What is the CSRD?

The CSRD (Corporate Sustainability Reporting Directive) is a European directive that came into force on 1 January 2024, toughening up companies’ obligations under European directives, requiring the publication of specific, standardised and verified information about their environmental, social and governance (ESG) impacts. The aim of this directive is to improve transparency and encourage businesses to incorporate the challenges of sustainable development into their strategy.

Businesses must provide information in these 3 main areas to demonstrate the impact of their activities on the environment and on society, and also to explain how that influences their economic performance:

E: environment (reductions in emissions, the energy transition, management of resources etc.)

S: social (working conditions, diversity, inclusion etc.)

G: governance (ethics, transparency, anti-corruption measures etc.)

Teréga has introduced a CSR policy around these pillars to address the material, financial and environmental challenges of the CSRD.