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What Does the EU Corporate Sustainability Reporting Directive (CSRD) mean for the Shipping & Logistics Industry?
CSRD: Why It Matters for Shipping The Corporate Sustainability Reporting Directive (CSRD) is the European Union’s latest move to advance corporate transparency and accountability regarding sustainability. As an enhancement to the Non-Financial Reporting Directive (NFRD) established in 2014, the CSRD raises the bar by mandating sustainability reporting from more companies, expanding disclosure requirements, and applying […]
Mastering CSRD: A Must-Read Guide for Savvy Sustainability Managers
The Corporate Sustainability Reporting Directive (CSRD) marks a significant shift in the European Union’s approach to corporate sustainability. This comprehensive regulation aims to enhance and standardize sustainability reporting across EU member states, ensuring that companies provide consistent, comparable, and reliable information on their environmental, social, and governance (ESG) impacts. Mastering CSRD is key! As sustainability […]
How Canadian Companies Can Stay Ahead of Global Sustainability Mandates CSRD Compliance
The Importance of CSRD for Canadian Companies Canadian companies need to pay close attention to the Corporate Sustainability Reporting Directive (CSRD), the European Union (EU) mandate that compels companies to report on environmental, social, and governance (ESG) issues. Even if your business is not based in the EU, the CSRD could still apply, requiring you […]
Key Sustainability Trends Shaping Corporate Decision-Making in 2023
Companies increasingly recognize that integrating sustainability into their strategies and operations can lead to long-term value creation, risk mitigation, and enhanced reputation. The risk of litigation related to environmental, social, and governance (ESG) matters, including sustainability disclosure, continues to increase, which is resulting in companies and investors facing a growing challenge. Addressing ESG risks may […]
Green growth: why the global tech world has to lead with purpose
An increasing number of companies have made public commitments to adopt ESG strategies and support the global quest for green growth. To drive “green growth”, governments, international organizations and business leaders are optimistic that suitable policies and technology will reduce emissions to sustainable levels. At the same time, there will be a continuous or […]
GRI backs the EU sustainability reporting and CSRD
The NFRD can no longer satisfy the goals and ambitions of the European Commission on sustainability reporting. The adoption of the Corporate Sustainability Reporting Directive (CSRD) will gradually replace the NFRD, aiming to raise the bar for corporate accountability and transparency in Europe. The first set of standards will be adopted by October 2022 and […]