CSRD and corporate sustainability: a comprehensive overview

With our Sustainability Excellence team, we help businesses navigate the Corporate Sustainability Reporting Directive (CSRD).

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How Möbius can help you with your CSRD reporting

The Corporate Sustainability Reporting Directive (CSRD) requires large companies in the EU to publicly disclose transparent information on their environmental, social and governance (ESG) activities. Our end-to-end sustainability services are designed to assist companies in understanding disclosure requirements and developing a sound sustainability strategy that adds value and promotes transparency.

Our service offering

We work closely with our clients to identify the most important ESG topics for their business. From there, we assist them in developing the policies and actions needed to turn the strategy into practical implementation. Our team of experts also offers advice on governance structures and efficientdata flows. This ensures that information is gathered in a structured manner, which meets disclosure requirements. Let us help your organisation navigate the ever-changing sustainability landscape with confidence and drivepositive impact for your stakeholders.

The CSRD applies to:

Large companies with more than 1000 employees and a €450 million turnover.*
Non-EU companies with a net turnover of more than €450 million in the EU, provided they have at least one subsidiary or branch in the EU with a turnover of more than €200 million in the EU.*

* The scope of the CSRD has been adjusted by means of the Omnibus simplification package. Previously, all large companies and all listed companies in the EU would be subject to the CSRD, as well as non-EU companies with a net turnover of more than €150 million in the EU.

CSRD obligations

Under the CSRD, a company will need to include in a dedicated section of its annual report (not in separate sustainability reports) the information necessary to understand the company’s impacts on sustainability matters as well as how sustainability matters affect the company’s own development, performance and position.

The information that a company is required to provide must include information about the company’s own operations and about its value chain.

Companies under scope will need to seek limited assurance of the sustainability information disclosed.

Reporting obligations and ESRS

Under the CSRD, companies must comply with the European Sustainability Reporting Standards (ESRS), which ensure uniform and comparable reporting. Thesestandards contain general sector-independent and sector-specific guidelines. The current standards are sector-independent, but will eventually besupplemented with sector-specific guidelines.

EFRAG has drawn up simplified ESRSstandards, which will be formally approved in the course of 2026. Theoriginal ESRS standards will still apply for reporting on the 2025 financialyear.

Startin with CSRD compliance

For companies that were already covered by the NFRD, the obligation began on 1 January 2024.

Originally, all other large companies wererequired to comply with the CSRD from the 2025 financial year onwards. In May 2025, Europe approved the Stop-the-Clock directive, giving companies that were not yet reporting in line with the CSRD a two-year postponement.

A first essential step is to implement a doublemateriality analysis to determine which ESG themes are material to the company. Next, a CSRD gap analysis is recommended to assess the current state ofpreparedness and identify where further adjustments are needed.

When must companies comply?

2025

Companies subject to NFRD*:

Reporting in 2025
(covering FY 2024)

*listed companies and bank and insurance companies meeting certain thresholds

2028

All EU companies subject to the CSRD:

Reporting in 2028*
(covering FY 2027)

*following simplified standards, for which standards are still being drafted

2029

Third country undertakings:

Reporting in 2029
(covering FY 2028)

Our experts in Sustainability Reporting

Thomas De Romagnoli

Mathias Fahy

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Are you prepared for the CSRD?

Learn how our Sustainability & Circular Economy experts can help you prepare your organisation for CSRD-compliant reporting or help you tackle your sustainability challenges.

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Frequently Asked Questions

What is CSRD and what does it stand for?

The Corporate Sustainability Reporting Directive (CSRD) is a European Union policy measure that requires companies to provide transparency on sustainability issues. The CSRD focuses on environmental, social and governance issues, better known as ESG issues. The directive requires companies to include information about their own activities and value chain that is necessary to understand the company's impact on sustainability issues and how these issues affect the company's development, performance and position. This information must be included in a specific section of their annual report. Companies subject to the CSRD must also strive for a certain level of assurance of the sustainability information disclosed.

What companies are subject to the CSRD?

Following approval of the Omnibus simplification package, the CSRD will apply to large companies with more than 1,000 employees and €450 million in turnover. Companies from countries outside the EU that have a net turnover of more than €450 million in the EU and have at least one subsidiary or branch in the EU with a turnover of more than €200 million in the EU are also subject to the CSRD.

How many companies are subject to the CSRD?

How many companies are subject to the CSRD? Originally, around 50,000 companies in the EU would have subject to the CSRD. Following the revision of the scope within the Omnibus simplification package, that number has been reduced by at least 80%.

What is ESG and CSRD?

Originally, around 50,000 companies in the EU would have subject to the CSRD. Following the revision of the scope within the Omnibus simplification package, that number has been reduced by at least 80%.Wat is ESG and CSRD?ESG stands for Environmental, Social, and Governance. In the context of the CSRD, ESG refers to the topics that companies must report on under this regulation. The CSRD requires companies to disclose transparent information on ESG topics. This includes information on the impact of the company's own activities on these topics and how these topics in turn influence the company's development, performance and position.