Sustainable Summer
Sustainability Under Pressure: Financial Reporting as a Stumbling Block
The pressure on companies to operate sustainably is decreasing. Both the European Parliament and publicly listed companies are scaling back their sustainability ambitions. In particular, the mandatory sustainability reporting – as outlined in the European CSRD (Corporate Sustainability Reporting Directive) – is under strain. Where transparency on environmental and social impact was set to become the norm, we now see delays, softening of requirements, and growing political resistance.
For many businesses, especially in the food industry, this creates dilemmas. On the one hand, there are internal ambitions and societal expectations to act sustainably; on the other, external pressure is easing. Reporting ESG (Environmental, Social, Governance) data is complex and costly. Now that the obligation appears to be weakening, some companies are considering postponing or limiting their disclosures – particularly when shareholders prioritize short-term financial performance.
The question, then, is not just what we report, but why. And how will the future of CSRD look in a shifting geopolitical landscape?
Mila Verhaag, Business Analyst at ACE + Company, presents the future role of CSRD and how this helps companies define value and tying financial success to environmental and social accountability.
Entice Your Taste Buds & Grow Your Network at the Young IFFI Sustainable Summer Event
Join us for an inspiring evening centered around sustainability, connection, and delicious food! The Young IFFI Sustainable Summer Event brings together young professionals from the (Young) IFFI network to share ideas, spark new conversations, and build lasting connections.
We’ll kick off the evening with a thought-provoking keynote ‘From Obligation to Opportunity’ by Mila Verhaag (ACE + Company), followed by relaxed and engaging activities—including a summer BBQ, a sustainability-themed pub quiz, and informal networking drinks.
Don’t miss this opportunity to expand your knowledge, connect with like-minded peers, and celebrate summer with purpose!
