Uncertainty Allowances: How CFOs Can Prepare for the Unexpected
The interconnected disruptions roiling markets and industries today confront boards, CEOs and CFOs with more possible futures than they have ever had to consider. CFOs contending with uncertainties that resemble sci-fi plotlines (war, climate change, natural disasters, nuclear saber-rattling, beached container ships) are trending toward the approach that makes the most sense: Allow for the […]
Flash Report — Corporate Sustainability Reporting Directive (CSRD) Approved by European Council; More Than 50,000 Organizations Affected
On 28 November, the European Union (EU) Council gave its final approval to the Corporate Sustainability Reporting Directive (CSRD), which will require new, standardized and detailed sustainability reporting by companies. The CSRD represents a significant expansion from the earlier Non-Financial Reporting Directive (NFRD), which it replaces, and exceeds all previous sustainability reporting requirements, both in […]
