The roadmap ahead, however, is gaining clarity. On a global scale, there are two sets of standards that are proving to be the most relevant to meet the requirements for CSRD, ESRS, and most other regulations and rules for ESG reporting: GRI’s standards, and those from theInternational Su...
Current Wave 1 companieswould first need to confirm whether the country in which they operate has already adopted the current CSRD requirements into national law. If a national law is in place, they have to report under the national law using the current ESRS until the new proposed om...
As part of the European Green Deal, the CSRD reporting system aims to increase corporate transparency and channel investment towards companies that undertake “sustainable” activities. The CSRD is ambitious and materially enhances ESG reporting requirements, with potential for gold-plating and extension ...
The introduction of reporting requirements for third-country companies is a significant aspect of the CSRD. Under Article 40a of the Accounting Directive (Article 40a), certain companies with ultimate parent companies in a third country but with a substantial presence in the EU will n...
Our CSRD module enables seamless, audit-ready sustainability reporting in full alignment with ESRS requirements, PS880-certified. From Double Materiality Assessments and automated data collection to AI-supported report generation and XBRL tagging, it’s your all-in-one solution for structured, compliant...
to understand how to align with CSRD reporting requirements. Ready to take the next step? Contact us today to assess your sustainable procurement program’s readiness and ensure you're fully prepared. About the Author EcoVadis is a purpose-driven company dedicated to embeddi...
Key changes to the CSRD Reporting requirements: The new proposal specifies that the reporting requirements will apply only to large undertakings with more than 1,000 employees (i.e undertakings that have more than 1,000 employees and either a turnover above EUR 50 million or a balance sheet ...
ESRS S1 "Own Workforce" is a set of reporting disclosures included in the EU CSRD. Get the scoop about what EU businesses need to know re: EU CSRD ESRS S1. Workforce reporting requirements in CSRD will increase transparency amongst C-level executives, internal employees, and external stakeholde...
when, and to which companies, the requirements will apply; analyzes hot button issues around the required disclosure topics; highlights key areas of concern for issuers of EU-listed securities; and gives six key takeaways for companies seeking to understand and, ultimately, comply with the CSRD...
Companies racing to meet the EU’s Corporate Sustainability Reporting Directive (CSRD) requirements are now facing an added layer of complexity as the rule is set to be re-opened and potentially changed. Less than a month before reporting begins, EU ministers, in a simplification drive, have de...