The Corporate Sustainability Reporting Directive (CSRD) is a significant EU regulation that brings together financial data, ESG information and assurance for the first time.
With the CSRD in place and goingthrough company consultation, companies are facing up to some key facts:
ESG is entering the annual reporting process
Sustainability information will sit alongside financial information
The amount of data that needs to be collected will significantly increase
So too, will the number of people involved in the integrated reporting process
Sustainability information will be audited
On 10 November 2022, the European Parliament voted overwhelmingly to pass the directive. The full document can be read here https://www.europarl.europa.eu/doceo/document/TA-9-2022-0380_EN.pdf
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