EU Corporate Sustainability Reporting Directive

Lack of standardized sustainability reporting led to corporate transparency issues in the EU.

Key Obligations

Double materiality assessment, ESRS-aligned sustainability reporting, third-party assurance

Penalty Ranges

National penalties apply; reputational and market access risk

Mandatory Deadline: 2025-01-01

Affected HS Codes: All sectors for in-scope companies

Issuing Authority: European Commission / EFRAG