Corporate Sustainability Reporting Directive

The Corporate Sustainability Reporting Directive (CSRD) is a European Union regulation requiring companies to regularly disclose information about their environmental, social, and governance (ESG) practices. Its goal is to increase transparency, enabling investors, consumers, and other stakeholders to better understand a company's sustainability impacts and efforts. By standardizing reporting standards across industries, the CSRD encourages companies to adopt more sustainable practices, reduce negative impacts, and contribute to long-term societal and environmental well-being. It builds on earlier rules, aiming for more comprehensive and comparable sustainability disclosures from a broader range of companies.