CSRD (Corporate Sustainability Reporting Directive)
EU directive requiring detailed sustainability reporting from large companies
What is CSRD (Corporate Sustainability Reporting Directive)?
The Corporate Sustainability Reporting Directive (CSRD) significantly expands sustainability reporting requirements for companies operating in the EU. It requires detailed disclosures across environmental, social, and governance topics using the European Sustainability Reporting Standards (ESRS).
Why It Matters for SECR
UK companies with significant EU operations may face both SECR and CSRD requirements. CSRD is broader and more detailed than SECR.
Examples
- 1
Large EU subsidiaries of UK companies
- 2
UK companies with securities listed on EU regulated markets
- 3
Double materiality assessment required
SECR Reporting Requirements
CSRD applies to financial years starting on or after 1 January 2024 for large EU companies. Phased implementation for others.
Related Terms
How CSRD (Corporate Sustainability Reporting Directive) Fits Into Your SECR Report
Understanding CSRD (Corporate Sustainability Reporting Directive) is essential for accurate SECR reporting. This concept appears throughout the reporting process—from data collection to final disclosure. Make sure your finance and sustainability teams have a shared understanding of this term.
For practical guidance on applying this concept, see our calculation guides or use the compliance checker to assess your specific situation.
Master SECR Terminology
Understanding the terminology is just the start. ComplyCarbon handles all the technical details—generating complete, compliant SECR reports with correct terminology throughout.
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