Introduction to the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) On-demand eLearning Course

Integrating a systematic approach to sustainable development within an organization’s practices poses a significant challenge. The broad scope and intricacies of this vision, along with the continuously evolving understanding of its implications for planning and day-to-day conduct, demand careful consideration and adaptation. To address these complexities, sustainability reporting plays a pivotal role, fostering transparency and responsible practices.

With the EU leading the way on ESG legislation, organizations need to prepare in advance to report on a growing number of requirements.

The Corporate Sustainability Reporting Directive (CSRD) and Sustainable Finance Disclosure Regulation (SFDR) are already in force, with the Corporate Sustainability Due Diligence Directive (CSDDD) set to follow.

The CSRD is part of the broader ‘European Green Deal’, a set of policy initiatives by the European Commission, that so far has led to including the EU Taxonomy Regulation and the revised Sustainable Finance Disclosure Regulation (SFDR).

Companies are expected to comply, starting with the largest listed companies for fiscal year 2024, other large companies for fiscal year 2025, listed small and medium enterprises (SMEs) in fiscal year 2026, and third-country undertakings with a subsidiary or a branch in the EU for fiscal year 2027.

The CSRD incorporates the European Sustainability Reporting Standards (ESRS), a new mandatory set of standards for sustainability reporting. It aims to encourage businesses to embrace sustainable practices, significantly enhance and standardize sustainability reporting, and contribute positively to the global pursuit of a more sustainable future.

The aim of this on-demand course is to provide organizations with knowledge and insights into sustainability reporting, and specifically providing an introduction to the CSRD and the ESRS.