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
Speakers to be announced soon.
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 European Parliament has adopted the Corporate Sustainability Reporting Directive (CSRD), which clarifies transparency obligations for large companies operating in the EU on their sustainability impacts, risks, and opportunities. Pursuant to the CSRD, companies across all sectors will report against the European Sustainability Reporting Standards, which were developed by the European Financial Reporting Advisory Group (EFRAG), submitted to the European Commission and published on 22 November.
NGOs and civil society groups will only support an ambitious first set of sector-agnostic ESRS that closely builds on the EFRAG drafts adopted last November. They urge the Commission to follow EFRAG’s technical advice alongside 60+ companies and investors worth 651bn USD, and caution against making significant changes at this stage, as this would risk discrediting the process so far and undoing a good compromise.
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