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ARTICLE · 07 MARCH 2024

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CSRD Reporting: How European Financial Services Firms Can Prepare

In our last blog post, we reviewed a sample of leading companies in the pharma and healthcare sector, assessing their readiness to comply with the EU Corporate Social Reporting Directive (CSRD).

GermanyFinance and Banking

A targeted analysis of European sector leaders provides indications of potential focus areas

In our last blog post, we reviewed a sample of leading companies in the pharma and healthcare sector, assessing their readiness to comply with the EU Corporate Social Reporting Directive (CSRD). The first companies governed by CSRD must apply its requirements for the financial year 2024.

This time, we conducted a targeted analysis of five leading financial services firms in the European Union and their readiness to comply with CSRD requirements. Generally, our analysis suggests that the analyzed firms, on average, display a high maturity in "governance". However, a considerable need for action was identified for the "environmental" and "social" pillars of the CSRD.

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