The Corporate Sustainability Reporting Directive (CSRD) went into effect on January 5, 2023. It replaces the Non-Financial Reporting Directive (NFRD), substantially expanding its scope to apply to all public companies in the EU with more than 250 employees. Non-EU companies are also subject to the regulation.
Under the directive, companies must report environmental, social and governance metrics, including Scope 3—or value chain—emissions.
Key Points to Know
- Reporting standards: Companies must report using the European Sustainability Reporting Standards (ESRS) developed by the European Financial Reporting Advisory Group (EFRAG).
- Double materiality: The CSRD requires in-scope businesses to conduct a double materiality assessment.
- EU Taxonomy: Companies that are subject to the EU Taxonomy must disclose information on how and to what extent their activities are associated with environmentally sustainable economic activities.
- Digital reports: Reports must be provided in XHTML format in accordance with the European Single Electronic Format (ESEF) Regulation.
- External Assurance: Limited assurance is required for sustainability information.
- Integrated Reporting: Sustainability information must be disclosed in a clearly identifiable section of the management reports.
Sphera’s ESG & sustainability solutions are consistently recognized as industry leaders by prominent analyst and media outlets.
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Join Sphera experts and the ESG Director from Arcosa to learn how to prepare for both CSRD & SEC requirements.
Speakers:
- Stefan Premer
Principal Consultant, Global Lead Climate Strategy | Sphera - Rob Polito
ESG & Environmental SME, Solution Executive | Sphera - Victoria Lopez-Whitley
Director, Environmental, Social, Governance | Arcosa, Inc - Nico McCrossan
Manager, Sustainable Finance & ESG | Greenbiz Group
Coordination of ISSB and CSRD Reporting
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- Anna-Stina Reuter
Senior Consultant Strategic Advisory Services | Sphera - Neil Stewart
Director of Corporate Outreach | The IFRS Foundation - Ahsan Azim
ESG Strategy & Reporting Leader | SABIC - Dr. Sandy Smith
VP, EU Sales EHS&S | Sphera
Achieve Sustainability Reporting Excellence While Mitigating Risks
Speakers:
- Anna-Stina Reuter
Senior Consultant Strategic Advisory Services | Sphera - Dr. Sandy Smith
VP, EU Sales EHS&S | Sphera - Xavier Stiffel
Lead Solution Engineering | Sphera
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