• Sustainability

What is the CSRD?

The CSRD (Corporate Sustainability Reporting Directive) is a European Directive that requires certain undertakings to report on sustainability in a sustainability report. This sustainability report is part of the management report. The sustainability report must be reviewed by an external auditor. The CSRD describes what information the sustainability report must contain. The undertaking should address in the report:

  • the undertaking's impact on people and the environment.
  • the role of sustainability in the governance of the undertaking.
  • the financial sustainability risks and opportunities of the undertaking for the short (1 year), medium (5 years) and long term (>5 years). The undertaking pays attention to both actual and potential future impacts, risks and opportunities.
  • how sustainability is part of the business strategy, policies and risk management processes, and what the undertaking aims to achieve in terms of sustainability.

The first undertakings report in line with the CSRD as of the 2024 financial year.

More information:

  • Reference is made to questions under 'Scope - to whom does the CSRD apply?'.

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.

It is not permitted to copy or distribute the included information or individual elements (including images) without explicit permission, if this may cause confusion about the origin of the material.

Sustainability