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CSRD's Impact on Corporate Sustainability Reporting
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Overview
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The Corporate Sustainability Reporting Directive (CSRD) is set to impact corporate sustainability reporting in the European Union, necessitating independent third-party verification of sustainability reporting. This presents challenges such as culture change, capacity, expertise, information flow management, and materiality assessments, highlighting the growing pains and potential issues for businesses in this new reporting landscape.
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How might the implementation of the CSRD impact the global sustainability reporting landscape?
In what ways could the CSRD influence the corporate governance and decision-making processes of companies in the European Union?
What strategies can businesses adopt to address the challenges posed by the CSRD?
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