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Introduction to CSRD:
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.
On the 26th February 2025, the European Commission published the Omnibus Simplification Package which is expected to be voted on in the European Parliament within March or April 2025. As a Friend of EFRAG, KEY ESG is well positioned to keep you up to date with the regulatory changes as they occur.
KEY ESG's CSRD webinar series:
This fortnightly webinar series provides a practical overview of the what, why and how of CSRD compliance.
Join us to:
- Stay up to date with regulatory changes including the Omnibus announcement
- Get an overview of the regulation including eligibility and reporting requirements
- Get practical advice on how to get started, including double materiality assessments
- Gain a better understanding of the 1,000+ ESRS metrics
- View a live demo of our CSRD platform
There will be time at the end for Q&A so please bring your questions!
Introduction to CSRD:
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.
On the 26th February 2025, the European Commission published the Omnibus Simplification Package which is expected to be voted on in the European Parliament within March or April 2025. As a Friend of EFRAG, KEY ESG is well positioned to keep you up to date with the regulatory changes as they occur.
KEY ESG's CSRD webinar series:
This fortnightly webinar series provides a practical overview of the what, why and how of CSRD compliance.
Join us to:
- Stay up to date with regulatory changes including the Omnibus announcement
- Get an overview of the regulation including eligibility and reporting requirements
- Get practical advice on how to get started, including double materiality assessments
- Gain a better understanding of the 1,000+ ESRS metrics
- View a live demo of our CSRD platform
There will be time at the end for Q&A so please bring your questions!
