The CSRD and the EU Taxonomy are marking a new era in sustainability management and corporate reporting.

Learn about recent developments and the implications for your business in this webinar.

The launch, and now initial implementation, of the EU Taxonomy is showing potential to significantly change how businesses in the EU work with sustainability. With this year’s proposed Corporate Sustainability Reporting Directive (CSRD), businesses will now be further held responsible for a comprehensive scope of impact as the combined requirements from the Taxonomy and the CSRD will transform how companies both work with and report on their sustainability management. While this will help investors and civil society organisations to adequately benchmark and compare sustainability performance and impact across industries, it profoundly changes the expectations towards the so-called ‘non-financial’ corporate reporting. How businesses approach these requirements could be a deciding factor in both their resilience and success.

About this webinar

While the CSRD is still at proposal level and the European Financial Reporting Advisory Group (EFRAG) are hard at work on developing the exact standards, we provide an introduction to the expected requirements to be adopted during 2022, for businesses to report on already in 2023. In addition, the Commission formally adopted the Climate Delegated Act in June 2021 and established criteria that define which activities substantially contribute to the first two environmental objectives of the Taxonomy regulation.

Along with the CSRD’s revised requirements from the Non-Financial Reporting Directive (NFRD) comes a now increased scope of the amount of companies that are required to report. This underlines a fundamental shift in how sustainability will be defined in the business world.

We'll start this session by providing key updates on the developments of the EU Taxonomy and a thorough introduction to the CSRD, and then discuss the potential ways in which sustainability expectations will shift in the light of these new developments. As part of this session, we will discuss practical implications for businesses as well as underline the many opportunities for businesses that undertake the new requirements early and integrate them in new approaches to their sustainability management.

Agenda:

• New developments in the EU Taxonomy – ’10

• Introduction to the CSRD – 10’

• Broader implications on corporate sustainability management - 15'

• Staying ahead of regulation and how to successfully manage sustainability within the new requirements - 10'

• Q&A – 15’

Get in touch with Esben Lanthén (ela@nordicsustainability.com) for questions.

See you on November 2nd!

Practical:

The event will be conducted via Zoom Webinar. Link to be sent out prior to event.

Registration here on Eventbrite is required, and all registered participants will receive the Zoom link prior to the event.