Environmental, Social & Governance (ESG) : EU Legislation

Corporate Sustainability Reporting Directive (CSRD)

Directive (EU) 2022/2464 of the European Parliament and of the Council of 14 December 2022

(amending Regulation (EU) No 537/2014, Directive 2004/109/EC, Directive 2006/43/EC and Directive 2013/34/EU, as regards corporate sustainability reporting)

• Entered into force 5 January 2023
• Due to be transposed by member states by 6 July 2024
• Reporting requirements
• Mandatory European Sustainability Reporting Standards (ESRS)

Non-Financial Reporting Directive (NFRD)

Directive 2014/95/EU of the European Parliament and of the Council of 22 October 2014

(amending Directive 2013/34/EU as regards disclosure of non-financial and diversity information by certain large undertakings and groups Text with EEA relevance)

Accounting Directive

Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings

(amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC Text with EEA relevance)