Chapter 1:
Introduction
Sustainability frameworks and legislation hold organisations to a higher standard now, more than ever.
It’s no longer enough to simply be successful in terms of financial growth and metrics, but companies must also prove they are respecting and complying with environmental, social and governance (ESG) regulations. With the increasing number of ESG-related issues present in regions across the world, it's insufficient for organisations to simply state they are abiding by all regulations. Now they must take the time and effort to prove it with data and facts.
The European Union’s Corporate Sustainability Reporting Directive (EU CSRD) is a new piece of legislation which certain companies must abide by. Its purpose is to provide clear rules for organisations to disclose their impact on the environment and society around them, as well as the environment and society’s impact on them (but more on that later!).
In this guide, we will look at the CSRD from all angles including what it is, what is required under the framework, and how it differs from others. We will also dive into the steps needed to comply with this directive, in addition to tips from our internal sustainability experts to make your disclosure a success.
Ready to take the plunge? Let’s get started.