The KPI Catalog facilitates comprehensive management of sustainability KPIs (Key Performance Indicators) includes with system-defined KPIs adhering to the European Sustainability Reporting Standard (ESRS) under the Corporate Sustainability Reporting Directive (CSRD). The catalogue supports the creation and management of custom KPIs, enabling businesses to tailor KPIs to their specific sustainability objectives.
Pre-defined KPIs are designed to address broader industry needs, but not all of them are relevant to every business. Activate only the KPIs that are applicable to your organization or business. Once activated, these KPIs can be incorporated into your sustainability plan.
When a KPI is selected for reporting, it is designated as a main KPI, ensuring that only active main KPIs are directly added to the sustainability plan.
Some KPIs contain linked KPIs, indicating that their output is derived from multiple elements, each represented as another KPI.
System-defined KPIs are pre-configured within the application, categorized according to European Sustainability Reporting Standards (ESRS) and the latest release of the ESRS can be accessed through the European Financial Reporting Advisory Group (EFRAG) official website.
It also contains KPIs based on International Sustainability Standards Board(ISSB) and Some of them are Interoperability with CSRD KPIs.
IFS manages these KPIs, which do not modify but can activate for use in sustainability reporting or kept inactive if irrelevant. They are categorized by KPI category, KPI group, and output type, such as qualitative or quantitative KPIs.
Custom KPIs are created from scratch or by copying existing KPIs.
KPI revisions apply exclusively to quantitative KPIs with an output type of single or multi-measurement and indicate whether KPI measurements are automated or require manual input. System-defined KPIs include system-defined revisions, with the default valid period configurable as needed. For automated KPIs, a KPI calculation must be defined, specifying the details of the calculation process.
KPI calculation defines how the system performs automatic KPI calculations. There are three calculation methods: IFS Workflows, IFS Data Services, and Derived Calculations.
Data Source: The KPI data source must be connected with an aggregated type to ensure data availability.
Formula: The calculation formula can be defined using fields from the connected data source.
Filters: Filters can be applied based on fields within the connected KPI data source to refine data selection.
Selections: Selections define criteria for system-defined KPI calculations.
Group By: Specifies the fields used to group values within the KPI calculation.
Some System defined KPI Calculations offer configurability to a certain extent by allowing the selection of input fields within the relevant product area to define the KPI. This configurability is particularly useful when no direct field is available to represent the required information. For example, if the KPI involves calculating the total number of employees, "employee" becomes a selection criterion. This criterion can be set using global basic data, such as IFS/Employee type, and configured to determine which values qualify as an employee.
KPI data sources are classified into two types: aggregated and transactional. Each data source includes a schema that allows customers to provide external data via Excel file.
When integrating external data, it is essential to structure it according to the predefined KPI data source schema to ensure accurate and reliable KPI measurements.
Entities such as Company and Site can be defined within KPIs to specify the entity level at which data collection and reporting occur. When applying the entity structure to KPIs, the following considerations apply:
This ensures that KPI measurements and reporting align with the relevant organizational structure.