name: Corporate Sustainability Reporting Directive kind: regulation jurisdiction: European Union slug: csrd title: Corporate Sustainability Reporting Directive (CSRD) description: Directive (EU) 2022/2464 requires a large population of companies operating in the EU to report sustainability information under the European Sustainability Reporting Standards, covering climate, pollution, water, biodiversity, resource use, workforce, communities, consumers and governance. It is the most consequential sustainability regulation in force — it mandates assurance, it applies double materiality, and crucially it requires the sustainability statement to be tagged in machine-readable XBRL, which makes it the first climate regime to compel a structured data format rather than a document. tags:
- Climate
- Sustainability
- ESG
- Disclosure
- Reporting
- European Union
- Regulation common:
- type: Website url: https://finance.ec.europa.eu/capital-markets-union-and-financial-markets/company-reporting-and-auditing/company-reporting/corporate-sustainability-reporting_en
- type: Specification url: https://www.efrag.org/en/sustainability-reporting
- type: Wikipedia url: https://en.wikipedia.org/wiki/Corporate_Sustainability_Reporting_Directive url: https://finance.ec.europa.eu/capital-markets-union-and-financial-markets/company-reporting-and-auditing/company-reporting/corporate-sustainability-reporting_en yearCreated: 2022 alternativeNames:
- CSRD
- ESRS
- European Sustainability Reporting Standards
