PwC Survey: 63% of Companies Confident in CSRD Readiness, But Face Data and Resource Challenges

  • Almost two-thirds of companies (63%) surveyed are very or extremely confident that they will be ready to report under the EU’s Corporate Sustainability Reporting Directive (CSRD)
  • However, with the first wave of companies due to report from six months time, executives cite data availability and quality (59%), value chain complexity (57%) and staff capacity (50%) as obstacles to implementation to a large or very large extent
  • Despite even higher levels of confidence for those companies due to report from six months time (72%), less than half of these companies have completed key activities, such as confirmation of reporting options (39%), double materiality assessment (38%), and validation of availability of data (20%)
  • More than three-quarters (76%) believe CSRD is or will lead to company leadership considering sustainability in decision making to a greater extent
  • Respondents believe CSRD will benefit their company to a large extent through environmental performance (51%), improved engagement with stakeholders (49%), and risk mitigation (48%)