CSRD Compliance for European Enterprises
Navigate the European Sustainability Reporting Standards with confidence
15+
Markets
1,000+
Integrations
CSIRO
Backed AI
$473B+
Data Analysed
Regulatory requirements
Corporate Sustainability Reporting Directive (CSRD)
The CSRD represents the most comprehensive sustainability reporting framework globally, requiring nearly 50,000 companies to report under the European Sustainability Reporting Standards (ESRS). It expands the scope of the previous Non-Financial Reporting Directive and introduces mandatory assurance, digital tagging, and double materiality assessments.
Who must report
Phased rollout: large public-interest entities already under NFRD (FY2024), other large companies meeting 2 of 3 criteria (250+ employees, EUR 50M+ turnover, EUR 25M+ total assets) from FY2025, listed SMEs from FY2026 with opt-out until FY2028. Non-EU companies with EUR 150M+ EU turnover from FY2028.
Penalties
Penalties set by individual EU member states. Expected to include financial penalties, public statements of non-compliance, and orders to remedy breaches. Member states must ensure penalties are effective, proportionate, and dissuasive.
Frameworks
Key compliance deadlines
CSRD enters into force
The Corporate Sustainability Reporting Directive officially entered into force, replacing the Non-Financial Reporting Directive.
ESRS adopted
The European Commission adopted the first set of European Sustainability Reporting Standards as delegated acts.
Phase 1 reporting begins
Large public-interest entities previously subject to NFRD begin reporting under ESRS for financial years starting on or after 1 January 2024.
Phase 2 reporting begins
Other large companies meeting the size thresholds begin mandatory CSRD reporting.
Listed SMEs in scope
Listed SMEs come into scope, though they may opt out of reporting until financial years starting on or after 1 January 2028.
How Avarni helps you comply
Enterprise-grade carbon accounting software designed for complex organisations and strict regulatory requirements.
Scope 1, 2 & 3 Emissions
Comprehensive emissions calculation across your entire value chain, with AI-driven factor selection.
Framework Reporting
Generate reports aligned to TCFD, ISSB, CSRD, ESRS, and local regulatory frameworks.
Audit-Ready Outputs
Produce assurance-grade reports that satisfy auditor requirements and regulatory scrutiny.
1,000+ Integrations
Connect with your existing ERP, accounting, and procurement systems including Oracle, SAP, and Workday.
AI-Powered Analysis
CSIRO-backed AI engine automatically categorises and calculates emissions from complex datasets.
Real-Time Dashboard
Track your progress with live emissions data, compliance status, and supplier mapping.
Our European Union presence
Office Address
Avenue Louise 54, 1050 Brussels, Belgium
Phone
+32 2 588 7140
Our European Union Team
Our EU team includes sustainability reporting specialists fluent in the ESRS framework, double materiality methodology, and the diverse regulatory landscapes across EU member states.
“The double materiality assessment felt overwhelming until Avarni walked us through their structured approach. We identified our material topics in half the time we budgeted and produced disclosures that satisfied both our auditors and investors.”
Dr. Katrin Bauer
VP of Corporate Responsibility, Rheinland Industriegruppe
Get compliant before January 2024
Don't wait until the last minute. Start your European Union compliance journey today.
Or call us to speak with a European Union compliance specialist