Care for biodiversity will be crucial to companies too
CSRD-regulated companies have to report on their impacts, risks and opportunities linked to biodiversity and ecosystems, if and when biodiversity is material (relevant) to their business operations. So it’s high time to zoom in on this reporting standard: does it apply to your company? And how do you tackle biodiversity as a strategic topic?
Update: on 26 February 2025, the European Commission published its EU Omnibus proposal to simplify sustainability legislation. Read our more recent article about it here.
The EU Taxonomy explained
Companies subject to the European reporting requirement (NFRD or CSRD) must disclose how much of their turnover and expenditure is ‘sustainable’. What is and isn’t sustainable is defined within the EU Taxonomy. This European sustainability bible, launched in 2020, will enter into force in phases.
Update: on 26 February 2025, the European Commission published its EU Omnibus proposal to simplify sustainability legislation. Read our more recent article about it here.
Due diligence: care for people and the environment in the supply chains
On 24 May 2024, the Council of the European Union approved the Corporate SustainabilityDue Diligence Directive. From 26 July 2027, the first companies will berequired to protect human rights and the environment in their global supplychains.
Update: on 26 February 2025, the European Commission published its EU Omnibus proposal to simplify sustainability legislation. Read our more recent article about it here.
And the Award for Best Sustainability Report goes to …
Both Vandemoortele and Oxfam Fair Trade won awards at the Best Belgian Sustainability Reports ceremony. This was great recognition for their sustainable efforts!
3 trends in sustainability reporting
Busy preparing your sustainability report? Be sure to keep an eye on the latest trends and standards. That way, you create a report with impact.
