EU’s CSRD becoming effective over the next years will replace existing regulations around sustainability reporting being in place for large corporate enterprises. CSRD will widen the scope of reporting, specify more precise requirements on content and formats, and define audit mechanisms (analogous to financial audits). Step by step also midsized and even small companies may be forced to provide sustainability information, especially if they are part of complex supply chains.
Our fact sheet on CSRD – available for free download – provides an overview about the current state of the legislation process and the expected consequences companies should prepare for.
Last Update: March 2023