All Things Sustainable23 Jul 2021

CSRD: EU's latest proposed addition to alphabet soup of sustainability regulation

The EU is working to reform its Non-Financial Reporting Directive, regulation introduced in 2014 requiring large companies to report on environmental and social issues, such as the impact of climate change on their business and the diversity of its board. The proposed new rules, called the Corporate Sustainability Reporting Directive (CSRD), would expand the reporting requirements and drastically increase the number of companies disclosing this information. CSRD would also make auditing of companies' sustainability reports obligatory. Corporations, regulators and investors increasingly recognize that environmental, social and governance risks need to be accounted for alongside financial risks when valuing a company. Investors are seeking consistent data and standards to guide them in their investment decisions around ESG factors.

In this episode, we speak to Saskia Slomp, CEO of European Financial Reporting Advisory Group, or EFRAG, which advises the EU on the use of accounting standards within the bloc and which was asked by the European Commission, the EU's executive arm, to develop proposals for the new directive.

"The development of mandatory common sustainability reporting standards is necessary to progress to a situation in which sustainability information has a status comparable to that of financial information," she tells us. "So many companies receive additional information requests for sustainability information from stakeholders." Photo credit: Getty Images Related past podcast episodes: Banks' big green EU taxonomy challenge
https://podcasts.apple.com/us/podcast/banks-big-green-eu-taxonomy-challenge/id1475521006?i=1000511776202 EU revolutionizes sustainability regulation with SFDR
https://podcasts.apple.com/us/podcast/eu-revolutionizes-sustainability-regulation-with-sfdr/id1475521006?i=1000514008934

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(348)

Here's what you missed at London Climate Action Week

The 8th edition of London Climate Action Week (LCAW) wrapped up June 28, and in this episode of the All Things Sustainable podcast we're talking about key takeaways with Nick Mabey. Nick is LCAW's Fou...

3 Jul 44min

What planetary health means for the private sector

The inaugural Climate Week Zurich in May opened with a stark assessment of the health of the planet: Internationally recognized scientist Johan Rockström told the audience that the Earth has transgres...

26 Jun 38min

CSO Insights: How sustainability at big bank UBS evolved after mega-merger

Three years ago, one of the world's largest banks, Switzerland-based UBS, completed the acquisition of another major global bank, Credit Suisse. In today's episode of the All Things Sustainable po...

19 Jun 33min

How the UK is tackling the "alphabet soup" of sustainability disclosures

Ahead of London Climate Action Week, we're exploring how the UK is adopting International Sustainability Standards Board (ISSB) standards. This episode of the All Things Sustainable podcast is the...

12 Jun 25min

Live in London: How sustainability is evolving into a broader conversation about resilience

Earlier this year, we took the show on the road for our first episode of the All Things Sustainable podcast recorded live in London. We sat down in front of an audience with three guests to understand...

5 Jun 41min

CSO Insights: How food and beverage giant PepsiCo uses AI for its 'era of resilience'

In this episode of the All Things Sustainable podcast, we talk to PepsiCo to understand how one of the world's biggest food and beverage companies is building resilient food systems. PepsiCo produc...

29 Mai 40min

How companies are balancing AI data center energy demand and sustainability

The rapid expansion of AI-driven data centers is putting unprecedented pressure on energy supply, emissions and water availability. At the start of 2026, S&P Global named AI and data center growth as ...

22 Mai 33min

Why Canadian Sustainability Standards Board Chair calls sustainability disclosures "table stakes"

In this episode of the All Things Sustainable podcast, we're examining global uptake of standards created by the International Sustainability Standards Board (ISSB). The ISSB launched in 2021 to c...

15 Mai 25min