Comparing CSRD and ISSB — Sustainability Reporting Standards

In Europe, the manufacturing sector accounts significantly for 22% of total greenhouse gas emissions. These significant effects on the climate are forcing industrial companies to face a complex challenge: They must navigate through a thicket of laws and standards in order to establish and continuously improve suitable methods for CO₂ accounting. Reporting on sustainability plays a central role in this context, as it creates transparency and enables companies to measure and communicate their environmental impact.

This guide provides a summary of important sustainability reporting standards, such as CSRD, ISSB, GRI, US SEC, and the GHG protocol. In particular, he compares the interoperability between CSRD and ISSB and explains how the CSRD can be used as an all-encompassing standard.