CSRD and ESRS for manufacturing companies
CSRD and ESRS for manufacturing companies
The European Corporate Sustainability Reporting Directive (CSRD) requires almost 50,000 companies to publicly report on environmental, social and economic aspects. This Directive extends the scope of the previous Non-Financial Reporting Directive (NFRD), which affected approximately 11,600 companies. In January 2023, NFRD was replaced by CSRD. The CSRD provides clear instructions on what and how to report to achieve compliance with the 12 European Sustainability Reporting Standards (ESRS) published on July 31, 2023.
The introduction of CSRD represents a significant step towards corporate responsibility and transparency in CO₂ accounting, as it requires major European economic players and CO₂ issuers to provide detailed and traceable information on emissions at company level.
This guide gives you a comprehensive overview of CSRD and presents opportunities not only to meet ESRS requirements, but also to effectively improve your own CO₂ balance sheet and thus make your company sustainable.