The Impact of Laws and Regulations under the Corporate Sustainability Reporting Directive (CSRD) on the Enhancement of ESG Reporting Standards in the European Union (EU) and Their Effects on Businesses within the Supply Chain and Logistics Systems of Internat
Keywords:
Corporate Sustainability Reporting Directive (CSRD), ESG (Environmental, Social, and Governance), Sustainability, Global Supply Chain and LogisticsAbstract
Global shifts in environmental, economic, and social dynamics have compelled businesses to prioritize sustainability. The European Union’s Corporate Sustainability Reporting Directive (CSRD) aims to strengthen ESG (Environmental, Social, and Governance) disclosure standards, emphasizing transparency, comprehensiveness, and accountability. This directive significantly affects international supply chains and logistics systems, particularly for companies operating within or linked to the EU.
This article examines the implications of CSRD regulations on global trade logistics and supply chains, comparing it with the former Non-Financial Reporting Directive (NFRD). It also analyzes the challenges and adaptation strategies for non-EU businesses, especially in Southeast Asia. A special focus is placed on Thai exporters and logistics providers, exploring ways they can comply with stricter ESG reporting requirements while enhancing their competitiveness in a global economy increasingly driven by sustainability values.
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