ESG principles, the English acronym for “Environmental, Social and Governance” and sustainability are expected to be definitely affirmed in 2024. This turning point is marked, first of all, by the definitive application, as per January 1st 2024, of Directive 2022/2464 called “Corporate Sustainability Reporting Directive” (“CSRD”) which obliges larger companies, to start with, in reviewing the own corporate governance so that to align it with the sustainability concept provided by the legislation, and in publishing sustainability reports based on the European Sustainability Reporting Standards (“ESRS”).
What does the relevant legislation provide? To whom does the CSRD Directive apply? Why is it necessary to adhere to ESG principles?
Tonucci & Partners ESG Team has developed multidisciplinary skills to support and advice clients who intend to approach sustainability in an accurate and innovative way by reviewing their business and investment models in a long-term sustainable light and perspective.
In-depth analysis by Alessandro Vasta of Tonucci & Partners.
