The EU’s Corporate Sustainability Reporting Directive

The EU’s Corporate Sustainability Reporting Directive (CSRD) streamlines and strengthens the rules concerning the environmental and social information that companies have to publish. The law does not apply directly: EU Member States have to incorporate the CSRD’s provisions into national law. The Directive entered into force in January 2023, however, implementation in EU member states starts 18 months later in July 2024. Overall, it is estimated that 50.000 companies will be covered by the CSRD.