering TÜV Rheinland-certified, accurate GHG Protocol aligned emissions measurements, ensuring that your company not only meets compliance requirements but also drives real environmental impact with reliable data.
The fee includes unlimited seats. Invite your colleagues, external consultants and auditors into the platform at no extra costs.
It depends on your company’s strategy and market position. Companies competing on a European or global level often stick with CSRD to maintain credibility and a competitive edge, especially now that audit requirements have been removed, lowering compliance costs.
For businesses that struggled with CSRD timelines or lack the scale to support full compliance, VSME offers a simpler alternative while still demonstrating sustainability commitment. It also provides a standardized way to share ESG data with investors, banks, and enterprise customers.
It is particularly useful for SMEs that:
A double materiality assessment is a process companies use to identify which sustainability issues they should report on—based on two perspectives. First, it looks at how environmental and social factors, like climate change or labor practices, might financially affect the business (financial materiality). Second, it considers how the company’s activities impact people and the environment (impact materiality).
Under the CSRD, companies are required to assess and disclose topics that are material from either or both perspectives. This ensures that sustainability reporting reflects not just risks to the company, but also its broader effects on society and the planet.
Eligibility refers to whether an economic activity is listed in the EU Taxonomy. It indicates that the activity falls within the scope of the regulation and must be reported on, but it does not assess its environmental performance.
Alignment means that an eligible activity meets all the EU Taxonomy’s sustainability criteria: it substantially contributes to at least one environmental objective, does no significant harm to the others, and complies with minimum social safeguards.
You’ll need to check whether your products contain any of the seven EUDR-regulated commodities (cattle, wood, palm oil, soy, cocoa, coffee, or rubber). Then match those to their CN/HS codes listed in Annex I of the regulation. If they’re in scope, you’ll need to collect plot-level geolocation, harvest dates, supplier details, proof of legality, and evidence of deforestation-free production. Our platform helps you map this automatically and flag missing data.
CBAM targets sectors with the highest risk of carbon leakage. It applies to goods like steel, cement, aluminium, fertilisers, electricity, and hydrogen, all of which are emissions-heavy to produce. It also includes some precursor materials and processed products linked to these sectors.
The Ecovadis questionnaire is a document aimed to assess a company’s sustainability management. It covers up to to 21 sustainability criteria across the four core themes. It fits to your company’s size, industry, and operating locations. Each question is multiple-choice and evidence-based. You check a box only if the best-practice statement applies to you – and then prove it with documentation. No supporting evidence means no points.
In the EcoVadis questionnaire, each answer is assessed across seven indicators:
The EU Taxonomy and CSRD are closely linked. CSRD sets general sustainability reporting requirements, while the EU Taxonomy helps classify which business activities are environmentally sustainable. Companies covered by CSRD must report how much of their revenue, CapEx, and OpEx align with the EU Taxonomy, ensuring auditability, comparability, consistency, and regulatory compliance in sustainability reporting across the EU.
No, there are no hidden fees. What you see is what you get—your subscription includes all essential services, including setup, support, and unlimited users, at no additional cost.
The VSME Basic module is a simplified ESG reporting standard for SMEs, focused on core disclosures like energy use, workforce, and basic governance. It’s designed to be practical and easy to apply with limited resources.
The Comprehensive module builds on this with more detailed reporting requirements, including climate transition plans, business strategy, and sector-specific data. You have to complete the Basic module first before moving to the Comprehensive one.
Greenhouse gas (GHG) emissions are divided into three “scopes” based on how directly they’re connected to your company’s operations:
Understanding all three scopes is essential for companies looking to measure their full carbon footprint and build effective reduction strategies. Coolset helps automate this process with TÜV-certified calculations and audit-ready reporting.
Each DDS must confirm that due diligence was properly conducted and the product meets EUDR criteria. It includes supply chain data, risk assessment results, and compliance confirmation. DDS must be submitted for every shipment (or batch) via the EU’s TRACES system. The responsibility lies with the first placer on the EU market (the operator). Our software generates audit-ready DDS files and tracks them by reference ID.
