UK companies may be affected by the CSRD in the following scenarios:

1. Listed Securities: Companies with securities listed on an EU regulated market must comply with CSRD reporting obligations, regardless of their location.

2. EU Net Turnover: Companies with an EU net turnover exceeding €150 million over the past two consecutive years are subject to the CSRD if they have:

   • An EU subsidiary that is a large undertaking or has listed securities, or

   • An EU branch generating over €40 million in turnover in the previous financial year.

On 5th July 2024, the European Union (Corporate Sustainability Reporting) Regulations 2024 were signed into law by Minister Peter Burke. These regulations, which come into effect on 6th July 2024, are set to significantly change the landscape of corporate reporting across Europe. As part of a broader effort to align with the European Green Deal and the EU’s Action Plan for Financing Sustainable Growth, these regulations impose stringent new requirements on companies, particularly in the areas of sustainability and governance. The introduction of these regulations highlights the growing importance of environmental, social, and governance (ESG) considerations in business operations.

In May this year, the Critical Raw Materials Act (CRMA) came into effect in Ireland, marking a significant step forward in the EU’s efforts to secure a sustainable and reliable supply of critical raw materials. The Act is designed to help Europe achieve its 2030 climate and digital objectives by ensuring that these essential materials are sourced, used, and recycled in a sustainable and efficient manner.

For developers not using the HUB360 Tipper App, several pain points arise, especially when managing construction and demolition (C&D) waste and aggregate materials within the rigorous compliance frameworks and environmental sustainability goals. These challenges include:

At HUB 360, our delivery software platform leverages the very latest mobile technologies that allow organisations to precisely control and manage good distribution to partners and customers. The services we provide make businesses more efficient and ultimately, more successful.

HUB 360 has been designed to provide significant savings to both the operational and day to day costs of your organisation. It does so by providing valuable oversight of your daily business activities and ensuring that your trucks are always running at optimum capacity.