Some new EU regulations, which it seems may apply to UK organisations too, could put pressure on corporate partnerships next year.
The EU Corporate Sustainability Reporting Directive requires most organisations to produce more information about the social and environmental impact of the investments they make.
But how will this affect you? It is possible that this may impact the information that corporate partners need from us, to demonstrate the impact of the support they give. And it may reduce the amount of unrestricted funding that is available.
What should you do? Ask your corporate fundraising lead to check which corporate partners this applies to, and start a dialogue with them now. You can find out more about the EU CSRD at https://finance.ec.europa.eu/capital-markets-union-and-financial-markets/company-reporting-and-auditing/company-reporting/corporate-sustainability-reporting_en.