EU's CSRD: Sustaining our environment, societies and organisations through robust reporting

The introduction of the Corporate Sustainability Reporting Directive (“CSRD”) in the EU is without doubt one of the greatest shifts in corporate reporting for in-scope companies in recent decades, writes Lorraine Sammon, Partner, KPMG

With the new Corporate Sustainability Reporting Directive (CSRD) in the EU, reporting will be required as part of the management report at the same time and for the same period as the financial statements.

The CSRD will require companies to make clear where they are on their ESG (Environmental, Social & Governance) journey, what their strategy, goals and targets are, and how good they are at achieving them.