CSRD comes into force on January 5, 2023

Sustainability reporting directive published in the EU Official Journal on December 16, 2022

The framework for future sustainability reporting for companies in Europe is in place: On December 16, Directive (EU) 2022/2464 of the European Parliament and of the Council, the so-called Corporate Sustainability Reporting Directive (CSRD) was published in the Official Journal of the European Union. It will enter into force on the twentieth day after its publication, i.e. on January 5, 2023. This completes the legislative process for mandatory and staggered sustainability reporting from January 1, 2025.