The European Commission (EC) recently approved the new CSRD (Corporate Sustainability Reporting Directive), which will encourage businesses in the EU to work towards their sustainable goals by publishing regular reports on their sustainability activities. This initiative is similar to how Germany introduced the new German Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz, LkSG).
On November 10, 2022, the European Parliament passed the Corporate Sustainability Reporting Directive (CSRD), which aims to make it easier for stakeholders to assess a company's non-financial performance. This new directive updates and strengthens the criteria controlling the social and environmental data that firms are expected to publish. The CSRD will be implemented in three phases, according to the EU.
To learn about the three stages of the CSRD implementation, watch the video.
To learn more about the following, Don't forget to read the blog here - [ Ссылка ]
1. What is the EU Corporate Sustainability Reporting Directive (CSRD)?
2. Which companies are affected?
3. What does it mean for your organization?
4. The role of sustainable procurement in achieving EU-CSRD compliance.
5. How can businesses use technology to successfully address the challenges of sustainability reporting?
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