Who created the CSRD and what is its status?

In April 2021 the European Commission presented a proposal for a European directive, the Corporate Sustainability Reporting Directive (CSRD). The CSRD was adopted on 10 November 2022 by the European Parliament. Following the approval by the European Council, the CSRD was published in the Official Journal on 14th of December. On the 5th of January 2023, the CSRD entered into force.

On the 5th of January 2023, the so-called implementation period for EU member states started. This means that national legislators have 18 months to transpose the CSRD into national law. The Netherlands has missed the implementation deadline. It is not yet known when the CSRD will be transposed into Dutch law.

On 29 January 2025, the European Commission published the Competitiveness Compass. In this Compass, the Commission outlines, among other things, five enablers for competitiveness. One of these enablers is ‘simplification,’ which aims to reduce regulatory and administrative burdens for businesses. Following the publication of the Compass, the Commission published the omnibus proposal on 26 February 2025, which includes proposals to amend certain aspects of the CSRD, the Corporate Sustainability Due Diligence Directive (CSDDD) and the EU Taxonomy. The omnibus proposal has now been submitted to the European Parliament and the Council for their consideration and approval. See question 10.2 "What does the European Commission's omnibus proposal entail and what changes to the CSRD are being proposed?” for more information.

More information:

Reference is made to question 'How will the CSRD be implemented in Dutch law?'.

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. For technical questions, EFRAG has set up an ESRS Q&A platform (latest release of technical explanations: December 2024). Here you can submit a question, and also find answers to previously asked questions.

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