Sustainability Reporting and the Corporate Sustainability Reporting Directive (CSRD): Principles, Objectives and Duties.

This work will present the changing perspective related to legislation on sustainability mandatory reporting for undertakings, particularly on directive 2464/2022 (CSRD) by the European parliament. Firstly, to better comprehend the global interest about ESG principles, the work will begin with the definition of corporate sustainability in relation with concepts such as sustainable development and social corporate responsibility. Directive 2464/2022 will be discussed in relation with directive 95/2014 (NFRD), new principles and obligations will be highlighted, including novelties that the Omnibus package brought to the scope of CSRD. The concept of double materiality will be analysed, and the state of third-party assurance will be presented. The problem of indicators will be highlighted, presenting major frameworks such as GRI and ISSB compared to ESRS by EFRAG. In the last chapter the role and responsibility of directors under Italian legislation and how CSRD impacts the governance model will be deepened. The aim of the study is to establish if the CSRD can be a valid instrument to make European undertakings more sustainable and compliant to the Green Deal's aims.

This work will present the changing perspective related to legislation on sustainability mandatory reporting for undertakings, particularly on directive 2464/2022 (CSRD) by the European parliament. Firstly, to better comprehend the global interest about ESG principles, the work will begin with the definition of corporate sustainability in relation with concepts such as sustainable development and social corporate responsibility. Directive 2464/2022 will be discussed in relation with directive 95/2014 (NFRD), new principles and obligations will be highlighted, including novelties that the Omnibus package brought to the scope of CSRD. The concept of double materiality will be analysed, and the state of third-party assurance will be presented. The problem of indicators will be highlighted, presenting major frameworks such as GRI and ISSB compared to ESRS by EFRAG. In the last chapter the role and responsibility of directors under Italian legislation and how CSRD impacts the governance model will be deepened. The aim of the study is to establish if the CSRD can be a valid instrument to make European undertakings more sustainable and compliant to Green Deal's aims.