Sure! Here’s the translated text in American English:
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The Corporate Sustainability Reporting Directive (CSRD) has become a fundamental pillar to drive the transition toward a sustainable economy in Europe. Aiming to transform the continent into the first to achieve greenhouse gas emission neutrality by 2050, the Spanish Association for Quality (AEC) organized the 1st Sustainability and Climate Change Omnibus Congress – CSRD.
The event brought together nearly a hundred business leaders who discussed the implications of the CSRD and the Omnibus proposal in business management and organizational leadership. In her opening speech, Beatriz López, president of the AEC, emphasized that in the 21st century, there can be no quality without a genuine commitment to sustainability, also thanking the Communities of Environment and Sustainability for their contributions to knowledge sharing.
The congress was structured around four panel discussions addressing various topics, from legislative advances to implementation challenges and climate plans. In the first panel, moderated by José Miguel Tudela, the commitment of Spanish companies to the directive was evident, although challenges were noted, such as the need for methodological clarity and the management of large volumes of data.
The importance of verifiers in the sustainability process was the central focus of another panel moderated by Antonio Burgueño, where experts highlighted the need to develop verification methodologies that meet the expectations of regulators and other stakeholders.
In the session on “Practical Cases,” representatives from large companies reflected on the complexity of current standards and the usefulness of double materiality for identifying relevant impacts in each business unit. However, they also emphasized that this process requires significant internal reorganization and a substantial investment of time and resources.
The congress concluded with the panel on “Climate Transition Plans,” moderated by Javier Mañueco, where commitments from various companies to achieve emission neutrality were discussed. Participants shared experiences about their plans and specific actions to reach this ambitious goal.
Begoña Beltrán and José Miguel Tudela, who closed the event, highlighted the success of the congress and the importance of preparing organizations to meet sustainability information requirements in a constantly evolving regulatory framework.
Referrer: MiMub in Spanish
