For HR practitioners interested in driving strategic change
within their organisations and cementing HR's role as a
strategic business partner, an understanding of the potential
impact of the Corporate Sustainability Reporting Directive
("CSRD"), the EU's regime for
reporting sustainability information, is essential.
In this article in our ESG series, we summarise the "need
to know" aspects of the CSRD from a people perspective and
what you can be doing to prepare within your business.
What is the CSRD?
The CSRD is an EU Directive that requires all businesses in
scope (typically large companies with EU operations) to collect,
report on and audit certain ESG data. This means that all in-scope
companies are now required to include a dedicated section in their
annual report on sustainability information. To ensure that the
reporting is meaningful, it needs to be carried out in line with
agreed standards (the European Sustainability Reporting Standards,
or "the
