The Corporate Sustainability Reporting Directive (CSRD) is closely linked to the EU Green Deal, which is the European Union’s overarching strategy to achieve climate neutrality by 2050.
The CSRD plays a critical role in the Green Deal by requiring companies to report on their sustainability performance, including how they are contributing to or impacting the EU’s environmental goals. This alignment ensures that corporate reporting is not only about transparency but also about driving real progress towards sustainability.
Under the Green Deal, the EU has set ambitious targets for reducing greenhouse gas emissions, enhancing energy efficiency, and protecting biodiversity. The CSRD supports these goals by mandating that companies disclose detailed information on their environmental impact, including climate-related risks and opportunities.
This information is essential for monitoring progress towards the Green Deal’s targets and for holding companies accountable for their environmental performance.
For companies, understanding the connection between CSRD and the EU Green Deal is crucial for aligning their sustainability strategies with EU policy. By doing so, they can not only comply with regulatory requirements but also position themselves as leaders in sustainability.
To explore how your company can align with both CSRD and the EU Green Deal, consider reviewing the EU’s Green Deal action plan.
To get started with your CSRD today, speak to our team today.