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

The European Commission and the Council of the EU both proposed to keep CSRD reporting subject to limited assurance only and to cancel the transition to reasonable assurance. [View source.] ...

Importantly, the CSRD will also impact non-EU companies with EU-based subsidiaries, or with securities on EU-regulated markets, which have a net turnover of over €150m within the EU. Because the CSRD ...

The first omnibus package (Omnibus I) would have a significant impact on the CSRD if adopted in its current form. The proposed changes to the Directive can be summarised as follows: Reduction of ...

Audit and assurance: The proposal removes the possibility for the EC to introduce stricter requirements under reasonable assurance.

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.

Improvements could be expected as reporting experience grows, but the sustainability Omnibus adds uncertainty to this messy start.

The International Auditing and Assurance Standards Board is preparing for the adoption of its International Standard on Sustainability Assurance 5000 early next year.

Reporting to the CSRD isn’t just about ticking boxes—it’s a chance for companies to lead in sustainability and demonstrate accountability to investors, customers and regulators.

CSRD reporting will continue to be subject to limited assurance, and the Omnibus Package does not introduce any further delays beyond the two-year general stop-the-clock extension.

The CSRD introduces mandatory assurance of sustainability information. This requires limited assurance from the date of initial reporting, with the ambition of moving to reasonable assurance for ...

Engage an assurance provider As a US company, your disclosures will be subject to reasonable assurance right off the bat. If you don’t have an assurance provider, engage one now to get their advice ...