Corporate Social Responsibility Directive (CSRD)

The Corporate Social Responsibility Directive (CSRD), an EU legislation, requires large companies to disclose non-financial and diversity information in their annual reports, including environmental matters, social and employee-related aspects, respect for human rights, and anti-corruption issues. The goal of the directive is to provide stakeholders, such as investors, analysts, consumers, EU companies' sustainability performances and other business impacts or risks. As part of the European Green Deal and EU Action Plan for Financing Sustainable Growth, the directive improves the private sector's transparency and accountability around ESG impacts and risks to promote sustainable economic growth and investment in the EU.