Request Free Trial
October 13, 2023

ESG reporting rules ‘only useful’ if they reduce emissions

Coca-cola bottles
Under pressure: Coca-Cola Europacific Partners’s Mitrevski Dale says her company is feeling increasing pressure from the whole value chain about how it will reduce its emissions (Photo: Spencer Platt/Getty Images)

The EU Corporate Sustainability Reporting Directive should be seen by businesses as an opportunity, not a burden, said speakers at a Brussels summit. Meanwhile, pragmatism, rather than perfection, was urged around nature reporting

Companies should use environmental, social and governance reporting regulations, such as the EU Corporate Sustainability Reporting Directive, to initiate changes that will bring down emissions and not treat such laws as a bureaucratic task to be fulfilled, said Simon Henzell-Thomas, global director of climate and nature at the Ingka Group, which owns the vast majority of Ikea stores.

To continue reading

Request Free Trial
  • Unlimited access to all content
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines
Already a subscriber?Log in
A service from the Financial Times