The European Union (EU) has been set to implement significant changes to its Corporate Sustainability Reporting Directive (CSRD), affecting companies selling consumer products within the EU. This directive aims to expand the scope of prior regulations, targeting large corporations, listed small and medium-sized enterprises (SMEs), and non-EU businesses with substantial operations in the region. The CSRD's primary objective is to promote sustainable business practices through increased transparency and accountability, with far-reaching implications for the fashion industry both in the EU and worldwide.
EditorMarch 20, 2025