The Transition to Reporting Under CSRD

The CSRD, mandatory for large European companies in 2024, requires reporting on environmental and social impacts, including carbon emissions and governance. AkzoNobel, targeting a 50% carbon reduction by 2030, integrates sustainability into operations, focusing on Scope 3 emissions, requiring collaboration with suppliers and customers. The CSRD transition demands enhanced assurance and more qualitative disclosures. While limited assurance is often misunderstood, the goal is effective decarbonization, transparent reporting, and real results.