CSRD (Corporate Sustainability Reporting Directive)
EU directive that requires large companies to publish standardized sustainability reports under the ESRS.
The Corporate Sustainability Reporting Directive (CSRD) is a European Union directive that requires companies to publish detailed information on environmental, social and governance topics. It replaces and significantly expands the earlier Non-Financial Reporting Directive (NFRD).
Reporting is done under the European Sustainability Reporting Standards (ESRS) and must be externally assured (limited assurance). Content includes Scope 1, 2 and 3 greenhouse gas emissions, climate risks, value chain, workforce and governance.
The EU Commission's Omnibus 2026 package significantly narrowed the CSRD scope: many mid-sized companies are now out of scope or benefit from simplified requirements.