The ESRS Approach to Water Sustainability

The European Sustainability Reporting Standards (ESRS) serve as a robust framework for ensuring that European enterprises embrace and promote sustainable practices. As part of this expansive framework, water, a critical and finite resource, emerges as a focal point of concern and regulation.

European Sustainability Reporting Standards (ESRS) — An Overview

The European Union’s commitment to sustainable development and ethical corporate practices is evident in the establishment of the European Sustainability Reporting Standards (ESRS). This initiative, designed to enhance transparency in sustainability reporting, has set forth rigorous standards for enterprises operating within the EU. As the global community gravitates towards sustainable practices, the ESRS seeks to place European businesses at the forefront of this movement.

New EU Sustainability Regulations will impact ASEAN Industries

Two recent developments in the European Union that will affect ASEAN, namely the Corporate Sustainability Reporting Directive (CSRD) and the Draft Corporate Sustainability Due Diligence Directive (CSDD). There is criterion within both of these directives that requires non-EU companies to comply with EU requirements. The CSRD has been in force since January 2023 while the CSDD’s , if passed, may come into effect in 2025.