The Corporate Sustainability Reporting Directive (CSRD) is a new piece of EU regulation that requires companies to audit and report on their Environmental, Social and Governmental (ESG) activities and initiatives.
CSRD applies to all businesses within the European Union, including subsidiaries of foreign companies located and doing business in Europe.
Having a thorough understanding of CSRD requirements and ESG topics generally will guarantee you a clear competitive advantage over your competitors.
The purpose of this article is to make CSRD accessible and explain, in plain language, what it means for your company in the months and years ahead.
We'll also attempt to answer some of the most common questions on this topic, including:
What is CSRD and why does it matter?
What are the direct business benefits of CSRD?
Who will be affected by CSRD and what timeline is involved?
What are the requirements of CSRD?
What are the implications of CSRD for UK companies...
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