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Methodology
What is the CSRD?
Learn more about the Corporate Sustainability Reporting Directive.
About
The Corporate Sustainability Reporting Directive (CSRD) enhances sustainability reporting within the European Union. By mandating large companies to include sustainability information in their reports, it improves transparency and aligns economic growth with long-term sustainability.
01
Purpose
The primary objective of the CSRD is to enhance the sustainability reporting within the European Union. It requires large companies to include sustainability information in their management reports, providing stakeholders with a comprehensive view of the social and environmental impacts. This aims to improve corporate transparency, stimulate sustainable investments, and align the EU's economic growth with its long-term sustainability objectives.
02
Scope
The CSRD applies to all large publicly traded companies, banks, and insurance companies within the European Union. With its expanded scope, it includes several thousands of large and medium-sized companies, ensuring a broader understanding of corporate sustainability performance across Europe.
03
Methodology
The CSRD's methodology revolves around mandatory non-financial reporting within the European Union. It requires companies to disclose sustainability information, adhering to common reporting standards. This creates consistency and comparability, allowing investors and stakeholders to assess sustainability performance across companies.
04
Impact
The impact of the CSRD is considerable within the European Union, enhancing the transparency and consistency of sustainability reporting across large companies. By standardizing non-financial disclosures, it has supported informed decision-making by investors and stakeholders, thus promoting sustainable growth within the European market.
05
Key Requirements
The CSRD requires large companies within the EU to include standardized sustainability information in their management reports. Adherence to common reporting standards, transparency, and consistency across disclosures are key requirements to enhance corporate sustainability assessments.
Learn about other standards