The CSRD will maintain the requirement for limited assurance over non-financial reporting in companies' annual reports, ensuring continued third-party scrutiny and verification by external auditors.

The full proposal text can be read here. Workiva, Monday, November 14, 2022, Press release picture The vote was a landslide with 525 in favour, 60 against and 28 abstaining.

The original CSRD proposal by the Commission was published on April 21, 2021, and was open for debate in a consultation on this legislative process until July 14, 2021.

Allianz, Ircantec, KLP and Storebrand are among 194 signatories to a letter that describes the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive ...

As legal professionals, solicitors may be tasked with advising businesses on ESG. Advisers should take the opportunity to ...

Then followed the Corporate Sustainability Reporting Directive in 2023. The CSRD created requirements for businesses to report GHG emissions and other environmental, social, and governance actions.

While the EU announced in spring 2024 that non-EU companies can delay their CSRD compliance until 2026, ... • What is our approach to providing the third-party data assurance that CSRD requires?

WWF said by excluding over 80% of companies from the CSRD instead of introducing a scaled reporting system, the Commission’s proposal will create data gaps, add business burdens, and limit ...

The proposals would: - Change the rules to exclude around 182,000 the 200,000 importers currently covered, on the grounds that they produce only 1% of emissions in the scheme.

On February 26, 2025, the European Commission launched a game-changing plan to boost EU competitiveness, simplify regulations, and fuel economic growth with its CSRD Omnibus. With over €100 ...