Reuters Events: Sustainability Reporting Europe 2023 etc.venues 133 Houndsditch, London
Regulated and standardised reporting is here. The Corporate Sustainability Reporting Directive [CSRD] has to be incorporated into member state law by 2024, and with the European Sustainability Reporting Standards [ESRS] being adopted in June this year, businesses are scrambling. They need to prepare existing systems and processes or overhaul them completely to produce consistent, comparable, and quality data that is compliant with the regulation. And they need to do this at speed.
A lack of clarity as to how the upcoming regulation will impact businesses and what they will be legally obliged to disclose, combined with differing global collection standards and capabilities has meant many are already behind in their preparation for the CSRD. The pressure is building as the risk of not being CSRD compliant increases. On top of this, business must match stakeholder requirements to provide material information that stands up to scrutiny and presented in a coherent, engaging format.
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