Blog - CSRD

CSRD Reporting: Your Top 5 Questions Answered by EFRAG

The European Financial Reporting Advisory Group (EFRAG) recently released 44 detailed explanations on the upcoming Corporate Sustainability Reporting Directive (CSRD). With so much new information, many companies have questions. Here, we address the top 5 most anticipated questions regarding CSRD reporting:

How consultants are leveraging software to manage CSRD compliance for clients

As the Corporate Sustainability Reporting Directive (CSRD) gains attention across Europe, consultants are playing a crucial role in helping organizations navigate the complexities of this regulatory framework.This article explores the role of consultants in managing CSRD reporting and highlights the benefits of leveraging software to streamline their workload.

What is the CSRD and who does it apply to?

The Corporate Sustainability Reporting Directive, known as the CSRD, is a new regulation that replaces the current Non-Financial Reporting Directive (NFRD). The CSRD has a much broader scope and will apply to an additional 50,000 companies across all sectors by 2024. These companies will be required to publicly disclose detailed and transparent information about how sustainability issues affect their business, from both an external perspective (such as risks and opportunities) and an internal perspective (such as impacts on people and the environment).

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