European Green Deal: Introduction
To meet its commitments made during the Paris Climate Agreement and to promote a more sustainable recover to the economy post-pandemic, the European Union have set our a comprehensive plan called the European Green Deal. The objective of the deal is to create a prosperous and sustainable economy for the bloc. There are significant impacts […]
Part Five: Double Materiality Assessment
To comply with CSRD, businesses must perform a double materiality assessment. Double materiality extends on the existing concept of materiality widely used in managing financial risks to also include impact materiality. In this article, we explore the concept of double materiality and how it fits into the context of CSRD. We also look at how […]
Part Four: CSRD Prepare and Assess
Introduction As businesses begin to align their sustainability disclosures to the EU CSRD, a question we are often asked is where is the best place to begin. In this article, we look at the first phase in our CSRD program; Prepare and Assess. This phase of activity explains how every business should start their work in […]
Part Three: How we approach CSRD
Introduction In 2024 the first businesses will generate their integrated annual reports aligned to CSRD. The expansive nature of the directive means there is a lot that every company has to do to comply. From engaging stakeholders to perform a double materiality assessment, to identifying and documenting the policies, processes and information available across the […]
Part One: Introduction to CSRD
Introduction In 2022, the EU Council adopted the Corporate Sustainability Reporting Directive (CSRD). This delegated act, part of the EU Green Deal, sets out requirements for large businesses operating in the EU to disclose annually their material topics related to sustainability. This article provides an introduction to CSRD. It is the first in a series […]
Part Two: CSRD: Challenges, Risks & Pitfalls
Introduction This is the second article in our series about CSRD. In our first article, we provided an introduction to CSRD, setting the context for the directive, its objectives and how it is evolving. You can read our Introduction to CSRD here. In this article, we look at the CSRD challenges, risks and pitfalls that […]
CSRD FAQ’s
CSRD is the EU directive which requires businesses to disclose on an annual basis information about sustainability related topics in relation to their business model. The directive is designed to give stakeholders in the business information about the impacts, risks and opportunities and how the businesses plans to adapt its business model to improve. The […]
CSDDD: A step forward
The EU Parliament and Council recently reached an agreement on the Corporate Sustainability Due Diligence Directive (CSDDD), a big step forward for the legislation. This is a landmark directive which will increase the level of due diligence corporates must implement to protect human rights and environmental adverse impacts. A summary of the main points: New […]
