This page has been automatically translated. Please refer to the page in French if needed.
Environment
Applicable since 1 January 2024, what is the CSRD?
Publié le 05 janvier 2024 - Mise à jour le 19 avril 2024 - Directorate for Legal and Administrative Information (Prime Minister)
Applicable since 1er January 2024, the European Corporate Sustainability Reporting Directive (CSRD) sets new standards and extra-financial reporting requirements. It concerns large companies and listed SMEs.
The objectives of the CSRD
The aim of this directive is to promote the sustainable development of companies and to identify those which are disciplined in this area. The information gathered will enable a better assessment of the impact of the company and its activity on the environment.
It follows on from the 2014 Non-Financial Reporting Directive and aims to harmonize the non-financial reporting of European companies.
What information should be provided?
Extra-financial reporting is about data ESG (Environmental, Social and Governance) company. These are:
- environmental factors: climate change mitigation and adaptation, biodiversity, resource use...;
- social factors: equal opportunities, working conditions and respect for human rights and fundamental freedoms...;
- governance factors: role of administrative bodies, lobbying activities, management of relations with trading partners...
The information provided by the company must be certified by an auditor or by an accredited independent third-party body.
Please note
The indicators mentioned in the CSRD will soon be included in the CSR Portal.
Progressive application
The application of the European CSRD Directive is carried out in three stages according to the companies concerned:
Entry into force of the CSRD | First reporting | Companies concerned |
|---|---|---|
1er january 2024 | 2025 (for 2024) | Companies already subject to the non-financial disclosure directive in force since 2018. Companies that meet two of the following criteria: more than 500 employees, more than €50 million in turnover, more than €25 million in balance sheet total |
1er january 2025 | 2026 (for 2025) | Companies meeting two of the following criteria: more than 250 employees, more than €50 million in turnover, more than €25 million in balance sheet total |
1er january 2026 | 2027 (for 2026) | Listed SMEs (except micro-companies: companies with less than 10 employees whose balance sheet total does not exceed €450 000 or whose net turnover does not exceed €900 000) |