By Sphera’s Editorial Team | September 15, 2023

A new era of sustainability reporting has arrived. The Corporate Sustainability Reporting Directive (CSRD) went into effect in January 2023, and reporting requirements will first kick in for entities that have been reporting under the EU’s Non-Financial Reporting Directive (NFRD). By 2028, reporting will be mandatory for other categories, including thousands of non-EU companies that meet certain criteria.   

Under the directive, companies must use the European Sustainability Reporting Standards (ESRS) to account for their sustainability performance and the physical and transition risks they face.   

Though it may be viewed as burdensome, the reporting exercise will yield valuable information that allows companies to build sound sustainability strategies and compete more effectively in a climate-neutral marketplace.  

Download our eBook, CSRD 101: A Definitive Guide to New EU Sustainability Regulations, to learn more about the EU’s directive, its reporting standards and how to acquire the tools and expertise you need to achieve compliance and gain a foothold in tomorrow’s green economy.  

Start preparing now. Download the eBook today.