The study on the sustainability disclosures of 100 influential companies from high-impact sectors provides an early reflection on the general readiness for businesses in the EU to meet the expectations of the upcoming EU sustainability rules and standards. Our report contributes to identifying the main challenges, as well as to highlight emerging good practices.
Following the EU Corporate Sustainability Reporting Directive (CSRD), large companies will start to report in accordance with the first set of sector-agnostic European Sustainability Reporting Standards (ESRS) in 2025.
This legal framework was adopted to enhance and modernise companies reporting on sustainability matters, with the objective of addressing a market failure in providing relevant, comparable and decision-useful sustainability information.
We assessed the presence and quality of key disclosures according to the requirements and expectations of the EU Sustainability Reporting Standards on:
We examined sustainability statements of 100 influential EU companies in top 5 high-impacts sectors prioritised for the development of EU sector standards: Textiles, Finance, Road Transportation, Energy, Food & Beverage.
The evidence and recommendations drawn from this research aims to support
On November 19, we will hold a webinar presenting the key findings and recommendations of the study. We will also put in context the main aspects gaining attention in the political sphere.
Look forward to hearing from:
The respect of human rights is the most fundamental value that we have as a society. Nevertheless, economic globalisation has lead to the massive exploitation of human rights in developing countries for the benefit of multinational enterprises (MNEs). The outsourcing and offshoring of production and services have had huge environmental and social costs.
The European Parliament approved last weekthe proposed college of Commissioners. Věra Jourová successfully faced the public grilling and will become the Commissioner for Justice, Consumers and Gender Equality. Due to the shift of competencies within the Commission, Ms. Jourová will have an opportunity to influence the governance and rules of the game for multinational corporations.
A new independent study by Czech, Polish and Slovakian watchdogs identifies major gaps both in the national and EU legal framework that fundamentally increase the risk of political corruption and allow misuse of EU funds. The comparative analysis complements the long-delayed first EU Anti-corruption report released today.
