Post di Francesco R. Wembagher

📢 The #CSDDD is officially published! 🌍 Today, the Corporate Sustainability Due Diligence Directive (CSDDD) has been published in the Official Journal of the EU. 🌱 This marks a major step forward to help companies better manage their sustainability risks and mitigate and address negative impacts on people and the planet.   📅 Next steps: ➡️ 25 July 2024: entry into force of the CSDDD. ➡️ By 26 July 2026: EU member states to transpose the CSDDD into their national law. ➡️ By 26 July 2026: European Commission to assess the extension of due diligence requirements to the downstream part of the value chain for financial institutions under scope. ➡️Timeline for application of the CSDDD: 📌 26 July 2027: application starts for EU companies with more than 5000 employees and a net worldwide turnover of more than € 1500 million, as well as for non-EU companies with more than €1500 million net turnover in the EU 📌 26 July 2028: application starts for EU companies with more than 3000 employees and a worldwide turnover of more than €900 million, as well as for non-EU companies with more than €900 million net turnover in the EU 📌 26 July 2029: application starts for EU companies with more than 1000 employees and a worldwide turnover of more than €450 million, as well as for non-EU companies with more than €450 million net turnover in the EU   📖 Find the full text of the Directive here: https://lnkd.in/eyyhEPbn

📢 The #CSDDD is officially published! 🌍 Today, the Corporate Sustainability Due Diligence Directive (CSDDD) has been published in the Official Journal of the EU. 🌱 This marks a major step forward to help companies better manage their sustainability risks and mitigate and address negative impacts on people and the planet.   📅 Next steps: ➡️ 25 July 2024: entry into force of the CSDDD. ➡️ By 26 July 2026: EU member states to transpose the CSDDD into their national law. ➡️ By 26 July 2026: European Commission to assess the extension of due diligence requirements to the downstream part of the value chain for financial institutions under scope. ➡️Timeline for application of the CSDDD: 📌 26 July 2027: application starts for EU companies with more than 5000 employees and a net worldwide turnover of more than € 1500 million, as well as for non-EU companies with more than €1500 million net turnover in the EU 📌 26 July 2028: application starts for EU companies with more than 3000 employees and a worldwide turnover of more than €900 million, as well as for non-EU companies with more than €900 million net turnover in the EU 📌 26 July 2029: application starts for EU companies with more than 1000 employees and a worldwide turnover of more than €450 million, as well as for non-EU companies with more than €450 million net turnover in the EU   📖 Find the full text of the Directive here: https://lnkd.in/eyyhEPbn

Staying ahead of ESG legislation requirements 🌍   The ESG landscape is constantly evolving and can be complex to navigate. TRN can help businesses understand and comply with ESG and human rights regulations, both current and upcoming.   Our innovative ESG Legislation Gap Analysis Tool is designed to assist businesses in identifying current requirements and preparing for the future.   This comprehensive tool collects business data through a simple questionnaire and then identifies all global ESG legislation that a business needs to comply with. We provide a detailed, customised report covering a range of areas including key actions and best practices as well as business risk.     Want to learn more about our ESG gap analysis tool? Get in touch with us at [email protected] #ESG #BusinessHumanRights #ESGTools

Changes are coming to ESG reporting for financial services institutions. In 2024, FSIs must transition from just understanding ESG frameworks to actively incorporating them into their business models – and that way leveraging the business potential beyond pure reporting. We break down 4 of these changes to the ESG regulatory landscape and what FSIs need to know. Read our blog to find out more 👉 https://lnkd.in/eSHTaifC

On 22 July 2024 the IESBA submitted a comment letter to the Committee of European Auditing Oversight Bodies (CEAOB) regarding the CEAOB’s draft non-binding guidelines on limited assurance on sustainability reporting under the Corporate Sustainability Reporting Directive (CSRD) in the European Union (EU). "Ethics and independence are a cornerstone to sustainability assurance quality and to public trust in assurance on sustainability reports." #ESG #CSRD #ISSA5000