Dublin businesses have been urged to begin preparing for new EU corporate sustainability reporting responsibilities, which are due to come into effect in 2024.
This advice came from leading environmental governance expert, Dr Diarmuid Torney, who said: “New EU rules around corporate sustainability reporting are expected to come into effect from January 2024 for large companies and will be extended to SMEs from January 2026 as core part of the European Green Deal.
“All companies should consider the impact of such reporting on their business and begin planning immediately for these new regulations.”
The associate professor in DCU’s School of Law and Government was speaking in advance of a free online masterclass for businesses. The Climate Ready Academy Sustainability Reporting Masterclass is open to business of all sizes and across all sectors and will be hosted by broadcaster Ella McSweeney.
It will offer insight into the evolving climate change policy landscape, the implications for businesses arising from national and EU policies and regulations and practical tips on how businesses can respond.
A Skillnet Ireland initiative, it will take place July 28, at 1pm. Those wishing to attend the free event, can register via: https://www.climatereadyacademy.ie/masterclasses/