Directive on Corporate Sustainability Due Diligence
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.
SFDR
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.
CSRD regulation timeline
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…
EU Taxonomy – 2022 update
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…
5 tips on how to start collecting your sustainability data
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…
EU taxonomy
Starting January 2022, approximately 12,000 public interest companies are required to indicate whether their economic activities are eligible for the EU Taxonomy. Since its initial publication in mid-2020, the EU…
