Knowledge tip - CSRD

 In June a new CSRD FAQ was published - Find it here

deb.GPT conclusion:

In the context of the Corporate Sustainability Reporting Directive (CSRD), the board of directors typically has the following responsibilities:

  • Oversight of Sustainability Reporting: Ensuring that the sustainability reporting process is integrated into the company's overall governance framework.

  • Approval of Sustainability Reports: The board is responsible for approving the final sustainability report, ensuring it is accurate and meets regulatory requirements.

  • Risk Management: Overseeing the identification and management of sustainability-related risks and opportunities.

  • Stakeholder Engagement: Ensuring that the company engages appropriately with stakeholders on sustainability issues.

  • Compliance and Audit: Ensuring compliance with sustainability reporting standards and facilitating external audits of the report.

For specific details, we recommend reviewing the document directly, particularly sections that focus on governance, responsibilities, and reporting requirements.

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How can boards stay updated with the latest regulations as the complexity of corporate governance continues to grow?

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