CBAM requires suppliers to provide installation-specific emissions data for each in-scope product, calculated using the EU’s Monitoring and Reporting Regulation (MRR).
When collecting data, ensure they provide:
Begin by reaching the right supplier contact in sustainability, EHS, or operations, and provide a CBAM-ready template with clear deadlines. Track responses in one place, follow up promptly on delays, and avoid ESG reports or LCAs, as they don’t meet CBAM’s accuracy standards.
EcoVadis allows up to 55 supporting documents per assessment.
To be accepted, documents must:
Coolset helps companies meet EU Taxonomy requirements with a guided and structured approach to both eligibility and alignment assessments. The platform provides step-by-step workflows that simplify the complex criteria, including Do No Significant Harm (DNSH) and Minimum Safeguards.
With Coolset, you can:
Yes, reporting under the Voluntary Sustainability Reporting Standard for SMEs (VSME) is designed to be significantly more cost-effective than full CSRD compliance.
One of the main savings comes from the absence of a mandatory audit, which under CSRD can cost between €50,000 and €150,000. VSME also requires less complex data collection, fewer disclosures, and a simplified reporting process - reducing the workload for internal teams and lowering the need for external consultants. This makes it a proportional alternative for growing companies that are not (yet) in the scope for CSRD.
Coolset helps organizations take a structured approach to reducing emissions by making it easier to calculate, track, and analyze Scope 1, 2, and 3 data.
Start by explaining what data you need and why - many suppliers aren’t yet familiar with EUDR obligations. Use structured templates and traceability checklists to make requests clear. Our platform supports supplier onboarding, automated reminders, and self-service forms in local languages to reduce friction. You can also track supplier responsiveness over time and escalate if needed.
A CBAM certificate is the compliance unit importers must buy and surrender under the EU’s Carbon Border Adjustment Mechanism. Each certificate covers one tonne of CO₂-equivalent emissions embedded in imported goods like steel, aluminium, cement, fertilisers, hydrogen, and electricity.
From 1 January 2026, importers established in the EU must hold and surrender certificates matching the verified emissions of their annual imports.
How CBAM certificates work:
Companies typically have just 30 days to collect evidence, align multiple departments, and upload all documents.
To complete the EcoVadis process efficiently across teams, follow these practical steps:
Coolset helps you track sustainability progress and assess your performance over time.
Use customizable KPIs and dashboards to monitor year-over-year trends, visualize impact by category or entity, and report progress to stakeholders. The platform also supports scenario modeling and progress analytics to guide decision-making.
The EU Emissions Trading System (EU ETS) caps and prices carbon emissions for companies operating within the EU, creating a market for tradable emission allowances. The Carbon Border Adjustment Mechanism (CBAM) extends this principle to imports - ensuring goods produced outside the EU face the same carbon cost as those made within it. CBAM certificates are non-tradable and non-transferable. They can only be used by the authorized declarant who purchased them. This differs from EU allowances, that can be traded across entities and markets.
Coolset helps companies prepare for EcoVadis with a guided, structured workflow that keeps teams aligned and evidence organized. The platform centralizes documents, automates mapping to the right questions, and enables real-time collaboration, turning a high-pressure process into a repeatable system.
With Coolset, you can:
No, there are no additional costs involved. What you see is what you pay. We never charge for the time we dedicate to supporting our customers.
Coolset’s module for CBAM compliance helps companies build a collaborative relationship with their suppliers. It centralizes supplier outreach, data collection, and reporting - replacing scattered spreadsheets and email threads with one streamlined platform.
With Coolset, you can:
Coolset offers three integrated modules: carbon management, ESG compliance, and supply chain integrity, which can be used separately or combined for a comprehensive approach to sustainability.
These modules provide a suite of tools and features to help businesses manage their carbon emissions effectively, achieve sustainability compliance, and meet environmental, social, and governance (ESG) regulations while managing supplier compliance obligations:
Carbon management: Accurate measurement and reporting of Scope 1-3 emissions measurement with TÜV-certified methodology.
