Sustainable investment bodies urge CSRD transition disclosures
The European Sustainable Investment Forum (Eurosif) and the UN Principles for Responsible Investment (PRI) have written to EU institutions calling for the inclusion of mandatory disclosures on company transition plans and net-zero commitments in the Corporate Sustainable Reporting Directive (CSRD). They note that while companies are increasingly making such commitments, they are rarely backed by relevant and comparable data and are therefore difficult to assess. With climate risks becoming increasingly material, “investors need comprehensive information on how companies intend to decarbonise their operations and value chain. The CSRD presents a unique opportunity to bring such transparency.” The letter therefore calls for the CSRD to contain “robust, granular requirements” – another reminder of the increasing emphasis on granularity across the reporting landscape.
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