While the EU announced in spring 2024 that non-EU companies can delay their CSRD compliance until 2026, this extension should not be mistaken for leniency.

Determining the Scope of the CSRD. Companies operating in the EU are now evaluating whether the CSRD applies to their group companies and, if so, when reporting will be required.

The CSRD requires all companies to have their report audited. All firms in our sample applied a limited assurance opinion, as required. The majority of those were based on ISAE 3000 standards.

Beginning on January 1, 2025, many large companies will be required to report to the EU’s CSRD based on the 2024 financial year. With that in mind, we leveraged Nasdaq’s AI-powered research ...

Download the Workiva Research Report: CSRD Year One in Review. This exclusive research paper from Workiva uncovers how Wave 1 companies addressed the Corporate Sustainability Reporting Directive (CSRD ...

COSTS. CSRD compliance is also expected to carry a substantial financial burden, particularly in the initial years, with 51% of respondents anticipating annual costs exceeding €100,000.

ARTICLEEU Omnibus and the CSRD– Ten burning questions onthe Commission’sproposalsREAD TIME12 minsPUBLISHED DATEMar 7 2025The European Commission formally adopted its proposals foramending the ...

Narrowed scope: An updated threshold reduces the number of companies captured by CSRD by approximately 80 per cent. Postponed reporting: The omnibus proposes postponing the application for all ...

France last month asked the EU to delay indefinitely its due diligence rules and to delay by two years the CSRD. Reporting by Kate Abnett Editing by Alexandra Hudson Our Standards: The Thomson ...

Into the nuts-and-bolts of compliance: learn about the different types of tools and solutions that can help you comply with CSRD, from in-house reporting to ESG platforms and carbon accounting ...

CSRD and CSDDD apply not only to large businesses with headquarters or operations in the EU, but also those with significant sales within EU markets. MEPs had first voted on the delays on Tuesday (1 ...

"Choc de simplification" pour la CSRD. Le commissaire européen a ainsi confirmé que la législation omnibus constituerait un véritable "choc de simplification", qui toucherait notamment aux diverses ...