ESG compliance: All-in-one software for streamlined Corporate Sustainability Reporting Directive (CSRD), European Sustainability Reporting Standards (ESRS), EU Taxonomy, and Voluntary SME standards (VSME).
Supply chain integrity: Compliance-first tools for regulations such as the EU Deforestation Regulation (EUDR) and Carbon Border Adjustment Mechanism (CBAM), that double as a catalyst for transparency and resilience - enabling greater transparency, data sharing, and collaboration with suppliers.
Parallel to these core modules, Coolset provides supporting capabilities designed to strengthen their impact and help businesses get even more value from the platform:
Cross-team collaboration: A platform tailored for internal and external collaboration, enabling teams and partners to align on sustainability goals and strategies.
Data collection and visualization: Intuitive dashboards and reports for easy interpretation of carbon data.
Auditable reporting: Accurate and audit-ready ESg reports with guided templates, smart data autofills, and linked supporting evidence to confidently pass internal reviews and external audits.
At Coolset, we see compliance not as a box to tick, but as the foundation for building a better business. Explore these features and more to enhance your sustainability efforts and ensure regulatory and supply chain compliance. Get in touch.
Our pricing is based on an annual subscription model.
Yes, Coolset provides comprehensive onboarding and support at no additional cost.
From day one, you’ll work with a Sustainability Solutions Manager for a smooth handover, followed by a dedicated Customer Success Manager who oversees your onboarding.
Depending on your selected products, you’ll also get access to tailored onboarding programs, with support from our team of sustainability researchers.
In addition, you’ll be invited to quarterly webinars and events to learn from peers and industry leaders.
The platform fee is mandatory and required to access our compliance and carbon management modules. From there, you can add modules or products based on your needs—CSRD, EU Taxonomy, or Scope 1-3 emission measurements.
We're ISO 27001 certified, using industry-standard encryption protocols, access controls, and continuous monitoring mechanisms to safeguard your information. We adhere to strict privacy policies and comply with relevant data protection regulations to ensure that your data remains confidential and secure. Learn more at trust.coolset.com.
Your subscription covers all features from the module packages you select, plus essential core platform functionalities. Additionally, you get access to a dedicated Customer Success Manager, our Sustainability Research Team, and onboarding accelerator sessions at no extra cost.
Carbon management, also known as carbon accounting, refers to the process of measuring and managing an organization's greenhouse gas emissions across its entire supply chain. Coolset enables companies to conduct certified, Greenhouse Gas Protocol-aligned Scope 1-3 emissions measurements on its platform. The GHG Protocol methodology, approved under CSRD guidelines, provides accurate insights into your company's carbon footprint and ensures compliance with regulatory standards.
Spend-based accounting
Spend-based accounting calculates emissions based on the financial expenditure of goods and services. It uses emission factors that represent the average emissions per unit of currency spent across various categories. Coolset leverages a database of 11,000+ vetted emission factors to ensure accuracy for every transaction.
Activity-based accounting
Activity-based accounting calculates emissions based on specific activities and processes. It uses detailed data on actual physical units of activity (e.g., kilometers traveled, kilograms of material used).
Why use a hybrid model?
Coolset uses a hybrid model to maximize the use of available data. Most companies do not have complete coverage of activity-based data for their organizational footprint. This is why Coolset lays the foundation with spend-based accounting to ensure comprehensive coverage of Scope 1, 2, and 3 emissions, and supplements it with activity-based accounting where data is available to refine the initial calculation.
By using this hybrid model, Coolset can tailor its approach to meet your company's needs, regardless of where you are in your sustainability journey.
CSRD stands for Corporate Sustainability Reporting Directive and aims to standardize sustainability reporting across environmental, social, and governance (ESG) matters to promote transparency and corporate responsibility. It is a regulatory framework established by the EU, impacting approximately 50,000 companies globally, including those already subject to NFRD (Non-Financial Reporting Directive).
