On September 26, 2024, the European Commission issued formal infringement procedures against 17 EU Member States for failing to fully implement the Corporate Sustainability Reporting Directive (CSRD) by the July deadline. This delay could create uncertainty for businesses obligated to meet sustainability reporting standards. The CSRD is pivotal for transparency in environmental and social governance (ESG), helping investors make informed decisions. Learn about the potential consequences and what businesses should expect next.
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