Listen now or read the full briefing below
A regular briefing for the alternative asset management
industry.
The EU's Corporate Sustainability Reporting Directive, or
CSRD, will require many large companies (including many alternative
asset managers) to report their harmful environmental and social
impacts. The CSRD's detailed rules may be unnecessarily complex
and expensive to implement, including for private markets
investors, but few in Europe take issue with the principle. Most
agree that the law should require companies to report publicly on
their ESG performance – at least to some extent.
But what about the logical next step: requiring companies to
take action to avoid doing harm? Is that a step too far?