However, proposed amendments under the EU’s Omnibus Proposal (February 2025) could significantly alter both scope and timing. Currently, the following entities fall under the CSRD:
Timeline (subject to Omnibus Proposal changes)
Until the Omnibus Proposal is formally adopted by the European Parliament and Council, businesses should continue preparing based on current CSRD requirements, while staying informed of ongoing regulatory developments.
The EU Taxonomy applies primarily to large companies that fall under the Corporate Sustainability Reporting Directive (CSRD), as well as financial market participants offering sustainable investment products.
Under current CSRD thresholds, mid-market companies that meet at least two of the following are required to assess and disclose their alignment with the EU Taxonomy:
Since Taxonomy reporting is enforced through CSRD, the Omnibus Proposal may narrow the scope of CSRD and delay timelines for some companies, but it does not change the EU Taxonomy regulation itself.
If Omnibus is adopted, here’s what can change:
For companies still in scope under CSRD, Taxonomy-aligned disclosures remain mandatory. Moreover, voluntary alignment is still strongly encouraged—especially for companies seeking financing, meeting customer ESG requirements, or staying competitive in sustainable procurement.
Yes, support is included in the annual fee. This includes a dedicated customer success manager and access to our research team for more in-depth questions. For our CSRD customers we organise a monthly accelerator program to get you off to a great start.
VSME stands for Voluntary sustainability reporting standard for SMEs and aims to standardize sustainability reporting across environmental, social, and governance (ESG) matters to promote transparency and corporate responsibility. It is a reporting framework established by the EU.
It’s a voluntary, streamlined ESG reporting framework. Even if you’re no longer legally required to report, ESG transparency remains a key competitive advantage as expectations from stakeholders continue to rise.
Yes. Reports generated from the Coolset platform are available in audit-ready formats, including XBRL, PDF, and Word. The platform allows auditors to be invited directly to the platform to review data edits, leave comments, and verify the underlying data. This seamless access enables a transparent audit process and simplifies compliance verification.
Consultants can license Coolset to their clients through annual or multi-year subscriptions, using a flexible credit system.
An EUDR compliance tool helps you trace products to their origin, collect and verify required supply chain data (like geolocation and legality documents), assess deforestation risk, and generate Due Diligence Statements (DDS) in the correct EU format. Some tools also support supplier engagement, audit readiness, and live risk flagging.
CBAM stands for Carbon Border Adjustment Mechanism. It is the EU’s carbon pricing system, adding a carbon cost to certain imports, like steel, aluminium, cement, fertilisers, hydrogen, and electricity - based on their embedded emissions.
From 2026, any in-scope goods your company brings into the EU will require quarterly emissions reporting and the purchase of CBAM certificates. This means higher costs for carbon-intensive products and a need for systems to measure emissions at the production site, verify supplier data, and manage certificate budgets.
The EcoVadis assessment is a documented audit of your sustainability management system. It evaluates real-world practices, not just written commitments, across four themes:
To start preparing for EcoVadis, collect proof that policies are implemented, and deliver measurable results. Start by collecting recent, formal, and relevant evidence such as signed policies, procedures, metrics, training records, KPIs, and third-party certifications.
Measuring your company's carbon footprint is essential for several reasons:
Compliance: Regulatory requirements, such as the Corporate Sustainability Reporting Directive (CSRD), mandate carbon footprint reporting for companies. Staying ahead of these requirements ensures compliance and avoids potential penalties.
Environmental responsibility: Understanding your carbon emissions allows you to identify areas for improvement, reduce your environmental impact, and contribute to global sustainability efforts. By actively managing emissions, your company can align with international climate goals.
Cost savings: Reducing emissions often leads to operational efficiencies, such as lower energy usage and resource optimization, which can translate into significant cost savings over time.
Reputation: Demonstrating a strong commitment to sustainability can enhance your brand reputation, making your company more attractive to environmentally-conscious customers, investors, and partners. A proactive approach to carbon management also strengthens trust and credibility in the market.
