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New EU Sustainability Reporting Rules: How Impacted …
WebThe CSRD enters into force on the twentieth day following its publication in the Official Journal of the European Union; 2024 - Qualifying large businesses will need to disclose a CSRD report according to a first set of sustainability reporting standards for their 2024 financial year. All EU Member States needs to comply with the CSRD by July 6 ... WebMar 1, 2024 · In November 2024, the European Parliament and the European Council have adopted the Corporate Sustainability Reporting Directive (CSRD), which will replace the non-financial reporting directive (NFRD). From reporting year 2024 onward, the first EU-based companies must comply with enhanced non-financial reporting obligations. WebNov 22, 2024 · CSRD will then be phased-in starting in 2024: From 1 January 2024 for large public-interest companies (with over 500 employees) already subject to the non-financial reporting directive, with ... higgs machine