The Corporate Sustainability Reporting Directive, also CSRD, improves and replaces the current Non-Financial Reporting Directive (NFRD), which applies to approximately 12.000 organizations within the EU region. The NFRD explains the rules on disclosure of non-financial and diversity information for certain … See more The CSRD applies to all large companiesgoverned by or stock listed in the EU law or established in an EU member state. It also … See more Companies will have to report on additional information elaborated in the soon-to-be-released two sets of CSRD Sustainability Reporting Standards. The proposal for these … See more The first set of reporting standards highly focuses on double materiality and the quality of your sustainability information. NFRD-compliant … See more The two sets of Sustainability Reporting Standards still need to be released. But the preliminary focus points (question 4) in the proposal give us an idea of the main environmental impact resultsrequired. See more Webproposal for a Corporate Sustainability Reporting Directive (CSRD), which will amend the existing reporting requirements of the Non-Financial Reporting Directive (NFRD). …

Corporate Sustainability Reporting Directive (CSRD) …

WebThe Corporate Sustainability Reporting Directive (CSRD) requires this to happen before 30 June 2024. Further, the Commission is expected to make targeted changes to the EFRAG’s drafts, following the due review process as required by the CSRD. ... Additionally, a company would need to expand its reporting boundary to provide information on its ... WebNov 30, 2024 · However, the CSRD now provides for a later introduction in the form of a phased model (cf. no. 2, please see pdf). This gives companies with the duty to report … circle k walton way

EU Newsletter #6 - Sustainability Reporting

WebRegular internal reporting against roadmap Reporting for CSRD • My organization may have to comply at some level Reporting boundaries differ from financial reporting and may require group and/or subsidiary level reporting. • Topics are extensive and limited assurance is required WebAug 4, 2024 · By requiring more entities to provide mandatory sustainability disclosures, the CSRD is designed to drive changes in company behavior and bring sustainability … WebKey takeaways and implications. With the approval of the EU’s CSRD, all large companies are now required to disclose information on the way they are measuring and managing … diamond art labels