CDSB welcomes the Renewed Sustainable Finance Strategy and the EU’s intention to contribute to the development of ambitious reporting standards in Europe and beyond, building on the recommendations of the Task Force on Climate-Related Financial Disclosures.
CDSB welcomes the much-awaited publication of the Corporate Sustainability Reporting Directive (CSRD). The suggested changes presented by the European Commission represent a solid foundation to start discussions, but some improvements are needed.
The EU Commission-appointed European Financial Reporting Advisory Group (EFRAG) Project Task Force published its final report on the creation of European non-financial reporting standards. CDSB welcomes recommendations on international co-construction and digitisation, but cautions around areas of duplication that can be avoided.
The members of the Alliance for Corporate Transparency (including CDSB) have combined their expertise and aligned positions on the key priorities for the reform of the EU Non-Financial Reporting Directive and development of standards on corporate sustainability disclosures.
CDSB's Policy Manager, Axelle Blanchard, shares her views on the current state of reporting policies and corporate practices following the launch of CDSB’s latest analysis of 2020 environmental disclosure by Europe’s major companies in order to assess what is ahead of us in 2021.
The third consecutive review of environmental and climate-related disclosures in Europe shows signs of improvement, but the information remains insufficient for investment decision-making.
The CDSB has held a series of briefings around the disclosure under the EU Non-Financial Reporting Directive ahead of a major report launch in December.
What is the Enhanced Reporting Europe campaign?
On 15 July, CDSB submitted its response to the European Commission’s public consultation on a renewed sustainable finance strategy. We have summarised the key points of our response.
ACCA, Accountancy Europe, Association of German Banks (BdB), CDSB, EFAMA, Frank Bold, IIGCC, Schroders, ShareAction, WWF have decided to form an informal group on Sustainable Finance. The group is used as a platform for collaboration and coordination and can serve in the future as a useful forum for further interactions with the EU institutions.
CDSB welcomes the final adoption of the EU Taxonomy Regulation after this week’s vote in the European Parliament.
CDSB's Policy Manager, Axelle Blanchard shares key takeaways and useful resources from the launch of CDSB’s latest analysis of environmental and climate-related disclosure by Europe’s major companies.
Current corporate reporting practices could fall short on delivering on the objectives of the European Green Deal and the 2050 climate neutrality target.
As the EU’s new strategy for a sustainable financial system is debated in Brussels, CDSB’s Policy Manager Axelle Blanchard identifies some challenges and opportunities of this important initiative.
As the new European Commission is currently implementing the priorities set out in the 11 December Communication on the European Green Deal, CDSB’s Policy Manager, Axelle Blanchard, gives insight into the first round of feedback from stakeholders from the initial inception impact assessment consultation on the NFRD review.
Following the launch of the EU Environmental Reporting Handbook, CDSB's project manager, Gemma Clements, shares four essential tips on how to disclose environmental information in line with reporting requirements in Europe.
Last week the European Commission launched the public consultation on the review of the Non-Financial Reporting Directive.
