Corporate Sustainability Reporting Directive: Quick Guide

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New sustainability reporting rules will apply from January 2024 under Europe’s Corporate Sustainability Reporting Directive. Here’s how to prepare.

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Madrid skyline. Credit: Alex Azabache, Pexels.

CSRD enforces sustainability reporting for companies, fostering transparency and accountability with benefits for companies and stakeholders. One Click LCA aids compliance across sectors. Our quick guide includes the below points :point_down:

  1. CSRD Overview:
  • New EU law mandates large companies to report on sustainability.
  • Aims for comprehensive, comparable information for informed decisions.
  1. Applicability:
  • Applies to EU and certain non-EU companies meeting criteria.
  1. Reporting Timeline:
  • Staggered reporting starts January 2025 based on company size.
  1. Reported Aspects:
  • Requires reporting on environmental, social, and governance factors.
  1. Double Materiality Concept:
  • Considers impact and financial materiality in reporting.
  1. Role of LCA:
  • Mandates reporting life cycle environmental impacts.
  1. Benefits:
  • Enhances risk management, informs investors, holds companies accountable.
  1. CSRD and EU Taxonomy:
  • Complementary regulations promoting sustainable practices.
  1. One Click LCA Support:
  • Provides Taxonomy solutions for diverse sectors.

Read the full guide below:

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