CSRDatSME

Europe's commitment to combatting green- and social washing and achieving climate neutrality by 2050 is underscored by deploying the Corporate Sustainability Reporting Directive (CSRD). This directive will elevate corporate accountability by obliging large organizations to yearly disclose information on their societal and environmental impact. In Europe, more than 50.000 large organizations are impacted by this directive and in their wake, many more SMEs will be affected. The journey to implementing sustainability reporting for SMEs is long and complex, with a challenging timetable.

To support SMEs in this quest, this project has 3 key objectives:
-Increase awareness of the importance of sustainability and sustainability reporting,
-Provide guidance on implementing a valid and robust sustainability data governance system,
-Provide guidance in the preparation of sustainability reporting in compliance with the EU directive

CSRDatSME is commited to developing a learning network between policymakers and their representatives across Europe. The objective is to fully comprehend the CSR directive for internal reporting and to support SMEs on their journey. Starting with a needs assessment analysis, existing policy instruments and recommendations related to the 3 objectives (raising awareness of sustainability and reporting needs, providing guidance on implementing a robust sustainability data governance system and assisting in sustainability reporting compliance with the EU directive) with a focus on SME challenges will be adapted and or refined.

The overarching objective of the project is to improve policy instruments, enabling the establishment of robust regional support mechanisms tailored to facilitate effective CSRD reporting practices. As a result, the knowledge and understanding of sustainability reporting in general and of the CSRD specifically will be increased among the different partners, stakeholders and target groups.