Prepare for CSRD Reporting Requirements 2025. Learn what your business must do to comply with new EU ESG disclosure rules.

NFRD: the CSRD's predecessor . First introduced in 2014 and revised in 2017, the Non-Financial Reporting Directive (NFRD) aims to increase the transparency and accountability of corporates on non- ...

This development comes a month after the European Parliament announced their adoption of the CSRD, which builds on the EU’s pre-existing Non-Financial Reporting Directive (NFRD), extending the ...

In short, the CSRD is a piece of EU legislation that establishes environmental, social and governance (ESG) reporting requirements for organizations. The aim is to expand upon and replace the ...

With the CSRD taking effect in 2024 and with the first reported disclosures awaited in 2025, European corporates reporting under the NFRD now have a basis to gather, analyse and report their ...

Recent changes to the CSRD requirements have reduced the coverage of the regulation. Now, only large companies—those with 1,000 or more employees and either a turnover exceeding EUR 50 million ...

CSRD mitigates the shortcomings of the existing standards, such as the Non-Financial Reporting Directive (NFRD), by expanding the scope to include more companies, improving the covered reporting ...

On 10 November 2022, the European Parliament voted overwhelmingly to pass the Corporate Sustainability Reporting Directive (CSRD)-a major ESG regulation that brings together financial data, ESG ...

For companies already subject to the existing NFRD, the CSRD will apply to reporting in 2025 for the financial year commencing January 2024. In short, the directive will apply from 1 January 2024.