Doubling Down on Impact Reporting

New EU reporting mandates will affect businesses well beyond Europe’s borders and require them to report on material impacts far beyond their own walls.

U.S. companies that conduct significant business in Europe are in for the strategic and compliance challenge of a lifetime. Accustomed to doing their best to provide sustainability information to investors via voluntary reporting frameworks, they must now prepare to adopt a rigorous sustainability reporting regime and wrap their collective minds around a new concept: double materiality.

The aim of the European Green Deal is to accelerate the transition to a low-carbon, sustainable economy. By taking into account ...

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