Corporate Sustainability Reporting Directive (CSRD) 2022/2464

EU lacked consistent sustainability reporting, risking environmental accountability.

Key Obligations

["Report under European Sustainability Reporting Standards (ESRS)", "Double materiality assessment", "Limited assurance by auditor (reasonable assurance from 2028)", "Machine-readable XBRL tagging"]

Penalty Ranges

{"note": "Member state penalties; reputational and regulatory risk"}

Mandatory Deadline: 2025-01-01

Affected HS Codes: []

Issuing Authority: European Commission / EFRAG