The Corporate Sustainability Reporting Directive (CSRD): The Evolution of Materiality and ESG Reporting

The CSRD (Corporate Sustainability Reporting Directive) is going to have a significant impact on ESG reporting for any organization that has operations in the European Union (EU). This includes EU organizations, global organizations that operate in the EU and other organizations with EU businesses in their supply chains.

Many businesses that were not subject to ESG reporting requirements under existing frameworks like NFRD (Non-Financial Reporting Directive) will have new obligations under CSRD. These new requirements include double materiality assessments that consider both financial and impact materiality. This is a significant difference between CSRD and other reporting frameworks around the world.

Our new article, The Corporate Sustainability Reporting Directive (CSRD) shows you what CSRD means for you and what you need to do to meet its requirements. You will learn about:

• What types of companies will be impacted by CSRD reporting requirements.
• The dates on which different organizations must report their ESG data.
• How Intelex’s new Corporate Reporting for ESG application can help you manage your ESG data for CSRD reporting.