The Corporate Sustainability Reporting Directive (CSRD): compliance requirements for companies (2/2)
Effective January 5, 2023, a new Corporate Sustainability Reporting Directive (CSRD) requires new environmental, social, and governance (ESG) disclosures. Companies must therefore prepare for compliance with the European Sustainability Reporting Standards (ESRS) (see article 1/2). This directive imposes greater transparency on companies, but above all encourages them to embark on a transformation project that profoundly reexamines the companies’ impact on their environment – as well as the impact of the environment on the company.
