Nordea highlights 2025 CSRD reporting lessons, urges simpler double materiality assessments

Nordea highlighted lessons from early Corporate Sustainability Reporting Directive implementation, focusing on double materiality assessment and value-chain boundary setting. Audit-firm experts flagged weak links between materiality findings and policies, actions, targets, and metrics in 2025 reporting. They warned against overengineering materiality work, stressing it remains largely qualitative despite pressure to quantify. Internal controls for sustainability data remain underdeveloped versus financial reporting controls, despite similar legal requirements. Readiness for 2025 reporting varied mainly by company size and prior reporting experience, with earlier finance and board involvement easing execution. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nordea Bank Abp published the original content used to generate this news brief on September 24, 2026, and is solely responsible for the information contained therein. (C)