Watershed launches new software solution to aid compliance with EU’s CSRD

Watershed, a leading provider of climate solutions software, announced the introduction of “Watershed for CSRD,” a cutting-edge software solution designed to assist companies in collecting and managing data for disclosure under the European Union’s new Corporate Sustainability Reporting Directive (CSRD).

The CSRD, which became applicable to certain companies at the start of 2024, mandates expanding the number of businesses required to furnish sustainability disclosures. This directive will encompass over 50,000 companies, substantially increasing from the approximately 12,000 currently covered.