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published on 4 December 2024 I reading time approx. 4 minutes
The CSRD significantly increases the requirements for sustainability reporting. The double materiality analysis requires the disclosure of financial risks and the impact on the environment and society. Governance, risk and compliance (GRC) frameworks offer a structured solution for integrating ESG criteria into corporate strategy. GRC promotes CSRD compliance and strengthens long-term competitiveness. This article sheds light on why it helps to take the “GRC pill” now to ease the “ESG pain”.
Marcel Manthey
Associate Partner
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Christian Uhrig
Nicole Glück
Senior Associate