Corporate Sustainability Reporting Directive
(CSRD)
ESG reporting standards
ESG standards are maturing rapidly, and these changes may impact the work you do. It is therefore important to stay on top of these changes and evolve with them.
Corporate Sustainability
Due Diligence Directive (CSDDD)
Global Reporting
Initiative
United Nations
Global Compact
United Nations
Sustainable Development Goals (SDGs)
In force since January 2024, the EU’s Corporate Sustainability Reporting Directive is a revolutionary piece of EU legislation which requires all listed companies to report on their ESG activities within the next four years. Companies not directly in scope will be affected by CSRD due to the necessity for those companies to report on their supply chain partners. CSRD reporting is expected to be according to the new European Sustainability Reporting Standards (ESRS).
The Corporate Sustainability Due Diligence Directive is the next major piece of EU reforming legislation which will affect large companies, requiring them to set targets to reduce their emissions and to take direct responsibility for the impacts of their activities.
The Global Reporting Initiative (GRI) is a voluntary standards-setting organisation which enables transparency and open disclosure relating to an organisation's impact on issues such as climate change, human rights and corruption. It is particularly attractive to non-profit organisations, and has been evolving over decades.
The United Nations Global Compact is a voluntary UN pact which functions as a policy platform and a practical framework for businesses and firms who are committed to sustainability and responsible businesses practices. The Global Compact provides 10 principles which are supported in further detail by the UN Sustainable Development Goals (SDGs).
The UN SDGs are 17 world development goals and macroeconomic targets created by the UN with the intention to promote sustainability, peace and prosperity. The UN SDGs serve as the principle for many sustainability and impact investing initiatives, such as the Principles for Responsible Investment (PRI) and the Global Impact Investing Network (GIIN).