Ahmed Fouad l M.Sc l MBA l NEBOSH IGC l AIEMA’s Post

Discover our exclusive Whitepaper on the European Sustainability Reporting Standards (ESRS) The Corporate Sustainability Reporting Directive (CSRD) will impact over 50,000 companies starting in 2024. This groundbreaking framework elevates ESG reporting to the level of financial reporting, setting a new benchmark for corporate transparency across Europe. Our comprehensive Whitepaper offers invaluable insights, including: ⦿ Introduction to the CSRD and its transformative impact on sustainability reporting. ⦿ Insights on which companies fall under the CSRD's scope and its implications. ⦿ Detailed exploration of ESRS, covering mandatory and non-mandatory standards. ⦿ Actionable guidance to ensure your organisation aligns with ESRS requirements. The ESRS and CSRD are strategic opportunities to align your company with the EU's ambitious sustainability goals. To stay ahead, start collecting data and understanding these requirements now. Download our Whitepaper today: https://lnkd.in/e_2MQDzk #sustainability #ESRS #CSRD #ESG #corporateresponsibility #PlanA #compliance #transparency #corporategovernance #EUregulations

Discover our exclusive Whitepaper on the European Sustainability Reporting Standards (ESRS) The Corporate Sustainability Reporting Directive (CSRD) will impact over 50,000 companies starting in 2024. This groundbreaking framework elevates ESG reporting to the level of financial reporting, setting a new benchmark for corporate transparency across Europe. Our comprehensive Whitepaper offers invaluable insights, including: ⦿ Introduction to the CSRD and its transformative impact on sustainability reporting. ⦿ Insights on which companies fall under the CSRD's scope and its implications. ⦿ Detailed exploration of ESRS, covering mandatory and non-mandatory standards. ⦿ Actionable guidance to ensure your organisation aligns with ESRS requirements. The ESRS and CSRD are strategic opportunities to align your company with the EU's ambitious sustainability goals. To stay ahead, start collecting data and understanding these requirements now. Download our Whitepaper today: https://lnkd.in/e_2MQDzk #sustainability #ESRS #CSRD #ESG #corporateresponsibility #PlanA #compliance #transparency #corporategovernance #EUregulations

The Corporate Sustainability Reporting Directive (CSRD), together with the accompanying European Sustainability Reporting Standards (ESRS), is probably one of the hottest topics regarding Corporate Sustainability at the moment. As companies start and continue to digest the implications of this new regulatory framework, many doubts and uncertainties arise (to be expected). Our comprehensive Whitepaper offers great insights, including: ⦿ Introduction to the CSRD and its transformative impact on sustainability reporting. ⦿ Insights on which companies fall under the CSRD's scope and its implications. ⦿ Detailed exploration of ESRS, covering mandatory and non-mandatory standards. ⦿ Actionable guidance to ensure your organisation aligns with ESRS requirements. The CSRD will impact over 50,000 companies starting in 2024, elevating ESG reporting to the level of financial reporting, and setting a new benchmark for corporate transparency across Europe. For you, CSRD is a strategic opportunity to align your company with the EU's ambitious sustainability goals. To stay ahead, start collecting data and understanding these requirements now. Download our Whitepaper today: https://lnkd.in/e_2MQDzk #sustainability #ESRS #CSRD #ESG #corporateresponsibility #PlanA #compliance #transparency #corporategovernance #EUregulations #regulatory #reporting

Are you tackling the first wave of European sustainability reporting? As companies gear up to meet the new European Sustainability Reporting Standards (ESRSs), ESMA's guidance outlines the must-know steps for first-time compliance. With expectations set, are you ready to conquer these new reporting challenges? https://lnkd.in/eQnp-arp #ESG #esgreporting #sustainabilityreporting #ESRS #CSRD #ESMA #KPMG

The recently launched IWA 48:2024 Framework for Implementing Environmental, Social, and Governance (ESG) Principles by ISO provides a practical and high-level framework designed to help organizations of all sizes and sectors embed ESG principles into their operations and culture. However, when it comes to sustainability reporting, understanding the distinctions among key frameworks is critical: The International Sustainability Standards Board (ISSB): emphasizes sustainability-related financial information, providing investors with decision-useful disclosures. Global Reporting Initiative (GRI): highlights impact materiality, focusing on the broader effects of organizational activities on the economy, environment, and people, including human rights impacts. European Union’s Corporate Sustainability Reporting Directive (CSRD): adopts a double materiality approach. By aligning with these frameworks, IWA 48:2024 serves as a cohesive guide, empowering organizations to navigate the evolving and complex ESG reporting landscape with confidence and clarity! 💡 Have you explored IWA 48:2024 yet?