Investor and stakeholder expectations: Increasingly, investors and stakeholders are prioritizing sustainability in their decision-making processes. Measuring and reporting your carbon footprint can make your company more appealing to those looking for responsible investments.
Coolset supports this process by offering TÜV Rheinland-certified, accurate GHG Protocol aligned emissions measurements, ensuring that your company not only meets compliance requirements but also drives real environmental impact with reliable data.
The fee includes unlimited seats. Invite your colleagues, external consultants and auditors into the platform at no extra costs.
It depends on your company’s strategy and market position. Companies competing on a European or global level often stick with CSRD to maintain credibility and a competitive edge, especially now that audit requirements have been removed, lowering compliance costs.
For businesses that struggled with CSRD timelines or lack the scale to support full compliance, VSME offers a simpler alternative while still demonstrating sustainability commitment. It also provides a standardized way to share ESG data with investors, banks, and enterprise customers.
It is particularly useful for SMEs that:
A double materiality assessment is a process companies use to identify which sustainability issues they should report on—based on two perspectives. First, it looks at how environmental and social factors, like climate change or labor practices, might financially affect the business (financial materiality). Second, it considers how the company’s activities impact people and the environment (impact materiality).
Under the CSRD, companies are required to assess and disclose topics that are material from either or both perspectives. This ensures that sustainability reporting reflects not just risks to the company, but also its broader effects on society and the planet.
Eligibility refers to whether an economic activity is listed in the EU Taxonomy. It indicates that the activity falls within the scope of the regulation and must be reported on, but it does not assess its environmental performance.
Alignment means that an eligible activity meets all the EU Taxonomy’s sustainability criteria: it substantially contributes to at least one environmental objective, does no significant harm to the others, and complies with minimum social safeguards.
You’ll need to check whether your products contain any of the seven EUDR-regulated commodities (cattle, wood, palm oil, soy, cocoa, coffee, or rubber). Then match those to their CN/HS codes listed in Annex I of the regulation. If they’re in scope, you’ll need to collect plot-level geolocation, harvest dates, supplier details, proof of legality, and evidence of deforestation-free production. Our platform helps you map this automatically and flag missing data.
CBAM targets sectors with the highest risk of carbon leakage. It applies to goods like steel, cement, aluminium, fertilisers, electricity, and hydrogen, all of which are emissions-heavy to produce. It also includes some precursor materials and processed products linked to these sectors.
The Ecovadis questionnaire is a document aimed to assess a company’s sustainability management. It covers up to to 21 sustainability criteria across the four core themes. It fits to your company’s size, industry, and operating locations. Each question is multiple-choice and evidence-based. You check a box only if the best-practice statement applies to you – and then prove it with documentation. No supporting evidence means no points.
In the EcoVadis questionnaire, each answer is assessed across seven indicators:
The EU Taxonomy and CSRD are closely linked. CSRD sets general sustainability reporting requirements, while the EU Taxonomy helps classify which business activities are environmentally sustainable. Companies covered by CSRD must report how much of their revenue, CapEx, and OpEx align with the EU Taxonomy, ensuring auditability, comparability, consistency, and regulatory compliance in sustainability reporting across the EU.
No, there are no hidden fees. What you see is what you get—your subscription includes all essential services, including setup, support, and unlimited users, at no additional cost.
The VSME Basic module is a simplified ESG reporting standard for SMEs, focused on core disclosures like energy use, workforce, and basic governance. It’s designed to be practical and easy to apply with limited resources.
The Comprehensive module builds on this with more detailed reporting requirements, including climate transition plans, business strategy, and sector-specific data. You have to complete the Basic module first before moving to the Comprehensive one.
Greenhouse gas (GHG) emissions are divided into three “scopes” based on how directly they’re connected to your company’s operations:
Understanding all three scopes is essential for companies looking to measure their full carbon footprint and build effective reduction strategies. Coolset helps automate this process with TÜV-certified calculations and audit-ready reporting.
