CSRD Reporting
Automated & Assurance-ready Corporate Sustainability Reporting Directive
(CSRD) solutions that ensure compliance and strategic advantage.
What is CSRD?
The Corporate Sustainability Reporting Directive (CSRD) is an EU legislation that significantly enhances and expands sustainability reporting requirements. It replaces the Non-Financial Reporting Directive (NFRD) with more detailed reporting requirements and a broader scope of companies required to report.
CSRD introduces the European Sustainability Reporting Standards (ESRS), which provide specific reporting metrics and disclosures. It also introduces mandatory assurance of sustainability information, a key step in ensuring reliability and comparability of reported data.
CSRD Overview
Full Name
Corporate Sustainability Reporting Directive
Objective
To make sustainability reporting standardized and mandatory for a wide range of companies operating in the EU.
Scope
EU companies, listed SMEs, and non-EU companies with significant EU operations.
Implementation
Gradually phased in between 2024-2028 depending on company size, listing status, and EU presence.
European Sustainability Reporting Standards (ESRS)
General
- ESRS 1: General Requirements
- ESRS 2: General Disclosures
Environmental
- E1: Climate change
- E2: Pollution
- E3: Water and marine resources
- E4: Biodiversity
- E5: Resource use and circular economy
Social
- S1: Own workforce
- S2: Workers in the value chain
- S3: Affected communities
- S4: Consumers and end-users
Governance
- G1: Business conduct
Key CSRD Requirements
Understanding the fundamental aspects that differentiate CSRD from previous reporting frameworks
Double Materiality
Companies must report on both how sustainability issues affect their business and how their activities impact people and the environment.
Value Chain Assessment
Reporting requirements extend to impacts throughout the enTyre value chain, not just direct operations.
Forward-Looking Information
Companies must disclose sustainability strategies, targets, transition plans, and compatibility with Paris Agreement goals.
Mandatory Assurance
All reported sustainability information will require limited assurance, with the potential for reasonable assurance in the future.
Digital Tagging
Information must be digitally tagged to enable searchability and comparability in the European Single Access Point.
Our CSRD Reporting Services
Comprehensive support for CSRD compliance and strategic reporting
CSRD Gap Analysis
Comprehensive assessment of your current reporting practices against CSRD requirements.
Double Materiality Assessment
Evaluation of both impacts on sustainability matters and financial implications.
ESRS Implementation
Structured implementation of European Sustainability Reporting Standards.
Data Management Systems
Development of robust systems for collecting and managing CSRD data.
CSRD Report Development
Creation of comprehensive, assurance-ready CSRD reports.
Assurance Preparation
Support in preparing for mandatory limited assurance of sustainability information.
Benefits of CSRD Compliance
Strategic advantages beyond regulatory compliance
- Regulatory compliance with EU sustainability requirements
- Enhanced access to sustainable finance and investment
- Improved identification and management of sustainability risks
- Strengthened stakeholder trust and transparency
- Better decision-making through sustainability integration
- Competitive advantage in a sustainability-focused market