Environment and sustainability and Risk & Compliance / Luis Cabrera /
Corporate Sustainability Reporting Directive and reporting standards: are companies and assurance providers ready?
We analyze the challenges and opportunities of the new regulation for companies and assurance providers.
The EU Corporate Sustainability Reporting Directive (CSRD), of December 14, 2022 (the transposition of which into Spanish law is already at the preliminary bill stage) marks a material change in the sustainability information to be provided by many companies in Europe, both in terms of the content of the information and how it is reported and verified. It will also give companies the chance to showcase their ESG performance, define their sustainability strategy and organize the steps to be taken.