WebDec 15, 2024 · The EU is bringing sustainability reporting in line with financial reporting, with the introduction of the Corporate Sustainability Reporting Directive (CSRD). The new framework will be rolled out in a phased approach from 2024. It will require companies to report on how sustainability issues, such as climate change, impact their business and ... WebJan 17, 2024 · Main provisions of CSRD ... * For a transitional period of two years, until 2028, SMEs listed on regulated markets have the possibility to opt-out from CSRD reporting requirements, provided that they briefly explain in their management report the reasons why the required sustainability information has not been provided.
What
WebShare this piece. The Corporate Sustainability Reporting Directive (CSRD) is the new EU legislation requiring all large companies to publish regular reports on their environmental and social impact activities. It helps investors, consumers, policymakers, and other stakeholders evaluate large companies' non-financial performance. WebFeb 11, 2024 · Co-legislators must ensure coherency between CSRD and SFDR reporting for financial market participants. The extension of scope to listed SMEs must be maintained, and the European Commission must undertake further research on how private SMEs, which are likely to enter situations of high risk, could be brought into the scope of the … incendie info
Scope of the Corporate Sustainability Reporting Directive
WebDec 16, 2024 · Key points. In April 2024, the European Commission published its proposal for a Corporate Sustainability Reporting Directive (CSRD) for a comprehensive revision of sustainability reporting in the EU. The proposal’s aim is to make sustainability reporting in the EU more consistent, so that financial firms, investors and the broader public can ... WebApr 21, 2024 · On 21 April 2024, the European Commission ( Commission) published a proposal for a Corporate Sustainability Reporting Directive ( CSRD) to revise and … WebDec 5, 2024 · The Corporate Sustainability Reporting Directive (CSRD), adopted this week, was announced as part of the European Green Deal and updates the provisions of the existing Non-Financial Reporting Directive … incognito mode browser edge