Have you heard about CSRD? The Sustainability Shift Every Business Should Know.
Change is here. Starting in 2024, the Corporate Sustainability Reporting Directive (CSRD) will redefine how companies share their environmental and social impact. Whether you’re directly affected or work with EU businesses, understanding these rules is no longer optional—it’s essential.
What Is the CSRD?
The CSRD is the EU’s updated framework for sustainability reporting. It expands on earlier rules, requiring more detailed disclosures about environmental, social, and governance (ESG) performance. The goal? Greater transparency, accountability, and alignment with global sustainability efforts.
Who Needs to Comply—and When?
2024 (for 2025 reporting): Large public-interest companies (500+ employees) already following NFRD rules.
2025 (for 2026 reporting): All large EU companies (250+ employees, €50M+ turnover, or €25M+ in assets).
2026 (for 2027 reporting): Listed SMEs (10-250 employees), with some flexibility to opt out until 2028.
2028: Non-EU companies meeting certain EU activity thresholds.
Why This Matters
Compliance is mandatory: Ignoring these rules risks fines and reputational damage.
Investors and customers care: Strong ESG reporting builds trust and opens doors.
Your entire value chain is involved: Even if your business isn’t directly covered, your partners might be.
How shareclub Can Help
Navigating the CSRD doesn’t have to be overwhelming. At shareclub, we specialize in making sustainability reporting clear, actionable, and aligned with your business goals.
Ready to prepare for the CSRD? Contact us today.
For a deeper dive, watch this concise breakdown from Forvis Mazars in Ireland:
Sustainability Reporting Under CSRD (YouTube Video: https://www.youtube.com/watch?v=AMoxzF9ZCkw
