The Corporate Sustainability Reporting Directive (CSRD) was introduced in Europe at the beginning of the year. It replaced the Non-Financial Reporting Directive (NFRD) and bolstered the scope of reporting, with the aim of enhancing transparency and comparability of ESG data across the EU so stakeholders can easily evaluate the sustainability performance of companies. One of...Read More

The Corporate Sustainability Due Diligence Directive (CSDDD) is poised to reshape the European corporate landscape significantly. According to Position Green, set to be enforced 20 days following its announcement in the Official Journal of the European Union, Member States are tasked with embedding the Directive into national legislation within two years. Companies will then have a...Read More

On January 5th, 2023, the CRSD was introduced, superseding the Non-Financial Reporting Directive (NFRD) and expanding its reporting requirements. According to Greenomy, this directive aims to improve the transparency and comparability of ESG data across the EU, facilitating better sustainability assessments of companies by investors and other stakeholders. The CSRD brings forth several new elements to...Read More

In the evolving landscape of sustainable investing, Generative Artificial Intelligence (AI) is becoming a cornerstone for improving Environmental, Social, and Governance (ESG) frameworks. By transforming how data is managed, analyzed, and utilized, Generative AI offers substantial promise for those committed to enhancing their investment practices with sustainability at the core. IntellectAI, which offers tools for...Read More

The European Sustainability Reporting Standards (ESRS), which came into effect at the start of the year, brings significant changes to Environment, Social and Governance (ESG) related reports. The regulation brings new reporting requirements that can easily become complex if not using the right tools. The question is, what are the hallmarks of a good ESRS...Read More

Time is ticking for companies to align with the Corporate Sustainability Reporting Directive (CSRD). Starting back in January 2023, the regulations will revolutionise how businesses report on sustainability, weaving it into the very core of corporate reporting. According to Greenomy, With deadlines for large EU companies looming in 2025 and obligations extending to SMEs by 2027,...Read More

In the realm of financial and environmental sustainability, conducting a double materiality assessment (DMA) is a crucial initial step for businesses. According to Position Green, this process not only illuminates the material sustainability issues from both a financial and impact standpoint but also lays a foundational stone for the subsequent journey towards CSRD compliance. The insights...Read More

In the ever-evolving realm of corporate sustainability, European entities are presently grappling with the intricacies of the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS). This legislative framework mandates EU-based companies to meticulously adhere to the guidelines set forth by the European Financial Reporting Advisory Group (EFRAG), a task that demands comprehensive...Read More

FinTech Global recently explored whether there is enough accountability and transparency related to ESG. One of the common themes was the need for standardisation within how firms handle ESG processes. However, it is hard to have a level of standardisation when opinions do not always match on the importance of ESG or countries shift their priorities....Read More

The past few years have seen a lot of progress towards Environment, Social and Governance (ESG) practices. Countless banks and financial services have proudly highlighted their efforts in the space and outlined how they are trying to achieve greater sustainability. However, questions remain about whether there is enough transparency and accountability to ensure that real...Read More