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Europe Adopts Reporting Standards for CSRD Disclosures

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The European Commission has given assent to its own set of guidelines for the estimated 50,000 companies that will be required to report their ESG performance data under the Corporate Sustainable Reporting Directive (CSRD). The European Sustainability Reporting Directive considers frameworks established by the International Sustainability Standards Board and GRI and will be applicable when companies first report under CSRD in 2025.

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