The EU’s Corporate Sustainability Reporting Directive (CSRD) significantly broadens existing nonfinancial disclosure requirements currently covered by the Non-Financial Reporting Directive (NFRD). The CSRD will progressively apply to large public and private companies with activities in the EU. In-scope companies will have to publish annual sustainability reports with information on what they see as the risks and opportunities arising from social and environmental issues, and on the impact of their activities on people and the environment.
This Fact Sheet has been updated on January 22, 2024, following a recent legislative amendments adjusting the size criteria of in-scope companies.
View the fact sheet here.