Dick Walraven

Understanding the Differences Between Reporting Scope 1 & 2, and Scope 3 Emissions

With the CSRD’s sector-specific reporting standards (ESRS) coming in 2026, companies must report all GHG emissions, including often-overlooked Scope 3 emissions. Scope 3 covers indirect emissions in your value chain, which can account for up to 80% of total emissions, making data collection and analysis complex. Accurate Scope 3 reporting is crucial for compliance and climate change mitigation. Contact us for expert assistance in navigating this intricate process.

Navigating the Nexus: CSDDD and CSRD Alignment Unveiled

The die is cast: The Corporate Sustainability Due Diligence Directive (CSDDD), also known as CS3D, has been adopted by the European Union on 15 March. But what does this mean for your corporation, and how does it relate to the Corporate Sustainability Reporting Directive (CSRD)?

Directive on Corporate Sustainability Due Diligence (CSDD)

The Directive on Corporate Sustainability Due Diligence, also known as CSDD, is part of the ‘Fit for 55’-package and the European Green Deal. The CSDD has a very close link with the CSRD. According to the CSRD, a company must establish processes to properly collect information for reporting purposes. This obligation is closely related to the due diligence obligation established under the CSDD directive to identify negative impacts. Furthermore, companies falling within the scope of both directives must report (CSRD) on their due diligence obligations (CSDD). The proposed directive will result in more complete and effective reporting by companies under the CSRD directive.

csrd

What is CSRD?

As of the reporting year 2023, all large or listed companies within the EU will have to report according to the new CSRD (Corporate Sustainability Reporting Directive). This directive is … read more