Making sustainability information more accessible and comprehensive.
Introducing standardized reporting frameworks to ensure comparability across companies.
Ensuring the reliability of sustainability information through audit requirements.
Providing investors with the necessary information to make sustainable investment decisions.
Including large companies, listed companies, and certain SMEs in the EU.
Applying to EU and non-EU companies with significant operations in the EU.
Comprehensive coverage of ESG issues relevant to the company's operations.
Disclosure of due diligence processes for identifying and addressing sustainability impacts.
Providing insight into sustainability targets, plans, and progress.
Mandating a digital format to enhance the accessibility and usability of reported information.
Establishing robust systems for collecting and managing extensive sustainability data.
Developing or upgrading reporting infrastructure to meet the new requirements.
Acquiring the necessary expertise and training personnel on sustainability reporting standards and practices.
Managing the costs and resources needed to comply with the enhanced reporting requirements.