Eight months before the publication of the first extra-financial reports, the Corporate Sustainability Reporting Directive (CSRD) is shaping up to be a major challenge for European companies, be it establishing the materiality of their social impacts, collecting data in globalised supply chains, committing the organisation, or organising reporting. With mind Retail, a mind group publication focused on the international retail and distribution sector, mind RH offers an overview of the issues for the companies affected by the new obligations.
Background
Although listed companies (with turnover in excess of €40 million and 500 employees) and unlisted companies (with turnover of €100 million and more than 500 employees) are already subject to non-financial reporting obligations, as set out in the NFRD, the indicators vary and the data is therefore often incomparable. Faced with this lack of clarity, bankers and investment funds pushed for a social and environmental reporting directive, which took shape as the CSRD. This requires...
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Article authors
Sophie Baqué
Editor-in-Chief Mind HR
Antoine Piel
Section Head at Mind HR