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Don’t give up on sustainability reporting, businesses urged

04.01.2026 - Luxembourg Times

In the press

Sustainability reporting can be good for European businesses and it’s not going anywhere, despite watered down CSRD.

The CSRD - the European directive requiring companies to include societal and environmental data in their accounting - has had a difficult birth, it is fair to say. Originally conceived in 2014 as “non-financial reporting”, it first faced criticism for being too vague.

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