What is CSRD?

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Bhaskar Roy asked 2 years ago

Question Tags: actonclimate, climatechange, corporate, csrd, greensutra, india, sustainability, sustainablereporting

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Team GreenSutra® Staff answered 2 years 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).

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