Regulatory Landscape: Navigating Complexity with Precision

Questo è il principale argomento a favore dell’adozione di azioni sostenibili nella catena di approvvigionamento. Esploreremo in dettaglio come stia diventando obbligatorio rendicontare e coinvolgere gli stakeholder della propria catena del valore, almeno in Europa. Ma cosa succede se ti trovi altrove? Ciò significa che potresti essere influenzato facendo affari con aziende europee, ed è possibile che le normative cambino anche nei paesi in cui stai attualmente operando.

The regulatory landscape surrounding supply chain sustainability is complex and constantly evolving, requiring careful attention from companies worldwide. Compliance with these regulations is not just about avoiding penalties, but also about building a resilient and responsible supply chain that meets the expectations of various stakeholders.

Various regulations in the EU require companies, either directly or indirectly, to engage their suppliers. Among these, but not limited to:

  • CSRD (Corporate Sustainability Reporting Directive): Requires comprehensive sustainability reporting.
  • EUDR (European Deforestation Regulation): Focuses on preventing deforestation caused by specific products entering the EU market.
  • REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals): Regulates chemicals and their safe use.
  • CSDDD (Corporate Sustainability Due Diligence Directive): Requires companies to identify, prevent, and mitigate negative impacts on human rights and the environment in their operations and supply chains.
  • CBAM (Carbon Border Adjustment Mechanism): Imposes carbon tariffs on imports to prevent carbon leakage and promote cleaner production practices.

At the heart of this regulatory framework are the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS). These standards establish the specific disclosure requirements that companies must follow to comply with the CSRD, ensuring consistency and comparability across different sectors and countries.

Corporate Sustainability Reporting Directive (CSRD)

The CSRD is a key legislation introduced by the European Union to improve and standardize corporate sustainability reporting across member states. This directive replaces the Non-Financial Reporting Directive (NFRD) and significantly expands the scope of reporting requirements. The goal of the CSRD is to ensure that companies provide comprehensive and comparable information about their sustainability practices, thus increasing transparency for investors, consumers, and other stakeholders. Reporting under the CSRD is set to begin in 2025, for the reference year 2024, and will be conducted using the ESRS (European Sustainability Reporting Standards).

European Sustainability Reporting Standards (ESRS)

To implement the CSRD, the ESRS have been developed. These standards establish the specific disclosure requirements that companies must follow to comply with the CSRD. The ESRS provide detailed guidelines on how companies should report various sustainability parameters, ensuring consistency and comparability across sectors and countries.

Thematic Standards Requiring Action in the Supply Chain

Managing GHG emissions is a crucial issue for companies that want to contribute to the fight against climate change. Understanding what greenhouse gases are, how they are measured, and how emissions can be reduced through targeted actions along the entire value chain is essential for promoting a sustainable future. Transparency in emission reporting and the adoption of more responsible corporate practices are key steps in addressing the global challenge of climate change.