Let us help you with the new Corporate Sustainability Reporting Directive and ESRS
This ebook explains the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS). It outlines the rules and requirements for companies operating in the European Union.
The ebook helps those impacted by the directive. This includes executives, managers, sustainability officers, IT or finance staff, and ESG team members.
What will you learn from the CRSD & ESRS Ebook?
- Why corporate sustainability reporting is necessary
- The best way to manage the challenges CSRD entails
- CSRD scope and expectations
- How CSRD and ESRS can drive success
- The first steps on your CSRD journey
Why CSRD Matters: Embracing Double Materiality
One of the cornerstones of the CSRD is its commitment to the concept of double materiality assessments. Double materiality in sustainability reporting encompasses two perspectives mandated by the Financial Reporting Directive (NFRD).
It examines how sustainability influences a company's performance and market position. It also looks at how the company's actions affect people and the environment. Consider these impacts from both an external and internal perspective. This approach ensures a comprehensive understanding of corporate sustainability efforts.
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Navigating the European Sustainability Reporting Standards
Central to the CSRD's mandate is the adoption of European Sustainability Reporting Standards (ESRS). These standards provide a comprehensive framework for companies to report on their sustainability performance consistently. By adhering to ESRS, businesses can enhance transparency, comparability, and credibility in their sustainability disclosures. From carbon emissions to supply chain ethics, ESRS cover a wide array of sustainability indicators, empowering companies to communicate their efforts effectively.