Sébastien Mandron (Worldline): “If the CSRD were easy, it would be meaningless”

Sébastien Mandron, administrator of the French "Collège des directeurs du développement durable" (sustainable development directors group), spoke to mind RH after the presentation of the omnibus directive, which narrows the scope of mandatory social and environmental reporting and is expected to reduce companies’ obligations. Also CSR director of the payment solutions group Worldline for nearly 11 years, he defends the maintenance of the Corporate Sustainability Reporting Directive (CSRD), which his employer implemented by publishing its first sustainability report in mid-April.

By Antoine Piel. Published on 30 April 2025 à 17h25 - Update on 30 April 2025 à 18h03

Is the omnibus proposal already having an impact on businesses?

With environmental issues, physical resources and the geopolitical context, we see the CSRD as a tool that enables companies to address their insurability and provide investors and customers with information about their sustainability. BlackRock [the world’s largest asset manager, ed.] has stated that it will no longer talk about [environmental, social and governance] at all. Except that they are continuing to make environmentally and socially responsible investments. So they don’t talk about it anymore, but in reality they are implementing the policy. The Chinese have also adopted the double materiality matrix. The issue is not just about simplification, because investors will still ask for the information they need to make their decisions. So the CSRD is just a format, and if it didn’t exist, they would send out a questionnaire with 45 questions that would have to be completed in order to obtain the necessary funds.…

Antoine Piel

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