“Unravelling Compliance" at APLANET Summit 2024 explored the evolving ESG standards and CSRD's role in transforming regulatory compliance into sustainable business practices. The panel delved into the complexities of the regulatory landscape, highlighting the strategic advantages of CSRD integration into business operations. Discussions covered the mitigation of greenwashing, the influence of global agreements, and the need for international reporting standards consistency. Additionally, the significance of financial systems and reliable data in shaping ESG reporting was emphasized, advocating for long-term strategic alignment with broader sustainability goals.
Key Discussion Points:
🔷 Evolution and Necessity of CSRD: Outlined CSRD's role in establishing standardized, reliable ESG disclosures to counteract greenwashing.
🔷 Influence of Global Agreements and Institutions: Examined how international agreements and regulatory bodies like the TCFD and the EU shape the ESG reporting landscape.
🔷 Interoperability and Alignment with Global Standards: Stressed the need for CSRD alignment with global sustainability frameworks for consistent reporting.
🔷 Strategic Benefits Beyond Compliance: Discussed strategic benefits of CSRD compliance, including enhanced financing options and corporate reputation.
🔷 Impact of Financial Institutions and Investors on Sustainability Reporting: Highlighted the pivotal role of financial systems in driving ESG reporting, underlining the importance of accurate data.
🔷 Future-oriented Business Strategies: Urged companies to adopt forward-looking sustainable strategies in line with global goals and regulatory expectations.
🎤 Speakers:
Robert Adamczyk: ESG Adviser EBRD & Member EFRAG TWG ESRS
Inés García-Pintos Balbás: Sustainability & Sustainable Finance Independent Senior Advisor & Lecturer
Laura Iriarte: Corporate Sustainability Consultant