CSRD & ESRS - IMPLICATIONS FOR INDIAN BUSINESSES_BDO India
08 August 2023
Corporate sustainability reporting has gained significant importance in recent years as organisations strive to demonstrate their commitment to Environmental, Social, and Governance (ESG) practices. In Europe, the introduction of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) aims to enhance the consistency and quality of sustainability reporting among companies in European Union (EU) member states.
Indian companies with subsidiaries or business operations in the EU are now required to align their reporting practices with these international standards to remain competitive, attract investments, and address evolving stakeholder expectations.
To help Indian firms stay ahead of the sustainability reporting trends and understand how this paradigm shift can impact their operations, we at BDO India have prepared a quick guide ‘CORPORATE SUSTAINABILITY REPORTING DIRECTIVE (CSRD) AND THE EUROPEANSUSTAINABILITY REPORTING STANDARDS (ESRS) - IMPLICATIONS FOR INDIAN BUSINESSES’.