The Corporate Sustainability Reporting Directive (CSRD) is a new regulation brought into effect by the European Comission which will affect over 50,000 companies over the next 5 years. Its aim is to enable investors and stakeholder to better evaluate risks and investment impacts pertaining to sustainability. CSRD goes beyond the previous Non-Financial Reporting Directive (NFRD) in both the number of organisations impactd, and the quality and quantity or reporting requirements.
CSRD is the first ESG legislation which includes the concept of double materiality. It also requires companies to include their externally-assured ESG reports with their financial reports on an annual basis. This dramtically increases the size and quality of the reporting requirements and will cost large companies an estimated ~$220 million in their first year and smaller companies an average of between $30,000 - $45,000.
This fortnightly webinar series provides a practical overview of the what, why and how of CSRD compliance.
There will be time at the end for Q&A so please bring your questions!
The Corporate Sustainability Reporting Directive (CSRD) is a new regulation brought into effect by the European Comission which will affect over 50,000 companies over the next 5 years. Its aim is to enable investors and stakeholder to better evaluate risks and investment impacts pertaining to sustainability. CSRD goes beyond the previous Non-Financial Reporting Directive (NFRD) in both the number of organisations impactd, and the quality and quantity or reporting requirements.
CSRD is the first ESG legislation which includes the concept of double materiality. It also requires companies to include their externally-assured ESG reports with their financial reports on an annual basis. This dramtically increases the size and quality of the reporting requirements and will cost large companies an estimated ~$220 million in their first year and smaller companies an average of between $30,000 - $45,000.
This fortnightly webinar series provides a practical overview of the what, why and how of CSRD compliance.
There will be time at the end for Q&A so please bring your questions!