New EU Sustainability Reporting Rules Are a Challenge, Says Puma

Meeting new European Union requirements for corporate reporting on sustainability is a challenge, sportswear brand Puma’s head of sustainability said on Wednesday, ahead of what he called an “avalanche” of regulation in the bloc.

“We are nowhere near being able to fulfil the requirements of CSRD,” Stefan Seidel said on a panel at the Reuters Impact conference in London, referring to the EU’s Corporate Sustainability Reporting…