EU’s Corporate Sustainability Reporting Directive (CSRD)
Build readiness for CSRD and beyond
The EU’s Corporate Sustainability Reporting Directive (CSRD) will redefine how firms approach
their sustainability-related disclosures by requiring them to provide a vast amount of detailed, investor-grade data, which can be defined as data that is automated, auditable, timely and accurate. IBM commissioned independent research firm Verdantix to evaluate the challenges of the CSRD and the best practices for firms to identify actionable insights to ensure compliance.
The European Union’s Corporate Sustainability Reporting Directive (CSRD) requires tight control on greenhouse gas (GHG) emissions reporting amongst other factors. Many organizations see challenges in continuing the use of manual processes or spreadsheet-based data collection to manage their GHG data. This becomes even more critical as CSRD requires finance-grade, auditable data. Read the eBook “A guide to GHG emissions accounting and ESG data management”.
Starting January 2024, approximately 50,000 companies are impacted by new EU legislation.
The Corporate Sustainability Reporting Directive (CSRD) will extend the scope of the existing EU reporting requirements and require responders to comply with newly devised European Sustainability Reporting Standards (ESRS).
To help companies to evaluate the challenges of the CSRD, as well as suggest best practices, this insightful independent Verdantix analyst's report was commissioned to provide guidance.
With the European Union’s Corporate Sustainability Reporting Directive (CSRD) in effect now, how are you tracking with your ESG (Environmental, Social, Governance) reporting strategy? Counting on a strong ESG data foundation and having a single source of truth for your ESG data can help ease reporting and your organization can be better prepared. We offer you this in-depth exclusive guide to the EU’s CSRD what subject-matter experts have curated.
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