Corporate Sustainability Reporting Directive (CSRD)
The Corporate Sustainability Reporting Directive (CSRD) is a pivotal EU regulation enhancing sustainability disclosures for companies. It mandates detailed reporting on environmental, social, and governance (ESG) impacts, risks, and performance using the European Sustainability Reporting Standards (ESRS). Phased in starting 2025, initially targeting large companies and eventually listed SMEs by around 2028 to improve transparency and comparability.
The requirements apply to EU companies with ≥ 1,000 employees and €450 M+ turnover, as well as non-EU companies with €450 M+ turnover generated in the EU, including EU branches and subsidiaries with €200 M+ EU revenue. Reporting obligations are simplified, with sector-specific details remaining optional. Smaller companies (fewer than 1,000 employees) are protected from additional reporting burdens beyond voluntary standards. To support compliance, the European Commission will introduce a digital portal providing standardized templates and practical guidance.
A key feature of CSRD is the requirement for third-party assurance by an accredited verifier, ensuring the credibility and accuracy of reported ESG data. This transforms sustainability reporting from a voluntary practice to a regulatory obligation. To remain compliant and credible, companies must integrate ESG into core governance and strategy making early preparation and expert verification essential to meet stakeholder expectations and regulatory demands.
Gain exclusive access to our recorded CSRD webinar session held on 12th November 2025, where Normec Verifavia experts explain the key requirements, scope, and next steps for operators and regulated entities.
Complete the form below to receive temporary access to the webinar recording for a period of one week.
Collecting client information, including locations, scope and objectives, relevant data and reports and any other required information. Reviewing of the received information for engagement decision.
Establishing a contract that defines the scope, objectives, timeline, and responsibilities.
Developing a detailed plan that outlines methodologies, tools, and resources needed for the assignment and selecting a competent team.
Execution of verification activities to evaluate data accuracy, traceability, and compliance with regulatory requirements.
Conduct an independent internal technical review of the verification findings and of the compliance with the verification process to ensure accuracy and completeness before finalizing the report.
Issuance of a formal verification statement for submission to the Competent Authority.
Managing any significant information that comes to light after the verification opinion has been issued. If such information could impact the verification results, it may necessitate a re-verification or correction in the verification statement.
Keeping detailed records of all documentation and communication throughout the verification process for 10 years.
