CSRD (Corporate Sustainability Reporting Directive)

CSRD (Corporate Sustainability Reporting Directive)

ERM partners with clients to provide end-to-end support on CSRD, from initial assessments through to implementation and reporting. Our accelerated solutions provide a strong foundation for compliance and value creation along the CSRD journey.

CSRD creates a new era in sustainability reporting

The Corporate Sustainability Reporting Directive, also widely known as the CSRD, is one of the most ground-breaking requirements for corporates operating in the EU.

A robust sustainability reporting ecosystem helps leaders measure progress against their ESG goals. By demonstrating a strong commitment to sustainability, organizations can attract capital and drive value while addressing societal challenges.

Sustainability data is multi-layered and complex, involving numerous granular environmental and social metrics. Organizations need to find efficient ways to manage and report this data accurately to comply.

Ensuring transparency and consistency across the supply and value chain is crucial as the demand for sustainability data from stakeholders and partners increases.

Strengthen CSRD compliance, sustainability transformation, and competitive advantage by harnessing ERM's expertise and digital solutions to manage complex sustainability data.

Leverage deep technical expertise

ERM’s environment and social experts have a deep technical understanding of CSRD’s current requirements. This specialized expertise helps you organize and manage your sustainability data better, which is crucial to align with requirements.

Strengthen and simplify compliance

ERM helps organizations implement policies, management systems, internal control frameworks, and audit programs to achieve compliance with CSRD and other regulations, minimizing the risk of legal and reputational repercussions.

Increase efficiency and accuracy with ERM Assess

Our digital tool saves time by using advanced analytics to automatically identify gaps in compliance. ERM Assess enables real-time readiness mapping for disclosure requirements and double materiality.

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Maximize value creation

ERM offers holistic solutions that go beyond mere compliance. We help clients use CSRD data to drive sustainability transformation, commercial growth and competitive advantage.

What companies fall in scope of the CSRD? Hide

CSRD is the new standard for sustainability reporting for companies domiciled or operating in the EU. Any EU company that meets at least two of the requirements must comply:

  • More than 250 employees
  • Turnover of more than €50 million
  • Balance sheet of more than €25 million

The scope will be extended to companies with the following requirements at a later date:

  • Listed small and medium companies
  • Non-EU based companies generating more than €150 million in revenues within the EU and at least one subsidiary or branch in the EU

CSRD Timeline Hide

Since the publication of the CSRD proposal by the EU Commission, a lot has happened. The timeline below shows the steps that have already been taken, and what steps you can expect in the future. The EU Commission has developed the CSRD and requested the EFRAG to create the ESRS (European Sustainability Reporting Standards). Currently, the final Directive and first set of standards are readily available, so you can align your company’s sustainability report with the directive.

ERM Assess

Accelerate CSRD readiness and simplify compliance preparations through ERM’s digital platform and support from experts.

 
Webinar

CSRD Implementation Masterclass

Join us for this comprehensive webinar designed to equip teams with the knowledge and tools needed to implement CSRD programs efficiently.

This session focuses on providing real examples and practical tips to help your organization navigate the complexities with ease and effectiveness.

Achieve better value creation with ERM’s CSRD services

Strategic advisory and readiness assessments

Workshops to understand the framework and relevance

Double materiality analysis for insights

Gap assessments using ERM Assess

Digital readiness assessments

Guiding operationalization of CSRD implementation

Closing strategy, program, processes and internal controls, and governance gaps

Ensuring robust reporting with digital tagging

Outcomes

Achieve regulatory compliance

Boost commercial advantage

Manage supply chain risks

Build more sustainable business models

Our partnerships

ERM has an ever-expanding ecosystem of partners across each key area of the sustainability value chain, enabling us to meet our clients’ evolving needs and scale our impact.

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How to apply the EU CSRD

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Our experience and insights are cross-industry and on a global scale

1,200 data points

captured by ERM Assess to support CSRD compliance preparations

8,000+ Consultants

with extensive expertise  

50 years’

experience of delivering ESG solutions 

Contact us

Get in touch with our experts to discover how our experienced teams across the world can meet your sustainability and environmental needs.

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