The Corporate Sustainability Reporting Directive (CSRD) presents a major step change in sustainability reporting in Europe, introducing mandatory standards to govern disclosures alongside heightened quality assurance requirements.

For financial institutions, CSRD requires a deep dive into both operations and vast value chains. Why? Their carbon footprint, for example from lending and investment activities is 700 times larger than the footprint from their operations, accounting for over 99% of their total emissions.

Understanding impacts at the individual transaction level is crucial, calling for analysis of millions of contracts and often challenged by data unavailability.