CSRD, a new EU legislation, mandates large and listed organisations to publish reports on social and environmental risks and their impact.
Although this is an EU law, it will have an impact internationally and, in particular, for UK companies who operate internationally.
Beyond CSRD, both the UK and EU are forging ahead with new sustainability regulations — and recent changes in the law mean companies and senior managers could face criminal prosecution for failing to take account of sustainability issues within their business.
New rules on deforestation compliance from both the EU and UK are also putting pressure on companies to ensure compliance with environmental rules. Within the world of sustainability, deforestation and CSRD, there’s a risk of not seeing the woods from the trees.