Ensuring full ESEF compliance of financial reporting
GBL is one of the largest European holding companies, with nearly 20 EUR billion of assets. As a BEL20 company, GBL have a legal obligation to publish accurate financial data, including Annual and Half-yearly reports.
Owing to the nature of their varied portfolio, important data is often available only at the last minute, providing tight deadlines for the design and delivery of the reports. Added to this, the requirement for full ESEF compliance needed a new approach to reporting and coordination.
Landmarks implemented a secure, online collaborative tool for report production. This enables true collaboration in real-time; the expert authors adapt and translate content whilst Landmarks take care of creative design and layout. Previews are available at any time, and iXBRL is integrated throughout the process.
As well as increasing accuracy, the online collaboration ensures that real-time content is available to all contributors – day and night. With trilingual detailed content of up to 1,000 pages, this collaborative process increases accuracy and reduces administrative burden.
Setting the standard for identification, measurement, and reduction of Scope 3 GHG emissions