Ghislain Boyer, KPMG: “With CSRD, ESG will eventually hit retailers very hard”

Global retailers are particularly affected by the imminent arrival of Europe’s CSRD (Corporate Sustainability Reporting Directive), according to Stephanie Grandjean Mateos and Ghislain Boyer, respectively Director of Circular Economy and Director at KPMG's ESG Centre of Excellence. By making business models and supply-chains too complex, these models have become impractical from an ESG point of view.

Through Sophie Baqué. Published on 27 May 2024 à 13h49 - Update on 10 June 2024 à 18h24

Many listed European retailers have yet to complete the first stage of CSRD, i.e. the double materiality analysis. What is the view of the retail sector?

Ghislain Boyer : CSRD is an equal process for all European companies, with 4 successive deployments. Companies with more than 500 staff all started at the same time, before the summer of 2023, ready to publish their first extra-financial report on January 1, 2025, for fiscal years ending to December 31. These reports have to measure data for the financial year that began on January 1, 2024. The CSRD report will be published at the same time as financial reports,…