Charly Uster’s Post

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Director Sustainability @ Weber Shandwick

How do large companies currently link CSRD reporting to their overall business strategy? EFRAG has carried out an interesting (albeit qualitative) study to find out where large companies currently stand in the implementation of the CSRD (Corporate Sustainability Reporting Directive) and in particular how they are dealing with the first step, the required dual materiality assessment. ❗ The most impressive figure for me is that 85% of the companies surveyed use the results of the materiality analysis not only for reporting, but also to inform the overall corporate strategy and as a basis for decision-making. For me, this is a first success of the directive and shows that the complex regulation has been set up in the right way. Reporting is not an end in itself, but should be a strategic tool for the development of a company and for top-level decisions. The CSRD seems to fulfil this purpose. For more information, for example on the important topic of data management and other exciting findings, take a look at the study results for yourself: https://lnkd.in/ekJAj5WX #CSRD #sustainability #reporting #strategy

EFRAG_ESRS initial observed practices Q2 2024 final version.pdf

EFRAG_ESRS initial observed practices Q2 2024 final version.pdf

efrag.org

Lisa Landvogt

OnPurpose Fellow | post-growth | regenerative economy | steward ownership

4mo

Das macht ja mal Hoffnung :) Danke fürs teilen ☺️

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