EUROPEAN LEADERS FOR CLIMATE
The CSRD allies' movement
We advocate for smart simplification of the Corporate Sustainability Reporting Directive (CSRD). Our goal? To reduce compliance costs without compromising Europe’s climate ambitions.
We advocate for smart simplification of the Corporate Sustainability Reporting Directive (CSRD). Our goal? To reduce compliance costs without compromising Europe’s climate ambitions.
Europe has a thriving tech ecosystem dedicated to sustainability, which should be protected as a strong competitive advantage. We advocate for the continuation of the pro-environmental policies set by the CSRD while working to minimize the financial burden on businesses. This note outlines a series of measures that would significantly reduce compliance costs without compromising climate ambitions.
Eliminate the dominance of large audit firms like KPMG, Deloitte, EY, and PWC, reducing audit costs significantly (from €40-100K to less than €10K).
Tailor the reporting requirements based on company size, sector, and activity level to ensure fairness.
Publish practical guides to identify material ESRS for different industries.
Allow SMEs to use simplified audit standards and certified reporting software to reduce costs and improve efficiency.
The real suffocation comes from inaction, not transparency.
Critics of the CSRD blame it for Europe's economic struggles, ignoring deeper issues — political instability, energy costs, market stagnation, and weak investment. But the directive isn’t the enemy; it’s a tool to build a resilient, competitive, and sustainable economy.Rather than delay or dismantle it, the focus should be on better implementation, practical guidance, and proportionality— not fear-mongering. The greatest risk for businesses isn't compliance; it's failing to anticipate the inevitable shift towards a low-carbon economy. In the long run, inaction will cost far more than adaptation.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras sed vulputate augue. Nullam mauris metus, rhoncus eget urna sagittis, suscipit tincidunt leo. Quisque luctus eget est eu tincidunt. Duis tempor justo vel pharetra blandit. In hac habitasse platea dictumst.
Quisque sollicitudin nisl purus, at bibendum ante aliquam sed. Phasellus risus leo, aliquam sit amet egestas quis, feugiat ut mi. Maecenas feugiat nibh diam
We advocate for smart simplification of the Corporate Sustainability Reporting Directive (CSRD).
