Since 1 January 2024, the Corporate Sustainability Reporting Directive (CSRD) has been in force for companies that were already subject to the NFRD. From 2025, large companies without an NFRD obligation will also have to report, followed by SMEs in the coming years. Smaller entrepreneurs may be affected indirectly earlier, because large companies must map their entire supply chain according to this directive.

 

The CSRD goes beyond their own performance – companies must report on their entire value chain, including suppliers and partners. The directive focuses on three pillars:

 

Environment (E)

Transparency on CO₂ emissions, energy consumption, water use and waste management. Objective: reducing ecological impact.

 

Social (S)

Insights into human rights, working conditions, diversity and social impact. Objective: promoting responsible entrepreneurship and inclusion.

 

Governance (G)

Information on management, ethics and decision-making. Objective: ensuring good governance and integrity.

 

In short: The CSRD requires a broad, sustainable approach. Companies need to be transparent, take responsibility and think ahead.

 

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