Key changes to the CSRD, CS3D and Taxonomy
https://www.ey.com/en_be/technical/tax/tax-alerts/2025/eus-omnibus-proposal-key-changes-to-the-csrd-cs3d-and-taxonomy
The European Commission's omnibus proposal significantly modifies the CSRD and CS3D, including the harmonization and simplification of due diligence requirements
CSRD eu | permalink | 2025-03-26 10:41:36

Corporate sustainability reporting (CSRD)
https://finance.ec.europa.eu/capital-markets-union-and-financial-markets/company-reporting-and-auditing/company-reporting/corporate-sustainability-reporting_en
On 5 January 2023, the Corporate Sustainability Reporting Directive (CSRD) entered into force. It modernises and strengthens the rules concerning the social and environmental information that companies have to report. A broader set of large companies, as well as listed SMEs, will now be required to report on sustainability. Some non-EU companies will also have to report if they generate over EUR 150 million on the EU market.

The new rules will ensure that investors and other stakeholders have access to the information they need to assess the impact of companies on people and the environment and for investors to assess financial risks and opportunities arising from climate change and other sustainability issues. Finally, reporting costs will be reduced for companies over the medium to long term by harmonising the information to be provided.

The first companies will have to apply the new rules for the first time in the 2024 financial year, for reports published in 2025.
CSRD | permalink | 2024-03-14 14:36:38

Duurzaamheidsrapportage CSRD
https://www.kvk.nl/duurzaamheid/verplichte-duurzaamheidsrapportage-dit-betekent-het/


Welke invloed heeft je bedrijf op de wereld? Deze vraag moeten veel grote organisaties beantwoorden in een verplichte duurzaamheidsrapportage. Dat bepaalt de Corporate Sustainability Reporting Directive (CSRD), een nieuwe Europese richtlijn. In de rapportage presenteren bedrijven hoe duurzaam en maatschappelijk verantwoord ze ondernemen. Wat betekent de CSRD voor jou als ondernemer en hoe bereid je je voor op deze nieuwe regelgeving?
CSRD regulation | permalink | 2024-03-14 09:08:31

What is the Corporate Sustainability Reporting Directive (CSRD)?
https://www.ibm.com/topics/csrd
The goal of the CSRD is to provide transparency that will help investors, analysts, consumers, and other stakeholders better evaluate EU companies’ sustainability performance as well as the related business impacts and risks. Introduced as part of the European Commission’s Sustainable Finance Package, the CSRD notably expands the scope, sustainability disclosures and reporting requirements of its predecessor, the Non-Financial Reporting Directive (NFRD).

CSRD reporting is based on the concept of double materiality: Organizations have to disclose information on how their business activities affect the planet and its people, and how their sustainability goals, measures and risks impact the financial health of the business. For example, in addition to requiring an organization to report its energy usage and costs, CSRD requires them to report emissions metrics that detail how that energy use impacts the environment, targets for reducing that impact, and information on how achieving those targets will affect the organization’s finances.
CSRD eu regulation | permalink | 2024-02-28 14:41:55