Many of the traditional accounting models mainly focus on statistics and the compilation of pure financial data, largely neglecting the impact of business activities on climate and environment. If traditional financial standards are regarded as one yardstick, then disclosure and accounting standards for non-financial information are equivalent to another yardstick.
1 January 2024 will finally bring sustainability reporting into the focus of companies and thus increasingly back into the eyes of the media and customers. This is because 2024 is the first reporting year for which the European Union’s Corporate Sustainability Reporting Directive (CSRD) applies. And even if this initially only applies to large EU companies, all other companies should also get on board – not least in terms of credible corporate communication.
What does cycling have to do with communication? In response, a brief digression on how NewMark has once again set new standards for its customers.
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