CSRD compliance is the practice of meeting the reporting obligations of the European Union’s Corporate Sustainability Reporting Directive, which mandates standardised disclosure of environmental, social and governance impacts. It requires in-scope companies to report under the European Sustainability Reporting Standards (ESRS), including double-materiality assessments and audited climate and carbon metrics. Compliance underpins demonstrable carbon accounting for sectors such as energy-intensive computing and blockchain.
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- The directive expands earlier non-financial reporting rules to a much larger set of companies and introduces mandatory assurance of disclosures. Reporting hinges on double materiality, assessing both how sustainability issues affect the company and how the company affects society and environment, with quantified emissions data feeding the assessment.