CSRD and ESRS: complementary standards

The corporate sustainability reporting directive and the european sustainability reporting standards are two key elements of the european sustainability regulatory framework.
The CSRD requires greater transparency on ESG issues, while the ESRS provide rules to address them. together, they form a complementary system that promotes transparent and consistent sustainability reporting, but their integration presents challenges for companies, also offering strategic opportunities such as improved brand image and easier access to finance.
This convergence reflects a major step towards a sustainable and transparent economy.

CSRD: what impact for companies outside the EU?

The EU’s CSRD marks a major change in environmental, social and governance responsibility for companies.

Although directly applicable to european companies,the CSRD also concerns non-EU companies. the CSRD aims to standardise the disclosure of ESG information in order to improve the comparability of data and encourage sustainable management.

Non-european companies operating in the EU must comply with the CSRD requirements, which requires adjustments to their reporting and management systems.

In this way, the CSRD encourages companies worldwide to assess and improve their environmental and social impact in order to remain competitive on the european market.