CSRD · Corporate Sustainability Reporting Directive
ESRS reporting + double materiality + limited assurance. On 24 Feb 2026, the Council gave final approval to Omnibus simplification: EU companies are generally in scope only when they exceed both 1,000 employees and €450 million net annual turnover.
Industries: EU large companies + suppliers
- 2024 财年Former NFRD first wave begins CSRD reporting
- 2025.04“Stop-the-clock” directive delays waves two and three by two years
- 2026.02.24★Council gives final approval to Omnibus: scope narrows to >1,000 employees and >€450M net turnover
- 后续转置Member states transpose the amendment; companies must confirm the first reporting year under local law
AMT: ESG Mgmt · Org Carbon · Carbon Asset
Overview
- Full name
- Corporate Sustainability Reporting Directive (CSRD) (EU) 2022/2464 + 12 ESRS standards
- Authority
- European Commission + EFRAG + member states
- Effective
- Apr 2025 delay for waves two and three / Omnibus finally approved 24 Feb 2026 / member-state transposition follows
- Scope
- EU companies: >1,000 employees and >€450M net annual turnover; non-EU companies: >€450M net annual EU turnover plus the relevant EU-presence conditions
- Mechanism
- 12 ESRS standards + double materiality + third-party assurance + XHTML digital tagging
CSRD is built around double materiality: how sustainability matters affect the company financially and how the company affects people and the environment. Reporting follows ESRS and is subject to limited assurance. The 2025–2026 Omnibus reforms substantially narrowed direct scope and delayed reporting for waves two and three. The final amendment also removed the mandatory move from limited to reasonable assurance and limits value-chain information requests. A Chinese group’s direct scope must be tested against the revised thresholds and EU-presence conditions. Suppliers may still receive proportionate information requests from EU customers, but the former >500 employee and >€150M page thresholds are obsolete.
Timeline
From entry into force to key milestones — every compliance checkpoint.
- 2024 财年Former NFRD first wave begins CSRD reporting
- 2025.04“Stop-the-clock” directive delays waves two and three by two years
- 2026.02.24Council gives final approval to Omnibus: scope narrows to >1,000 employees and >€450M net turnover
- 后续转置Member states transpose the amendment; companies must confirm the first reporting year under local law
Who must comply
Self-check across industry, scale and export scope.
Generally exceeds both 1,000 employees and €450 million net annual turnover.
No longer brought into the revised CSRD scope solely by listed-SME status.
More than €450 million net annual EU turnover plus the EU-presence conditions in the amended directive.
Key requirements
Meet these core requirements to comply and access the market.
12 ESRS standards: 2 cross-cutting + 5 environmental + 4 social + 1 governance.
Double materiality: assess topics from both financial and impact materiality.
Value chain: disclosure must cover upstream suppliers, downstream use and end-of-life.
Third-party assurance: limited assurance remains; the final 2026 Omnibus amendment removes the mandatory transition to reasonable assurance.
Digital format: submit in XHTML with ESEF digital tags for machine readability.
AMT product mapping
Precisely matched from the 13-product matrix to cover this regulation end to end.
Cross-department, cross-value-chain ESG data foundation.
View productEmissions accounting for the E1 Climate Change standard.
View product12-ESRS mapping + double-materiality matrix.
View productValue-chain sustainability data collection.
View productCSRD assurance evidence chain & collaboration.
View productResources & official docs
FAQ
We’re a Chinese company not listed in the EU — does CSRD apply?
Direct scope requires checking whether the group exceeds €450 million net EU turnover and meets the EU-presence conditions. Supplying an EU customer does not by itself make the supplier a CSRD reporting entity, though proportionate value-chain data requests may still follow.
What exactly does “double materiality” assess?
It assesses both how sustainability topics affect company finances (financial materiality) and how operations affect environment and society (impact materiality); a topic material on either lens must be disclosed.
How do CSRD, Organizational Carbon and the ESG product fit together?
Organizational Carbon produces E1 climate data, the ESG product handles the 12-ESRS mapping and double-materiality matrix, the Data Platform unifies the base, and Third-Party Assurance handles attestation.