ecoDa-
European
Confederation
of Directors
Associations
Invitation
| February
2023
CSRD: the
rules, their
impacts, and
the challenges
they raise for
companies
As
the Corporate
Sustainability
Reporting
Directive
(CSRD) came
into force on
5 January
2023, ecoDa
and Mazars,
are launching
a series of
two webinars
to enlighten
board members
about the new
requirements
and
responsibilities
implied by
this new
directive.
Intending to
bring
sustainability
reporting and
financial
reporting on
an equal
footing, the
CSRD
strengthens
the rules
about the
social and
environmental
information
companies will
have to
report,
notably with
the
development of
European
Sustainability
Reporting
Standards. In
addition to
mandatory
sustainability
reporting
obligations,
the CSRD also
introduces new
requirements
in terms of
assurance and
audit.
Understanding
what is at
stake seems
all the more
important that
a broader set
of companies
(including
listed SMEs)
will now be
required to
report on
sustainability
- with about
50,000
companies in
the scope in
comparison
with about
11,700 for the
current
Non-Financial
Reporting
Directive).
To equip board
members, but
more broadly,
all actors
that will now
play a role in
sustainability
reporting,
with the right
understanding
and practical
tips to apply
the new rules
in the
financial year
2024, ecoDa
and Mazars
have gathered
knowledgeable
practitioners.
They will
share their
complementary
expertise on
the rules, the
practice, and
what could be
expected
regarding
supervision –
and the best
way to get
prepared.
