Tag: corporate sustainability reporting directive

The European People’s Party (EPP) has unveiled proposals for even sharper reductions to the European Commission’s Omnibus initiative, which seeks to simplify the EU’s...

As sustainability regulations tighten across Europe, many organisations are grappling with one of the most intricate and time-consuming aspects of the Corporate Sustainability Reporting...

The European Union’s move to revise its sustainability reporting rules, including the Corporate Sustainability Reporting Directive (CSRD), is generating considerable attention across the corporate landscape.

Key German FinTech investment stats in 2024: German FinTech deal activity plunged by 63% YoY Average deal value more than doubled to $22.1m as...

Introduced in 2014, the NFRD aimed to encourage greater transparency by requiring large companies to integrate ESG information alongside financial data in their annual reports.

Effective stakeholder engagement is vital for adhering to the EU’s Corporate Sustainability Reporting Directive (CSRD).

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.

On January 5th, 2023, the CRSD was introduced, superseding the NFRD and expanding its reporting requirements.

In April 2024, the European Parliament endorsed the CSDDD, marking a pivotal advancement in sustainable and ethical corporate conduct.

In the realm of sustainability reporting, ESG reporting has become a crucial tool for organisations looking to support long-term value creation.