EU Corporate Sustainability Reporting Directive: Time To Gear Up For A Huge Opportunity
Access this research
Access all Corporate Sustainability Leaders content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
This report helps decision-makers responsible for climate and ESG disclosures to understand the implications of the European Commission’s proposed Corporate Sustainability Reporting (CSR) directive. Reflecting the EU’s objective to lead globally on climate and ESG policy, the CSR directive envisages requiring specific disclosures from 49,000 undertakings with more than 250 employees in the EU. The European Commission estimates that internal and external costs associated with the proposed law will hit €1.2 billion in upfront costs and €3.6 billion in annual costs. To understand how software and services firms should develop propositions for this market, the report provides a detailed analysis of the content of sustainability reporting standards drafted by the European Financial Reporting Advisory Group (EFRAG). To maximize market share, climate and ESG solution providers will need to launch CSR directive offerings in 2022 and fine tune them for client use in 2023.The EU Is Set To Create A Multi-Billion Euro Market For Sustainability Reporting Solutions
EU’s Proposed Corporate Sustainability Reporting Directive Is A Tectonic Shift
The EU’s Sustainability Reporting Standard Is Comprehensive And Complex
Implementation Of The Corporate Sustainability Reporting Directive Will Start In 2023
About the Author
David Metcalfe
CEO and Co-Founder
David is the CEO and co-founder of Verdantix, where he leads the firm’s strategic direction and client engagement. Since co-founding the firm in 2008, David has built a ...
View ProfileOther related content
If you lead a carbon or sustainability software firm, the plans you made in 2024 may no longer hold. Policy reversals since the EU Omnibus have slowed demand, and many executives a...
.png?sfvrsn=db470322_1)
Upcoming / 28 October, 2026
Global supply chain volatility is forcing sustainability and procurement leaders to rethink how they balance resilience with sustainability commitments. Join Verdantix analysts El...
Upcoming / 22 October, 2026
Most organisations know energy flexibility is coming. Far fewer have a clear view of what it means for their specific assets, operations and markets, or how to build a credible bus...
Upcoming / 29 September, 2026
The events of 2025 made clear to investors why managing sustainability data and responsible investment strategies matters. Investors experienced regulatory rollbacks, geopolitical ...
24 September, 2026
The latest series of the popular streaming show, Clarkson’s Farm, has brought agricultural technology (AgriTech) to the forefront of people’s minds, displaying what is possible whe...
24 September, 2026
In September 2026, a coalition of 18 mining and supply chain firms launched the Global Mining Sustainability Alliance (GMSA). It aims to deepen collaboration across the global mi...
23 September, 2026