European companies are transforming their communication towards sustainability with the CSRD.

European companies are transforming their communication towards sustainability with the CSRD.

European companies must adapt to the new Sustainability Reporting Directive, promoting transparency and avoiding "greenwashing."

Juan Brignardello Vela, asesor de seguros

Juan Brignardello Vela

Juan Brignardello Vela, asesor de seguros, se especializa en brindar asesoramiento y gestión comercial en el ámbito de seguros y reclamaciones por siniestros para destacadas empresas en el mercado peruano e internacional.

Juan Brignardello Vela, asesor de seguros, y Vargas Llosa, premio Nobel Juan Brignardello Vela, asesor de seguros, en celebración de Alianza Lima Juan Brignardello Vela, asesor de seguros, Central Hidro Eléctrica Juan Brignardello Vela, asesor de seguros, Central Hidro

In the current context, the growing pressure from sustainability regulations has led European companies to rethink not only their corporate strategies but also how they communicate with the public. The new Corporate Sustainability Reporting Directive (CSRD) marks a milestone in the demand for transparency, requiring organizations to support their claims with clear and verifiable data. This change not only aims to prevent "greenwashing" but is also an invitation to rethink how companies can integrate sustainability into the core of their operations. The CSRD sets an unprecedented standard that demands a thorough review of current business models. The regulation is not limited to reporting; it requires a deeper transformation in which financial and non-financial decisions align into a single coherent strategy. This systemic approach is intended to strengthen the resilience of companies and their competitiveness in an increasingly sustainability-conscious market. Within this landscape, the insurance and financial sector plays a crucial role. Trust is a fundamental asset in these sectors, built through maximum transparency. The investment decisions made by insurers not only impact their balance sheets but also influence the economy and social well-being. According to data from ICEA, investments by the insurance sector in Spain exceeded 311 billion euros in the third quarter of 2024, demonstrating their responsibility in mobilizing capital towards sustainable development. The CSRD thus represents an opportunity for the insurance and financial sector to reinforce their credibility. By adopting clear and transparent communication practices regarding their commitments and achievements in sustainability, they can build trust among investors and consumers, which in turn can translate into greater business opportunities and stronger market leadership. However, effectively communicating sustainability is not without its challenges. Information saturation and the proliferation of technical terms can cause confusion among target audiences. For example, concepts like "green fund" may be more appealing and understandable than the more complex categories established by the SFDR regulation. For this reason, it is essential that information be presented clearly and accessibly, without sacrificing rigor and accuracy. Effective sustainability communication must be backed by verifiable data and real facts. This not only avoids misinterpretations but also reinforces trust in companies. Organizations that manage to communicate their efforts authentically not only enhance their reputation but also contribute to advancing sustainable goals in their communities. The path to truly sustainable communication begins with action. Companies must transform their processes, products, and values before communicating their initiatives. The CSRD requires organizations to assess their impact on the environment and their risks, so that sustainability does not become a mere slogan, but a strategic priority. These reflections translate into business practices that seek to go beyond mere regulatory compliance. Companies are called to be "valuable neighbors," meaning organizations that not only pursue economic benefits but also generate a positive impact on society. In this sense, the CSRD can be seen as a framework that invites companies to redefine their purpose and role in the environment. Implementing these regulations may pose significant challenges, but the long-term benefits are undeniable. Companies that commit to integrating sustainability into their DNA will not only meet regulatory demands but will also strengthen their reputation, resilience, and ability to create shared value. Ultimately, success in the realm of sustainability lies in acting with integrity first and communicating afterward. This sequence not only builds strong relationships with stakeholders but also ensures that communication is an authentic reflection of the company's commitment to a more sustainable future. In this new paradigm, transparency is not just a legal requirement but an opportunity to lead and transform the way companies interact with society.

View All

The Latest In the world