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February 14, 2024

CSRD sector-specific standards delay is not an excuse for business as usual

By Mauro Cozzi
Business people at a meeting
Companies should focus on reorienting their business plans in alignment with the wider, key standards that have already been established by the CSRD (Photo: AboutImages/Envato)

Companies should be acting now to bring their operations in line with the EU Corporate Sustainability Reporting Directive

The Corporate Sustainability Reporting Directive marks a significant milestone in aligning sustainability reporting with financial reporting in the EU. Despite an agreement last week by the EU institutions to delay sector-specific standards, the directive still sends a strong signal and makes it clear that all businesses that fall under its scope should start getting their house in order.

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