European Commission to revise Corporate Sustainability Reporting Directive
The European Commission is revising the Corporate Sustainability Reporting Directive (CSRD), aiming to simplify requirements and reduce the burden on businesses. Under the proposed changes, only companies with more than 1,000 employees and either over €50 million in net turnover or €25 million in assets will need to comply. This adjustment is expected to exempt around 80% of previously affected businesses, significantly narrowing the scope of mandatory sustainability reporting.
For organisations, this shift presents both challenges and opportunities. While it may ease administrative pressure for many, it also raises concerns about maintaining transparency and accountability in corporate sustainability efforts. Businesses that remain within the reporting scope will need to focus on delivering high-quality disclosures that align with evolving stakeholder expectations. With the proposal awaiting final approval, now is the time for organisations to assess how these changes will impact their sustainability strategies and long-term ESG commitments.
Every organisation has financial accounting. Soon, every organisation will need energy accounting
No business would make a major investment based on incomplete financial information. Imagine running a...
The uncomfortable truth about energy strategy in Europe
There is a gap in the energy conversation that not many want to admit, because...
Energy price volatility is now a financial risk
Energy prices don’t just fluctuate anymore, they move in ways that are hard to predict...
Will your next upgrade cut demand, or create new risk?
We’ve all seen it: the ribbon is cut, the system goes live, the project wraps...
When the grid says no: why energy capacity is becoming a business risk
Electricity demand is rising faster than supply. Networks are struggling to cope, and for many...
The risk no one’s managing: why energy risk management is now a business priority
Every well-run organisation understands the importance of risk management. Identifying, avoiding, and mitigating risk is...
Why energy risk now sits on the CFO’s desk
Banks, investors, insurers, and regulators are no longer waiting for organisations to act voluntarily on...
Grid capacity is becoming a hidden blocker to net-zero
In the UK, more than £200 billion in energy projects are currently stuck in grid...
Want investment? Be prepared to prove your energy performance
There was a time when sustainability reporting was largely about demonstrating good intentions. That time...
The most expensive energy project is the one you never needed
When people talk about expensive energy projects, they usually mean the ones that ran over...