What can I do now?
Part of the CSRD is the development of common standards for reliable and comparable sustainability information, called the European Sustainability Reporting Standards (ESRS). It is therefore beneficial for you to start aligning to CSRD as soon as possible, as the standards allow companies to now set a clear direction for their sustainability management; relevant topics can be integrated into and implemented into business strategy, which in turn will create value for all stakeholders.
Independent of the size of your organization, aligning to the standards will help companies to communicate and manage their sustainability performance more efficiently.
Hence, the earlier you start, the more risk you can take off the table and the more value you can create for the long term.