Assessing whether a company is in scope of the European Union (EU) Corporate Sustainability Reporting Directive (CSRD) has some inherent complexities. The scope of companies directly impacted is expansive — including US and other non-EU headquartered companies — making scoping a question that merits priority focus by companies with operations in the EU.

A company may have options in its approach to fulfilling its CSRD reporting requirements, and there are practical considerations that may inform a company’s determination of the most effective reporting approach for its organization under the CSRD. In this episode, Heather Horn brings you an audio version of our In the loop publication discussing these scoping and reporting approaches under the CSRD.

In this podcast, you’ll hear:

1:15 - Background and introduction
4:52 - Four steps to decide on how to report
9:20 - What is the scope of reporting obligations, and are there any exemptions?
13:35 - What information needs to be gathered?
26:32 - What is the timing of reporting?
29:27 - How do CSRD reporting requirements relate to other expected sustainability standards?
38:02 - How does corporate strategy and objectives interplay with reporting?
41:50 - What are pros and cons between some of the common reporting scenarios?
47:07 - What’s next?

Refer also to the print version, Take the next step - decide how to report under CSRD. Also, join our upcoming Q4 2023 Quarterly sustainability webcast.

Heather Horn is PwC’s National Office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series. With over 30 years of experience, Heather’s accounting and auditing expertise includes financial instruments and rate-regulated accounting.

Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.

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