Ceemet view on Corporate Sustainability Reporting Directive

Download file
30 August 2021
On 21 April 2021, the European Commission has adopted the Sustainable Finance and EU Taxonomy package which aims at improving the flow of money towards sustainable activities across the European Union. Part of that package is the revision of the Non-Financial Reporting Directive (NFRD) which is now part of the newly proposed Corporate Sustainability Reporting Directive (CSRD). As the Commission not only proposes to widen to scope of the reporting entities but also to impose an extremely detailed reporting obligation, Ceemet fears that the administrative burden on companies will be significant.