The Corporate Sustainability Reporting Directive (CSRD): How Intelex Supports the Evolution of Materiality and ESG Reporting

The Corporate Sustainability Reporting Directive (CSRD) is increasing the ESG reporting responsibilities of many organizations. For EU businesses, global businesses that have EU operations and any other organization that includes EU businesses in their supply chain, the new CSRD requirements are going to expand the obligations for reporting ESG data.

CSRD expands the definition of materiality to include both financial materiality and impact materiality. This “double materiality” concept will require significantly more insight into your organization’s impact on the environment in which it operates. It could also mean more extensive disclosures from your supply chain. These requirements will have both direct and indirect impacts on many businesses around the world.