Opinions expressed are those of the author. As the Corporate Sustainability Reporting Directive (CSRD) takes effect, U.S. companies with operations in the EU face a transformative moment.

The CSRD (Corporate Sustainability Reporting Standard Directive, Directive 2022/2464/UE), will be applied as of 1 January 2024 and entails governance obligations and the related responsibility of ...

“large undertakings” in scope of CSRD are redefined as those with over 1000 employees on a group or standalone basis, rather than 250 employees, with the financial thresholds of EUR 50 million ...