Who is obliged to report under the CSRD?

The CSRD applies to large public-interest entities for financial years starting on or after 1 January 2024.

Public-interest entities (PIEs) are, amongst others, undertakings listed on an EU/EEA regulated market, banks and insurance undertakings. A large public-interest entity has (on average during the financial year) more than 500 employees and either a balance sheet total of more than €25 million and/or a net turnover of more than €50 million.

From financial 2027 the CSRD applies to:

EU undertakings with more than 1,000 employees and an annual net turnover exceeding €450 million.

From financial year 2028 the CSRD applies to:

Non-EU undertakings, provided that the parent company has generated a net turnover exceeding €450 million for two consecutive financial years and the subsidiary or branch in the EU has a net turnover exceeding €200 million.

For more information on the scope of the CSRD, please see: Toepassingsgebied CSRD - RJNet (only in Dutch).

Undertakings that fall outside the scope of the CSRD may still expect some impact from the CSRD.

More information:

Reference is made to question 'What is the impact of the CSRD on undertakings that are not required to report?'.

Questions CSRD & ESRS

Do you have questions about the CSRD, ESRS or are you missing a question in this list? Send us an e-mail and we will contact you as soon as possible.

Questions regarding individual facts or circumstances will not be answered through these channels. For such questions, we recommend that you contact an advisor such as your company accountant.

Disclaimer

The SER and the DASB have put this questions and answers document together based on publicly available information at the time of publication. Although these questions have been answered with the utmost care, users of this document cannot be given any guarantees relating to the accuracy, topicality and completeness of the information displayed. The SER, the DASB and other parties related to this document cannot be held liable for the consequences of the use of the information from this document. This document does not represent the view of (EFRAG) or the European Commission, nor the SER or DASB.

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