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.
Three regulations have been introduced: the EU Taxonomy, the Corporate Sustainability Reporting Directive (CSRD) and the Sustainable Finance Disclosure Regulation (SFDR). The first two are applicable to all large companies, while the SFDR is purely for the financial market. This blog will delve into what the SFDR is, what it means for the financial market and why it is important.
The CSRD, a topic many organizations will be facing soon. However, there is quite some misunderstanding, misinformation, and general unclarity about the upcoming CSRD regulation. What do you need to … read more
Since its initial publication in mid-2020, the EU Taxonomy has been generating a lot of interest from companies and individuals alike. You can read all about the basics of the … read more
Getting sufficient and correct sustainability data is crucial for your sustainability strategy. Reliable data enables you to monitor your progress and report on your goals and activities. However, collecting the … read more
Sustainability is an important topic for an increasing number of companies. This trend is driven by idealistic motives, but also by the opportunities that sustainability offers. This is because employees, … read more
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
More information on themes like sustainability, ESG reporting and how to leverage technology? Wesley will give you the ins and outs.
Intire
Benoordenhoutseweg 46
2596 BC Den Haag
© Intire
