Tag: ESRS

Environmental concerns are increasingly pivotal, leading businesses globally to focus on carbon emissions accounting. The CSRD's recent standards mandate more rigorous, transparent carbon accounting practices. ESG FinTech company Greenomy recently delved into carbon accounting's essence and its connection with ESRS requirements. It also highlighted traditional carbon accounting challenges and how companies can align with these new standards.

With the introduction of the Corporate Sustainability Reporting Directive (CSRD), companies are now required to disclose their sustainability performance. However, the European Financial Reporting Advisory Group (EFRAG) has acknowledged the challenges faced by small and medium-sized enterprises (SMEs) in meeting these requirements due to their limited resources.

The international sustainability reporting landscape has evolved rapidly in recent weeks, propelled by the IFRS Foundation’s ISSB Standards.

Understanding the Corporate Sustainability Reporting Directive (CSRD) is the first step towards harmonised reporting. It offers a vast array of disclosure options. Beginning with data collection under the European Sustainability Reporting Standards (ESRS) may seem daunting, but we're here with actionable advice.

After six years of pioneering work in climate-related financial disclosure, the Task Force on Climate-related Financial Disclosures (TCFD) has released its final status report. ESG-focused FinTech company Position Green recently explained what firms can learn from the new report. 

Position Green recently outlined the key requirements and the importance of data management systems for ESRS data quality. 

The evolving role of Chief Financial Officers (CFOs) now encompasses the realm of mandatory ESG reporting. As the responsibility for ensuring sustainable reporting standards falls on the shoulders of the CFOs, understanding the intricacies of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) becomes paramount.

Navigating the complex terrain of the Corporate Sustainability Reporting Directive (CSRD) requires a meticulous approach. The directive stipulates the necessity for assurance of an...

MEPs have advocated for the replacement of the established ESRS with a more simplified set of sustainability disclosure requirements.

The ESG100 report casts a spotlight on a notable disparity in company preparedness for complying with the upcoming European Sustainability Reporting Standards (ESRS).