Bhaskar Roy asked 9 months ago
Summary
Article Name
What is CSRD
Description
Discover the meaning of CSRD, who introduced it and why it matters. Learn how CSRD aims to improve sustainable reporting.
Author
Team GreenSutra
Publisher Name
GreenSutra
Publisher Logo
1 Answers
Best Answer
Team GreenSutra® Staff answered 8 months ago
Team GreenSutra® Staff answered 8 months ago
CSRD stands for Corporate Sustainability Reporting Directive.
Corporate Sustainability Reporting Directive is a regulatory framework introduced by the the European Union aimed at improving the transperancy and disclosures of information under the following heads:
- Environmental
- Social and
- Governance
The CSRD entered into force on 5th January 2023 and the organizations subject to CSRD will have to report and disclose according to the European Sustainability Reporting Standards (ESRS).