{"id":20234,"date":"2023-10-25T09:27:32","date_gmt":"2023-10-25T07:27:32","guid":{"rendered":"https:\/\/solvatten.org\/?p=20234"},"modified":"2023-10-25T11:04:05","modified_gmt":"2023-10-25T09:04:05","slug":"esg_reporting_understanding_the_impact_of_esrs_and_csrd","status":"publish","type":"post","link":"https:\/\/solvatten.org\/sv\/esg_reporting_understanding_the_impact_of_esrs_and_csrd\/","title":{"rendered":"The New Landscape of ESG Reporting: Understanding the Impact of ESRS and CSRD"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20234\" class=\"elementor elementor-20234\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0c4ce85 elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"0c4ce85\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-66cd21f\" data-id=\"66cd21f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-483b2bb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"483b2bb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ae3b8a7\" data-id=\"ae3b8a7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-de3c7a7 elementor-widget elementor-widget-text-editor\" data-id=\"de3c7a7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Reshaping how companies report on sustainability<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2e1452a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2e1452a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-475f338\" data-id=\"475f338\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-800f7f5 elementor-widget elementor-widget-text-editor\" data-id=\"800f7f5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>NAVIGATING THE NEW LANDSCAPE<\/p><p><span style=\"font-size: 40px;\"><b>ESG Reporting: Understanding the Impact of ESRS <\/b><\/span><span style=\"font-size: 40px;\"><b>and CSRD<\/b><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b64db94 elementor-widget elementor-widget-text-editor\" data-id=\"b64db94\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div style=\"margin: 0px; padding: 0px; user-select: text; -webkit-user-drag: none; -webkit-tap-highlight-color: transparent; overflow: visible; cursor: text; clear: both; position: relative; direction: ltr;\"><p>In a rapidly evolving corporate world, the focus on sustainability has never been more critical. The adoption of the European Sustainability Reporting Standards (ESRS) on July 31, 2023, marks a significant milestone in the European Union&#8217;s commitment to environmental, social, and governance (ESG) transparency.<\/p><p><strong>Mandatory Compliance: A Turning Point in ESG Reporting<\/strong><br \/>The ESRS are now mandatory for approximately 50,000 companies within the EU and an additional 10,000 companies outside the EU with significant operations in Europe. These standards require companies to conduct a robust assessment of their business activities&#8217; impact on the environment and climate.<\/p><p><strong>Transparency in Climate Credits: A New Requirement<\/strong><br \/>Under the Corporate Sustainability Reporting Directive (CSRD), companies are also required to be transparent about their use of climate emission credits, especially if they are used to support claims of GHG neutrality. Companies must explain that the use of these credits does not hinder or reduce their ambition to transition towards reducing climate emissions.<\/p><p>\u00a0<\/p><p><em>&#8221;Companies must adhere to credible and high-integrity climate emission credits that meet recognized quality standards (ESRS E1-7.61).&#8221;<\/em><\/p><p>\u00a0<\/p><p><strong>Detailed GHG Emission Goals<\/strong><br \/>Companies are required to report their GHG emission goals for Scope 1, 2, and 3 emissions, either separately or combined. These goals must be gross goals, meaning companies cannot include GHG removals, carbon credits, or avoided emissions as a means to achieve their GHG emission targets.<\/p><p><strong>How Non-EU Companies Are Affected<\/strong><br \/>Non-EU companies are not exempt from the CSRD&#8217;s reach. They will be affected in three key ways:<\/p><p>\u2022 Companies with securities listed in the EU.<br \/>\u2022 Companies with significant activity in the EU.<br \/>\u2022 Parent companies of in-scope EU subsidiaries.<\/p><p><strong>The Future of ESG Reporting<\/strong><br \/>The CSRD and ESRS are not just regulatory requirements but a call to action for companies to play their part in mitigating global challenges like climate change and social inequalities.<\/p><p>\u00a0<\/p><p><em>&#8221;The path toward sustainability is a collective journey, and the new standards serve as a roadmap for companies to follow.&#8221;<\/em><\/p><p>\u00a0<\/p><p>Through our projects, we can help your company balance the scope 2 and 3 emissions, in your company\u2019s journey to become net-zero and mitigate climate change.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-92e17e3 elementor-widget elementor-widget-heading\" data-id=\"92e17e3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><p style=\"--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgb(59 130 246 \/ 0.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ;\"><span style=\"font-size: 16px; font-weight: 400; white-space-collapse: collapse;\">Interested to know more? Reach us at&nbsp;<\/span><a href=\"mailto:hello@solvatten.org\" style=\"font-size: 16px; font-weight: 400; white-space-collapse: collapse; font-family: var( --e-global-typography-primary-font-family ), Sans-serif; background-color: rgb(255, 255, 255); --tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgb(59 130 246 \/ 0.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ;\">hello@solvatten.org<\/a><\/p><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3c9020 elementor-widget elementor-widget-spacer\" data-id=\"e3c9020\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b4dd106 elementor-widget elementor-widget-spacer\" data-id=\"b4dd106\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e6180ed elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e6180ed\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-367633c\" data-id=\"367633c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8eb8b94 elementor-widget elementor-widget-spacer\" data-id=\"8eb8b94\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Reshaping how companies report on sustainability NAVIGATING THE NEW LANDSCAPE ESG Reporting: Understanding the Impact of ESRS and CSRD In a rapidly evolving corporate world, the focus on sustainability has never been more critical. The adoption of the European Sustainability Reporting Standards (ESRS) on July 31, 2023, marks a significant milestone in the European Union&#8217;s [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":20237,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[79,1],"tags":[1235],"class_list":["post-20234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-uncategorised","tag-solvatten-clean-water-solar-energy-climate-change-water-purifier-swedish-innovation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v24.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The New Landscape of ESG Reporting: Understanding the Impact of ESRS and CSRD - Sunshine Stories<\/title>\n<meta name=\"description\" content=\"Under the Corporate Sustainability Reporting Directive (CSRD), companies are also required to be transparent about their use of climate emission credits. 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