Why is ESG important?
ESG is crucial for the sustainability of our planet and the sustainability of your business. It stands for the Environmental, the Social and the Governance elements and impacts of your business.
To increase transparency, provide tools for investors to identify sustainable investment opportunities and support the EU’s sustainable development, the European Commission implemented the following regulations within its sustainable finance action plan:
The Taxonomy Regulation establishes a common green classification system within the EU to determine which investments qualify as sustainable enabling companies to raise ESG funding and financial institutions to design green financial products starting in 2022.
The draft Corporate Sustainability Reporting Directive requires companies to report on Sustainability in accordance with applicable European Sustainability Reporting Standards (ESRS) developed by EFRAC starting for all large companies in 2025.
We @ Moore can support you in preparing a transparent sustainability report under the (draft) Corporate Sustainability Reporting Directive (CSRD) and comply with applicable Sustainability Reporting Standards.