Join us for our upcoming webinar where we present the findings from our analysis of sustainability disclosures by 100 large EU companies in high-impact sectors.
📅 When? 19.11.2024 from 09:30 am to 11 am CET
Look forward to hearing from:
In this session, we will explore how businesses are aligning with the EU Corporate Sustainability Reporting Directive (CSRD) and the EU Sustainability Reporting Standards (ESRS). Get more insights on key challenges, emerging best practices, and the overall readiness of companies in providing meaningful ESG disclosures. Our research focused on assessing how companies are reporting 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 conclusions drawn from this research will contribute to the ongoing development of sector-specific sustainability standards and implementation guidance, with a particular focus on climate-related disclosures and due diligence.
The revised EU Sustainability Reporting Standards have been significantly reduced down to just one-third of the original disclosures.
Under intense pressure to cut reporting obligations and prioritise deregulation over transparency and safeguards against greenwashing, Europe's leadership in setting sustainability standards is at risk. While the new standards provide a functional framework, their application relies on companies approaching implementation in good faith.
For the first time, the European People's Party (EPP) in the European Parliament is relying on the support of the anti-European, right-wing groups to pass a legislative text - its position on the Omnibus 1 simplification package. This represents a clean break with the cordon sanitaire that previously kept such alliances off-limits.
As Europe’s sustainability reporting rules face intense political scrutiny, a new analysis by Frank Bold provides timely evidence that the Corporate Sustainability Reporting Directive (CSRD) is already driving meaningful change in practice.