Sustainability Reporting

The CSRD provides an unparalleled mandatory sustainability reporting framework for 50,000 large European companies and thousands of non-EU multinationals for climate change transition, nature and biodiversity, and impacts on workers, communities and consumers.

We conduct critical research and projects to support good high-quality reporting and policy-making:

• Showcasing good practice to make it a common place and make implementation easier for companies.
• Building support among stakeholders for the law and development of reporting standards for greater clarity and meaningful reporting.
• Ensuring coherence among key legislations to maintain focus and reduce unnecessary burden (including the Sustainable Financial Disclosure Regulation and the Corporate Sustainability Due Diligence Directive).

Reporting rests on detailed standards and clear implementation guidance. Based on CSRD mandate, the European Commission adopted in law the first set of sector-agnostic standards, which should be followed by sector-specific standards for high-impact industries.

As members of the EFRAG Sustainability Reporting Board, we:

• Coordinate with civil society on priorities for the development of standards.
• Engage with other stakeholders to build a consensus on standards, that support climate transition and tackling systemic human right issues.
• Consult with leading experts from business and civil society in key sectors on priorities and directions for standards for Mining, Apparel, Road Transport, Energy, Agriculture, Food, and Finance.
• Beyond our role in the EU system, we work with other leading CSO and responsible investors initiatives on providing constructive feedback to the International Sustainability Standards Board (ISSB), which aims to provide jurisdictions around the world with a global baseline for sustainability-related financial disclosures.

The Alliance works to lay foundations for a consensus on European and global frameworks for corporate sustainability reporting, due diligence and sustainable finance.

The Alliance informs the development in Europe and globally by: 

• Facilitating exchanges among CSOs & investor initiatives on a global alignment on principles, objectives and priorities.
• Delivering expert analysis and facilitating joint recommendations.
• Organising extensive research on ESG corporate disclosure such as the EU Research 2019 and the EUKI Research.