CSRD (Corporate Sustainability Reporting Directive) - TX

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Revision as of 11:42, 20 January 2024 by HansdG (talk | contribs)

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