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ActiveInternational Standardupdate Standard Updated: January 2024fact_check Fact checked: Jun 28, 2026

CSRD

Corporate Sustainability Reporting Directive — Directive (EU) 2022/2464

apartmentPublishing Organization:European Financial Reporting Advisory Group (EFRAG)

European Union European Economic Area Finance & Banking Manufacturing Energy Technology Retail Services Construction

Standard Introduction

CSRD is an active standard published by European Financial Reporting Advisory Group (EFRAG). It is commonly used across Finance & Banking, Manufacturing, Energy, Technology, Retail, Services, Construction and applies in European Union, European Economic Area.

Use this page to review the official documentation, current status, and the certification or assessment bodies most commonly associated with CSRD.

Implementation Roadmap

Phase 1schedule Duration: 3-6 weeks

Define EU corporate sustainability reporting scope

Identify the products, services, systems, entities, jurisdictions, teams, vendors, and stakeholders covered by CSRD. Confirm owners, boundaries, applicable obligations, documentation, and evidence expectations for reporting scope, double materiality, ESRS disclosures, value-chain information, governance, strategy, impacts, risks, opportunities, policies, actions, targets, metrics, digital tagging, and assurance.

Phase 2schedule Duration: 4-10 weeks

Assess obligations and gaps

Compare current practices with the expected EU corporate sustainability reporting approach. Review entity scoping, materiality assessment, data owner assignment, value-chain data collection, internal controls over sustainability information, ESRS mapping, management review, audit trail, XBRL tagging, and assurance coordination, then prioritize gaps by legal exposure, financial reporting impact, security or privacy impact, customer commitments, operational dependency, and audit readiness.

Phase 3schedule Duration: 8-24 weeks

Implement controls and evidence

Deploy required procedures, technical controls, review gates, training, supplier workflows, reporting paths, and operational records. Maintain scoping memos, double-materiality files, stakeholder engagement records, ESRS disclosure maps, data-control evidence, source data, methodology notes, management approvals, assurance requests, and final sustainability statements as traceable evidence.

Phase 4schedule Duration: Ongoing

Review, report, and improve

Run management reviews, internal checks, independent assessments where applicable, corrective actions, and change reviews. Refresh the program when products, vendors, laws, incidents, assurance expectations, or stakeholder needs change.

Compliance Checklist

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Frequently Asked Questions

Who needs CSRD?

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CSRD is most relevant to EU large undertakings, listed companies, certain SMEs, and non-EU groups meeting EU activity thresholds. The exact scope depends on products, services, jurisdictions, customer commitments, assurance requirements, and the organization's role in the relevant ecosystem.

Is CSRD certifiable?

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CSRD is a legal reporting regime, not a certification. It requires sustainability reporting under ESRS with phased assurance requirements and national transposition details.

What should implementation focus on first?

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Start by defining scope, obligations, accountable owners, and the evidence expected by regulators, auditors, customers, or governance bodies. Then perform a gap assessment against current controls and prioritize remediation by risk and deadline.

What evidence is useful for CSRD?

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Useful evidence includes scoping memos, double-materiality files, stakeholder engagement records, ESRS disclosure maps, data-control evidence, source data, methodology notes, management approvals, assurance requests, and final sustainability statements. Evidence should be version-controlled, attributable to owners, linked to obligations and controls, and retained for the required review or audit period.

How often should the program be reviewed?

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Review it at planned intervals and whenever laws, products, vendors, incidents, customer commitments, reporting cycles, or assurance expectations change. Higher-risk obligations should have more frequent monitoring and management reporting.