Sustainability Reporting: towards the implementation of the CSRD
How does the CSRD on corporate reporting affect your organization’s activities?
On January 5th, 2023, the European Commission (EC) published the Corporate Sustainability Reporting Directive (CSRD), following the review process of the Non-Financial Reporting Directive (NFRD).
The CSRD is a key element of the EU’s sustainability measures package, including aspects of sustainable finance, which comprises a comprehensive set of measures aimed at improving the flow of capital towards sustainable activities across the EU.
The objective of the CSRD is to enhance sustainability reporting in order to fully leverage the potential of the European Single Market and contribute to the transition towards a fully sustainable and inclusive economic and financial system, in line with the European Green Deal and the United Nations Sustainable Development Goals (SDGs).
The document explores the following areas:
- Introduction to the CSRD
- Reporting timeline
- Interzero’s support for ESG reporting
- Communicating sustainability
- Operational phases
- Environmental, social, and governance factors, digitalization, and security.