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How to Improve Your CDP Rating in the new era of a global disclosure system
Introduction: CDP and EFRAG are teaming up to accelerate the adoption of European Sustainability Reporting Standards (ESRS). These standards, endorsed by the European Commission in July 2023. With EFRAG providing technical expertise, CDP will align its disclosure system with ESRS, offering webinars and guidance materials for over 23,000 companies. ESRS applies to around 50,000 businesses […]
5 Strategies to Anticipate and Address Future Challenges’ ‘Preparing for ESRS Reporting Standards.
Introduction: First of all, in a recent European Parliament vote, the European Sustainability Reporting Standards (ESRS) received strong support, defeating a motion to limit their scope. These new sustainability reporting rules will apply to approximately 50,000 companies starting in January 2024, with sector-specific reporting temporarily delayed due to concerns from the private sector. […]
5 Essential Steps for the UK Businesses: Mastering Sustainability Challenges and CSRD Reporting
UK’s Environmental Policy Update: Two weeks ago, Prime Minister Rishi Sunak adjusted the UK’s environmental policy, delaying the ban on new petrol and diesel cars for five years, now set to take effect in 2035. He defended this move, stating it doesn’t compromise the government’s net-zero commitments. Sunak stressed the need for a practical and […]
How to align your sustainability performance with the latest EU Directive
The Corporate Sustainability Reporting Directive (CSRD) expanded the Non-Financial Reporting Directive (NFRD) and set out new requirements for sustainability reporting for companies operating in the European Union (EU). The aim of CSRD is to increase the quality, consistency, and comparability of sustainability reporting across all European Union (EU) companies. For this reason, it requires large […]