ISRB 2024/05 Corporate Sustainability Reporting Directive ('CSRD') for Non-EU Companies
ISRB 2024/05 Corporate Sustainability Reporting Directive ('CSRD') for Non-EU Companies
The EU’s Corporate Sustainability Reporting Directive (CSRD) becomes effective for many entities in 2024, with a later effective date for some entities. The scope of the CSRD will apply to many non-EU groups, which will have a significant effect, including the requirement to apply European Sustainability Reporting Standards. It is crucial for non-EU groups to determine if they will have a reporting obligation under the CSRD. BDO’s ISRB 2024/05 summarises the scoping rules of the CSRD applicable to non-EU groups.