CSRD
In recent years, the importance of sustainability has been increasingly recognized in corporate circles. Investors, consumers, and regulators demand more transparency and accountability regarding environmental, social, and governance (ESG) practices. This shift has led to developing and adopting various sustainability reporting standards. One of the most significant recent developments in this area is the Company Sustainability Reporting Directive (CSRD). What is CSRD? The Corporate Sustainability Reporting Directive (CSRD) is a new regulation from the European Union (EU) to enhance the transparency and reliability of sustainability reporting and It replaces the Non-Financial Reporting Directive (NFRD) and expands the scope and depth of sustainability disclosures required from companies. CSRD is designed to improve the quality of sustainability information companies disclose, making it more comparable, consistent, and reliable. This enables stakeholders to make more informed choic...