A raft of new ESG regulations are due to come into force globally. The H/Advisors team and their special guest speakers discuss what this means and what companies need to do to prepare.
Hosted by Ryan Kisiel, Head of Sustain in London and Sebastien Ricard, Directeur Associé in Paris, with an opening statement from Sebastien covering the upcoming directives of the CSRD.
- CSRD aims to tackle greenwashing. It replaces the NFRD and makes changes on 3 major directives. Wide scope of
application with more than 50,000 equities concerned. A sustainability report becomes mandatory. Tackles double
materiality. Delegated acts update every 3 years.
- CSRD creates a common canvas of information and a common canvas to all companies whether they are European
or international to communicate their sustainability information. It is going to become harder and harder to
emerge in terms of communication and achievement when it comes to ESG for companies.
- It will be more and more difficult for companies to emerge among competitors, and it becomes more and more essential for companies within the EU to to have an efficient ESG and sustainability strategy that if effectively implemented and involves its stakeholder and achieve results.