Meeting the Corporate Sustainability Reporting Directive (CSRD)

The Corporate Sustainability Reporting Directive could affect your organisation from as early as 2024 if you meet two of three criteria outlined by the European Union. With our substantive knowledge and experience in corporate reporting, we can get you ready – with a 7-step guideline to make the process simple.
Book Free 30 minutes consultBook Free 30 minutes consult
Sustainable aspects of CSRD

What is the Corporate Sustainability Reporting Directive (CSRD)?

The Corporate Sustainability Reporting Directive (or CSRD) is a new European Union (EU) directive, which changes the way organisations must disclose and report information on environmental, social, and corporate governance (ESG) performance.

As a large company you will be required to complete the CSRD if you meet any two out of the following three criteria:

  1. Your turnover is higher than €50 million per year.
  2. You have a balance sheet total of more than €25 million.
  3. You have more than 250 employees (average over a year).

Organisations will need to report on risks and opportunities arising from social and environmental issues, and on the impact of their activities on people and the environment.

Unlike some previous reporting, the CSRD is a mandatory framework and is more extensive and highly specific in its disclosure requirements.

Organisations will be required to report on sustainability issues such as environmental impact, social impact, and human rights, as well as governance factors including employee matters, anti-corruption and anti-bribery matters.

Meet your CSRD Timelines

The CSRD is meant to improve transparency and comparability of sustainability reports among EU organisations and their value chain, enabling stakeholders to make informed decisions and drive sustainable investments towards organisations that prioritise ESG performance.

At Royal HaskoningDHV, we have been supporting businesses with non-financial corporate reporting and ESG strategies since their inception.

Together, we can help you overcome implementation and preparation challenges to report accurately against your CSRD standards and timelines:

  • 1st Jan 2025 for organisations already subject to the Non- Financial Reporting Directive for financial year 2024.
  • 1st Jan 2026 for large organisations (not subject to NFRD) for the financial year 2025.
  • Listed SMEs will report in 2027 on 2026 data.
  • 3rd country organisations (outside EU) with net turnover over €150M in the EU to report in 2029 on 2028 data.

Almost 50,000 organisations in Europe will directly be subject to CSRD and even more organisations will need to supply information on the environmental and social impact to their clients and suppliers.

Develop smarter long-term strategies in the process.

The information involved in CSRD reporting won’t be limited to your own operations. It will extend to direct and indirect business relationships across the value chain. This presents a new and challenging aspect of reporting, with greater reliance on input and information from parties you can’t control.

The CSRD also embraces ‘double materiality’ which requires that organisations report on how sustainability matters affect their business and performance. This is in addition to a mandatory assurance obligation for all reported sustainability information.

Whilst these new reporting requirements present challenges, we believe there are also opportunities to build smarter long-term strategies. While improving relationships and reputation across employees, clients, and stakeholders.


Book your free 30 minutes consultancy now

Let us be your CSRD partner. With all the expertise needed for reporting under one roof, we are here to help you with the right and timely preparation of your company’s sustainability reporting.
Contact us
Man looking at calendar to book csrd session

Experts in ESG management and strategy

Substantive knowledge on ESG topics

At Royal HaskoningDHV we have substantive knowledge on ESG topics like decarbonisation, climate change adaptation, pollution, water, biodiversity, circularity, and social topics. Enabling you to convert your CSRD-policies into concrete actions that contribute to your sustainability goals.

Multi-disciplinary experience in developing corporate statements and reporting
With all the expertise needed for reporting under one roof, we go beyond to add value by helping define your impact in the value chain on all ESRS topics. Giving you the insights needed to mitigate them.
A holistic approach to your sustainability strategy
As well as supporting steps towards a sustainable Europe, the CSRD is an opportunity to improve coherence and bring a holistic approach to your (sustainability) strategy and risk management. Bringing long-term benefits.
Your implementation experts
We understand your assets and value chains, which means we can help you with implementable actions, efficient data collection and realistic strategies.
Download our introductionDownload our introduction

Our 7-step method

Getting ready for the CSRD is a complex, multi-year undertaking. It is imperative that organisations assess the extent to which they are scoped in to the CSRD and begin their readiness efforts. 

Our simple, structured 7-step approach and together with our strategic ESG management services ensure qualitative and fully compliant non-financial reporting for your organisation.
Download our introductionDownload our introductionDownload our introduction
Lead with sustainability
Mirjam van der Velde - Strategic consultant Environment & Sustainablity

Mirjamvan der Velde

Strategic consultant Environment & Sustainablity