CSRD reporting 2025+ for EU companies
Corporate Sustainability Reporting Directive (EU 2022/2464) — ESRS standards, double materiality, Scope 1/2/3, value-chain disclosure, audit-assured filing.
What CSRD requires
CSRD (EU Directive 2022/2464) mandates sustainability reporting under ESRS (European Sustainability Reporting Standards). Wave 1 from FY 2024 (filed 2025): EU listed large companies (>500 employees / >40M EUR turnover / >20M EUR assets). Wave 2 from FY 2025 (filed 2026): all large EU companies meeting 2-of-3 thresholds (>250 employees / >50M turnover / >25M assets). Wave 3 from FY 2026: listed SMEs. Wave 4 from FY 2028: non-EU groups with EU turnover >150M.
What gets reported
Double materiality: impact on environment + financial impact on company. Twelve ESRS topical standards: ESRS E1 (climate), E2 (pollution), E3 (water), E4 (biodiversity), E5 (resource use & circular economy), S1 (workforce), S2 (workers in value chain), S3 (affected communities), S4 (consumers), G1 (business conduct). Scope 1, 2, 3 GHG emissions mandatory. Value-chain due diligence aligned with CSDDD. Audit-assured (limited assurance from 2025, reasonable assurance from 2028). iXBRL digital tagging mandatory.
Pricing — Italy
EUR pricing excluding VAT. Standard lead 5-8 working days, rush production +35% delivers in 3-5 days. Production hub serves the whole country. IVA 22%, e-invoices via SdI (Sistema di Interscambio). Milano hub.
FAQ
Filing format?
iXBRL-tagged single electronic format, integrated in management report. Audit-assured by statutory auditor.
Scope 3 categories?
All 15 GHG Protocol Scope 3 categories where material. For merch buyers: Category 1 (purchased goods + services) typically material; supplier-specific CO2e per SKU required.
Value-chain due diligence?
Aligned with CSDDD (Corporate Sustainability Due Diligence Directive). Tier-1 supplier due diligence mandatory; tier-2+ where feasible.
Penalties?
Per EU member state. Typically: fines up to 5% turnover, public listing of non-compliance, director liability, exclusion from public tenders.
Merch supplier role?
Supply CSRD-ready data per SKU: cradle-to-gate CO2e (ISO 14067), recycled content %, certifications (GOTS, GRS, FSC, Oeko-Tex), supplier audits (SMETA, amfori BSCI), social criteria, fair-pay verification.