Sweden — The EU's taxonomy regulation, which determines when a business is sustainable, comes into effect on January 1, 2024, and the sustainability reporting directive, CSRD, becomes law in Sweden on January 1, 2025. Nevertheless, very few real estate companies have begun to prepare for the transition. According to Mattias Johansson, partner and auditor at KPMG, they run the risk of being cought off guard when the law comes into effect. His message to the industry is clear: <br /> “It's time to raise the issue now!”