Introduction Understanding Double Materiality The concept of 'double materiality' within the CSRD requires companies to evaluate the relevance of a sustainability matter from two distinct perspectives. On one hand, companies must assess the impact they have on the environment and society, known as the inside-out view. This involves examining issues such as damage to nature and violations…

Diving into the Depths of Corporate Sustainability Reporting Mandates The Corporate Sustainability Reporting Directive (CSRD), an initiative of the European Union, is set to usher in a new era of corporate reporting with an intensified focus on environmental, social, and governance (ESG) factors. Building upon the foundations laid by the Non-Financial Reporting Directive (NFRD), the CSRD…

In a world where environmental challenges are becoming increasingly evident, the concept of a circular economy is gaining prominence as a powerful tool for mitigating climate change, reducing resource depletion, and promoting sustainability. This transformative approach represents a departure from the traditional linear economic model, characterised by the extraction of raw materials, production, consumption, and…