Investor sign-on letter for EU Corporate Sustainability Reporting Directive (CSRD)

9 members

Summary

The Commission’s proposed Corporate Sustainability Reporting Directive (CSRD) requires certain companies to disclose how they consider and manage ESG factors. This sign on letter will support PRI’s policy engagement to ensure the final CSRD enables investors to meet their reporting requirements and scale up their contribution to the EU Green Deal.

Business case

Globally comparable, consistent and high-quality corporate sustainability disclosure is needed to enable investors to incorporate ESG issues and assess the sustainability performance of corporate entities.

Investors regularly report to the PRI that a lack of consistent and comparable sustainability information is a substantial barrier to their responsible investment practice. For investors selling and/or marketing products in the EU, access to comparable, consistent and high-quality corporate sustainability disclosure is even more important to meet the increasing sustainability-related disclosure requirements under regulations such as the Sustainable Finance Disclosure Regulation (SFDR) and EU Taxonomy.

Collaboration details

Type
Investor statement or letter
Status
Open To Join
ESG theme
  • Environment
  • Governance
  • Social
Created on
Geography
Global
Attachments
  • pri_csrd_investor_statement_of_support.pdf Download