On 14/12/2023, the EU Council and Parliament today reached a provisional agreement on the Corporate Sustainability Due Diligence Directive (CSDDD), which focuses on environmental protection and human rights in the EU and globally. Obligations for Companies Setting rules on obligations for large companies, covering their entire business chain, including [...]

The Members of the European Parliament (MEPs) have approved the delayed adoption of sector-specific European Sustainability Reporting Standards (ESRS) and those for non-EU companies under the Corporate Sustainability Reporting Directive (CSRD). The EU Commission is now expected to adopt the sector-specific reporting standards by June 2026. Sector-specific ESRS will [...]

The Corporate Sustainability Reporting Directive (CSRD, Directive 2022/2464/EU) is a landmark regulation that aims to improve the transparency and comparability of sustainability reporting in the European Union (EU). By amending the Accounting Directive (AD, Directive 2013/34/EU, already amended by the Non-Financial Reporting Directive (NFRD, Directive 2014/95/EU)), it extends the [...]

“This standardised tool enables SMEs to achieve their objectives and is intended to meet the needs of the market and ensure the market acceptance of the standards.” Elisa Bevilacqua, Sustainability Senior Technical Manager at EFRAG on November 28, 2023   Background and Development In their meeting on 08 November [...]

Internal Investigations Internal investigations, a cornerstone of robust organizational management, have become a standard practice in all well-managed companies. They are required in order to comply with avoid future wrongdoing and keep a good reputation. Conducting an effective investigation can be challenging and companies who do not want to [...]