FACT SHEET
Corporate Sustainability Reporting Directive (CSRD)
What’s changed and what does it mean for your business?
The European Commission has taken measures to help lessen the regulatory burden on companies by adapting the scope of CSRD while maintaining the legislation’s core objectives.
The Corporate Sustainability Reporting Directive (CSRD) is an amendment to the current Non-Financial Reporting Directive (NFRD) in the EU. To date, the European Commission has published two sets of changes: EU Omnibus I, and the Sustainability Taxonomy Simplification, which forms part of the broader Omnibus I package.
Keeping track of these changes can be difficult! So to help, we've pulled together a handy fact sheet outlining key changes and what those changes mean for your business.
We've also included a host of additional resources including eBooks, Webinars, and Blog to help give you a clear picture of your reporting requirements!
Why SustainIQ?
SustainIQ helps industry leading organisations to improve competitiveness and to drive positive operational change.
SustainIQ is used by over 40,000 users in 30 countries globally. Using a web-based app, users can measure, monitor & report on their environmental, social, and economic performance in real-time.
20%
Average improvement in competitiveness in public procurement tendering.
34%
Average time-savings across all site locations on sustainability, ESG, & CSR reporting
19%
Average decrease in
CO2 emissions yearly per company
11%
Average increase in sustainability initiatives across their supply chain