CSRD: EU Sustainability Reporting Requirements
If you think the CSRD is just an expanded version of the old NFRD, you're in for a shock. The Corporate Sustainability Reporting Directive (2022/2464) doesn't just expand the scope from 11,000 companies to 50,000 — it fundamentally changes what reporting means. 1,100+ datapoints. Double materiality. Limited assurance. iXBRL tagging. And for the first time, your sustainability data needs to stand up to external scrutiny.
The European Sustainability Reporting Standards (ESRS) are the rulebook, and they cover environmental, social, and governance topics in granular detail. If you already report under GRI or SASB, there's overlap — but the bar is significantly higher.