The EU, a frontrunner in sustainable finance, has spearheaded this transformation through the introduction of the NFRD and its successor, the CSRD. This third article in our CSRD series aims to showcase the key differences between these two directives and what they mean for your company.
With each relatively new directive and its expected complexities, businesses come to grips with the adoption of a proactive and strategic approach and a valid roadmap that ensures they are on the right track for successful compliance. Here are five essential steps every company should take to achieve CSRD compliance.
As professionals delve into the essence of CSRD and its intended purpose, we unveil the major changes and their broader impact on EU companies. Businesses need to make strategic preparations and comply with this regulatory evolution, emphasizing the shift towards more integrated financial and non-financial disclosures.
The Corporate Sustainability Reporting Directive (CSRD) is an EU directive that revises the scope and reporting requirements of the Non-Financial Reporting Directive (NFRD).
While businesses recognize the potential business advantages of ESG Reporting, progress in this realm often encounters obstacles.
The European Parliament’s legislative push against greenwashing is reshaping business practices for the better, ensuring that sustainability claims are both meaningful and verified.
Beginning in 2024, companies will have to face the challenging process of reporting on multiple metrics and targets as new compulsory ESG have come up globally.
