Good morning, Peter Vanham here in Geneva, filling in for Alan.
Feedback here at CEO Daily is always welcome, but especially when it contains a challenge. So, Alan and I were particularly intrigued when we got this reply: “Dear Alan, I always enjoy your e-newsletter but you are missing one big challenge for CEOs.”
The challenge we missed, in this case, was the European Union’s Corporate Sustainable Reporting Directive, or CSRD. The binding, EU-wide directive came into effect on Jan. 5 of this year. As of 2025 (financial year 2024), it will force large, listed companies with headquarters or subsidiaries in the EU to disclose a broad set of ESG metrics and have those disclosures assured by a third party.
