Sustainability reporting in a shifting landscape
As environmental urgency continues intensifying and regulatory frameworks evolve, it is important for companies to enhance transparency. In this context, Credendo started to measure its carbon footprint in 2010 and published its first report on Corporate Social Responsibility in 2012.
A recent key development has been the Corporate Sustainability Reporting Directive (CSRD) – a European Union regulation that requires large companies to disclose detailed information on their environmental, social and governance (ESG) impacts. Credendo was initially expected to report under Wave 2 of the CSRD, starting in 2026. However, due to the recent “stop-the-clock” decision, this timeline has been delayed by two years and the directive is currently under revision and future obligations remain uncertain.
Regardless of the final outcome, Credendo is proactively working towards greater CSRD alignment, progressively integrating useful elements into internal processes and defining targets where needed to strengthen sustainability reporting. Our ambition has always been to go beyond the minimum requirements for sustainable corporate citizenship. We evaluate if and how our transactions are aligned with UN Sustainable Development Goals and we assess the environmental and social impacts of our transactions.
We look forward to sharing more in our upcoming Sustainability Report in autumn and continuing our path towards greater accountability.