NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

As companies navigate the implementation of laws such as the Corporate Sustainability Reporting Directive (CSRD) and the EU Taxonomy, many are questioning the higher costs of these new sustainability reporting requirements.

Despite these concerns, it remains important that we keep the original intention of these regulations in mind. Namely, requiring companies to report sustainability information with the aim of providing investors and stakeholders access to robust and comprehensive information to make more informed decisions; and establishing greater transparency about a company’s impact on planet and people.

Photo courtesy of Bill Oxford.