Published on:
March 31, 2024
With the passing in the European Union of the Corporate Sustainability Reporting Directive (CSRD) and its mandatory application of the European Sustainability Reporting Standards (ESRS), the scale and scope of transformation in corporate sustainability reporting practices is reaching unprecedented levels. More than 45,000 companies, including many non-European companies that do business in the EU, will be affected.
Co-authored by Marc Escande (President, Sustain It Right) and Marie-Josée Privyk (ESG Advisor, FinComm Services), this white paper provides invaluable insight into how companies can seize the CSRD opportunity to truly embed sustainability into their business model.
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There is much work to be done, requiring a paradigmatic shift in how companies manage and report their sustainability-related issues. And while very many companies will need to embrace this change, each one must cut its own path. Companies need to take control of their CSRD journey, owning the process of transforming their practices from the inside to truly embed sustainability into their business model.