Demystifying CSRD: Timelines for Companies

Are you grappling with the Corporate Sustainability Reporting Directive (#CSRD)? Our comprehensive guide is here to help! This video simplifies the complex CSRD, recently approved by the European Parliament, and its significant implications for corporate reporting. We break down the CSRD implementation timeline, the challenges from implementing the directive, and the benefits of embracing sustainability beyond compliance.
This video will also detail which companies will be affected by the CSRD and the corresponding timelines for different types of companies. Starting from large companies in 2024, we follow the rollout through to small and medium-sized undertakings in 2026, and finally to third-country undertakings in 2028.
We'll also discuss the challenges that companies might face while implementing CSRD compliance, including data availability and quality, adapting to new reporting requirements, complexity of standards, and more.
To help you get started, we provide guidance on your next steps with CSRD and ESRS sustainability reporting. Our range of resources available at thecsrdcompass.com is designed to support you throughout this journey. Join us as we demystify the CSRD for your business.
Don't forget to like, share, and subscribe for more insights on achieving CSRD compliance and embracing sustainability. Thanks for watching, and we'll see you in the next one!
#csrd #esrs #sustainabilityreporting #esgreporting