Companies in scope for the Corporate Sustainability Reporting Directive (CSRD), are aware that the reporting burden can be onerous and incorporate the entire supply chain.
There may be positive news with Ursula Von Der Leyen announcing that sustainability reporting will be consolidated into a single ‘omnibus’ requirement.
In scope are CSRD, Corporate Due Diligence Directive and the EU Taxonomy. The context is the European Competitiveness Deal and an EU commitment to simplify compliance and reduce reporting by 25%.