Corporate Sustainability Reporting Directive (CSRD)

The CSRD legislation will be phased in for different companies. From 2024, the legislation will already be mandatory for large companies. To be considered a large company, two of the following three criteria must be met:

• The company has more than 250 employees;
• The company has an annual turnover of more than 50 million euros;
• The company has more than 25 million euros in assets.

For non-publicly traded SMEs, a different form of CSRD is being considered that is more realistic and feasible for them. From the 2026 fiscal year, CSRD will also apply to publicly traded SMEs and in 2028 for non-EU companies. These companies must be ready to report according to the CSRD standards before the fiscal year starts. Therefore, companies will soon have to report and publish a lot of new and very specific information.

On November 30, 2022, the European Commission introduced the first proposal for the PPWR legislation. Since then, the proposal has been under review by the European Parliament and the Council of the European Union. By the end of November 2023, there was a vote on the PPWR. On March 4, 2024, the European Parliament and the Council reached a provisional compromise on the PPWR regulations after several months of negotiations. The European Commission has yet to agree on the final outcome of these negotiations.

The PPWR is expected to be approved, signed, and published by the Parliament and the Council around late 2024 or early 2025. The PPWR measures will come into effect twelve months after publication.

Under the CSRD directive, large companies in the Netherlands are required to report on their sustainability performance in their annual reports. Depending on the size of the organization, this could be mandatory from the 2024 fiscal year. These are often large enterprises already required to report based on the Non-Financial Information Disclosure Decision (NFI). Instead of only reporting on financial status, companies will also become more conscious of their impact on the climate.

Thanks to legislation such as CSRD and PPWR, companies will increasingly focus on their environmental impact in the future. Sparck is committed to helping your company achieve its sustainability goals. Implementing an automatic packing machine means:

Our packaging machines, the CVP Impack and CVP Everest, use smart techniques to package products sustainably. By customizing boxes, you can save up to 50% in volume, leading to fewer transport movements as more packages can be shipped simultaneously, thus lowering the environmental burden.

With our machines, you can save up to 30% on cardboard, as less material is needed to pack your products. This results in less production and procurement of cardboard, which in turn leads to lower CO₂ emissions and less transport of empty cardboard.

Globally, 55% of online consumers are willing to pay more for products from companies that strive to reduce their environmental impact. Demonstrating your company’s commitment to sustainability can lead to increased sales. Sparck is happy to assist you in sustainably packaging your products and improving your environmental image.

Our machines are certified, reducing the strain on personnel.

The machines can scale up and down quickly, contributing to a consistent and pleasant workflow for all employees.

Our cardboard is fully recyclable, contributing to a circular operation. The machine can also be fed with recycled cardboard, supporting the sustainability cycle.

With all these benefits, we can help your company properly anticipate the new legislation.