Large banks headquartered outside the EU may opt to bring forward compliance with the bloc’s Corporate Sustainability Reporting Directive requirements ahead of the 2029 deadline, with reporting by their European-based peers set to kick off next year.
While non-EU domiciled companies and banks have until 2029 to produce CSRD reports on their Eurozone operations, disclosure from their European peers — set to commence next year — may well bring pressure from investors for similar outputs, according to Will Jackson-Moore, global sustainability leader at PwC UK.