Each DDS must confirm that due diligence was properly conducted and the product meets EUDR criteria. It includes supply chain data, risk assessment results, and compliance confirmation. DDS must be submitted for every shipment (or batch) via the EU’s TRACES system. The responsibility lies with the first placer on the EU market (the operator). Our software generates audit-ready DDS files and tracks them by reference ID.
CBAM requires suppliers to provide installation-specific emissions data for each in-scope product, calculated using the EU’s Monitoring and Reporting Regulation (MRR).
When collecting data, ensure they provide:
Begin by reaching the right supplier contact in sustainability, EHS, or operations, and provide a CBAM-ready template with clear deadlines. Track responses in one place, follow up promptly on delays, and avoid ESG reports or LCAs, as they don’t meet CBAM’s accuracy standards.
EcoVadis allows up to 55 supporting documents per assessment.
To be accepted, documents must:
Coolset helps companies meet EU Taxonomy requirements with a guided and structured approach to both eligibility and alignment assessments. The platform provides step-by-step workflows that simplify the complex criteria, including Do No Significant Harm (DNSH) and Minimum Safeguards.
With Coolset, you can:
Yes, reporting under the Voluntary Sustainability Reporting Standard for SMEs (VSME) is designed to be significantly more cost-effective than full CSRD compliance.
One of the main savings comes from the absence of a mandatory audit, which under CSRD can cost between €50,000 and €150,000. VSME also requires less complex data collection, fewer disclosures, and a simplified reporting process - reducing the workload for internal teams and lowering the need for external consultants. This makes it a proportional alternative for growing companies that are not (yet) in the scope for CSRD.
Coolset helps organizations take a structured approach to reducing emissions by making it easier to calculate, track, and analyze Scope 1, 2, and 3 data.
Start by explaining what data you need and why - many suppliers aren’t yet familiar with EUDR obligations. Use structured templates and traceability checklists to make requests clear. Our platform supports supplier onboarding, automated reminders, and self-service forms in local languages to reduce friction. You can also track supplier responsiveness over time and escalate if needed.
A CBAM certificate is the compliance unit importers must buy and surrender under the EU’s Carbon Border Adjustment Mechanism. Each certificate covers one tonne of CO₂-equivalent emissions embedded in imported goods like steel, aluminium, cement, fertilisers, hydrogen, and electricity.
From 1 January 2026, importers established in the EU must hold and surrender certificates matching the verified emissions of their annual imports.
How CBAM certificates work:
Companies typically have just 30 days to collect evidence, align multiple departments, and upload all documents.
To complete the EcoVadis process efficiently across teams, follow these practical steps:
Coolset helps you track sustainability progress and assess your performance over time.
Use customizable KPIs and dashboards to monitor year-over-year trends, visualize impact by category or entity, and report progress to stakeholders. The platform also supports scenario modeling and progress analytics to guide decision-making.
The EU Emissions Trading System (EU ETS) caps and prices carbon emissions for companies operating within the EU, creating a market for tradable emission allowances. The Carbon Border Adjustment Mechanism (CBAM) extends this principle to imports - ensuring goods produced outside the EU face the same carbon cost as those made within it. CBAM certificates are non-tradable and non-transferable. They can only be used by the authorized declarant who purchased them. This differs from EU allowances, that can be traded across entities and markets.
Coolset helps companies prepare for EcoVadis with a guided, structured workflow that keeps teams aligned and evidence organized. The platform centralizes documents, automates mapping to the right questions, and enables real-time collaboration, turning a high-pressure process into a repeatable system.
With Coolset, you can:
No, there are no additional costs involved. What you see is what you pay. We never charge for the time we dedicate to supporting our customers.
Coolset’s module for CBAM compliance helps companies build a collaborative relationship with their suppliers. It centralizes supplier outreach, data collection, and reporting - replacing scattered spreadsheets and email threads with one streamlined platform.
With Coolset, you can: