Customer Story
With an ever-evolving compliance landscape, Simona AG required a structured and intuitive solution for financial and ESG reporting to turn manual processes into streamlined workflows.
1000 data points
collected across global locations
Simona Group is a leading global manufacturer of thermoplastic products, serving industries such as semiconductor, chemical apparatus engineering, aquaculture, and infrastructure. With operations across EMEA, the Americas, and Asia-Pacific, managing financial and sustainability reporting at this scale was a complex challenge, one that required an intuitive and standardized solution.
Lucanet streamlined our reporting process. Now, data collection is structured, responsibilities are clearly assigned, and we can consolidate financial and ESG data in one place.
Michael Schmitz
CFO, Simona Group
As a listed stock company, Simona AG must comply with mandated ESG reporting obligations – namely, the CSRD (Corporate Sustainability Reporting Directive). But with over 1,000 data points to collect from colleagues across global locations, navigating these requirements was anything but simple.
For Simona AG, unstructured processes only intensified the task at hand. Reliance on Excel spreadsheets to manage and consolidate ESG reporting data was not only risking potentially costly errors but consumed the team’s valuable time. Employees caught up in the complexity of compliance reporting did so at the expense of wider strategic sustainability projects.
The result? An overstretched team, weighed down by inefficient workflows. To move forward, it was clear that Simona AG required a solution that unlocked ESG reporting efficiencies.
With the help of Lucanet, Simona AG was able to transition from compliance complexity to compliance clarity – under one transformative reporting and consolidation platform.
Our cloud-based platform facilitates data collection and consolidates information into a single system view. With intuitive interfaces and built-in structures, it simplifies ESG reporting – cutting out complexity and reducing risk of error.
Now, the sustainability team at Simona AG can work smarter, removing reporting ambiguity. “One of the main decision drivers was the clarity and the easy handling” noted Kristina Schlöder, Sustainability Manager; “It's all very clear and structured, and you know exactly who is responsible for which data point.”
For the team, this resulted in significant time savings and the ability to reallocate resources to work on more strategic initiatives. No longer just reacting to compliance demands, they are empowered to take proactive steps to steer their ESG performance to new heights.
And with a dedicated support team at their fingertips, for Simona AG, the onboarding process couldn’t have gone smoother. “The implementation process was really straightforward in my opinion, because we had really good customer support” noted Johannes Kappler, Head of M&A and Sustainability; “If we would have a problem, they would always be ready to help us.”