Wondering what impact new EU sustainability regulations will have on your company? Earlier this year, the European Union finalized its Corporate Sustainability Reporting Directive (CSRD), increasing the number of reporting companies in the EU from 11,000 to over 50,000. The Directive is also expected to impact more than 10,000 companies outside the EU, many of them U.S. companies.
Companies need to prepare now, including U.S. companies with a presence in the EU. Reporting requirements are set to phase in over the next several years, and the required disclosures will go beyond the disclosure of financial impact on companies to include activities that have a material impact on people and the environment, ranging from climate targets, transition plans, greenhouse gas emissions, employee and non-employee key performance indicators, and governance information.
To help you get ready, we invite you to join Ceres, We Mean Business Coalition, World Business Council for Sustainable Development, BSR, C2ES, and The B Team for a discussion of how the new EU regulations require companies to disclose their risks and opportunities related to sustainability factors through the European Sustainability Reporting Standards.
During this webinar, participants:
Identified which types of companies are subject to the EU reporting requirements.
Learned what the Directive entails and how it will be implemented.
Discussed next steps for companies to prepare for these disclosures.
Speakers
Jane Thostrup Jagd, Director, Net Zero Finance, We Mean Business Coalition, TWG member at EFRAG
Jake Rascoff, Director, Climate Financial Regulation, Ceres Accelerator for Sustainable Capital Markets
Kwasi Affum, Sustainable Finance & ESG Regulation Lead, Barclays
Christine Diamente, Managing Director, Transformation, BSR
Nicolas Grabar, Senior Counsel, Cleary Gottlieb Steen & Hamilton
Kristen Sullivan, U.S. Sustainability and ESG Services Leader, Deloitte