Less than half of sustainability reports are CSRD-compliant
With the first CSRD reports due in early 2025, it looks like sustainability teams will have a busy 2024 gathering missing data.
With just a few days to go before the Corporate Sustainability Reporting Directive (CSRD) officially enters into force on January 1, new analysis shows that more than half of companies are yet to align sustainability disclosures with regulatory standards.
Climate disclosures are more disparate than social or governance reporting, despite being the area with the most regulatory consensus, according to Nasdaq’s State of Sustainability and ESG 2023: only 44% of companies provided disclosures aligned to climate reporting standards this year.