🌍Get Ready for the Corporate Sustainability Reporting Directive (CSRD)!🌍 In January 2023, the European Union adopted the Corporate Sustainability Reporting Directive (CSRD), which mandates annual sustainability reports for companies with activities in the EU, alongside their financial statements. This new directive brings comprehensive and granular reporting requirements, going beyond existing ESG frameworks. Who Needs to Comply? ❗ Large companies (>500 employees): Must comply starting January 1, 2024, with reports due in 2025. ❗Companies with >250 employees or meeting financial criteria: ❗Compliance starts January 1, 2025, with reports due in 2026. ❗Listed SMEs and non-EU parent companies: Compliance begins January 1, 2026, with reports due in 2027. Listed SMEs can opt out until 2028. Key Benefits of CSRD Compliance 📈 Risk Mitigation: Avoid penalties and enhance resilience against climate-related risks. 📈 Cost Savings: Optimize resources and reduce waste for long-term financial benefits. 📈 Innovation Catalyst: Drive new business opportunities and solutions. 📈 Enhanced Reputation & Trust: Build credibility and attract stakeholders through transparent sustainability practices. Now is the time to integrate sustainability into your core strategy. The future of business is green—don't get left behind! ☎ 0141 226 8525 📲 07562 946 372 📩 Hello@weareboxfish.com #Sustainability #ESG #CSRD #CorporateReporting #BusinessGrowth #RiskManagement #Innovation #Boxfish

Understanding the CSRD: Requirements, scope, timeline 🌱 The Corporate Sustainability Reporting Directive (#CSRD) is set to reshape how businesses approach ESG reporting. Covering almost four times the number of organisations as its predecessor, the Non-Financial Reporting Directive (#NFRD), the CSRD introduces stricter requirements for transparency, accountability, and comparability, affecting every level of a company’s structure - from top management to daily operations. The CSRD’s phased implementation begins this year, with detailed guidelines on #ESG risk assessments, double materiality, and mandatory sustainability assurance. Businesses in scope will need to rethink their reporting practices, aligning them with the European Sustainability Reporting Standards (#ESRS) to meet the new regulations. GoodCorporation's latest blog dives into the key elements of the legislation, including the timeline, requirements, and how companies can best prepare for the transition. Whether you’re an SME or a large multinational, understanding these new obligations is critical to maintaining compliance and driving sustainable growth. To find out everything you need to know about the CSRD and what it could mean for your business, click the link below: #sustainability #environment

A big thank you to Camila Chamorro for her valuable support in gathering key details for this article on the Corporate Sustainability Reporting Directive (#CSRD). The CSRD is set to bring major changes to ESG reporting. Covering far more organisations than its predecessor, it introduces stricter requirements that will impact businesses at every level. Our latest blog breaks down the key aspects of the CSRD, from its scope to the timeline for implementation - a helpful resource for those tracking the latest in ESG reporting regulations.

Sustainability frameworks simplify the reporting process and help businesses structure their sustainability roadmaps .While there are many to choose from, here are some every business should know because, together, they cover critical aspects of environmental, social, and governance (ESG) reporting and they collectively provide a comprehensive approach to sustainability reporting, covering global alignment, transparency, environmental impact, financial materiality, and climate risk. ·UN Sustainable Development Goals (SDGs) is a universal call to action consisting of 17 goals, ·Global Reporting Initiative (GRI) help businesses report their sustainability impacts in a transparent and comparable way ·Carbon Disclosure Project (CDP) is a globally recognized platform that helps organizations measure and disclose their environmental impact. Sustainability Accounting Standards Board (SASB) offers industry-specific standards to guide companies in disclosing financially material sustainability information to investors. · Task Force on Climate-related Financial Disclosures (TCFD) provides recommendations for disclosing clear, comparable, and consistent information about climate-related risks and opportunities Of course, there are many others out there! What sustainability frameworks have you found most useful in your business practices? #Sustainability #ESG #GRI #SDGs #SASB #CDP #TCFD #SustainableBusiness #CorporateResponsibility

🚨 Last chance to register! 🚨 Join us for the nova-Session: Mastering CSRD Compliance: Strategies for Effective Sustainability Reporting 📝 📅 Date: 26 September 2024 ⏰ Time: 14:00 - 16:00 CET (Online) The Corporate Sustainability Reporting Directive (CSRD) is transforming how companies report on Environmental, Social, and Governance (ESG) issues, including Scope 3 emissions. If your company meets at least two of the following criteria—250+ employees, €40M+ turnover, or €20M+ total assets—you’ll need to comply soon. Our webinar covers all you need to know: ✅ CSRD Background & Objectives ✅ European Sustainability Reporting Standards (ESRS) ✅ Double Materiality & Stakeholder Involvement ✅ Reporting Verification & External Assurance 🎙 Expert speakers include Nicolas Hark, Ferdinand Kähler, Matthias Stratmann, Lara Dammer, and Lucas Wagner (TÜV SÜD). 🔗 Register now: https://lnkd.in/eWFAcbng Don't miss out on this deep dive into CSRD compliance and strategies for effective sustainability reporting! #CSRD #SustainabilityReporting #ESRS #ESG #CorporateTransparency #DoubleMateriality