The Corporate Sustainability Reporting Directive (CSRD) is a
European Union Directive which became operative on the
5th of January after having been published in the
Official Journal of the European Union. This Directive will require
the companies which fall under its scope to report and disclose to
the public certain environmental, social and governance (ESG)
issues.
Introduction
In recent years, sustainability has become a crucial issue for
businesses worldwide. Companies are increasingly expected to
consider their social and environmental impact and take steps to
reduce their negative effects. In response, many enactments have
been introduced to promote corporate sustainability, including
mandatory sustainability reporting.
