What is the CSRD framework?
The CSRD framework requires businesses to report on the impact their operations have on society and the environment. By enhancing reporting on these issues, businesses can better align themselves with the evolving ESG expectations. The CSRD framework replaces the Non-Financial Reporting Directive (NFRD), which now places greater emphasis more on comparing business’s sustainability efforts.
Why complying with CSRD benefits your business
Adhering to the CSRD regulations offers many benefits. One key advantage is that it promotes full transparency and gives full insight into a business’s sustainability efforts, which helps build trust. It also boosts investor confidence, as investors favour businesses that offer detailed ESG disclosures. Additionally, businesses that demonstrate expertise in sustainability, position themselves ahead of competitors by being seen as proactive and forward-thinking.
