Sarah Thompson, Partner and Head of our ESG Group, has contributed to The Irish Times Irish Exporters special report on the EU’s Corporate Sustainability Reporting Directive (CSRD). The directive now requires large companies to report annually on their environmental, social, and governance (ESG) performance. Importantly, this obligation extends beyond the companies themselves to include their supply chains, making it particularly relevant for exporters.
In the article, Sarah outlines the key steps businesses need to take to comply with CSRD and highlights the synergies with existing regulations, which can ease the transition.
“Like any new law or regulation, compliance with the CSRD does involve costs; companies must invest in systems, personnel and assurance processes to meet the requirements. Having said that, there are synergies with existing regulations – in Ireland and overseas – and compliance will get easier with time as internal practices mature.”
To read the full article, click here (paywall): Aligning with CSRD can strengthen your business for the longer term – The Irish Times