Starting in 2024, the new Corporate Sustainability Reporting Directive (CSRD). in effect, a significant step in the direction of improved sustainability reports by companies in the European Union. This legislation expands existing reporting requirements and applies to a wider range of companies.
The CSRD applies to companies that meet the following criteria:
- A workforce of more than 250 employees.
- An annual turnover of more than 40 million euros.
- More than 20 million euros on the balance sheet.
These criteria mean that a significant number of medium and large companies within the EU must prepare for new reporting requirements. The CSRD requires detailed reporting on how business activities impact social and environmental issues, as well as information on how the company deals with sustainability issues.
The goal of the CSRD is to increase transparency and provide investors, consumers and other stakeholders with reliable and comparable information on sustainability performance. This marks an important shift in how companies report on their impact on society and the environment, while encouraging the transition to a more sustainable economy.
Looking for detailed annual reporting of the environmental impact of the corporate gifts and promotional items you purchase for your CSRD reporting? Then consider Tiger Concept. We offer comprehensive reporting to support your sustainability efforts. Please indicate in advance that you would like to take advantage of this service.
For more information, contact us at info@tigerconcept.nl or call 030 2600400.