CSRD (Corporate Sustainability Reporting Directive) - TX
From imde.io
The Corporate Sustainability Reporting Directive (CSRD) is a European directive aimed at enhancing the sustainability reporting of companies, making it more consistent, comparable, and reliable. The CSRD succeeds the Non-Financial Reporting Directive (NFRD) and significantly expands the reporting requirements.
Objectives of CSRD
- Enhance Transparency: Improve the transparency of sustainability information, making it easier for investors and other stakeholders to assess companies on their sustainability performance.
- Standardize Reporting: Ensure a standardized framework for sustainability reporting, allowing companies and stakeholders to compare sustainability information more easily.
- Promote Sustainable Development: Encourage companies to take greater responsibility for their environmental and societal impact