With the first set of ESRS standards out, we are looking at the next steps in the regulatory development of the CSRD. The ESRS sector standards are being developed as we speak. With another set of reporting standards coming your way, you might want to know more about what it entails for your organization. Intire looked into the details and what these new requirements mean for organizations in different sectors.
You might have heard about financial materiality before. Perhaps you have even chatted to colleagues from the finance or sustainability department about it. But did you know they might not be talking about the same concept? Read this blog to find out more about the differences and similarities of financial materiality in sustainability and finance.
123inkt.nl loopt voorop in het naleven van de CSRD (Corporate Sustainability Reporting Directive) door gebruik te maken van Intire’s pragmatische coachingsaanpak. Deze methode hielp hen bij het uitvoeren van een dubbele materialiteitsanalyse, het opstellen van vereiste rapporten en het initiëren van noodzakelijke acties. Met een focus op duurzame producten, bedrijfsvoering en maatschappelijke betrokkenheid zet 123inkt.nl zich in voor duurzaamheid en toekomstige markteisen.
With the CSRD coming up, a lot of companies are dealing with the task of making their non-financial reporting compliant with the new regulations. In this challenging process, there is some relief: the phase-in of CSRD requirements.
“The most successful software investments are those that align with the principles of sustainability, focusing on enduring value rather than short-term gains.” (Quote made by AI technology). Present Day organizational … read more
The CSRD provides guidelines on how to report, but what happens after? How can you use the collected data to set a strategy? How can you set ambitious goals? One framework that can help is to define Science Based Targets (SBTs). This blog explores the critical role of SBTs and their integration with the CSRD, highlighting the benefits they offer in driving corporate responsibility and ensuring a sustainable future.
The Corporate Sustainability Reporting Directive (CSRD) is impacting companies in a significant way. As reporting organizations are working to assess the impact of the Directive, we receive an increased number of questions on where to start the journey to become CSRD-compliant. CSRD requires large companies and certain public-interest entities to disclose information on their ESG impacts in their annual reports.
Eelco Van der Enden has joined us for an interview about his view on the corporate reporting landscape. As CEO of the Global Reporting Initiative (GRI), we are curious what … read more
The Corporate Sustainability Reporting Directive (CSRD), is a widely known buzzword and new EU law that requires large companies and certain public-interest entities to disclose information on their ESG impacts in their annual financial reports. This new and demanding regulation drives companies in their sustainability reporting journey. A well-known starting point for (sustainability) reporting is the materiality assessment. The CSRD introduces a new dimension to this assessment: double materiality.
Leen Paape is a professor of Corporate Governance at the Nyenrode Business School. He is a renowned expert in corporate governance and has written several books and articles on the subject, as well as lecturing extensively around the world. He has won numerous awards for his research and teaching, and is a sought-after speaker on the topic. In this interview, we will discuss his views on the current state of corporate governance and reporting, his research, and his outlook on the future of the field.
Over the last few weeks, it’s been hard to miss the buzz around the anticipated acceptance of the Corporate Sustainability Reporting Directive (CSRD). On November 10th, the European Parliament has approved the proposed directive (with 85% of the Parliament in favor!), which will become effective as of for the first group of corporations in the beginning of next year at the latest. With the acceptance of the Directive, the sustainability reporting standards have seen updates as well.
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.
More information on themes like sustainability, ESG reporting and how to leverage technology? Wesley will give you the ins and outs.
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